GLENVALE PARK LOCAL CENTRE

AN EXCITING NEW LOCAL CENTRE IN A VIBRANT NEW NEW LOCAL CENTRE TO LET COMMUNITY IN , OPPORTUNITY TO LEASE RETAIL / LEISURE / BUSINESS UNITS FROM 1,000 SQ FT TO 6,500 SQ FT. Local Centre To Let Glenvale Park, Wellingborough

Proposed Local Centre and Pub – anticipated completion 2020

Initial Residential Parcel Boundaries

Initial Primary Infrastructure – completion end of 2019

Primary school – anticipated completion in September 2022

LNT Care Home providing 66 units

Second Phase Primary Infrastructure - anticipated completion mid 2020

Third Phase Infrastructure - anticipated completion 2022 RIXON 2,887 HOUSES

LOCAL CENTRE 10,000 REGISTERED SOLD TO PUB VOTERS LAGAN HOMES 41 DWELLINGS 2020 GLENEAGLES PARCEL UNDER OFFER LNT PARCEL UNDER OFFER 150 NEW HOMES CARE HOME 1,379 HOUSES 50 NEW HOMES 2020 - 2022 SOLD TO 2020 - 2023 BARRATT HOMES 2020-2021 (87) PRIMARY CRICKET < TO KETTERING A14 SCHOOL PITCH FUTURE PHASES SOLD TO NEW HOMES BARRATT HOMES TO A45 / M1 > COMUNITY 2020-2023 (128) FUTURE PHASES CENTRE NEW HOMES SOLD TO SOLD TO TAYLOR WIMPEY TAYLOR WIMPEY 2020-2023 (162) 2020-2023 (167)

FUTURE PHASES NEW HOMES

Not to scale. For reference purpose only

EXECUTIVE SUMMARY

Planning permission in place for up Initial serviced residential land parcels sold to to 3,000 new homes Barratt Homes, Taylor Wimpey and Lagan Homes TO LET: Located in a thriving growth region with Local Centre anchored by the Co-Op to open A MIX OF RETAIL, LEISURE AND BUSINESS UNITS excellent road and rail connectivity. Regular late 2020. A mix of retail, leisure and business train services to London in c. 45 minutes and units ranging from 1,000 sq ft to 6, 500 sq ft RANGING FROM 1,000 SQ FT TO 6,500 SQ FT, easy access to the regional road network available to let SET IN A VIBRANT NEW LOCAL CENTRE WITHIN Infrastructure works fully funded by Homes Care Home providing for 66 units sold to LNT A MAJOR NEW DEVELOPMENT OF 3,000 NEW . Initial works commenced in late 2018 New Primary School fully funded to be HOMES TO THE NORTH OF WELLINGBOROUGH. with completion in late 2019 open in 2022 Local Centre To Let Glenvale Park, Wellingborough

RESIDENTIAL DEVELOPMENT BY LAGAN HOMES (41)

RETAIL UNITS GIA 465 SQM (5,000 SQ FT) RESIDENTIAL APARTMENTS OVER RETAIL

5,000 SQ FT SUPERMARKET (GROUND) 6,500 SQ FT SUITABLE FOR ALTERNATIVE USES (GROUND/FIRST)

PUBLIC HOUSE

PROPOSAL Units are available to let individually or in LOCAL CENTRE combination on new FRI leases - rent and term to be agreed.

Glenvale Park local centre comprises a site just under 3 acres located at Use classes include: the gateway to the development from Niort Way (Wellingborough ring A1 (food and non food) / A2 / A3 / A4 / A5 / road) and adjacent to 4,266 existing houses (10,000 registered voters) B1A / C2 / D1 and D2 together with the imminent development of up to 3,000 new homes.

