Hitchin Cricket Club and Blueharts Hockey Club, Lucas Lane, Hitchin, SG5 2JA

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1 Freehold Development Opportunity For Sale Hitchin Cricket Club and Blueharts Hockey Club, Lucas Lane, Hitchin, SG5 2JA Residential Development Opportunity with outline planning permission in an established residential location on the outskirts of Hitchin. 27 Residential Units hectares (3.5 acres) BNP Paribas Real Estate Head office, 5 Aldermanbury Square, London EC2V 7BP Tel: +44 (0) Fax: +44 (0)

2 BACKGROUND We are pleased to offer on behalf of Hitchin Town Cricket Ground Ltd (HTGC) land, which benefits from an outline planning application for 27 dwellings. The site is located in a predominantly residential area on the outskirts of Hitchin. HTGC are disposing of the land to fund the provision of new sports facilities on site. The purchaser will be required to enter into a development agreement to re-provide the sporting facilities set out in Club s detailed planning permission to provide an artificial grass pitch with 8 x 15m floodlight columns, replacement clubhouse, score box/implement shed with changing facilities, widened access from Gaping Lane and provision of additional parking. LOCATION The 1.42 hectare (3.5 acre) site is located on the western edge of Hitchin and is accessed from Lucas Lane. It is within the jurisdiction of North Hertfordshire District Council. Directly north and north-west of the site lies open fields which are designated as green belt land. Oughton Close Park is located adjacent to the north-east corner of the Site and beyond this lies a predominantly two storey residential area. The eastern boundary to the site is formed by Lucas Lane, beyond which is a large residential area extending towards Hitchin town centre. To the south of the site is the Symonds House Care Home and to the west is the existing cricket pitch and clubhouse with farmland beyond. Hitchin is approximately 3 miles south west of Letchworth Garden City and 7 miles north east of Luton. London lies approximately 38 miles to the south. Hitchin is well connected in terms of transport links with Junction 10 of the M1 located 9 miles away; Junction 8 of the A1 is 3 miles to the south east. Hitchin also benefits from a direct train link to London King s Cross with a range of journey times from minutes.

3 DESCRIPTION The application site comprises the existing Blueharts Hockey Club and Hitchin Cricket Club site located on the west side of Lucas Lane. The application site includes the existing club house/pavilion building and associated car park, a grassed pitch to the west of the car park (formerly used for hockey) and a larger grassed pitch located between the pavilion and Lucas Lane (the subject site). The planning application is split into two proposals Development A (edged red) and Development B (edged yellow). Development A is the outline application for the erection of 27 dwellings with access from Lucas Lane. Development B has a full planning application for the provision of an all-weather sports pitch along with a new club house/ changing room and score board. HTCG are selling their interest in Development A to fund Development B. The site sits between Lucas Lane and the Cricket Pavilion and is rectangular in shape extending to 1.42 hectares (3.5 acres). The majority of the site is open, flat, green space; bordered mostly hedges. Residential properties border on the eastern side of the Site extending towards Hitchin Town Centre and are accessed by Lucas Lane. The residential properties being so close, allow the function of the proposed development as a sports facility to bring a real sense of place to the community through the redevelopment of the clubhouse and the increase in social events and team matches at the artificial grass hockey pitch to be provided on site. Lucas Lane is classified as a Byway Open to All Traffic (ref: Hitchin BOAT 7). The Lane runs in a north south direction between Redhill Road and Grays Lane. It is maintained by Hertfordshire County Council as the local highway authority. Vehicular and pedestrian access to the existing site is via an unmade track approximately 4m in width located at the junction of Gaping Lane and Lucas Lane. TOWN PLANNING The site is located within the jurisdiction of North Hertfordshire District Council ( NHDC ). The site falls within the Green Belt, although a review of the Green Belt recently undertaken by NHDC has recommended that this site, along with a number of other sites, is released from the Green Belt in order to accommodate housing growth within the district. In recent years the site has been promoted for residential development. It was first identified in the Core Strategy Preferred Option Paper (2007) as a part of an area with potential for limited housing growth on the west side of Hitchin. In January 2008 Land Allocation Issues and Options Paper identified the site as a potential housing site with a dwelling capacity of 27 units. The Strategic Land Availability Assessment (December 2012) assessed 130 non-strategic sites against the tests of suitability, availability and achievability. Of the 130 sites assessed 96 passed all 3 tests, including the application site. The Housing Options Growth Levels and Location consultation Paper (February 2013) again identifies the site for housing, revising the dwelling estimate as 26 and ranking the site as only one of two priority 2 sites in Hitchin. The Strategic Land Availability Assessment 2014, continues to list the application site as housing site and allocates is a new draft local plan reference (HT4).

