FOR SALE - BOURNEMOUTH TOWN CENTRE - POTENTIAL DEVELOPMENT SITE (Subject to Planning)
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
FOR SALE * Illustrative purposes only BOURNEMOUTH TOWN CENTRE - POTENTIAL DEVELOPMENT SITE (Subject to Planning) 0.15 ha (0.37 Acres) Clifton & Brandon House and Streate Place, St. Peters Road, Bournemouth, Dorset, BH1 2LT
***Not to scale - for identification purposes only Clifton & Brandon House and Streate Place, St. Peters Road, Bournemouth, Dorset, BH1 2LT
Location The site is situated fronting St. Peters Road, close to its junction with the B3066 Bath Road at the St. Peters roundabout on the top of Bath Hill. The shopping facilities in Bournemouth town centre and Bournemouth seafront are within easy walking distance. Bath Road via Holdenhurst Road and St. Pauls Road provide a direct access to the A338 Bournemouth Spur Road Clifton and Brandon House comprises a primarily two storey building of dual carriageway. The site is also situated less than a mile from brick construction with pitched tiled roofs. This building, which is currently Bournemouth train station. utilised as a language school, extends in total to approximately 340 sq. m. (3,660 sq. ft.). The external areas of the site are currently laid out for a mixture of car parking and landscaping. Description The site is relatively level extending to approximately 0.15 ha (0.37 acres) Streate Place comprises a three storey building with rendered elevations and with a frontage to St. Peters Road of approximately 40m. The site under a mixture of pitched tile and flat felt covered roofs. This building, comprises two separate adjoining plots each of which is currently which is currently in office use, extends in total to approximately 350 sq. m. occupied by a detached building. (3,770 sq. ft). The external areas of the site are once again laid out with a mixture of landscaping and car parking. Clifton & Brandon House Streate Place
Tenure The former Berry Court, Local Authority car park adjoining the north-west boundary to the site, has been developed recently to provide 113 FREEHOLD. predominantly 2 bedroom apartments over 6-10 storeys. In the Bournemouth Town Centre Area Action Plan, which was adopted in March On its eastern side Streate Place immediately adjoins and is attached to the 2013, Policy A4 allocated the Berry Court site for residential development. Bournemouth Spiratualist Church. The Church has the right to use 3 specific Policy A4 also indicated that the adjoining site occupied by Clifton and car parking spaces within the Streate Place section of the site. Brandon House and Streate Place could have been incorporated within this scheme subject to satisfying any employment requirements within the Tenancy Details Bournemouth District Wide Local Plan. Clifton and Brandon House is let to the United World School of English 2 Ltd for a term of 10 years from the 9th December 2011 expiring on the 8th December The Telephone Exchange Building adjoining the north-eastern boundary of 2021. The current passing rent is £43,000 pa. and the lease is excluded from the site was also allocated within the Bournemouth Town Centre Area the security of tenure provisions contained within Sections 24-28 of the Action Plan under policy A24 for a mixed use scheme incorporating Landlord and Tenant Act 1954. employment and residential uses. Streate Place is let to RPS Consulting Services Ltd for a term of 5 years from A Planning Consent was granted in February 2018 for the redevelopment of the 1st April 2015 expiring on the 31st March 2020. The current passing rent is the property to the south of the site on the opposite side of St. Peters Road £54,000 pa and the lease is NOT excluded from the security of tenure (14 Bath Road) for a hotel with leisure facilities and 66 residential flats. provisions contained within Sections 24-28 of the Landlord and Tenant Act 1954. Brandon House and Clifton House and Streate Place could be converted and extended subject to planning for residential purposes. Alternatively, Town Planning subject to planning, the existing buildings could be demolished and the site redeveloped as either a residential or mixed use scheme. Any scheme for We understand that Brandon and Clifton House has a lawful planning use increasing the floor space on the site will be subject to affordable housing as a language school within Class D1 of the Town and Country Planning policy and liable for the Community Infrastructure Levy. (Use Classes) Order 1987. Streate Place has been utilised for many years for office purposes and we understand has planning consent for office The site forms part of a larger area which is subject to a Tree Preservation use within Class B1 of the Town and Country Planning (Use Classes) Order Order dated the 16th April 1984. This Tree Preservation Order appears to be 1987, of a blanket nature and does not seem to refer to the retention of any specific trees.
Proposal The site is offered for sale Freehold with offers sought preferably on an Legal Costs unconditional basis in excess of £2,500,000. Both parties to be responsible for their own legal costs. The sale of the site will be structured as two separate but simultaneous transactions of the two sections of the site, Clifton and Brandon House Finance Act 1989 and Streate Place, subject to the tenancy arrangements outlined above. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchasers or lessees must satisfy themselves as to the incidence of VAT in respect of any transaction. Energy Performance Important Note Clifton - E (116) Brandon - E (108) At no time has a structural survey been undertaken and appliances have not been tested. Interested parties should satisfy themselves as necessary as to the structural integrity of the premises and condition and working order of services, fixtures and fittings. GF Streate Place - C (73) FF & 2nd F Streate Place - D (81) Identification Under Money Laundering Regulations, we are obliged to verify the identity of a proposed tenant/purchaser prior to instructing solicitors. This is to help combat fraud and money laundering and the requirements are Business Rates contained in statute. A letter will be sent to the proposed tenant/purchaser once terms have been agreed. The rateable values for the properties are as follows:- Disclaimer Clifton and Brandon House - £41,750 Streate Place - £35,000 MESSRS COWLING & WEST FOR THEMSELVES AND FOR VENDORS OR LESSORS OF THIS PROPERTY WHOSE AGENTS THEY ARE GIVE NOTICE THAT: THE PARTICULARS ARE SET OUT AS A GENERAL OUTLINE ONLY FOR THE GUIDANCE OF INTENDED PURCHASERS OR LESSEES, AND DO NOT CONSTITUTE, NOR CONSTITUTE PART OF, AN OFFER OR CONTRACT; ALL DESCRIPTIONS, DIMENSIONS, Services REFERENCES TO CONDITION AND NECESSARY PERMISSIONS FOR USE AND OCCUPATION, AND OTHER DETAILS ARE GIVEN WITHOUT RESPONSIBILITY AND ANY INTENDING PURCHASERS OR TENANTS SHOULD NOT RELY ON THEM AS STATEMENTS OR REPRESENTATIONS We are advised that the following mains services are available: water, OF FACT BUT MUST SATISFY THEMSELVES BY INSPECTION OR OTHERWISE AS TO THE CORRECTNESS OF EACH OF THEM; NO PERSON IN THE EMPLOYMENT OF MESSRS COWLING & WEST HAS ANY AUTHORITY TO MAKE OR GIVEN ANY REPRESENTATION OR WARRANTY drainage, electricity and gas. However, all prospective occupiers should WHATEVER IN RELATION TO THIS PROPERTY. make their own enquiries regarding the capacities of the various services.
Viewing strictly by appointment through the joint agents: Cowling & West Intelligent Land The White House The Studio 170 Magna Road Ferndown Golf Club Forest Canford Magna Forest Links Road Wimborne Ferndown Dorset, BH21 3AP Dorset, BH22 9PH Simon West Mark Hewett simonw@cowlingandwest.co.uk mh@intel-land.com Tel : 01202 558 262 Tel : 01202 570 471
You can also read