Land For Sale £3,000,000
The Opportunity
A residential development site, with a submitted application to develop up to 87 dwellings, with associated parking and landscaping. The scheme is to include an Affordable Housing contribution of 40%.
The site is situated in the popular village of Bury, located in between Huntingdon and Peterborough.
The Site
The site extends to approximately 8.9 acres (3.6017ha) and comprises two agricultural fields, divided by a tree-belt, situated to the southern side of Tunkers Lane, an unmade public highway, which will be improved as part of the wider development and provide the principle point of access to the scheme.
Location
Bury is a village situated 7 miles north/north east of Huntingdon, 14 miles south of Peterborough and close to Ramsey and St Ives.
The village has a population of c.1,838 (2011 Census). There is a Primary School and Convenience Store within a short distance of the site and Ramsey town centre, located just over a mile to the north of the site, provides further amenities, including a range of educational facilities, Supermarket, Post Office, Retail and
employment opportunities.
The site is situated south of Tunkers Lane, to the south of the village, just off Ramsey Road. The A141 lies to the south, which connects Wisbech to Huntingdon and in turn the A14, A1(M) and wider road networks.
The closest rail stations are situated in Huntingdon and Peterborough, both with frequent local and national services.
Planning
An Outline Planning application (Ref: 20/00863/out) has been submitted to Huntingdonshire District Council (hdc) for a “Proposed Residential
Development (of up to 87 dwellings) involving the provision of public open space, landscaping, means of access (including widening Tunkers Lane) and associated works”, a draft Section 106 has been agreed between the parties and the application is expected to be determined at the June 2021 Planning Committee.
We understand that the Affordable Housing shall equate to 40% of the Housing Development divided as a minimum 70:30 split in favour of Social Rent/Affordable Rent Tenure; the balance to be Shared Ownership dwellings.
Tenure
The Freehold interest is being sold by Informal Tender.
Price
Offers invited.
Information Pack
A microsite for additional information has been created, which includes Planning, Legal and Technical documentation and access details are available from the selling agent.
Tender
All tenders must be received by 12 noon on Wednesday 7th July 2021 and should be emailed to the agents, whose contact details can be found in the brochure. The Landowner reserve the right to not accept the highest, or indeed, any offer.
Timetable
• There will be several designated viewing days during the marketing period.
• Viewing by appointment only.
• Informal Tender Date: 12 noon Wednesday 7th July 2021
• Post-bid interviews to be held via Microsoft Teams w/c 12th July 2021
• Preferred Bidder confirmed and Heads of Terms agreed w/c 19th July 2021
• Exchange of Contracts w/c 6th September 2021
VAT
The vendor is reserving their position on whether to opt to tax or not.
Further Information
Should you require any further information please contact the Sole Selling Agents, with contact information in the brochure.
A residential development site, with a submitted application to develop up to 87 dwellings, with associated parking and landscaping. The scheme is to include an Affordable Housing contribution of 40%.
The site is situated in the popular village of Bury, located in between Huntingdon and Peterborough.
The Site
The site extends to approximately 8.9 acres (3.6017ha) and comprises two agricultural fields, divided by a tree-belt, situated to the southern side of Tunkers Lane, an unmade public highway, which will be improved as part of the wider development and provide the principle point of access to the scheme.
Location
Bury is a village situated 7 miles north/north east of Huntingdon, 14 miles south of Peterborough and close to Ramsey and St Ives.
The village has a population of c.1,838 (2011 Census). There is a Primary School and Convenience Store within a short distance of the site and Ramsey town centre, located just over a mile to the north of the site, provides further amenities, including a range of educational facilities, Supermarket, Post Office, Retail and
employment opportunities.
The site is situated south of Tunkers Lane, to the south of the village, just off Ramsey Road. The A141 lies to the south, which connects Wisbech to Huntingdon and in turn the A14, A1(M) and wider road networks.
The closest rail stations are situated in Huntingdon and Peterborough, both with frequent local and national services.
Planning
An Outline Planning application (Ref: 20/00863/out) has been submitted to Huntingdonshire District Council (hdc) for a “Proposed Residential
Development (of up to 87 dwellings) involving the provision of public open space, landscaping, means of access (including widening Tunkers Lane) and associated works”, a draft Section 106 has been agreed between the parties and the application is expected to be determined at the June 2021 Planning Committee.
We understand that the Affordable Housing shall equate to 40% of the Housing Development divided as a minimum 70:30 split in favour of Social Rent/Affordable Rent Tenure; the balance to be Shared Ownership dwellings.
Tenure
The Freehold interest is being sold by Informal Tender.
Price
Offers invited.
Information Pack
A microsite for additional information has been created, which includes Planning, Legal and Technical documentation and access details are available from the selling agent.
Tender
All tenders must be received by 12 noon on Wednesday 7th July 2021 and should be emailed to the agents, whose contact details can be found in the brochure. The Landowner reserve the right to not accept the highest, or indeed, any offer.
Timetable
• There will be several designated viewing days during the marketing period.
• Viewing by appointment only.
• Informal Tender Date: 12 noon Wednesday 7th July 2021
• Post-bid interviews to be held via Microsoft Teams w/c 12th July 2021
• Preferred Bidder confirmed and Heads of Terms agreed w/c 19th July 2021
• Exchange of Contracts w/c 6th September 2021
VAT
The vendor is reserving their position on whether to opt to tax or not.
Further Information
Should you require any further information please contact the Sole Selling Agents, with contact information in the brochure.
