THE KING EDWARD VII ESTATE - Midhurst, West Sussex Residential development opportunity located within historic estate situated in the South Downs ...
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Indicative Site Boundaries THE KING EDWARD VII ESTATE Midhurst, West Sussex Residential development opportunity located within historic estate situated in the South Downs National Park
The King Edward VII Estate Midhurst, West Sussex 2 EXECUTIVE HIGHLIGHTS • Exceptional historic estate comprising a former sanatorium that has been superbly restored to deliver luxury apartments by award winning conversion specialists, City & Country Group; • The estate includes listed buildings and new build development set in a 165 acre parkland; • Advantageous location within South Downs National Park, benefitting from uninterrupted views over beautiful landscape; • Close proximity to established towns, including Midhurst 5.5 km (3.4 miles) and Haslemere 11.6 km (7.2 miles); • Renowned recreational facilities available at nearby Cowdray Park and Goodwood Estate; • Last remaining land parcels within the estate for sale with detailed planning permission in place; • Lot 1 (Eastern Courtyard) – planning permission for 28 new-build terraced houses & 20 apartments; • Lot 2 (Western Courtyard) – planning permission for 51 new-build apartments; • Freeholds for sale with vacant possession; • Unconditional offers invited. View over South Downs National Park. Sanatorium facing South
The King Edward VII Estate Midhurst, West Sussex 3 KING EDWARD VII HOSPITAL HISTORY King Edward VII Hospital was founded in 1901 to care for those suffering from tuberculosis and was officially opened in July 1906 by His Majesty King Edward VII. The institution was given the name King Edward VII Sanatorium. The estate provided a bright, south facing hillside outlook with excellent views of the South Downs. After the eradication of tuberculosis, the hospital was later used as a modern hospital admitting NHS and private patients. The hospital eventually closed in 2006 and was left abandoned and in decline until City & Country acquired the site. CIT Y & COUNTRY City & Country acquired the King Edward VII Hospital and surrounding grounds in 2009, before achieving planning permission in 2011 for comprehensive redevelopment of the estate. They have restored and transformed the existing buildings and estate, to create an exceptional place to live, having due respect for the historic detailing and features of both the listed buildings, the setting and wider landscape.The restoration includes the conversion of Grade II and II* listed buildings, most notably the former sanatorium building, as well as the historic Gertrude Jekyll gardens. Across the 165 acre estate, a total of approximately 218 dwellings have been delivered to date together with leisure facilities for the benefit of all residents. These facilities include a swimming pool in the restored Chapel and communal rooms within the Sanatorium. City & Country have worked with high quality new build developers Millgate Homes, Metis Homes and Cala Homes to deliver the majority of the new build units so far. The final phases of the estate are underway with City & Country currently working to complete the final residential conversion of the former Engine and Motor House’s and associated new build Cottages. In addition, a luxury retirement scheme is in the process of design/planning on another part of the site (Kings Green East and part of Superintendents Drive). All of the units completed to date have been finished to a high standard and the development is now well established and recognised as an aspirational place to live. City & Country are looking to identify a developer that will strive to maintain this standard of quality design and construction, building on the legacy created.
