FOR SALE - BOURNEMOUTH TOWN CENTRE - POTENTIAL DEVELOPMENT SITE (Subject to Planning)

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FOR SALE - BOURNEMOUTH TOWN CENTRE - POTENTIAL DEVELOPMENT SITE (Subject to Planning)
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
FOR SALE - BOURNEMOUTH TOWN CENTRE - POTENTIAL DEVELOPMENT SITE (Subject to Planning)
***Not to scale - for identification purposes only

Clifton & Brandon House and Streate Place, St. Peters Road, Bournemouth, Dorset, BH1 2LT
FOR SALE - BOURNEMOUTH TOWN CENTRE - POTENTIAL DEVELOPMENT SITE (Subject to Planning)
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
FOR SALE - BOURNEMOUTH TOWN CENTRE - POTENTIAL DEVELOPMENT SITE (Subject to Planning)
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.
FOR SALE - BOURNEMOUTH TOWN CENTRE - POTENTIAL DEVELOPMENT SITE (Subject to Planning)
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.
FOR SALE - BOURNEMOUTH TOWN CENTRE - POTENTIAL DEVELOPMENT SITE (Subject to Planning)
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
FOR SALE - BOURNEMOUTH TOWN CENTRE - POTENTIAL DEVELOPMENT SITE (Subject to Planning)
Clifton & Brandon House and Streate Place, St. Peters Road,
               Bournemouth, Dorset, BH1 2LT
                       You can call us or email
                     info@cowlingandwest.co.uk
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