JLL are appointed by Network Rail to seek a development partner for the redevelopment of this residential opportunity at Beeston
The site is located in Beeston, Nottingham's largest suburban town and the site is just 0.5 miles from the main retail area in the centre. The town benefits from good access to the M1 motorway (Junction 25) which is reached via the A52, a dual carriageway arterial route out of Nottingham City Centre. Beeston has its own railway station, located next to the site and approximately 0.5 miles south of the town centre, which offers services to Nottingham, Derby, Lincoln, Leicester, Birmingham New Street and London St Pancras. The extension of the Nottingham Express Transit is now complete which runs through Beeston town centre.
The parcel of land extends to approximately 1.92 acres and is a rectangular shape which narrows in the north east corner of the plot. The site has been owned by Network Rail for a considerable period of time and they have identified that this site is no longer required as part of their operating portfolio. Their flexible strategy for disposal allows them to accept alternative arrangements to include unconditional, conditional and joint venture proposals.
A 53.75 acre major mixed-use development site in the Toton Strategic Location for Growth.
The site is located in the Broxtowe District of Nottinghamshire and is situated 1.4 miles from the M1 offering a direct north-south link through the Midlands. It provides good connectivity making Toton a location with access nationally and internationally by road, rail and air. Toton forms part of the Greater Nottingham urban area. It is situated 6 miles south west of Nottingham city centre, 20 miles north of Leicester and 9 miles east of Derby, making it centrally located to access the main cities in the East Midlands.
This parcel of land represents the opportunity to be a key driver in the delivery of a high quality mixed use development, incorporating residential, PRS, neighbourhood retail and office accommodation.
Residential Development Opportunity For Sale by Informal Tender
The site is located on the western side of Nottingham Road, Hucknall approximately 1.2 miles to the south of the town centre. To the west are allotment gardens and an established residential development. The eastern boundary comprises of the phase 1 development. To the north of the site there is established residential development along with a mature landscaped area, the south also consists of mature landscaped area but is bounded by the A611. Hucknall is situated 6 miles north of Nottingham and has excellent rail, tram and road links, with access to M1 J26 immediately to the southwest and J27 to the northeast. As a result of the connectivity, Hucknall supports a significant geographical catchment.
The first phase of development land was 5.06 Ha (12.50 acres). Bellway secured the necessary planning consent in November 2013 and are part way through delivering 141 homes. Alongside the new homes, site infrastructure has been provided to allow for the subsequent Phase 2 development to begin. Phase 2 of residential land comprises 6.68 Ha (16.5 acres). It is expected that the selected developer will secure necessary planning consent, implement the scheme and provide site infrastructure for any subsequent development. The target date for commencement for phase 2 is Q3 2018. The County Council will seek to agree with the chosen developer an appropriate mechanism to ensure that Phase 2 is delivered to an agreed specification and timetable. The vendor’s preference is for the phase 2 to continue the development principle from Phase 1 of lower density family housing. The County Council require a tendering process for each parcel of land which is brought forward, this is to ensure best value for the public purse. We can confirm each developer will be considered on their individual merit in relation to the phase which is offered and not on any historical connection to the development.
The site forms part of a larger area comprising some 11.8ha of land which is allocated for residential development in the adopted Ashfield Local Plan (2002). Bellway had an application granted in 2013 for Phase 1 which consisted of the proposed construction of 141 dwellings and public open Space together with associated parking, garaging, road and sewer Infrastructure works (V/2013/0409). The site previously benefited from a resolution to grant detailed permission (2006/0717) for 382 dwellings secured by Morris Homes on the entire site in late 2006. The application has subsequently been withdrawn. Link to Ashfield Planning Portal – http://goo.gl/q0Ekv3
1) Company information
3) Technical capability
4) Financial status
5) Scope of interest
6) Indicative scheme
7) Anticipated timescales
8) Design team (name, company and relevant experience)
9) Conditions attached to the bid
All bid submissions are to be evaluated by Nottinghamshire County Council and its Agents. A shortlist of parties will be identified and invited for interview in late March. Subsequently a phase 2 purchaser will be selected. Interested parties are advised to contact JLL for arrangements for site access and answers to any questions related to the opportunity.
A prime 100 acre commercial and technology park.
Infinity Park Derby is a prime 100 acre commercial park with Enterprise Zone status, situated just off junction 3 of the A50 to the south of Derby city centre. It is just a five minute drive to the M1, via J24 and a 45 minute drive to the M6. Port access, north and south, is easy via there arterial routes and East Midlands Airport is less than 30 minutes away. The site is situated next to the world headquarters of Rolls Royce Civil Aerospace and within 15 minutes of OEMs such as Toyota Manufacturing (UK), Bombardier and JCB.
Infrastructure works are shortly due to complete on the new link road between the A50 and Wilmore Road, opening up the development land with plots available from 10,000 sq.ft. – 1 million sq.ft. Outline consent has been granted for B1, B2, B8, available to start on site immediately, subject to contract and detailed planning consent. The first building on-site, the iHub is nearing completion, delivering a 45,000 sq.ft innovation centre.
Infinity Park Derby benefits from Enterprise Zone Status with a mixture of enhanced capital allowances, or business rates savings.Amenities
Infinity Park is located to the south of Derby with all the amenities the city has to offer within a short drive. It is intended that the iHub will provide on site cafe facilities which can be made available to occupiers.
Part of the development of Infinity Park will see the proposed delivery of retail, hotel and leisure provisions.Legal Costs
Each party to be responsible for their own legal costs.Planning
Outline planning consent has been granted for B1, B2 & B8 uses. Inifinity Park Derby benefits from Enterprise Zone status.Terms
The accommodation is available by way of a new lease or freehold sale.