Major Serviced Residential Development Opportunity: Quarrington, Sleaford, NG34 8UA

Major Serviced Residential Development Opportunity: Quarrington, Sleaford, NG34 8UA

handley chase Major Serviced Residential Development Opportunity: Quarrington, Sleaford, NG34 8UA Outline Planning Permission For 1,450 Houses Plus Ancillary Uses Illustrative Master Plan On behalf of our Client, Sleaford Property Developments Limited, Savills is pleased to invite you to consider the major strategic residential led development opportunity at Handley Chase, Quarrington. We are instructed to approach a target list of key developers who will engage in discussions with us to bring forward this exciting development opportunity. Introduction Savills is instructed to approach a select CGI of the proposed street scene for Key Phase 1 below: number of parties to discuss and seek offers for the first serviced land parcel(s), identifiable on the Illustrative Sales Phasing plan annexed and on page 5. This opportunity offers the potential for you to be at the forefront of this SUE project creating a new residential community to the south of Quarrington and to work alongside our Client to establish yourself as a key partner in the longer term strategy for housing delivery across this Site. Our Client has the vision and expertise to deliver infrastructure and supporting facilities on this site. Sleaford Property Developments Limited has already entered into a joint venture with T. Balfe Construction Limited to develop the first phase of dwellings creating an impressive gateway into the Site of executive detached houses. This will set the standard for design and value for the Site. Location Sleaford Property Developments Limited Location Plan detailing the Site’s proximity to Sleaford Town Centre and main arterial routes: owns 60 hectares (148 acres) which constitutes the Handley Chase development site with outline planning permission for a residential led development. The Site is located to the south of Quarrington, a Lincolnshire village lying around one mile south west of Sleaford Town Centre. The historic market town of Sleaford contains several amenities commensurate with its size and lies around 18 miles south of Lincoln City Centre. At the southern end of the town’s centre is the train station which is serviced by East Midlands trains and provides direct connections to the surrounding conurbations of Grantham, Nottingham, Lincoln and Peterborough. The town is also well served by the existing road network being situated at the Junction between the A15 and A17 which connects to the nearby large urban entities of Lincoln (18 miles), Boston (17 miles), Peterborough (33 miles), Grantham (14 miles) and Newark- on-Trent (19 miles). Lincolnshire contains several operational RAF airfields which are large employers in the County and in proximity to the subject Site is RAF Digby and RAF Cranwell, which is due to expand and become the centre of aviation medicine for research and training by 2020. Other major employers in the region include Siemens, Interflora and LCS Retail Group. Description The Site is roughly triangular in shape and is situated to the south of London Road and Stump Cross Hill, and immediately south of Sleaford Town Centre. It forms a natural extension to the existing settlement and will form the new southern edge of Quarrington. The Site is principally bound by residential dwellings and open flat agricultural land, with limited hedgerow and tree cover. Aerial image of the Site below: Crown Copyright - licence no. 100018190. Based on Ordnance Survey 2013. Not to Scale - For Identification Purposes Only. Planning Planning Permission The Draft Core Strategy for Central The Site received outline planning permission for residential development, new site access, Lincolnshire has been jointly produced by open space and landscaping on 17 July 2015 (Planning Reference:13/0498/OUT (enclosed North Kesteven District Council, the City of in this Information Memorandum)). A synopsis of the planning permission is as follows: Lincoln Council and West Lindsey District • 1,450 dwellings based on 36 dwellings per net hectare Council and in partnership with Lincolnshire • Two form entry primary schools County Council. The draft document highlights Sleaford as a ‘Primary Attractor’ • Care home settlement, i.e. the focus for substantial local • Local centre employment and can accommodate around • Public open space ten percent of housing growth in Central • Sports pitches Lincolnshire. • Allotments • Associated infrastructure (outline with means of access) The Site forms part of a proposed strategic allocation of mixed use development to include 1,600 residential dwellings as well as appropriate employment opportunities, a neighbourhood centre, education and community facilities and infrastructure under Policy S7 of the Partial Core Strategy: Area Policies for Lincoln, Gainsborough and Sleaford. Section 106 Agreement A synopsis of the S106 costs are detailed below: Description Financial Contribution Healthcare Contribution £430,000 Public Realm Improvements £10,000 Primary School £3,480,000 Secondary School £100,000 Transport