offers an opportunity to acquire a unique town centre ......london luton 47 miles heathrow 1 hour 30...

Falcon Quarter Offers an opportunity to acquire a unique town centre development in Huntingdon, Cambridgeshire

www.falconquarter.com

FALCON QUARTER HUNTINGDON

8.22 acres (3.3 hectares) town centre development site with detailed planning consent for 345 residential units

FOR SALE

20 minutesCAMBRIDGE

47 minutesCENTRAL LONDON

125 metRes HUNTINGDON STATION

AFFORDABLe HOUSING

100 metResHUNTINGDON HIGH STREET


Former A14 tobecome town centre link road

BusStation

HuntingdonTown Centre

High Street

High Street

TrainStation

HinchingbrookeHospital

A14 Sectionto be removed

GuidedBus Stop

Site Plan


Huntingdon This prime town centre development offers an exceptional opportunity to create a vibrant residential Quarter, with excellent transport connections providing direct access to London, Cambridge, Midlands and the North.

Falcon Quarter is located at Edison Bell Way and George Street, directly opposite Huntingdon mainline Railway Station and the Guided Busway to Cambridge. Immediately to the east of the development is Huntingdon Town Centre. To the west it is a short walk from Hinchingbrooke Hospital (8 mins), the exceptional Hinchingbrooke Secondary School (5 mins) and Cambridgeshire Constabulary and Fire and Rescue HQ (3 mins).

Strategically located within the heart of the South East, Huntingdon continues to expand benefiting from a general catchment of 170,000 people. Huntingdon has transformed as a consequence of major investment with the new A14 and the Town Centre redevelopment. It also has a strong retail base and the pedestrianised High Street supports a selection of national retailers together with a good range of local shops and restaurants.

Huntingdon is a major employment centre within the Region and has enjoyed rapid growth over the last 10 years with a further 8,000 new jobs being created. The economic growth plan for the Huntingdon area anticipates that by 2023, Huntingdonshire will be the fastest growing District in Cambridgeshire and one of the top 10 places to live, work and invest in England. This has recently been endorsed by the Mayor of Cambridgeshire & Peterborough confirming that Cambridgeshire County Council will be relocating their Headquarters to Alconbury, within a 10 minute drive from the site.

SITE LOCATION

HEADQUARTERED IN HUNTINGDON

pRIMECAMBRIDGESHIRE TOWN

INVERNESS

LONDON

HUNTINGDON

PETERBOROUGH

BRIGHTON

NEWCASTLE

YORK

EDINBURGH

ABERDEEN

GLASGOW

RAIL

Located within a minutes walk from Huntingdon Railway Station with direct trains to London Kings Cross on the East Coast mainline, which takes 47 minutes and run on an almost 24 hour basis. In addition, trains run directly to City Thameslink, London Bridge and Gatwick Airport. Huntingdon is also easily accessible to Peterborough, York, Newcastle and Edinburgh, and Brighton to the south via London.

EAST COASTMAINlINE

PETERBOROUGH

HUNTINGDON

YORk EDINBURGH NEWCASTlE

BRIGHTON

UPDATED A14

REMOVAL OF A14 SECTION

EXISTING ROAD

A1

HIG

HSTREET

50 METRES

TRANSPORT LINKS

HUNTINGDON

LONDON LUTON47 MILES

HEATHROW1 HOUR 30 MIN

EAST MIDLANDS1 HOUR

LONDON STANSTED45 MILES

LONDON GATWICK1 HOUR 52 MIN

AIR

60 TRAINS To LoNDoN DAILY

LONDON47 minutes16 minutes

lONDON

kINGS CROSS


½JOURNEY TIME FROM

HUNTINGDON TO CAMBRIDGE

HAlVED BY 2021

RoAds

Huntingdon is ideally situated only 1 mile from the A1/

A14 interchange, providing excellent north/south links

via the A1 and good links to the Midlands and the east

coast ports.

