Full Description

LOCATION
The site is located to the south west of the popular North Suffolk market town of Bungay on the edge of the picturesque Waveney Valley.

• Halesworth 7 miles
• Norwich 16 miles
• Stansted 85 miles
• Lowestoft 16 miles
• London 120 miles

Indirect train services to London from Halesworth and direct service from Diss (18 miles).

The site is situated approximately 1 mile to the south of the town centre, adjacent the Waveney Valley Swimming Pool and on the southern periphery of the town. To the west and south is currently arable land and to the east the A144.

OS GRID REFERENCE Eastings: 634585m Northings: 288466m.

DIRECTIONS
From Norwich travel along the A144 to Bungay. At the Market Place follow the one way system along Trinity Street and then turn left along Wharton Street. At the T-Junction with Lower Olland Street turn left and then along St Johns Road (A144). After a few minutes the Waveney Valley Swimming Pool will be on your right hand side. The development land adjoins.

From Halesworth in the south, take the A144 (Norwich Road). At the Sparrowhawk Road roundabout go straight over and travel for just under 7 miles. Just before the Bungay Town limits are reached the development will be on your left hand side.

DESCRIPTION
Outline planning permission has been obtained for a Commercial development illustrated on the planning site layout plan edged orange below with substantial commercial net floor space, associated external hardstanding’s, parking areas, infrastructure and open space.

The site extends to approximately 2.97ha (7.34 acres) or thereabouts as edged red on the particulars site plan.

Excluded from the sale (refer to site plan);
1. The land cross hatched green to the north scheduled for residential development.
2. The land cross hatched pink for employment starter units

ACCOMMODATION
PLANNING
Outline Planning Permission has been granted by Waveney District Council under reference DC/14/4193/OUT on 4th March 2016 subject to 26 conditions.
All matters are reserved under the Outline Planning Permission. The illustrations given on the site layout plans are not definitive as to the final development configuration and geometry.

SECTION 106 OBLIGATIONS
Under the Section 106 Agreement dated 11th May 2016 the following matters are brought to prospective purchaser’s attention. The seller will;
1. Discharge conditions associated with the residential development.
2. Undertake the obligations associated with the B1 starter units.
3. Covenant with the District Council to construct the employment land access road.

FLOOD RISK & DRAINAGE STRATEGY
A flood risk and surface water drainage assessment has been prepared dated October 2014 by Bidwell’s. This assessment incorporates a proposed development of 150 residential dwellings and an employment use and Starter B1 development with net area of circa 16,300sqm with associated external hard standings and parking areas.

The report demonstrates that the development site is located in flood zone 1 which is at low risk of flooding from all sources. The development will incorporate a sustainable surface water drainage strategy. The sellers will make land available off site for an attenuation pond.

SERVICES
A Utility Appraisal has been carried out as part of the original planning process by Bidwell’s. A copy of their report is available in the information pack. In summary;

i) Electricity: a new point of connection for the proposed development will be from the high voltage supply along Princes Road. It is envisaged that the 11KVA connection will be extended through the residential and B1 employment sites with multiple substations serving the development.

ii) Potable Water: existing supplies have been identified via a 6”PVC main in Ethel Mann Road and a further 4” PVC main in Thomas Bardwell Drive. Essex and Suffolk Water have indicated that these mains will provide for the proposed developments of residential and commercial uses subject to reinforcement work.

iii) Foul Water Drainage: The development will be served by the Bungay Water Recycling Centre which currently has capacity to serve the development. The foul sewage network has sufficient capacity to convey either the gravity flow or a pump discharge and the preferred connection point onto the public sewer network would be via an existing manhole located off the north eastern corner of the site. No reinforcement works are envisaged.

iv) Gas: There is an existing 250mm PE Low Pressure main off the north eastern boundary adjacent to St John’s Road. This pipework has sufficient capacity to serve the proposed development without reinforcement’s subject to demand.

v) Telecommunications: British Telecommunications PLC have confirmed that they are able to service the site and would enter into an agreement to share cost of the infrastructure with the developer.

TERMS
TENURE & POSSESSION
The Development Site is offered By Private Treaty with vacant possession on completion.

EASEMENTS & RIGHTS OF WAY
1. The property is to be sold subject to and with the benefit of all existing wayleaves, easements, quasi-easements, rights of way, covenants and restrictions whether mentioned in these particulars or not.
2. The Seller reserves any necessary easements and wayleaves under and over the subject land for the benefit of the retained land on title SK257457.
3. There are no public or private rights of way adversely affecting the property.

RESERVATIONS
1. The Seller reserves an access through to the land to the west.

VAT
Should any sale of the property or any rights attached to it become a chargeable supply for the purpose of VAT such tax shall be payable by the purchaser if levied by Customs & Excise in addition to any monies to be paid during the course of the sale. Currently the property is not registered for tax.

LEGAL COSTS
Each side will bear their own legal and surveyors costs in connection with the sale.

VIEWING
Prospective purchasers are asked to be vigilant when making their inspection. The land is currently in cultivation and actively worked.



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