Western Harbour & Granton Harbour

Transcription

1 Significant Waterfront Development Opportunities Western Harbour & Granton Harbour Edinburgh savills.co.uk

2 Western Harbour & Granton Harbour Edinburgh On the instructions of the Joint Administrators of FM Homes Limited - In Administration (the Company) and FM Granton Limited In Administration (the Company). Waterfront Development Opportunities An opportunity to acquire two development sites with planning consent for 195 residential units (circa 165,400 sq ft) within Edinburgh s Waterfront. Available as a whole or in two lots. Savills Edinburgh Wemyss House, 8 Wemyss Place, Edinburgh, EH3 6DH edinburghdev@savills.com

3 Edinburgh Edinburgh is the capital of Scotland, with an estimated population of 476,660 as of The Edinburgh City Region is the UK's second largest financial centre after London, and Europe's fourth by equity assets. It has strong general insurance, corporate finance, broking and professional services sectors. Edinburgh is also a very desirable place to live as it is a compact, walkable city, with fantastic historical associations, extensive public transport links and a vibrant mix of retail and leisure uses. The wider region offers a wealth of beautiful scenery, beaches, golf courses and historical landmarks. There are extensive train and coach services linking Edinburgh with the rest of Scotland and the whole of the UK. In addition to this, Edinburgh benefits from its own international airport. The sites are situated within Edinburgh's Waterfront at Western Harbour and Granton Harbour. Edinburgh Waterfront The sites are situated within Edinburgh's Waterfront at Western Harbour and Granton Harbour. Western Harbour and Granton Harbour are situated in the north of Edinburgh, with a waterfront setting on the Firth of Forth. They were historically industrial areas and now form part of the Edinburgh Waterfront regeneration scheme. Regeneration is in a more advanced stage at Western Harbour, due to the higher number of completed developments, and has a larger range of established facilities, such as the well regarded Ocean Terminal shopping centre. Although Granton Harbour is at an earlier stage in the regeneration process but the subject site offers a great position within the proposed Masterplan. Transport links within the area are good; there is a range of bus services and the opening of the tram route will further enhance the public transport provision. Crown Copyright All rights reserved. Licence number

4 ANDREW WOOD COURT ANDREW WOOD Houses = 182 units Flats = 1337 units Affordable Housing = 434 units Commercial = 42,164m2 Ground Floor Retail = 5,686m2 (Comm./Public/Residential above indicated by striped effect) Public = 10,048m2 Public Open Space = 9.09 ha Amenity Space = 41,898m2 Disused Lighthouse COURT MAIN STREET Travel Inn Auchinleck's Brae PIER PLACE Next Generation Leisure Centre PARK ROAD Allocated Parking Spaces 10% Visitor Parking Spaces Affordable Housing Parking Spaces 15% Additional Parking Spaces Retail Parking Spaces Refuse Bin Stores Vehicular Entry to Basement Combined cycleway/footway GREAT MICHAEL SQUARE NEWHAVEN MAIN STREET WILLOWBANK ROW Split-level ground floor zone 12, m 2 HAVEN ANNFIELD ST MEWS L. A. P. SOUTH SQUARE su p e rm a r k et entrance ANNFIELD ST BUS STOP supermarket entrance possible turning head build-to-line FORTH MEWS PARK MEWS FORTH T a n k s MEWS NORTH SQUARE LIGHTHOUSE PLACE private service road (forth ports) PORT VIEW El Sub Sta Lot 1 Plot A1 Western Harbour Plot A1 forms part of the Western Harbour Masterplan by Forth Ports for about 3,000 residential units, 6,124 sq ft of retail space and 453,849 sq ft of commercial space over 40ha (100 acres). A number of developments within the Masterplan have been built out and sold. Access to further details and plans relating to the consents is available online at The City of Edinburgh Planning and Building Standards Portal - LEGEND Lot 1 is situated on the northern edge of Western Harbour, adjacent to FM Developments The Element development. East Breakwater The area is home to employers including the Scottish Executive and Telford College and is a growing neighbourhood, about three miles north of the City Centre. Located in close proximity to the subject site are a large David Lloyd gym, a 24hr Asda store and the Ocean Terminal shopping centre with a range of designer shops, restaurants, a Marks & Spencer store and a cinema complex. Description Lot 1 consists of a parcel of reclaimed land extending to about 1.33 acres (0.53 ha) and is sold with the benefit of vacant possession. The site is bounded to the north by the Firth of Forth, the west by FM s The Element development and south and east by vacant brownfield land which is yet to be developed. It is also located adjacent to Western Harbour s Lighthouse Park and Central Park as identified in the Masterplan. Planning The site benefits from Reserved Matters Consent (07/02645/REM) for the construction of 109 flats and 13 townhouses. The total developable sq ft of the consented scheme is about 98,720 sq ft. The proposed scheme forms a residential block development with five separate elements. Newhaven Harbour Westmost Close LAMBS COURT WESTER CLOSE FISHMARKET SQUARE GREAT MICHAEL CL HAVEN MEWS SCHOOL PLACE SCHOOL ROAD OCEAN DRIVE WEST BACK STREET West Breakwater F I R T H O F F O R T H Fishmarket Building NEWHAVEN ROAD NORTH OCEAN DRIVE WEST R1 Split-level ground floor zone Q NEWHAVEN PLACE 1A SCHOOL PLACE R2 (100 units) SCHOOL P2 P1 R3 (93 units) 1B SCHOOL LANE SOUTH PARK ROAD BACK STREET MEWS LANE P3 NEWHAVEN ROAD NORTH O2 BUS STOP HIGH STREET SOUTH TRAM STOP PARK GATE WESTERN HARBOUR PARK P4 S1 (50 units) 2A EAST PARK LANE OCEAN DRIVE EAST O1 bus stop ASDA supermarket service entrance S2 (134 units) public open space covered service area PARK DRIVE PARK ASDA housing 2B BOUNDARY ROAD build to line build to line WESTERN HARBOUR PARK N carpark entrance PARK ROAD M2 ASDA carpark A1 CRESCENT K2 A2 E2 HIGH STREET NORTH Chancelot Mill FORTH VIEW BRIDGE STREET M1 PARK MEWS G2 I2 PARK PLACE SOUTH K1 L2 NORTH PARK ROAD NEWHAVEN ROAD NORTH PARK PLACE NORTH MIDDLE PARK PLACE PARK MEWS L1 LIGHTHOUSE P A R K E1 I1 B1 G1 B2 J3 CROSS QUAY SOUTH HIGH STREET NORTH J1 QUAY LANE SOUTH J4 private service road (forth ports) FORTH VIEW LIGHTHOUSE ROAD H3 H1 MIDDLE QUAY J2 D2 SOUTH QUAY MEWS C LOCK VIEW F1 NORTH QUAY MEWS QUAY LANE NORTH H4 S O U T H Q U A Y N O R T H Q U A Y CROSS QUAY NORTH H2 D1 F3 F2 WESTERN HARBOUR Pier WHALE BRAE NEWHAVEN ROAD LINDSAY ROAD