The King Edward VII Estate Midhurst, West Sussex 4 LOCAL AREA CONNECTIVIT Y Located in the Parish of Easebourne, the estate is As well as local towns and villages, the estate is within approximately 4.8 km (3 miles) north of Midhurst and close proximity of the south coast, with excellent Road 3.2 km (2 miles) south of Fernhurst, near Haslemere, opportunities for sailing at Chichester and Bosham. The estate is well connected via local roads including the A286 that runs Surrey. Midhurst is a market town that provides a Golfers will also be spoilt for choice with over 30 golf north to Haslemere and south towards Chichester. The A272 also runs range of local and national retailers, coffee shops, courses within a fifteen mile radius of the estate, the directly from Midhurst and leads west towards Petersfield and the A3. bars, restaurants and local pubs. The A286 (North closest of which is Cowdray Park Golf Club. The A3 provides excellent connectivity to Guildford, London and the M25 Street) runs through the centre of Midhurst acting as northbound, as well as Portsmouth southbound. the high street, leading towards Easebourne in the Situated in the heart of the South Downs National Park and within an area of Outstanding Natural International travel can be easily reached from both London Heathrow and north and Goodwood in the south. Beauty, the site benefits from views over a Gatwick Airports. Heathrow is situated 77.2 km (48 miles) north east of the Continuing 11.6 km (7.2 miles) further north, the spectacular landscape. site and Gatwick is 62.8 km (39 miles) to the east, both of which can be A286 also leads towards Haslemere, a larger market accessed via the A3 and M25. town that provides more comprehensive range of facilities including Waitrose and Marks and Spencer Rail supermarkets as well as Haslemere Leisure Centre. Haslemere railway station is approximately 11.7 km (7.3 miles) north, providing regular train services between Portsmouth Harbour and London Waterloo via Guildford, run by South Western Railways. Approximate journey times: RAILWAY TERMINAL APPROXIMATE JOURNEY TIME London Waterloo 49 – 72 minutes Guildford 16 - 23 minutes Portsmouth & Southsea 36 – 51 minutes Gatwick Airport 69 – 107 minutes (via Guildford) Bus The nearest bus stop is King Edward VII Hospital Turn which is situated at the end of Kings Drive, where the road joins with the A286. This bus stop is located 1.4 km (0.9 miles) east of the estate and provides direct services to Midhurst and Guildford, via the neighbouring towns and villages with bus numbers 70 and 470. The service is run by Stagecoach South. COWDRAY PARK AND GOODWOOD ESTATE An affluent area within West Sussex, the estate is close to the world renowned recreational facilities of the Goodwood Estate and Cowdray Park. Cowdray Park Polo Club hosts matches every week from April to September, the main event being the Gold Cup for the British Open Championship, attracting many international players. Additionally, Goodwood Estate provides excellent events such as the Festival of Speed and the Goodwood Revival, whilst horse racing takes place regularly at Goodwood Racecourse.
The King Edward VII Estate Midhurst, West Sussex 5 LOT 1 EASTERN COURT YARD Site Description The Eastern Courtyard is a cleared land parcel and benefits from two planning permissions. It is currently utilised for temporary surface level resident’s car parking. The first planning permission was granted in 2011 for 68 assisted living units. The second planning permission was granted in 2016 for 28 houses and 20 apartments with a further variation to the 2016 permission. Planning History APPLICATION NUMBER DESCRIPTION Assisted Living Scheme – this permission was varied by a 11/03635/FUL as varied by Section 73 variation planning, consented 29/11/2012. The 12/01392/FUL amendments sought under this permission did not relate to the area of the site currently offered for sale. COU from Assisted Living to Residential – granted 11/01/2016 for a change of use from Assisted Care Living 15/02213/FUL (Use Class C2) to Open Market Residential Properties (Use Class C3). This permission has been implemented and is extant. Variation of Conditions to Residential Scheme – granted 26/10/2018 to vary the wording of various conditions to reduce level of details to be provided 18/02811/CND pre-commencement. This application also provided the relevant information to discharge the remaining pre-commencement conditions attached to permission 15/02213/FUL in order to allow for lawful implementation. Certificate of Lawful Development - this certificate Indicative Site Boundary granted on 19 February 2019 confirms that permission 18/06365/LDE 15/02213/FUL as varied by 18/02811/CND was lawfully implemented on 12 December 2018. Eastern Courtyard East Elevation Design Amends to Residential Scheme - application approved 02/12/2019 for amendments to the design and layouts of the East Apartments, East Courtyard 18/05992/CND Terrace Houses and Superintendents Drive Houses and to re-configure the vehicular access route into the East Basement Car Park off Kings Drive. Basement Car Park The latest variation to the planning permission also includes a basement car Eastern Courtyard North Elevation park consisting of 188 parking spaces. The purchaser of the Eastern Courtyard will need to provide 74 car parking spaces for the Sanatorium however, they will be provided with 96 spaces in the west underground car park, which has already been developed. Please be advised that the 96 spaces in the west underground car park, will only be provided if the two land parcels are purchased together.