Contribution and related issues £1,650,000 Public Open Space £1,435,000 Public Open Space Maintenance £330,000 Total £7,435,000 Affordable Housing Savills are seeking partners to share in this vision to jointly create this new residential community. The Section 106 Agreement details the affordable housing provision The enclosed Indicative Sales Phasing Plan identifies the indicative should be apportioned as no less than the following percentages in phases available to developers: Phases 2-4 of development, subject to the review mechanism: • Key Phase 2 2.3 ha Approximately 83 units • Phase 1 60 of a total 600 dwellings (10%) • Key Phase 3 4.3 ha Approximately 154 units • Phase 2 50 of a total 400 dwellings (12.5%) • Key Phase 4 2.63 ha Approximately 95 units • Phase 3 45 of a total 300 dwellings (15%) • Key Phase 5 1.9 ha Approximately 68 units • Phase 4 26 of a total 150 dwellings (17.5%) • Key Phase 6 3.15 ha Approximately 113 units The Opportunity The Key Phases are identified on the Sales Phasing Plan The Our Client will develop Key Phase 1 comprising 31 executive Masterplan and Phasing Plans provide an overview of our Client’s dwellings to set the tone for future phases of development, thus vision for the whole development, however they are flexible in their creating an impressive gateway into the development and to approach and wish to work jointly with partners in order to deliver an establish the placemaking required to make this a successful exemplar residential led scheme. development. Delivery CGI images of the proposed houses are detailed below: Sleaford Property Developments Limited are advancing with the design and technical approvals for the initial phase of construction. This includes green infrastructure, roads and utilities as well as Key Phase 1. This will enable the prompt delivery of fully serviced parcel(s). Technical Information Full technical information is held on Savills datasite, access can be provided upon request. Selection Process And Timescales • We are inviting Expressions of Interest by 5pm on Monday 24 July 2017 • Informal Tender Deadline for Offers is 5pm on Monday 11 September 2017 • Interviews will be organised if required • Exchange by the end of 2017 • Developer on site by Q1 / Q2 2018 Indicative Sales Phasing Plan Viewings Enclosures Access onto the Site is available strictly if agreed in advance with • Outline Planning Permission Savills. We recommend all interested parties view the Site in order • Outline Illustrative Masterplan to appreciate the setting and scale of this opportunity, ideally with Savills. • Outline Phasing Plan Please note that Savills and their Clients do not take any • Illustrative Sales Phasing Plan responsibility for any loss or injury caused whilst carrying out a site visit. Next Steps We look to hearing whether this opportunity is of interest to you and discussing it in further detail. Please contact the Agents: Ann Taylor Ollie Barnes Associate Director Surveyor +44 (0) 115 934 8174 +44 (0) 115 934 8051 [email protected] [email protected] Victor Ktori Olivia Haslam Head of Office & Graduate Surveyor Commercial Dept +44 (0) 115 934 8163 +44 (0) 115 934 8171 [email protected] [email protected] Outline Planning Permission Form PP3 Town and Country Planning Act 1990 Outline Planning Permission Name and address of applicant Name and address of agent (if any) Sleaford Property Developments Ltd Woolf Bond Planning c/o Agent The Mitfords Basingstoke Road Three Mile Cross Reading RG7 1AT Notice of decision to grant outline planning permission Application number: 13/0498/OUT Proposal: Erection of 1,450 dwellings, two form entry primary school, care home, Local Centre (incorporating 5 no. retail units with offices above, health centre, nursery, community centre and public house) public open space, sports pitches and allotments and associated infrastructure (outline with means of access) Location: Land East of London Road/Stumpcross Hill and West of Southfields, Sleaford ('Handley Chase') North Kesteven District Council hereby give notice in pursuance of the Town and Country Planning Act 1990 that permission has been granted for the carrying out of development referred to above, subject to the conditions set out below – 1 Application for approval of reserved matters shall be made to the District Planning Authority not later than the expiration of three (3) years beginning with the date of this permission and the development shall be begun not later than the expiration of two years from the final approval of the reserved matters or, in the case of approval on different dates, the final approval of the last matter to be approved. Reason: To comply with the provisions of Section 92 of the Town and Country Planning Act 1990 as amended by Section 51 of the Planning and Compulsory Purchase Act 2004. 2 Details of the appearance, landscaping, layout and scale (hereinafter called "the reserved matters") for each phase of development shall be submitted to and approved in writing by the District Planning Authority before any development commences and the development shall be carried out as approved.

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