A freehold residential development opportunity
The site is located to the south of the city centre. Parkview Campus is located on the south side of Whitchurch Lane and adjacent to the Bridge Learning Campus and City of Bristol Gymnastic Centre. The immediate surroundings have seen significant investment in recent years and are now occupied by a variety of use classes including offices, a healthcare centre, a community hospital, light industrial units, Cineworld, schools and a mixture of residential. The Imperial Retail Park is also located nearby along with green spaces including Hengrove Park. The site is exceptionally well connected by road via the new Metrobus service to the city centre and the recently completed south Bristol link road. The property forms part of a larger site totalling approximately 10 acres (4.047 hectares). The remaining part of the site is undergoing conversion to residential use, which commenced in November 2018 and will be retained by the owner as a rental/affordable product.
The site extends to approximately 3.57 acres (1,445 ha) bounded by Hawkfield Way to the west, William Jessop Way to the east and Whitchurch Lane to the north. Block 1 & 2, which do not form part of the sale are currently being converted into residential apartments providing 467 units. The conversion of these blocks commenced in November 2018. The vendor will retain Blocks 1 & 2 for their own rental/affordable products The subject site, Block 3, comprises a vacant part three / part four storey B1 office building totalling a NIA of approximately 8,090 sq m (87,080 sq ft) excluding the lower ground floor, which contains the services for the building. The site also includes 192 car parking spaces and a bike store.
The total consented proposed residential accommodation comprises 162 private apartments providing an approximate NSA of 8,040 sq m (86,542 sq ft). The scheme provides for 44 x one bed and 118 x two bed apartments. A full accommodation schedule and floor plans are included within the dataroom.
The Local Authority is Bristol City Council. The buildings are not listed, nor do they fall within a conservation area. The site benefits from planning consent for 162 units via two planning consents.
Residential/mixed use development land: subject to planning
Hawke Ridge is situated to the north of Westbury, a thriving market town with a population of around 20,000. It is located 1.5 miles from the County town of Trowbridge, 15 miles from Bath and 17 miles from Bristol. The site is situated close to the major employment areas of West Wiltshire Trading Estate and White Horse Business Park, together supporting more than 5,000 employees. Westbury railway station, with trains to London Paddington taking c.1 hr 36 mins, is 1.3 miles from the site. The site is serviced by local bus routes that link to Bristol, Bath, Warminster and Salisbury.
The site extends to c.14.4 ha (35.6 acres) of agricultural land and is served by a new 4 arm roundabout and foul pumping station. A third party ownership and adopted lane effectively split the site down the middle and creates the opportunity for a phased development of part and the introduction of a wide range of separate uses. The site is not subject to any protected landscape (national or local) designations, or any ecological, flood risk or other restrictive designations other than a very small area of the site's periphery (0.38 ha (0.93 acres)) that lies within Flood Zones 2 and 3. The site has been extensively marketed for a number of years as a new business park. Despite a high profile marketing campaign, the current owners have been unsuccessful in attracting any occupiers despite having detailed planning permission and reserved matters for a range of building types.
The site will be disposed of by way of an informal tender, offers will be invited on an unconditional or promotional basis. If required, the vendors offer to provide ongoing assistance to the purchaser to verify the marketing history of the site. Offers should be submitted to firstname.lastname@example.org by 1pm on Friday 1 March 2019. Further information on the bids is attached in the brochure.
A data room with relevant technical, planning and legal information is available at: https://hawkeridge.live.jll.com For access please contact: email@example.com