The local centre includes: The development will be subject to a nominal service charge (details on request) • 5,000 sf Supermarket (pre-let agreed with Co-Op) • 6,500 sf 1st floor space (above the supermarket) suitable TIMINGS for retail, leisure or office use The local centre will be ready for occupation • 1,500 sf standalone A3 retail unit in Autumn 2020 with works to commence in • Terrace of retail units from 1,000 sf to 5,000 sf late 2019. • Public House • 67-bed Care Home (Sold to LNT) Pre-let agreements will secure units, with • c. 40 homes sold to Lagan Homes occupation on completion. Local Centre To Let Glenvale Park, Wellingborough

PHASE 1

PHASE 3

FUTURE FUTURE PHASE PHASE

TAYLOR WIMPEY UNDER FUTURE OFFER PHASE 2 PHASE

(existing development) TAYLOR PRIMARY WIMPEY SCHOOL UNDER OFFER

BARRATT HOMES BARRATT HOMES LNT CARE HOME

LAGAN HOMES LOCAL CENTRE

MASTERPLAN PROGRESS TO DATE

Development partners Midtown Capital and Long Harbour • R5 & R6 sold to Taylor Wimpey for the development THE GLENVALE PARK URBAN have secured significant investment from Homes England to of 261 new homes; support the delivery of the masterplan. The investment will EXTENSION IS ON THE NORTHERN • Local Centre (anchored by The Co-Operative Group and be used to fund infrastructure and utilities for the initial and to include a pub) will be completed and occupied by FRINGE OF WELLINGBOROUGH. future phases. Autumn 2020; THE PLANNING PERMISSION WAS • Infrastructure work started on site in Q4 2018 and • Care Home parcel sold to LNT Care to deliver a will complete in Q4 2019; GRANTED FOR THE DELIVERY OF UP 66 unit facility; • The first houses will be delivered by Q1 2020; TO 3,000 NEW HOMES ALONG WITH • The Phase 1 Primary School is fully funded and anticipated EXTENSIVE COMMUNITY FACILITIES AND • R1 & R2 sold to Barratt Homes for the development to open in 2022; of 199 new homes; COMMERCIAL SPACE OVER 3 PHASES • Significant new open space will be delivered by the master • R4.a sold to Lagan Homes to deliver 41 new homes; developers alongside the initial infrastructure and housing. WITH DISTINCT CHARACTER AREAS.

The masterplan is set in approximately 700 acres of mature countryside and the development will be sensitively integrated within this context. The scheme also PROPOSED DEVELOPMENT TIMELINE benefits from the strong existing amenities and infrastructure of Wellingborough which will be further enhanced as part of the development and the wider growth plans for the region. The scheme provides the opportunity to be part of an exciting new community NOV 2018 Q4 2019 Q4 2019 Q4 2019 Q2 2020 Q2 2020 PHASE 1 LOCAL CENTRE INITIAL RESIDENTIAL PHASE 1 FIRST LOCAL within a prosperous growth region. STARTS DEVELOPMENT DEVELOPMENT INFRASTRUCTURE RESIDENTS CENTRE COMMENCES COMMENCES COMPLETE OCCUPATION COMPLETE Local Centre To Let Glenvale Park, Wellingborough

FINEDON ROAD REDHILL WELLINGBOROUGH INDUSTRIAL TOWN CENTRE GLENEAGLES ESTATE GRANGE

IRCHESTER WELLINGBOROUGH WELLINGBOROUGH WELLINGBOROUGH COUNTRY PARK GOLF CLUB STATION VICTORIA RETAIL RESIDENTIAL MARKET A509 A509 PARK LEADING LEADING A14 (J9) RUSHDEN A45 3 MILES LAKES A5193 A45 3 MILES WELLINGBOROUGH HAS ALL THE KEY FUNDAMENTALS AND IS WELL PLACED TO ACCOMMODATE GROWTH. IT IS WELL SERVED BY ROAD AND RAIL, AND A VARIED RETAIL CENTRE, LOCAL HEALTH SERVICES, FURTHER EDUCATION PROVISION, AND A FULL RANGE OF LEISURE AND RECREATION FACILITIES. IT IS ALSO AN INCREASINGLY POPULAR COMMUTER DESTINATION, WITH A REGULAR RAIL SERVICE INTO ST PANCRAS IN AS LITTLE AS 45 MINUTES.

