FOR SALE – LONG LEASEHOLD RESIDENTIAL ......FOR SALE – LONG LEASEHOLD RESIDENTIAL DEVELOPMENT...

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www.birminghampropertyservices.co.uk FOR SALE – LONG LEASEHOLD RESIDENTIAL DEVELOPMENT OPPORTUNITY SITE FRONTING SERPENTINE ROAD, SELLY PARK, BIRMINGHAM. B29 7HU SUITABLE FOR RESIDENTIAL DEVELOPMENT (SUBJECT TO PLANNING PERMISSION) SITE AREA 1.1 ACRES (0.45 Hectares) Offers to be submitted on the attached offer form by noon on Friday 22nd March 2013.

Transcript of FOR SALE – LONG LEASEHOLD RESIDENTIAL ......FOR SALE – LONG LEASEHOLD RESIDENTIAL DEVELOPMENT...

Page 1: FOR SALE – LONG LEASEHOLD RESIDENTIAL ......FOR SALE – LONG LEASEHOLD RESIDENTIAL DEVELOPMENT OPPORTUNITY SITE FRONTING SERPENTINE ROAD, SELLY PARK, BIRMINGHAM. B29 7HU SUITABLE

www.birminghampropertyservices.co.uk

FOR SALE – LONG LEASEHOLD RESIDENTIAL DEVELOPMENT OPPORTUNITY SITE FRONTING SERPENTINE ROAD, SELLY PARK, BIRMINGHAM. B29 7HU

SUITABLE FOR RESIDENTIAL DEVELOPMENT (SUBJECT TO PLANNING PERMISSION) SITE AREA 1.1 ACRES (0.45 Hectares)

Offers to be submitted on the attached offer form by noon on Friday 22nd March 2013.

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Serpentine Road, Selly Park, Birmingham B29 7HU.

Location. The site is situated on Serpentine Road Road, Selly Park. Adjoining land uses are predominantly residential and the site lies in close proximity to Birmingham University, The Q.E Hospital and has good public transport links to the City Centre.

Description. The existing building on site is a former Parenting Assessment Centre and prior to that the building was a purpose built Elderly Persons Home. The property is set in substantial grounds. Total site area is approximately 0.45 hectares (1.1 acres)

Use/Planning The site is suitable for a number of uses to include residential redevelopment, subject to the relevant planning permission being obtained. The site is within The Selly Park Conservation Area, and protected by a Restrictive Covenant stating that each house must sit within at least one quarter of an acre. The lease will provide a specific condition to demolish the existing building and redevelop the site within an agreed period of time in accordance with a detailed planning consent and adhere to the existing restrictive covenant. Please refer to the Development Brief, this provides a comprehensive summary of the redevelopment potential for the site. (available via www.birminghampropertyservices.co.uk)

Services. All mains services are believed to be available. The Council has however made no enquiries or carried out any survey or checks of these within or adjacent the site. The Council offers no guarantee or warranty as to the condition of services or cost of any new connections that may be required for any redevelopment.

Tenure. A new 250 year lease. Birmingham City Council may consider the sale of the freehold once the site has been redeveloped.

Local Authority. Birmingham City Council.

Costs. The purchaser will on completion be liable to pay the Council’s sales fee amounting to 1% of the purchase price and the Council’s legal costs of 1% of the purchase price subject to a minimum of £10,000.

Offers. The offer conditions are set out in the attached ‘Invitation to Tender` (please use the envelope / label provided when submitting tenders). We are inviting conditional offers only; the successful purchaser will be required to exchange contracts within six weeks of the offer being accepted and to submit an appropriate and valid planning application within a further 28 days. The purchaser would immediately inform the vendor of any issues raised by the Council as a Planning Authority. Completion of the sale will take place within 28 days of planning consent becoming unchallengeable, subject to a longstop date of nine months from exchange.

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All offers should be submitted on the attached offer form in the envelope or with the label provided, by noon on Friday 22nd March 2013. Tenderers are asked to provide details of their proposed scheme and their funding arrangements together with any other additional details or information they consider being important or appropriate to assist in the consideration of their offer.

Conditions of Sale.

All offers and any subsequent negotiations are subject to contract. The acceptance of any offer will be subject to approval of the appropriate Council Authority.

