The land hatched pink on the Sale Plan comprises a residential property at 241 Southampton Road and is not under the control of the vendor.
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- Esther Brown
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2 a b c to KINS CLOSE SM Trafalgar Wharf THE SITE Trafalgar Wharf is a functioning wharf and comprises a mixture of residential and commercial buildings of varying heights, forms and styles. Due to the contraction of large scale ship building and the impending obsolescence of the majority of the buildings at the wharf, the whole site has been brought forward for a modern mixed use development. Garage 48 EAST STREET HAMILTON ROAD Childrens Nursery SOUTHAMPTON ROAD ESS Trafalgar House Shelter Shelter ELG ESS Ppg Sta SM N NOT TO SCALE Shingle Shingle The site which is offered for sale comprises the residential element of the wider marine orientated development at Trafalgar Wharf which extends in total to approximately 14.1 acres (5.7 Ha). The residential element on offer comprises a 6.31 acres (2.55 Ha) parcel. El Sub Sta El Sub Sta ha 6.31ac Groyne Mud The commercial element of the scheme to the south is to be retained and redeveloped by the vendor; it has been designed so as to complement the residential element. Extensive boat storage and direct access to the Solent may be provided for purchasers of the residential units through The Drystack facility ( com) at the southern tip of the wharf. The lead tenant across the light industrial units will be Magma Global, who are recognised as a leader in British engineering and who manufacture carbon fibre sub-sea pipes in a process that is largely quiet and unobtrusive. The commercial uses to the south of the site will be of a complementary nature in order to enhance the place-making proposition of the entire Trafalgar Wharf redevelopment. ESS Works Garage Garage Castle Trading Estate ESS Gas Gov 2d 2e Garage Harbour House El Sub Sta 12 2 Tank (cov) Slipway Mud Mud Pier FB Trafalgar Wharf Mooring Posts SM 6 Caisson 16 Mud Mean Low Water Mud Mean High Water FB Mean High Water The land hatched pink on the Sale Plan comprises a residential property at 241 Southampton Road and is not under the control of the vendor. Tank Silos El Sub Sta 10 4 Caisson Portsmouth Harbour Factory El Sub Sta FB SM NOTE - Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. Crown copyright licence number Savills (UK) Limited NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. MCL: 21259/TRAF WHARF_BROC_DRAFT Pumping rb Date: 04/01/2016 Station The Cartographic & Design Team, Wessex House, Wimborne, Dorset. BH21 1PB Tel: (01202) Mean High Water Mud SM SM 2
3 Trafalgar Wharf NOTE:- Red line showing area offered for sale, for identification purposes only. THE OPPORTUNITY The location, scale and potential of this site create a significant opportunity to bring forward an exciting waterfront development next to the established Trafalgar Wharf Drystack marina in the popular residential suburb of. We are seeking Expressions of Interest for this freehold residential development site, owned by Amazon Investments. The site offered for sale makes up the northern part of Trafalgar Wharf and benefits from a resolution to grant Outline Planning Permission for up to 163 residential dwellings. The southern part of Trafalgar Wharf is to be retained and redeveloped as a marineorientated commercial operation. 3
4 Trafalgar Wharf NOTE: Indicative CGI showing Scott Brownrigg scheme. Red line showing area offered for sale, for identification purposes only. 4
5 Trafalgar Wharf PLANNING Outline Planning Permission A draft notice has been issued following a resolution to grant Outline Planning Permission made at Committee on 11th June 2014 under reference 13/00993/OUT for: A mixed use development of up to 163 no. dwellings in two, three and four storey buildings and one 10 no. storey building with associated landscaping areas and parking; a flood defence barrier; and construction of up to 18,094sqm of floorspace in buildings for use Class B2, B2 and/or B8 purposes, following the demolition of existing buildings with accesses from Hamilton Road The Outline scheme which benefits from the resolution to grant was designed by Scott-Brownrigg and incorporates 155 no. residential units. The Scott-Brownrigg scheme demonstrates the site capacity and layout which is achievable. Consideration will also be given to interested parties who wish to draw up their own scheme. PURCHASER OBLIGATIONS A draft section 106 agreement has been produced by Portsmouth City Council with an affordable