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Land For Sale £750,000
80 Campkin Road, Cambridge


Description
An excellent opportunity to acquire a residential development site benefitting from full planning permission for a ground floor commercial unit with nine residential units on the upper floors in a sought-after location, close to Cambridge Science Park.

In Brief
• Full planning permission for flexible commercial use at ground floor with up to nine dwellings and
associated infrastructure.
• The site extends to approximately 0.1 hectares (0.26 acres).
• Sought after location in North Cambridge.
• Offers sought on an unconditional basis.

Location
The Site is located in Cambridge, a city renowned for its universities, history, and cultural appeal. It is one of the UK’s principal tourist locations for both domestic and international visitors. The city is recognised as one of the world’s leading science and technology business clusters with more than 4,500 knowledge intensive companies registered within 25 miles of the city. The Jenny Wren site is well situated just 0.6 miles from the Cambridge Science Park.

The Cambridge market is underpinned by a broad economic base that includes IT, life sciences, research, education, and service companies. The city attracts global employers such as AstraZeneca, ARM, Amazon, Microsoft, and Deloitte amongst others. The city also offers extensive shopping facilities with a wide range of recreational amenities including high quality restaurants and bars.

The site is positioned to the north of Cambridge. Situated in a prominent position on St. Kilda Avenue along Kings Hedges Road, a major route into Cambridge City Centre, well located for access to the A14 (Junction 33) and Cambridge North Station.

Cambridge North Station provides excellent connectivity with regular services to both Kings Cross and London Liverpool Street with journey times of 55 minutes and just over an hour, respectively.

Description
The site extends to approximately 0.1 hectares (0.26 acres) and currently comprises a brownfield site. The former Jenny Wren was demolished in 2019 and the site has now been cleared and levelled.

The site has been home to the Jenny Wren Pub since 1965 with its name a reference to a species of bird found on the island of St Kilda in Scotland. It formally closed in January 2017.

The site is bound by residential dwellings to the north and east along Campkin Road. St Kilda Avenue is located to the west adjacent to a selection of retail amenities. Redevelopment is taking place to the south, opposite the site. This is a development by Cambridge Investment Partnership (Hill and Cambridge City Council) which will deliver 75 new homes and a Community Centre.

Town and Country Planning
Full planning permission was granted on 27 July 2022. (Cambridge City Council Reference: 22/00278/FUL). Permission is granted for the erection of a 3-storey building with flexible use at ground floor containing Use Class E or a Sui Generis Pub or drinking establishment with nine residential units on the upper floors, along with landscaping, car and cycle parking and associated infrastructure.

A proposed site plan, and design and access statement were submitted as part of the full application. The detailed layout comprises 7 studio flats and 2 one-bedroom flats.

Outside, the scheme includes paved disabled and visitor parking spaces, a bin store, cycle storage and a communal garden area. The proposed development represents a small-scale development and as such there is no requirement for affordable housing provision.

CIL / Section 106 Contributions
The site benefits from no CIL or S106 obligations.

Information Pack
An Information Pack containing copies of planning, technical and legal documents relating to the site is available on request.

Interested parties will be deemed to have submitted proposals in the full knowledge of all documents within the Information Pack.

Tenure
The freehold of the site is offered for sale with vacant possession on completion.

Flood Risk and Drainage Strategy
A Flood Risk and Drainage Strategy confirms that the site is located in Flood Zone 1.

The surface water and foul water management strategies have been designed to ensure that the proposed development does not impact on existing properties and roads and where possible to mimic the existing drainage arrangements.

Services
Interested Parties must satisfy themselves as to the availability and adequacy of all services prior to making their offer.

Wayleaves, easements, covenants, and rights of way
The site is sold subject to all wayleaves, easements, covenants, and rights of way, whether or not disclosed.

Method of Sale
Offers in excess of £750,000 plus VAT are invited on an unconditional basis. The vendors do not undertake to accept the highest or indeed any offer. Prospective purchasers are directed to bidding guidelines in the data room for further information.

New Homes
Bidwells has evidence of new home sales in the locality and indicative sales values and a projected GDV contained in the online Information Pack. For specific queries with regards to resale values, please contact Rebecca Wilson on[use Contact Agent Button].

Viewings
Viewing is strictly by appointment. Interested parties must be accompanied on site at all times, as organised by prior appointment and in the presence of an employee of Bidwells or representatives of the Seller. Please contact Max Whittaker at Bidwells if you would like to register your interest and to view the site.

Parties should take due care for their own personal safety when inspecting the site.

VAT
We understand that the Seller is electing to opt the Property to tax, therefore VAT may be chargeable on the property at the prevailing rate.

Follow the link for more information:
        
onthemarket.com

  
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