Further enquiries should be made to :- Lucy Berry – telephone 0121 303 3777 / email: [email protected]

Rob King – telephone 0121 303 3928 / email: [email protected]

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Beechenhurst

Bourn House

44

4

42

74

46

48

54

SERPENTINE ROAD

Telephone

BO

UR

NB

RO

OK

RO

AD

(Home for Aged Women)

(Home for Aged Men and Women)

3

6

2a

2

6272

38

30

1447

69

5

6773

32

9

146

134

103a

132.7m

126.0m

107103

123.1m

13

11

1

2

7

3

1

SCALE DRAWN DATE

Paul Butler8 Serpentine RoadSelly Oak

Peter Jones BSc, MRICSDirector of PropertyBirmingham Property ServicesPO Box 16255Birmingham, B2 2WT

O.S.Ref. SP0582NW

DRAWING NO. 11682

AREA EDGED RED HECTARES APPROX. ACRES APPROX.

1:1,250

0.45 1.10

Produced by the Survey & Mapping Team, BPS, Corporate Resources Directorate, 10 Woodcock Street, Birmingham, B7 4BL Tel 303 3932. © Crown Copyright and database right 2012. Ordnance Survey 100021326. You are not permitted to copy, sub-licence, distribute or sell any of this data to third parties in any form.

02/01/2013

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Invitation To Tender Document (Site On Serpentine Road, Selly Park, Birmingham). 1

INVITATION TO TENDER

Site On Serpentine Road,

Selly Park, Birmingham.

B29 7HU.

CONTENTS

PART I-A CONDITIONAL TENDER STATEMENT

PART II TENDER CONDITIONS PART III INSTRUCTIONS FOR TENDERING

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Invitation To Tender Document (Site On Serpentine Road, Selly Park, Birmingham). 2

PART I-A

CONDITIONAL

TENDER STATEMENT

Name of Tenderer:

Company No: (if limited company)

Address for Correspondence:

Company’s Registered Address: (if different from above)

Details: Tenderer Principle point of contact

(if different from Tenderer)

Telephone number:

Facsimile number:

E-mail address:

Tenderer's Signature:

(see Section III, pt. 13)

Date:

Nature of Payment

When payment due Sum

Figures £ OFFER: A refundable deposit of 10% of the agreed offer is payable upon exchange of contracts.

The balance is payable upon completion.

Words

Figures £

Legal Costs

(1% of offer figure subject to a minimum of £10,000):

Payment liability becomes due exchange of contracts.

Words

Figures £

Surveyors Fees:

(1% of offer figure subject to minimum of £10,000):

Payment liability becomes due exchange of contracts.

Words

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Invitation To Tender Document (Site On Serpentine Road, Selly Park, Birmingham). 3

PART II

TENDER CONDITIONS

1. The Tenderer must submit their offer as a bona fide Tender that is not a fixed or

adjusted amount in accordance with any agreement or arrangement with any other person.

2. The Tenderer shall not communicate to a person other than the Birmingham City

Council or their Agent, the amount or approximate amount of the proposed Tender, except where necessary to obtain insurance premium quotations required for the preparation of the Tenders.

3. Tenderer to provide financial and company information when requested.

4. Tenderer to provide bank references when requested.

5. Tenderer to provide Solicitor’s details when requested.

6. Tenderer to provide details of Surety for the development including Registered Office

and Company No.

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PART III

INSTRUCTIONS FOR TENDERING

1. Birmingham City Council (“The Vendor”) invites Tender offers to be made conditionally (where planning consent is being obtained prior to completion of the purchase) for the leasehold interest in the site on Serpentine Road, Selly Park, Birmingham B29 7HU.

2. Tenderers are advised to ensure that they are fully familiar with the nature and

extent of the obligations to be accepted by them if their Tender is accepted. 3. Tenderers shall obtain for themselves at their own expense all information necessary

for the preparation of their Tenders. 4. If a Tenderer is in doubt as to the interpretation of any part of this Tender document

the Vendor or its Agent will endeavour to answer written enquiries prior to Tenders being submitted.

5. Tenderers should not rely on any information received other than that supplied by

the Vendor or its Agent in this Tender Document or other information in written form from the Authorised Officer or his nominated representatives. The Vendor will not accept responsibility for any information supplied.