housing requirement of 30% across the scheme. This has not yet been signed and a case exists to negotiate the level of affordable provision on viability grounds. The draft S106 also outlines the following contributions: Habitats Mitigation 24,424 SINC Contribution 9,200 Employment and Skills Monitoring Fee 5,000 Project Management Fee 4,500 A draft agreement has been produced by Portsmouth City Council (under S111 of the Local Government Act 1972) stating a required contribution towards coastal defence works of 3,075,000 (exclusive of VAT). This has not yet been signed. CIL has been adopted by Portsmouth City Council and is chargeable at a rate of 105 per sq m. DEMOLITION The buyer will be responsible for demolition and remediation of the residential site. CONTAMINATION An Assessment of Contamination Liabilities was carried out on the entire Trafalgar Wharf site in June The report identified potentially significant groundwater contamination and detected asbestos containing materials in a number of soil and sediment samples. The report recommended an allowance of between million for remedial works across the entire redevelopment site. More recently, in October 2015, Eastwood & Partners carried out a review of ground conditions on the portion of the site offered for sale. Their report recommends 12 remedial measures. Full details of these reports can be found within our data room. FLOODING Environment Agency flood maps show that most of the site is located within Flood Zone 3a. The S111 agreement accounts for provision of off-site flood defences. The purchaser will also be required to construct a flood wall along the site s eastern boundary with Portsmouth Harbour extending to a height of 4.5m AOD. A Flood Risk Assessment was carried out on the site in January 2013, it concludes that the development will be safe from flood risks during its lifetime given the proposed flood defences. Full details of this report can be found at our data room under the title EIA Appendix C1. BUSINESS RATES Property Sq Ft Sq M Rateable Value Hand Car Wash, 219 Southampton Road N/A N/A 19,250 Trafalgar House, 223 Southampton Road 15, ,500 Solent Grill, 249 Southampton Road ,500 Unit 2, East 6, ,000 Unit 2, West 1, 2, ,800 Unit 2, West 2 1, ,800 Unit 2, West 3 1, ,600 Unit 3, 3A&3B* 35, ,000 Unit 17 1, ,700 Unit ,600 Unit 21A 2, ,200 Unit ,900 *3A&3B are temporary buildings which Magma Global are due to remove when they vacate the premises 5
6 Trafalgar Wharf A32 A3 (M) FAREHAM M27 A3 HAVANT A27 A27 A27 PORTCHESTER A27 A32 GOSPROT PORTSEA PORTSMOUTH LOCATION is located on the south coast of England, approximately 75 miles to the south west of London and 16 miles east of Southampton. is a thriving suburb of Portsmouth with direct access to the Solent making it an attractive place to live and do business: Portsmouth s cultural offer includes award winning restaurants, the Spinnaker Tower, regular farmers markets and naval museums. Direct waterfront access to the Solent, an important recreational area for water sports with the Isle of Wight hosting the annual Cowes Week sailing regatta and Round the Island Race. Leading retail destination in the region with 90 premium outlets at Gunwharf Quays. Home to world-leading British marine industry, including the Landrover Ben Ainslie Racing America s Cup sailing team. SITUATION Trafalgar Wharf sits in the northern point of Portsmouth Harbour at, approximately 4.3 miles to the north west of Portsmouth city centre. The site has a direct water frontage with the foreshore at Portsmouth harbour to the east and sits immediately adjacent to Southampton Road (A27). Trafalgar Wharf has a prominent position directly across the water from Port Solent and at the entrance to from Portsmouth city centre. Within the Solent there are a wealth of unique and attractive destinations, many of which are easily accessible by boat from Trafalgar Wharf as illustrated on the page opposite. CONNECTIVITY Road The site sits just off the A27 which provides good local access to the surrounding districts, including Portsmouth City Centre which is approximately 4.3 miles to the south east. The site is served well by public transport with two bus stops located immediately to the north on Southampton Road. Junction 12 of the M27 is approximately 2 miles to the east of Trafalgar Wharf which links with the A3 and connects the South Coast with London. Rail Station is 0.5 miles to the north west and provides excellent train links to a wide range of destinations. Trains to London Waterloo leave 3 times an hour with a fastest journey time of 108 minutes. Air Southampton Airport is approximately 17 miles to the north west of Trafalgar Wharf and offers a range of international and domestic flights. 6