Wellingborough’s status as a commuter destination next ten years, which will put further pressure on local has increasing relevance with the comprehensive housing stock. redevelopment of the St Pancras / Kings Cross area and Wellingborough is home to nearly 3,000 businesses, its transformation into a hub of employment, education, including the Head Offices of Booker and Whitworths, cultural and leisure activity. Situated just over ten minutes as well as household names such as Monsoon, Open from Wellingborough station, the Glenvale Park scheme WELLINGBOROUGH University and Budgens. Investors in the town include is well placed to take advantage of the London commuter Axa Sunlife, Unilever, Standard life, British Airways Pension spill, particularly in the context of affordability constraints WELLINGBOROUGH IS A TRADITIONAL TOWN SET IN THE HEART Fund, Aviva and many more. Development of the towns within the capital itself. OF NORTHAMPTONSHIRE. GLENVALE PARK RESIDENTS HAVE DIRECT employment base continues with a number of significant ACCESS TO THE BENEFITS OF BOTH TOWN AND COUNTRY: Wellingborough is a market town, with a population of sites now coming forward for commercial development around 80,000 (2018). This is expected to increase by 4.8% bringing with them new opportunities for employment Wellingborough has a rich history which can still be felt SURROUNDING AREAS by 2027, a rate broadly in-line with regional expectations, and giving the town a strong and balanced mixed-use through landmarks like Norman Croyland Abbey, Civil War and which will equate to an additional 3,813 living in foundation when combined with the release of land for and are lovely villages a Era Golden Hind Hotel and the market which dates from the the borough over the same period. Household growth is residential development. short walk from Glenvale Park. The wider area has numerous 1200s (and still runs four times a week). expected to outstrip population growth, at 7.5% over the picturesque villages with cosy pubs (Cranford, Pytchley, There is plenty to do and see in the town. Wellingborough Slipton, Wadenhoe – the list of nearby places with famous boasts a modern leisure centre including an indoor swimming pubs goes on…) pool and gymnasium, the magnificent Wellingborough Golf Club, theatre, films and live music at the Castle Theatre Stanwick Lakes is hard to beat for outdoor excursions – a as well as shopping at the Swansgate shopping centre all 750-acre nature reserve with endless activities including an complemented by dozens of restaurants and bars. adventure playground, cycling, horse riding, bird watching, picnics and barbecues. Education provision is excellent. Redwell Primary School (rated Outstanding by Ofsted) is immediately south of For shopping and leisure, Rushden Lakes is the region’s Glenvale Park and there are excellent secondary schools premier venue and only 5 miles away from Glenvale Park. nearby including Sir Christopher Hatton Academy, Weavers The development boasts over 60 retail outlets, including Academy, Wren Academy and M&S, Waitrose, House of Fraser, Boots, Next and many more. (private). Further education is provided at Tresham College The retail offer is complimented by numerous cafes and restaurants, as well as a new 14 screen cinema and indoor town centre campus, currently undergoing complete Rushden Lakes Wellingborough Golf Club refurbishment. climbing wall. Local Centre To Let Glenvale Park, Wellingborough

A509 TO A14 (J9) M1

LEICESTER M42 A510 PETERBOROUGH

A510 M69

BIRMINGHAM M6 A14 HUNTINGDON

A14 M40 A45 NORTHAMPTON A5193 CAMBRIDGE

A1(M) MILTON KEYNES TOWN CENTRE

M1 A5128

M11

A45 TO A14 (J13) A1, M1, M11 M25

A509 A45

LONDON M4 M25

A45 TO M1(J15) NORTHAMPTON M3

Rosie Bowers Martin Herbert FOR MORE INFORMATION 01933 22 33 00 0345 900 3907 / 07584 505546 [email protected] [email protected]

PLEASE CONTACT: Simon Toseland Josh Porter 01933 22 33 00 0345 900 3912 / 07823 885242 [email protected] [email protected]

Ian Harman 01604 492 000 [email protected]

Misrepresentation Act: All Agents and for the vendors or lessors of this property whose agents they are, give notice that (i) these particulars are produced in good faith, are set out as a general guide only and do not constitute any part of an offer or contract. They are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves as to the correctness of each of them. (ii) no person in the employment of all agents has any authority to make or give any representation or warranty in relation to this property.