6. The Tender Document is and shall remain the property of the Vendor. 7. Every Tender Statement received by the Vendor shall be deemed to have been

made subject to the Tender Document unless the Vendor shall previously have expressly agreed in writing to the contrary. The Vendor retains the right to invite or permit variations or alterations to the terms of the sale.

8. The Tender Statements shall be fully completed and signed by the Tenderer in

accordance with Clause 13 and submitted in the manner and by the date and time stated in Clause 14.

9. All information supplied by the Vendor or its agent in connection with this invitation to

tender will be regarded as confidential by the Tenderer (except that such information as is necessary may be disclosed for the purposes of obtaining quotations necessary for the preparation of the Tenders).

10. No employee or agent of the Vendor has the authority to vary or waive any part of

the Tender Document, other than the Authorised Officer or his nominated officer who shall only do so in writing.

11. Any Tenderer who directly or indirectly canvasses any member, agent or officer of

the Vendor concerning the award of the Contract will be disqualified. 12. The insertion of any conditions qualifying the Tender or any unauthorised alteration

to any of the Tender Documents shall not automatically affect the sale and may cause the Tender to be rejected.

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Invitation To Tender Document (Site On Serpentine Road, Selly Park, Birmingham). 5

13. All documents requiring a signature shall be signed:-

a. where the Tenderer is an individual, by that individual.

b. where the Tenderer is a partnership, by two duly authorised partners.

c. where the Tenderer is a company by two directors or by a director and the secretary of the Company, such persons being duly authorised for that purpose.

14. The tendering timetable is as follows:-

TENDERING TIMETABLE

12:00 Noon FRIDAY 22nd March 2013

Tender Statements must be delivered to Peter Jones, Director of Property, Birmingham Property Services, Corporate Resources Directorate, 10 Woodcock Street, PO Box 16255, Birmingham B2 2WT.

15. If submitting a conditional offer, the Tenderer shall submit adequate drawings where

relevant of the proposed development scheme (preferably to scale) showing the full site layout, plans and elevations.

16. All tender documents must be returned using the tender address label provided. 17. The Tender Statements once submitted and accepted by the Vendor cannot be

renegotiated. The amount offered will be assumed to have been submitted with the potential purchaser having full knowledge of the land, its condition, statutory requirements and planning status. It is recommended that independent professional advice be sought before offers are submitted.

18. The Tenderer must accept that if they fail to exchange contracts within six weeks of

the date on which the Vendor accepts the offer, then the acceptance shall be treated as withdrawn unless otherwise agreed by the Vendor in writing.

19. All offers and subsequent negotiations are subject to contract. The acceptance of

any offer will be subject to the approval of the appropriate Council authority. 20. If he Vendor accepts a conditional offer the successful purchaser will be required to

exchange contracts within six weeks of the offer being accepted and to submit an appropriate and valid planning application within a further 28 days. The purchaser will immediately inform the Vendor of any issues raised by the Council as Planning Authority. Completion of the sale will take place within 28 days of Planning Consent becoming unchallengeable, subject to a longstop period of nine months from exchange.

The Vendor may in exceptional circumstances at its own absolute discretion extend the closing date and time specified for the receipt of Tenders.

21. The Vendor is not bound to accept the highest Tender or any Tender received and

all Tenders and negotiations are subject to contract. 22. The Tenders will be evaluated on the financial offer submitted to ensure an

acceptable and deliverable transaction.

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OFFER FOR: SITE ON SEPENTINE ROAD, SELLY PARK, BIRMINGHAM B29 7HU.

REF: BPS/PDS/LB/ S5445

BIRMINGHAM PROPERTY SERVICES

CORPORATE RESOURCES DIRECTORATE 10 WOODCOCK STREET

P. O. BOX 16255 BIRMINGHAM

B2 2WT

OFFER FOR: SITE ON SEPENTINE ROAD, SELLY PARK, BIRMINGHAM B29 7HU.

REF: BPS/PDS/LB/ S5445

BIRMINGHAM PROPERTY SERVICES

10 WOODCOCK STREET

CORPORATE RESOURCES DIRECTORATE P. O. BOX 16255

BIRMINGHAM B2 2WT

Appropriate Postage Stamp To be

Affixed

To be delivered NOT LATER THAN NOON FRIDAY 22nd MARCH 2013

Appropriate Postage Stamp To be

Affixed

To be delivered NOT LATER THAN NOON FRIDAY 22nd MARCH 2013