BOTANIC GARDENS

CHURCHTOWN

Residential Development Opportunity Balmoral Drive, Southport PR9 8QJ

Balmoral Drive Southport PR9 8QJ 2

Key Considerations • Significant development opportunity in an attractive seaside town • Gross site area of approximately 13.86 acres (5.61 ha) • Outline planning granted for the demolition of existing buildings and construction of up to 157 new dwellings • No affordable housing provision

Location The site is located in the attractive seaside town of Southport in . It lies approximately 4 miles north of Southport’s town centre, 15 miles south west of Preston, 21.5 miles north of and 43 miles north west of . Southport is well connected with a number of public transport options available. Southport train station is approximately 3.0 miles south west of the site and offers frequent services to Liverpool Central and South Parkway, Manchester Piccadilly and . There are several bus stops on Balmoral Drive, providing additional public transport to Southport’s town centre as well as Preston and Chorley. Southport and the site are easily accessible by road. The A565 runs through the centre of town and then north towards the subject site. It also connects to the wider motorway network, including the M6 and M58, some 15 miles and 13 miles east respectively. Southport benefits from retaining a number of Ofsted rated ‘Good’ and ‘Outstanding’ schools, including LarkfieldP rimary School, St Patrick’s Catholic Primary School and Stanley High School - all of which are within a mile radius of the site. Balmoral Drive Southport PR9 8QJ 3

The site is situated within close proximity to Churchtown, a historic suburb of Southport and a designated conservation Services Legal costs area. Churchtown is well known for its independent shops Prospective purchasers should make their own enquiries to Each party will be responsible for their own legal costs and restaurants, as well as the Botanic Gardens, which are the relevant Authorities as to the suitability, capacity and associated with this transaction. positioned less than 0.5 miles south of the site. exact location of services. VAT Description Planning and Technical The Vendor reserves the right to charge VAT The site extends to approximately 13.86 acres (5.61 ha) and Information on the purchase price. currently comprises a part occupied industrial premises. The site is surrounded predominately by residential Planning and technical information will be made available dwellings primarily of two storeys in height. Access to the to interested parties through a secure data room for which site is provided from Balmoral Drive to the west and North access will be provided to approved parties. Road at its northern boundary.

Tenancy The site is currently let in its entirety to Philips Electronics UK Limited until September 2019. The Vendor is in discussions with the Tenant to agree an early surrender of the lease. We request interested parties do not contact the Tenant directly, however any queries can be directed through Savills.

Planning have granted outline planning consent for the site, for its redevelopment and the construction of up to 157 new dwellings. The planning details are accessible on the Council’s website under planning reference DC/2017/01325. The committee report confirms that Vacant Building Credit is applicable due to the amount of vacant floor space currently present. As such, no affordable housing is required, however the Council does require an education contribution of £312,985.05.

Tenure The site is held on a freehold basis.

NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100024244 Savills (L&P) Limited. Balmoral Drive Southport PR9 8QJ 4

Method of Sale The site is to be sold by Informal Tender. Interested parties should express their interest in writing. Thereafter, additional information and details of the tender deadline date will be issued. Viewing Interested parties should contact Berit Rose for more information or to arrange a viewing. The site can be viewed from Balmoral Drive and North Road. Contact For further information please contact:

Savills Manchester Ed Rooney Berit Rose Belvedere +44 (0) 161 602 8211 +44 (0) 161 244 7791 12 Booth Street [email protected] [email protected] Manchester M2 4AW

Important Notice Maps are reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd, and published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. Savills, their clients and any joint agents give notice that: 1. they are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and Produced by Savills Marketing: 020 7499 8644 | October 2018