The King Edward VII Estate Midhurst, West Sussex 6 LOT 2 WESTERN COURT YARD Site Description The Western Courtyard consists of a cleared land parcel with planning permission for 51 apartments within a multi-storey block, southwest of the former Chapel. The planning permissions granted permission for a single block, however a Section 73 application has been submitted to vary the design and layout, splitting the block into three separate buildings. This also includes internal reconfigurations of layouts and the basement. A feature of the design is the inclusion of private balconies or terraces for all apartments. The West Apartments will include the delivery of a gymnasium that will need to be made available for all residents across the Estate. The facilities will be managed by the Estate Management Company. Planning History APPLICATION NUMBER DESCRIPTION Residential Scheme - erection of 51 apartments 11/03635/FUL (11/03640/LBC) comprising 7 no. 1 bed, 41 no. 2 bed and 3 no. 4 bed units Amendments to Residential Scheme - amendments to the proposals approved by permission 11/03635/ 12/01392/FUL (12/01391/LIS) FUL. Erection of 48 apartments, known as West Apartments. Design Amends - amendments to the design and 18/03485/CND* & 18/03486/ layouts associated with the West Apartments, LIS increasing the number of units from 48 to 51. Section 73 Application - variation of Condition 1 on planning consent SDNP/12/01392/FUL. This 20/04766/CND - pending application is for the reordering of the approved West Indicative Site Boundary Apartments from one large block to three separate, smaller buildings. Western Elevation
The King Edward VII Estate Midhurst, West Sussex 7 DEMOGRAPHICS PREVIOUS SALES DATA AND SUMMARY The previous phases at King Edward VII Hospital, has FORECASTS The last remaining parcels at King Edward Hospital VII demonstrated the buyer demographics that are drawn to present an excellent opportunity to develop a scheme within this location. Previous phases undertaken by prestigious Across the estate, the previous phases have sold to provide an established estate located in the heart of the South Downs developers, such as Millgate Homes, Metis Homes and CALA a firm evidence base of sales data. The benefits of place- National Park, surrounded by 165 acres of woodland. With Homes have delivered premium houses which appeal to making have become obvious due to the sale prices achieved the benefit of existing place making and through delivery affluent young families and up-sizers. In addition to this, the in the later phases of the development. Please refer to our of a high quality specification, we believe premium sales conversion of the former sanatorium, undertaken by City & data room for a break down of these sales figures. values could be achieved for the proposed schemes. Despite Country, has delivered large luxury apartments that have The average UK house price has continued to rise strongly challenging conditions throughout the last 18 months due attracted downsizers and second-home owners seeking a in 2021, increasing by +5.6% in the first six months of the to COVID-19, the demand for properties in out of town rural rural bolthole. year according to the Nationwide index. Despite the rush of locations has increased. The appeal of these properties tends activity prior to the stamp duty deadlines of March and June, to be driven by proximity to the countryside and the provision It is anticipated that the dwellings to be delivered by these of private and communal gardens. last remaining parcels will continue to appeal to these buyer we are continuing to see elevated levels of demand against types. The South East housing market has boomed during the the backdrop of limited supply. This imbalance looks set to COVID-19 Pandemic, with demand for new-build properties maintain growth for the second half of the year meaning we in rural locations such as Midhurst primarily being driven by a expect annual house price growth across the UK as a whole change in consumer preferences. We expect the behavioural to end 2021 at 9.0%. Market in Minutes - Savills Research changes that have evolved as a result of the COVID-19 Pandemic, most notably increased working from home and a desire for additional space and gardens, will amplify the demand for the proposed dwellings.
The King Edward VII Estate Midhurst, West Sussex 8 TITLE AND TENURE VIEWINGS The freehold interest in the sites will be Viewings are strictly by appointment only. sold with vacant possession. Lot 1 and Lot Please contact Edward James or Tessa 2 are offered separately or together. Wright at Savills to make an appointment. METHOD OF SALE DATA ROOM The sites are offered for sale by informal Further information relating to the site is tender unless sold prior. Offers are available for download from our online invited for the freehold interests on an data room: unconditional basis. https://sites.savills.com/King_Edward_ Please note that the Vendors reserves the Hospital_VII right not to accept the highest or any offer, withdraw the site from the market or to alter the method of sale at any time. CONTACT For further information please contact: VAT Edward James The Vendors will not elect to charge VAT. ejames@savills.com 07812 965300 Tessa Wright tessa.wright@savills.com 07977 030108 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 | September 2021
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