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■ Mixed Used Development Site with Short Term Income

■ Outline Planning for up to 300 dwellings, Industrial, Food Retail, Retail and D1 use

■ Approximately 21 acres (8.5 hectares)

■ For Sale as a whole or in lots

Royle Barn Road, Castleton, Rochdale, OL11 3DT

Mixed Use Development SiteFormer Woolworths Depot

On the instruction of the joint LPA Receivers and ADAPT Properties

NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100024244 Savills (L&P) Limited.

Not to scale

Not to scale

Location Rochdale is situated approximately 10 miles to the north east of Manchester city centre, 1 mile from the A627M which in turn links to junction 20 of the M62 motorway being less than 3 miles away.

The site is located in the suburb of Castleton to the south west of Rochdale Town Centre. The subject site is located adjacent to Castleton Railway station which provides for easy access to Manchester city centre in about 20 minutes.

Castleton provides for a range of retail facilities with further retail in Rochdale Town Centre.

DescriptionThe site is situated directly off Royle Barn Road in a mixed residential and industrial area. The subject site is the former Woolworths regional distribution centre being approximately 21 acres (8.5 hectares) with access directly off Royle Barn Road. The principle accommodation on the site currently includes 327,086 sq ft (30,387 sq m) of industrial accommodation comprising 3 bays of steel portal frame construction which is divided into a number of compartments all inter-connecting by sliding doors. To the north and west of the main warehousing there is a large concrete service yard which currently provides for external storage and parking.

The site is bounded to the south by the railway line, to the west by residential accommodation, to the north by Royle Barn Road and to the east by Gypsy Lane.

PlanningOutline Planning permission (Appl. No. 10/D53889) was granted on the 12th July 2012 for a mixed use development scheme comprising up to 300 dwellings, 6,500 sq m of commercial space, 3,716 sq m of retail and 1,394 sq m of health centre/crèche.

The Section 106 Agreement provides for the following:-

■ Transport Contribution of £30,000 for the purpose of providing improvements to the Transport Infrastructure at Castleton Railway station

■ On-site recreational open space shall be provided in accordance with the council’s open space policies

■ A financial contribution of £700,000 towards to the cost of works pursuing to the public square planning permission or some materially similar scheme that delivers a public square. This commuted sum will be payable by the developer of the retail land

■ Submit to the council for their approval of the public square agreement

■ There is no requirement for the provision of affordable housing on or off-site in respect of the existing outline planning consent

The public square planning permission (Ref. No. 11/D54059) referenced above was granted on the 15th March 2011 for the creation of a new public open space and development including A1, A2, A3, A4, A5, B1, D1 and D2 uses on and at Smalley Street and Station Approach, Castleton, Rochdale

LegalThe site is for sale predominately freehold and leasehold in part. The property is multi let on a variety of lease terms, currently generating an annual income of £364,121 per annum. A tenancy schedule is available on the data room website.

Landlord and mutual break clauses are operable from June quarter date 2013.

Technical Information A data room with technical information relating to the site has been set up. Interested parties should apply to the joint agents for the login details.

Method of SaleThe freehold and leasehold interest in the property is for sale by informal tender offers are sought for the site as a whole or in lots comprising the retail land, the residential land and the commercial land.

VAT VAT will be payable on the purchase of the site.

Viewing ArrangementsFor access to the site please do not hesitate to call one of the joint agents, Matthew Jones at Savills +44 (0) 1612 447 722 or Steve Barton at Barton Kendal +44 (0) 1706 353 794.

Indicative Land Use Layout

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, images 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.

Savills ManchesterBelvedere, 12 Booth StreetManchester, M2 4AW

Barton Kendal122 Yorkshire Street, RochdaleLancashire, OL16 1LA

Matthew Jones+44 (0) 1612 447 722mjones@savills.com

Steve Barton+44 (0) 1706 353 794steve@barton-kendal.co.uk