Land East Of Old Priory Lane

Warfield, Bracknell, RG42 6AN

4 Acres
For Sale
Development / Residential

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Residential development opportunity for sale with planning for up to 29 residential dwellings on a site measuring 1.6 hectares (4.0 acres)

Property Type Development / Residential
Tenure For Sale
Size 4 Acres
Energy Performance Rating Upon enquiry

Key Features

  • Development Land with Outline Planning Permission for 29 residential units
  • Freehold

Description

The site provides approximately 1.6 hectares (4.0 acres) of grassed land as shown shaded red on the attached Parcel Plan and marked Parcel 2.

A public bridleway, called Hedge Lane, runs east-west along the southernly boundary of the site, connecting Old Priory Lane and Maize Lane.

The site is bordered by residential development land in third party ownership at its eastern and southern boundaries and existing residential development at its western and northern boundaries.

Location

The site is situated 0.7 miles south-east of Warfield village centre in the county of Berkshire. Warfield benefits from excellent transport connections. Please note the approximate distances from the following notable settlements and transport networks:

- Bracknell – 1.5 miles
- Ascot – 4.8 miles
- Wokingham – 4.8 miles
- Reading – 13.5 miles
- London – 32.8 miles
- M4 Junction 10 – 6.0 miles
- M3 Junction 3 – 7.0 miles
- Bracknell Railway Station – 1.8 miles
- Heathrow Airport – 16.5 miles

Warfield has a population of 10,088 (UK Census Data 2011) and offers several local amenities including a farm shop, village hall, café, takeaway outlets, and a public house. In nearby Whitegrove, a residential suburb of Bracknell, there is a Tesco superstore which is located approximately 0.2 miles south-east of Warfield.

We would refer you to the location plan for further information.

Tenure

The property will be sold freehold with full vacant possession given on completion.

Planning Background

Bracknell Forest Council planning committee resolved on 12th November 2020 to grant planning permission for up to 305 residential dwellings (C3 use), a primary school (up to two forms of entry), public open space, landscaping, surface water drainage and associated engineering works. All matters are reserved except means of access with Maize Lane and Harvest Ride. The planning permission reference is 20/00214/OUT.

The subject site forms part of planning permission reference 20/00214/OUT and has capacity for up to 29 residential dwellings. 25% of those dwellings are to be provided for affordable housing.

Planning Contributions

The vendor has entered into an Infrastructure Collaboration Agreement with the joint applicants. The joint applicants are the adjoining landowners, whose land collectively makes up the application site granted planning permission under reference 20/00214/OUT. The Agreement sets out the principles of how key site infrastructure will be delivered; protocol for reserved matters applications; implementation of planning permission; payment of Section 106 contributions; and key points of interconnectivity of parcels.

The Section 106 Agreement applies to the wider application site and is therefore also binding to the joint applicants.

The Section 106 Agreement has been structured to enable the joint applicants to bring forward their parcels independently. The objective of this is to ensure that the subject site and other parcels can be delivered independently and in isolation, if required.

Schedule 6 of the Section 106 Agreement includes several site-wide obligations and financial contributions which are binding to all the joint applicants. These obligations and financial contributions are minimal and are addressed in the Infrastructure Collaboration Agreement.

Each parcel is subject to individual obligations and financial contributions, which must be addressed in accordance with the schedules outlined in the Section 106 Agreement. The Section 106 Agreement sets out the obligations and financial contributions which the subject site is bound to.

Access and Services

The access roads and utility services connections to the subject site will be delivered by the developer(s) of the adjoining land at no cost to the owner of the subject site.

Method of Sale

The site’s freehold interest is offered for sale by way of informal, non-binding tender, with the vendor reserving the right not to accept the highest or any offer and, also reserving the right to withdraw the property from sale or to vary the method of sale at any time without notice.

Written offers for the site’s freehold interest are invited.

For full details on the method of sale please refer to the sales particulars.

VAT

The site is not elected for VAT and VAT will not be payable on the purchase price.

Technical Information Pack

A copy of the Technical Information Pack is available to interested parties upon request.
The Information Pack includes:

Planning Decision Notice
S106 Agreement
Infrastructure Collaboration Agreement

Viewings

Viewings of the property are by appointment only. Please note that parties must not enter the property without our prior authority and any inspection of the property is at the prospective purchaser’s risk.

Enquiries

All enquiries should be directed to the vendor’s sole agent.