For SaleResidential Development Opportunity

Offers by Informal TenderFormer Meacham Day Care Centre, Stratford Road, Wolverton,

Milton Keynes

On the instructions of

0.15 Ha (0.37 Acres)•Outline planning permission granted for up to6 dwellings

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Unconditional bids invited•Tender closing date: Wednesday 30 May 20181600hrs

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Lambert Smith HamptonMidsummer Court, 314 Midsummer Boulevard,Milton Keynes, MK9 2UB T +44 (0)1908 604630

Former Meacham Day Care Centre, Stratford Road, Wolverton,Milton Keynes

Location

The site is located approx. 3 miles north east of CentralMilton Keynes and approx. 0.5 miles from WolvertonTown Centre, accessible via Stratford Road and GreatMonk Street (V5) which enables access the A5.

Milton Keynes is strategically located midway betweenLondon and the Midlands with immediate access to theM1 at both junctions 13 and 14. London is approx. 50miles to the south and Birmingham 60 miles to thenorth. The M6, M25 and M40 motorways are all withineasy reach. The town is served by the main West Coastrailway line with a journey time to London of approx. 30minutes.

Description

The site comprises of 0.15 hectares of primarily levelgrassland and scrub / former day care centrefoundations, rectangular in shape. There is existingwooden fencing to the north, east and west boundariesand an existing hedgerow to the south boundary.

In close vicinity to the site is The Radcliffe School andWolverton Swimming and Fitness Centre. Surroundinguses comprise two storey residential properties located tothe north and west and to the southeast. An area ofpublic open space is located directly to the west of thesite. There are commercial premises to the east includinga hand car wash, petrol filling station and tyre fitters.

Legal Costs

Each party to be responsible for their own legal costsincurred in any transaction.

The purchaser may be liable for any stamp duty and taxthat may fall as a result of a sale.

Objective

This is an opportunity to develop up to 6 new homes.The site is being offered on the open market in a singlephase, with bids being invited on an unconditional basis.

Town Planning

The site is allocated as housing (under policies H7, C1,CS21, PO4) within the Milton Keynes Local Plan andrecent outline planning permission has been granted.

Development of the site is to be entirely residential. Weunderstand there is no requirement to provide‘affordable housing’ on the site unless overall residentialnumbers exceed the Council’s 15 unit threshold.

The selected Development Partner will be expected tocomply with the standard set out by Milton KeynesCouncil as expressed through the Milton Keynes LocalPlan (Adopted December 2005), and consistent withSupplementary Planning Guidance documents.

Offers

Interested parties are invited to submit unconditionaloffers by way of an informal tender.

Final bids must be received by Lambert Smith Hampton,Milton Keynes Office by Wednesday 30 May 201816.00hrs.

Information Pack

Homes England has prepared a DevelopmentOpportunities Brief for this site which is intended toprovide guidance to developers and their teams inpreparing their bids.

The Brief also provides information on the site, itscontext and planning history together with guidance onthe design and development principles that MiltonKeynes Council is expected to require. The Brief includesrequirements for the submission of bids and sets out theprocess and evaluation criteria for bids. Please use thebelow contact details to request this Brief.

Viewing and Further InformationFurther information is available by contacting the soleagents:

Luke BarberLambert Smith Hampton01908 787502lbarber@lsh.co.uk

Former Meacham Day Care Centre, Stratford Road, Wolverton,Milton Keynes

Location Map

Image Copyright reproduced by Lambert Smith Hampton

Location Plan

Image Copyright reproduced by Lambert Smith Hampton

© Lambert Smith HamptonDisclaimer: Lambert Smith Hampton Group Limited and its subsidiaries and their joint agents if any (“LSH”) for themselves and for the seller or landlord of the property whose agents they are give notice that:(i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an offer

or contract.(ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory

or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property.

(iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all.

(iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position.(v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising

from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH.(vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities,

infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.

Former Meacham Day Care Centre, Stratford Road, Wolverton,Milton Keynes

Site Plan

Image Copyright reproduced by Lambert Smith Hampton

March 2018