Hambledon Road, Denmead PO7
Options | Promotional Agreements
A strategic land opportunity with potential for residential development (Subject to Planning) extending to approximately 1.231 ha (3.042 acres) at Hambledon Road, Denmead
Our clients own the land edged red on the enclosed plan, extending to approximately 1.231 ha (3.042 acres) which is considered developable. They are seeking a developer partner to promote the land with a view to achieving planning consent for residential development.
To date the promotion of the land has been undertaken by a submission to the Winchester City Council SHELAA as part of its plan making process.
It is now intended that the successful development partner will fully fund the promotion of the land moving forward.
This will be in return for either an Option to purchase or a Promotion agreement with a share in the net sale proceeds on the sale of the land for development on the open market, once a satisfactory planning permission has been obtained.
The property lies on the northern side of Hambledon Road on the edge of this well-regarded village. The land contains the owners house (Willow House) and a range of glasshouses and continues to be trading as a garden nursery.
The property is well screeded along its boundaries with mature trees and hedgerows. The site is level and benefits from an adequate road frontage onto a 30mph restricted highway which can facilitate the necessary lines of sight to serve a future development.
In the Winchester City Council SHELAA the site has been scored ‘Green’ so therefore is deemed to be deliverable/developable and suitable for inclusion in the SHELAA 2020.
The SHELAA Ref: No. is DE30 and a link to the webpage is below.
The Council in their assessment have not identified any environmental or historical constraints.
A density of 30DPH is shown in the SHELAA assessment providing a yield of 30 dwellings and Phasing of 0 - 5 years.
As the site is identified ‘Green’ in the SHELAA we consider that this provides a strong opportunity for further promotion.
Interested parties who wish to make an inspection of the land should make an appointment with the Agents.
A deadline for submitting offers will be advised in due course.
For further information or to discuss the opportunity.
Nicholas White – Nicholas.firstname.lastname@example.org / 07801 666 156 Or Leo Goodman-Jones – email@example.com / 07801 167 728