A £1.5 billion, 17 mile motorway bypass is under

construction to the south of Huntingdon. Due to open

in 2020, the bypass will remove the elevated A14 and its

long distance traffic from the town reducing the journey

time to Cambridge to around 20 minutes.

Further information on this upgrade can be found on:

www.highwaysengland.co.uk/projects/a14-cambridge-to-

huntingdon/

TRANSPORT LINKSUPDATED A14

REMOVAL OF A14 SECTION

EXISTING ROAD

A1

lONDON

80 min

utesHUNTIN

GDON

CAMBRIDGE

20 min

utes

MIlTON kEYNES

40 min

utes

PETERBOROUGH 20 minutes

Bus

By bus Huntingdon has direct services to Peterborough, St Neots, St Ives and Cambridge. Falcon Quarter also benefits from the dedicated Guided Busway stop which connects Huntingdon and Cambridge City Centre and railway station every 7 minutes.

eVeRY 7 minsHUNTINGDON-CAMBRIDGE

GUIDED BUSWAY STOPS HERE

HUNTINGDON STATION

HUNTINGDON TOWN CENTRE


CAMBRIDGE 125,000 residents - 20 mins

· World class University City

· The fastest growth rate of all British cities in Q1 2018

· Top city for Gross Value Added in 2018

· Projected fastest growing city economy over the next ten years

· Silicon Fen is home to 25 science parks, 1,500 companiesemploying 50,000 professionals

· The new Cambridge Bio-Campus which will be the biggestmedical science centre of its kind in the world

· Home to Silicon Fen which is booming tech and life sciencesectors in Cambridge, this sector is expanding 2.6 timesfaster then the rest of the economy

· Cambridge has been ranked as one of the top three‘innovation ecosystems’ in the world

· Arm Holdings, Sepura, Microsoft, Apple and Toshiba are anumber of multi national companies based in Cambridge

· The pharmaceutical giant AstraZeneca are makingCambridge its global headquarters bringing 2,000researchers to the area

PETERBOROUGH 185,000 residents - 20 mins

· A Cathedral city and one of theUK fastest growing cities

· Beneficiary of a £1 billionregeneration programme andbeing awarded Smart City 2015

· Gateway Peterborough is a 240acre site with permission forwarehousing and distributionpark

· Peterborough has become amajor distribution centre forAmazon, Ikea, Debenhams andLidl

· Home of Perkins Enginesmanufacturing 500,000 enginesper annum and employing 2,500skilled employees

· Some of the best physical anddigital connections in the country

MIlTON kEYNES 250,000 residents - 40 mins

· A bidder for European Capital ofCulture

· Has third highest level ofeconomic growth out of all citiesin 2018

· New world class technologyuniversity is to be built in CentralMK

· Over £1 billion of privateinvestment has been committedin the last decade

· Second fastest growing cityin the UK and Internationallyrecognised centre of prosperity,economic innovation andcultural creativity

LOCATION Regional Centres

siLiCOn Fen HI-TECH CLUSTER / BIOTECH,

SOfTwARE, I.T, ELECTRONICS

£ 1 BiLLiOnpETERBOROUGH

REGENERATION, INVESTMENT

DistRiButiOnLOGISTICS, TRANSpORTATION

peterborough

london

cambridgemilton keynes


Falcon QuarterThe scheme has detailed planning consent for 345 homes and offers an exciting opportunity for both traditional residential development and Build to Rent. The development has been carefully designed to appeal to a wide range of potential buyers including first time buyers, investors, families and downsizers.

TYPE QUANTITY TOTAL SQ FT

1 Bed Apartment 87 43,066


2 Bed House 1 851

3 Bed House 26 28,830

4 Bed House 44 59,817

TOTAL 345 260,545

87

187

26

44

TYPE QUANTITY TOTAL SQ FT



2 Bed House 1 851

3 Bed House 26 28,830

4 Bed House 44 59,817

TOTAL 345 260,545

87

187

26

44

The site has been granted two planning permissions: East Site 17/00733/FUL

· This permission is for 304 dwellings in a mix of houses and apartments including one-bedroom, two-bedroom, three-bedroom, four-bedroom homes, landscaping, open spaces,access, parking and associated works, this site is to the east of Edison Bell Way.