7 TOWARDS READING TOWARDS BOURNEMOUTH M3 TOWARDS GUILDFORD / LONDON 16 A3 M A27 TOWARDS BRIGHTON Port Solent 2 Porchester Castle 3 Gunwharf Quays 4 Chichester Harbour 12 NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed Travelling by train London Travelling by car London 1hr 40min 75.7m 1hr 36min Reading 65.7m 1hr 14min Guildford Southampton Chichester Gatwick Heathrow Southampton Airport 43.8m 48mins 18.5m 29mins 17.6m 25mins 62.5m 1hr 24min 64.7m 1hr 05min 18.2m 21mins 5 Bembridge 6 Priory Bay 7 Seaview 8 Ryde 9 Wooton Creek 10 Cowes 11 Newton Creek 12 Yarmouth 13 Lymington 14 Beaulieau 15 Hamble 16 Southampton 7
8 Trafalgar Wharf Gunwharf Quays library photo Spinnaker Tower library photo National Museum of the Royal Navy library photo Port Solent library photo Castle library photo 8
9 Trafalgar Wharf THE DRYSTACK The Drystack, which is located immediately to the south of the redevelopment at Trafalgar Wharf, is a unique valet boat storage facility. Over 200 boat owners use the unique facility which accommodates boats worth up to half a million pounds and 44ft in length. The Drystack stores boats within an indoor, weatherproof and secure environment and offers a valet service with incredible convenience. Two industry-leading Wiggins marine forklifts transport boats to and from the water with great care and precision whilst the convenient launching and valet fuelling service on offer allows boat owners to ring ahead of their arrival at the wharf and have their boat launched ready in advance. We are of the opinion that this onsite concierge serviced marina provides an exceptional opportunity to maximise residential sales values across the development. 9
10 NOTE: Indicative CGI showing Scott Brownrigg scheme. Red line showing area offered for sale, for identification purposes only.
11 Trafalgar Wharf EPCs Property Sq Ft Sq M Energy Efficiency Rating & EPC Band 1 Hamilton Road band D 3 Hamilton Road band D 5 Hamilton Road band D 7 Hamilton Road band D 9 Hamilton Road band D 11 Hamilton Road band D Trafalgar House, 223 Southampton Road TBC TBC TBC 225 Southampton Road band D 227 Southampton Road band D 229 Southampton Road band D 231 Southampton Road band D 233 Southampton Road band D 235 Southampton Road band D 237 Southampton Road band D 239 Southampton Road band D 243 Southampton Road band D 245 Southampton Road band D 247 Southampton Road band C OVERAGE An overage provision will be included in the sale of the Site to the benefit of the vendor should the affordable housing requirement be renegotiated. Details of this will be agreed jointly with the purchaser. Offers for the site should incorporate terms for this provision. DATA ROOM A data room is available at: which contains information relating to planning and technical matters on the site. Please register your interest with us so that access can be provided. MARKETING & SELECTION PROCESS Stage One: Expressions Of Interest (EOI) Expressions Of Interest are invited for the residential element of Trafalgar Wharf (as outlined on the Sale Plan) from parties with the development skills, experience, financial resources, commitment and ambition to deliver this redevelopment. In order to submit an EOI, the following information is required: Relevant track record which illustrates the necessary levels of capability and expertise working with high profile, urban mixeduse (residentially-led) schemes Evidence of financial status and company information Brief outline of proposals for the site including range of uses The deadline for Expressions Of Interest is 12 noon Thursday 11th February EOIs should be submitted to: Nick Grout Savills UK 2 Charlotte Place Southampton SO14 0TB ngrout@savills.com Stage Two: Formal Bids Parties who are successful at Stage 1 will be invited to submit a formal bid as part of the Stage 2 process. CONTACT DETAILS For further information please contact: Nick Grout ngrout@savills.com Ben Jones benjones@savills.com Colin Wilkins cwilkins@savills.com Solent Grill, 249 Southampton Road TBC 249a Southampton Road TBC TBC TBC VAT The seller has elected for VAT on the commercial elements of the site. 11
12 Important Notice Savills, their clients and any joint agents give notice that: 1. 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. 2. 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. Designed and Produced by Savills Marketing: January 2016
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