4 The Draft Local Plan Preferred Options Consultation Paper (December 2014) identified the application site (HT4) as one of nine Hitchin sites expected to deliver 770 dwellings over the plan period of In August 2015, North Hertfordshire District Council resolved to grant planning permission linked to planning reference number: 15/00192/1 for the following development: Development A) Outline application for erection of 27 dwellings with access from Lucas Lane - details of scale, layout, design and landscaping are reserved; The Design and Access statement indicates that the scheme comprises 27 family homes (20 x three bedroom semi-detached dwellings and 7 x four bedroom dwellings). The layout drawing shows an internal access road of 5m in width with footpaths either side and northern and southern turning areas. Dwellings are sited facing the access road with rear gardens of approximately 10m in depth. The existing boundary hedges are to be retained and reinforced. Vehicular access will be direct from Lucas Lane at its junction with Lavender Way. Indicative elevations are also shown for the two house types showing a relatively contemporary design with shallow pitched roofs. The scale of the dwellings is indicated at 1.5 stories with the first floor accommodation provided within the roof/eaves space.

5 Development B) Full planning application for the provision of all-weather sports pitch with 8 x 15m floodlight columns, replacement clubhouse, scorebox/implement shed with changing facilities, widened access from Gaping Lane and provision of additional parking. The 31 planning conditions and two informatives linked to ecology and highways are detailed in the Information Pack. SECTION 106 FINANCIAL CONTRIBUTIONS HTCG have entered into a Section 106 agreement dated 17 March 2016 which include the following key financial contributions: Site /specific Costs Cost ( ) Primary Education Contributions 78,805 Secondary Education Contributions 93,466 Waste Collection and Recycling Facilities 1,917 Replacement Sports Pitches Lost At Lucas Lane 82,760 Traffic Regulation Order 4,000 Affordable Housing Contribution 167, Total 428, Please note that there is no requirement for any physical provision of affordable housing on site. Further to the Section 106 cost the purchaser will have to submit an onsite surface water drainage scheme which is acceptable to the LLFA and the Local Planning Authority. The water drainage scheme will be for the whole of the Blueharts Hockey Club and Hitchin Cricket Club site. A Construction Traffic Management Plan (CTMP) must be submitted before development can commence on site. Full details of a construction phasing and environmental management programme would also need to be submitted. Furthermore there are a few more conditions that must be satisfied which are explained in detail in the Planning Committee Report. We have highlighted the main conditions that would need to be satisfied. SPORTS FACILITIES SPECIFICATION The club has put together a high level specification for the proposed new reprovision of sports facilities which is available in the information pack. During the 6 week marketing campaign the club will continue to fine tune their specification and once bids have been received they will enter into dialogue with a selected purchaser to finalise the specification as part of the terms of the development agreement.

6 TITLE The site edged in red on the attached Ordnance Survey extract is being offered on a freehold basis with vacant possession. The site forms part of a wider title (Title number HD365374). The property is held freehold by Hitchin Town Cricket Ground Ltd. Further title information, will be made available to the selected purchaser. SERVICES It is understood that mains water, electricity, and drainage are connected to the property, although it will be the responsibility of the purchaser to ensure they are available and adequate for any future use of the property. BNP Paribas Real Estate has not tested any of the service installations and provides no warranties as to their condition. METHOD OF SALE The Club will transfer its title to the Residential Property (being the part of the site with residential planning permission) to the Developer on completion of the Development Agreement.. The Developer will pay the purchase price to the Club on completion of the transfer of the title to the Residential Property, less the cost of the Sports Facility Development works which will be placed into an escrow account. The Developer will be under an obligation to commence the Sports Facility Development Works within 12 weeks of completion of the Development Agreement and will be able to draw down from the escrow account on a monthly basis, via valuations to be undertaken by the Club s project monitor, As part of the Development Agreement, the Developer will be provided with rights to enter onto the site retained by the Club, in order to deliver its obligations and provide the Sports Facility Development Works. Best offers are invited via informal tender for the Freehold interest in the property. Offers are sought on a unconditional basis. Offers must be submitted in a plain envelope marked Hitchin Cricket Club July 2016 and addressed to: Howard Williams BNP Paribas Real Estate 5 Aldermanbury Square London EC2A 7BP Offers are to be received in hard copy format only, including a copy of the Bid Form, by no later than 12 noon on Thursday 14 July The vendor does not undertake to accept the highest or any offer submitted. Offers submitted by an agent must be accompanied by a letter from the principal outlining the basis of the offer made. Prospective purchasers will be required to provide financial evidence of their ability to complete the purchase. Prospective purchasers are required to complete the bid pro-forma available to download from the marketing website: (

7 FURTHER INFORMATION An Information Pack is available on request via the dedicated Property website CONTACT DETAILS Accompanied viewings will be conducted by the vendor s sole agents, BNP Paribas Real Estate, on selected dates. For further information please contact: Howard Williams Andy Fraser Emma Wood howard.williams@bnpparibas.com andrew.fraser@bnpparibas.com emma.l.wood@bnpparibas.com Particulars compiled June 2016 Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. January 2016.

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