West Site 17/01950/FUL

· This permission is for 41 apartments including access, parking, landscaping and associatedworks, this application is to the west of Edison Bell Way and the site is in isolation to theabove application.

Neither planning permission has any onsite affordable housing

SECTION 106

The headline figures for the east and west site are as follows:

Section 106 Contributions £1,716,962

Affordable Housing Contributions £842,148

Community Infrastructure Levy (CIL) £3,537,000

TOTAL £6,096,110

Layout Plan

Residential development

apaRtments

Houses

West site

east site

FALCON QUARTER HUNTINGDONBuilding Styles

WEST SITE

EAST SITE

EAST SITE EAST SITE


The Opportunity...

Freehold sale

Offers are invited via Informal Tender for the whole site, but individual offers for either the East or West site will be considered The site for sale extends to 3.3 hectares (8.22 acres). The area identified to the east of Edison Bell Way is for 304 units - under application 17/00733/FUL. The area to the west is for 41 units and is under application 17/01950/FUL.

The owners will demolish and remediate the whole site pre completion

Build to Rent

The mix and number of units within the development and the strategic location of the site adjacent to the Railway Station and the Town Centre, means the development will appeal to the Build to Rent market.

ALL SUBMISSIONS SHOULD INCLUDE THE FOLLOWING INFORMATION:

• Detailsofanyconditionsattachedtoyouroffer

• AnticipatedtimeframeforExchangeandCompletion

• Confirmationofdepositamount/percentage

• Theidentityofthepurchaser,alongwithanyappropriate supporting information includingthe ultimate owner or parent company, structureand registered office

• Confirmationoffundingandanythirdpartyapprovals required

• Providedetailsofanyelementsofconditionalitywithin the proposal or any assumptions made

• Detailofinternalapprovalprocessrequiredtosanction the purchase

• Pleaseconfirmyouandyoursolicitorshavereviewed the documentation on the website(www.falconquarter.com)

• Providedetailsofthesolicitorswhowillbeacting on your behalf in this transaction

CLOSING DATE:

The deadline for offers is;

Thursday 15th November 2018.

Our client reserves the right not to accept the highest or any other offer received.


Further Information

Contact

TENURE

The site is for sale freehold with vacant possession.

COMPANY SALE

The property is to be sold by a company disposal - JCAM CREP XVIII Ltd, is an SPV and its sole asset is the property described in these particulars.

VIEWING

Viewings are strictly by appointment only.

Please contact the selling agent for further information on access.

FURTHER INFORMATION

For further information please register at

www.falconquarter.com

Freehold Sales Agent Build to Rent Enquiries

Charles alexander BSc (Hons) MRICS

Rapleys LLP / Surveyor Development Consultancy 07831 487420 [email protected]

Ben hayfron

Associate Director 020 7182 3473 [email protected]

angus IrvIne PGDip MSc MRICS

Rapleys LLP / Partner Head of Development Consultancy 07767 463884 [email protected]

alex davIs

Director 020 7182 2486 [email protected]

13Neither Rapleys, their joint agents (where applicable) or their client guarantees their accuracy and they are not intended to form any part of a contract. No person in the employment of Rapleys or their joint agents has authority to give any representation or warranty in respect of this property.Rapleys LLP is registered as a Limited Liability Partnership in England and Wales. Registration No: OC308311. Registered Office at Falcon Road, Hinchingbrooke Business Park, Huntingdon, PE29 6FG. Regulated by RICS. These particulars were produced in good faith and believed to be correct as of October 2018.

offers an opportunity to acquire a unique town centre ......london luton 47 miles heathrow 1 hour 30...

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