Summary
Partially complete residential development opportunity benefiting from full planning permission for 61 units.
Location
Preston is the administrative centre of Lancashire and home of the University of Central Lancashire. The city is located on the West Coast Mainline and benefits from direct trains to London, Edinburgh and Glasgow as well as regional cities in the North of England. There are 3 trains per hour between Preston and London, the fastest journey time of which is 2 hours 12 minutes.
Whittingham Place is located just 4 miles north of Preston City Centre in the village of Broughton. There are three schools in Broughton within walking distance of the site namely; Broughton Pre-School, Broughton Church of England Primary School and Broughton High School.
The site is accessed via Whittingham Lane to the north. Land to the south and east the site is currently being development by Stuart Milne Homes whilst the M6 borders the western boundary.
Description
A partially completed residential development site of 61 houses located off Whittingham Lane, Broughton. The site was developed by Stonewell Property Company Limited. The houses were being marketed under the branding of Hollinwood Homes and the construction works were undertaken by Marcus Worthington & Co.
18 units have been completed and sold on a long leasehold basis with 43 units yet to be sold or completed. The remaining units comprise twelve different house styles to include:
| Type | Units | Average sq ft |
| 2 bed apartment | 6 | 650 |
| 2 bed townhouse | 2 | 743 |
| 3 bed bungalow | 2 | 1,060 |
| 3 bed townhouse | 11 | 936 |
| 4 bed townhouse | 8 | 1,125 |
| 4 bed detached house | 10 | 1,755 |
| 5 bed detached house | 4 | 2,483 |
| TOTAL | 43 | |
Construction Status
Boulton’s Harrison’s Ltd (Building Consultants) have undertaken a detailed analysis of the site in relation to construction progress, statutory compliance, warranty provision and cost to complete. This detailed report is available within the datasite although all parties are encouraged to make their own investigations. A breakdown of the schemes phasing is as follows:
| Phase | Units |
| Phase 1 - Sold | 18 |
| Phase 1 - Remaining | 6 |
| Phase 2 | 12 |
| Phase 3 | 11 |
| Phase 4 | 14 |
| TOTAL | 43 / 61 |
Planning
Consent for 61 no. houses and associated works (including access) was granted on 7th July 2016 under application number 06/2015/0816. Consent was granted subject to 26 conditions and a detailed overview of the status of these conditions can be found within our dedicated datasite.
Preston City Council were one of the first councils to adopt a local plan and therefore the site has a Community Infrastructure Levy (CIL). Interested parties are encouraged to make their own investigations regarding outstanding CIL payments and we shall endeavour to assist these enquiries where possible.
Datasite
We have a comprehensive datasite available and should you require access please contact George Oakey.
Offers and Expressions of Interest
We are inviting expressions of interest before formally requesting offers. Details regarding offer requirements will be circulated to those parties which expressed interest.