£35,000,000 Midhurst, West Sussex, GU29

Property picture of Midhurst, West Sussex, GU29

PRIME DEVELOPMENT SITE - FORMER KING EDWARD VII HOSPITAL

A site sold with the benefit of detailed planning consent for 263 apartments. A net internal area of approximately 26,898 sq m


An opportunity to purchase an important site in a superb location with good access to transport links and local amenities


Site area approximately 50.6 ha (125 acres)


Planning consent for 263 apartments


London - 54 miles


A3 - 10 miles


Haslemere Railway station 8 miles - journey time to London Waterloo approximately 52 minutes


Full information pack available on request


The site comprises a total of approximately 125 acres of which 50 acres are dedicated woodland to the west of the site and abutting the Site of Special Scientific Interest, 58 acres is mixed woodland, informal grassed areas and open car parking, the balance of approx 17 acres is formal gardens and the footprint of the existing buildings. The current buildings on the site provide hospital accommodation with a net internal area in excess of 37,161 sq m (400,000 sq ft). The original buildings were designed by Holden and the gardens created by Gertrude Jekyll. They are nationally important and reflect the grandest country homes of the early Edwardian period.


PROPOSAL


Lincoln Holdings Plc on behalf of Bridebridge Ltd, has worked closely with the local authority, local and national agencies and local groups to come forward with a scheme of redevelopment which insures the long term viability of the Grade II & Grade II* buildings and provides a quality of accommodation which is synonymous with the area.


Considerable care has been taken in ensuring that the planning permission obtained is practical and results in the creation of apartments which reflect the grandeur of the building and the aspirations of the potential residents. The site represents a rare opportunity to bring forward a scheme of the very highest quality achieving sales at a level which reflects those achieved on the most prestigious schemes in the South East of England.


The scale of the scheme also allows the developer to introduce levels of residential care and provision that are only available on the most selective estates and which would easily rival those provided in the best 5 star hotel.


The planning permission is for 263 new apartments associated parking access roads paths and landscaping together with exclusive leisure facilities and the retention of an existing C2 use building, of approxmately 26,898 sq m (288,263 sq ft).


The Planning Permission and Listed Building Consent which has been obtained is fully detailed, and addresses all issues relating to the environment, highways, ecology landscape management and sustainability. All other matters relating to the Section 106 obligations have been addressed and their implications incorporated within the scheme. Statutory services have all been fully investigated and a detailed schedule is contained within the information package identifying the principal services and the associated costs.


The site will be subject to a Section 106 Agreement.


Discussions with the council are well advanced and it is anticipated that commuted payments excluding Affordable Housing will amount to approx £725,000. Affordable Housing Provision comprises the Affordable housing units to be built on site which are to be gifted to a RSL plus a payment of approx £175,000. As part of the planning process all matters relating to the bio diversity, ecology and landscape management have been addressed, as have matters relating to site drainage.


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Average property prices in this area:
Detached: 
£340,575
Semi-detached: 
£198,312
Terraced: 
£174,486
Flat: 
£203,903

Easebourne, Chichester Reset Map

Disclaimer
Property reference srdl_CAN070420. Details provided and maintained by STRUTT & PARKER, Head Office. Countrylife.co.uk makes no warranty as to the accuracy or completeness of these details.


Property Features

  • 99 Bedrooms
  • Brownfield
  • Detailed Planning
  • Town/City Centre
  • Semi-urban
  • Available
  • Single Site

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