5 Ocean Terminal Shopping Centre The Royal Yacht Britannia ASDA Supermarket Q by Barratt Homes Loch Fyne Restaurant Premier Inn David Lloyd Health Club Platinum Point by Gregor Shore Western Harbour by Bryant Homes The Element by FM Developments Subject Site

6 Lot 2 Plot 30 Granton Harbour Plot 30 forms part of the Granton Harbour Masterplan by Forth Ports for about 3,396 residential units, 99,315 sq ft of retail space and 76,555 sq ft of commercial space on a site of 33ha (81.5 acres). The site is located at the north-east corner of Granton Harbour, to the north of Granton Square, offering a waterfront setting. Located in close proximity to the subject site is a range of leisure facilities and supermarkets including Silverknowes Golf Course, Ainslie Park Leisure Centre and a Morrisons supermarket. The area is home to employers including Centrica and Telford College. Description Lot 2 consists of a flat parcel land extending to about 0.61 acres (0.25 ha) and is sold with the benefit of vacant possession. The site is bounded to the east by the Grade A listed structure of Granton Middle Pier, to the west is vacant land, to the south is the Anchor Development by Gregor Shore Ltd ( In Administration) and to the north is the Firth of Forth. Planning The site benefits from reserved matters consent (05/00228/REM) for the erection of 73 no flats with associated servicing, access and landscaping. Access to further details and plans relating to the consents is available online at The City of Edinburgh Planning and Building Standards Portal - portal:

7 Morrisons Supermarket Centrica HQ Upper Strand by Places for People Harbour Green by George Wimpey The Merlin by GSF Homes Subject Site The Anchor by Gregor Shore Corinthian Quay by Elphinstone

8 Method of Sale The subjects are offered for sale as a whole or in 2 lots, with vacant possession. Offers Offers must be submitted in Scottish legal terms to the Selling Agents. A closing date for offers may be fixed and prospective purchasers are advised to register their interest with the Selling Agents following inspection. Any offer should be accompanied by a letter detailing that sufficient funds are available for a purchase. Purchase price Within 7 days of the conclusion of Missives a deposit of 10% of the purchase price shall be paid. The deposit will be non-returnable in the event of the Purchaser(s) failing to complete the sale for reasons non attributable to the Seller or his agents. Boundaries The purchaser should be deemed to have full knowledge of all boundaries, and neither the Vendor not the Vendor s Agents will be responsible for defining the boundaries or ownership thereof. Plans, Areas and Schedules These are based on the Ordnance Survey, and are for reference only. They have been checked and computed by the Vendor s Agent and, by submitting an offer for the subjects at the closing date the purchaser shall be deemed to have satisfied themselves as to the description of the property. Any error or mistake, in the plans or schedules attached to these particulars shall not annul the sale nor entitle either part to compensation in respect thereof. For further information please contact: Selling Agent: Savills, Wemyss House, 8 Wemyss Place, Edinburgh, EH3 6DH Aaron Napier Gemma Watt Tel: Tel: Fax: gwatt@savills.com anapier@savills.com Solicitor : Alan Hughes Dundas & Wilson, 191 West George Street, Glasgow, G2 2LD Tel: Fax: Local Authority City Development Planning City of Edinburgh Council, Waverley Court, 4 East Market Street, EDINBURGH, EH8 8BG Tel: planning@edinburgh.gov.uk Viewing Strictly by appointment with Savills. Important Notice Savills, their clients and any joint agents give notice that: 1.The site is offered for sale as seen with no warranties or undertakings from the Joint Administrators or Group. The Joint Administrators act as agents of the Group without personal liability. 2.They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 3. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.