savills.co.uk

■ Residential development opportunity on the edge of Milcombe, Oxfordshire;

■ Resolution to grant outline planning permission subject to signing of a Section 106 agreement for the erection of 40 dwellings;

■ Site extends to circa 3.53 acres (1.43 ha);

■ Unconditional offers invited by Friday 24th June 2016.

Residential Development OpportunityLand at Oak Farm, Milcombe, Oxfordshire, OX15 4RSFreehold sale

\\Oxford03\urban design\URBAN DESIGN\UD Projects\Aplins\Milcombe\Graphics\Milcombe A3 sheets.indd. 15/02/16.

Note:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Offi ce Crown copyright licence number 100024244 Savills (L&P) Limited. Published for the purposes of identifi cation only and although believed to be correct accuracy is not guaranteed. Contains Environment Agency information © Environment Agency and database right.

Land North of Bloxham Road, Milcombeon behalf of Trustees of the J W Tustian Deceased Estate c/o Aplins

Illustrative masterplandrawing

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Streets/ footpaths

2 storey house

Car barns/ garages

Private rear gardens

Public open space

Attenuation feature

OXPL 339170

15 February 2016

Proposed and existing vegetation

Description Area (ha)

residential 1.01

multi-functional open space 0.30

strategic infrastructure 0.12

Total site area 1.43

LAND USE BUDGET

Not to scale

LocationMilcombe is a village in Cherwell District with a population of circa 630 inhabitants (2011 Census). The village lies approximately 5 miles (8km) to the south west of Banbury and 22 miles (32 km) to the north west of Oxford.

The nearest train station is situated at Banbury which provides journey times to Oxford from 17 minutes, London Marylebone from 58 minutes and Birmingham New Street from 46 minutes respectively.

Site descriptionThe site, extends to approximately 3.53 acres (1.43 ha) and currently comprises of rough grassland which was formerly part of the original landholding of Oak Farm.

Vehicular and pedestrian access will be taken from Oak Farm Drive over which the landowner of the subject site has a right to cross and extend.

Proposed development The site benefits from a resolution to grant outline planning permission subject to signing of the Section 106 agreement. The application includes the erection of 40 dwellings (15/02068/OUT).

Means of access is the only matter submitted for approval at this stage with all other matters to include landscape, appearance, layout and scale reserved for subsequent approval.

An illustrative master plan accompanied the application which shows how 40 dwellings could be incorporated within the red line boundary. The plan set out an indicative mix of 2, 3, 4 and 5 bedroom houses with provision of 35% affordable dwellings.

The consent contains a number of conditions relating to matters including pedestrian access, landscaping and treatment and timescales. Please be aware that Condition 2 of the Committee report of 17th March 2016, makes reference to a requirement of reserved matters applications to be made no later than one year from the date of the planning permission.

ServicesDetails of services are available as part of the information pack. Interested parties are advised to make their own enquiries to the supply companies with respect to their specific requirements and ability to connect and confirmation of sufficient capacities.

LegalThe landholding is owned freehold under title ON291050. Copies of the relevant title extract and accompanying plans are provided as part of the information pack.

Method of saleOffers are invited from interested parties by Friday 24th June 2016. Please note that the Vendor is not obligated to accept the highest or any other offer.

In order that we are able to accurately appraise all offers on a like for like basis, please provide the following information in support of your bid:

■ Details of your proposal for the site, including proposed site layout plan and accompanying schedule of accommodation;

■ Confirmation of any conditions attached to the offer, and the anticipated timescales for satisfying the conditions;

■ Details of any further information required or investigations to be carried out prior to exchange, including anticipated timescales for carrying out proposed works;

■ Specify any proposed uplift of overage provision contained within your offer;

■ Specify any assumptions made in relation to anticipated abnormal development costs associated with:

- Ground investigations;

- Provision of infrastructure/ services;

- Any other anticipated abnormal costs;

■ Confirmation of your anticipated timescales for exchange and completion of contracts;

■ Provide details of how you propose to fund the purchase as well as confirmation that your bid has received full board approval, or equivalent, and if not, the process, and anticipated timescales required to obtain approval;

■ Provision of an affordable housing offer;

Holly C

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Rye House

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The Old Chapel

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Westview

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Little Heritage

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Slade

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Arnsby

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Heath Villa

Cottage

Hill View

Council

Farnell Fields

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Jasmine

24

Houses

Issues

Tanglewood

Cottage

20

18

7

Horse

Pump

135.3m

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Redford H

ouse

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10

Keytes

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Bungalow

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Broad

Little Acre

Mulberry

\\Oxford03\urban design\URBAN DESIGN\UD Projects\Aplins\Milcombe\Graphics\Milcombe A3 sheets.indd. 28/04/15.

Note:- 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. Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. Contains Environment Agency information © Environment Agency and database right.

Land North of Bloxham Road, Milcombeon behalf of Trustees of the J W Tustian Deceased Estate c/o Aplins

Red line areadrawing

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OXPL 339170

10 April 2015

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SITE AREA1.43 hectares / 3.53 acres

Not to scale

savills.co.uk

Important Notice

Savills, their clients and any joint agents give notice that:

1. They have no authority to make or give any representations or warranties in relation to the property. 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.

Savills Oxford Wytham Court11 West WayOxford OX2 0QLoxford@savills.com+44 (0)1865 269000

Kate Wilkinsonkwilkinson@savills.com+44 (0) 1865 269000

Sarah Fenton MRICSsfenton@savills.com+ 44 (0) 1865 269000

Ordnance Survey © Crown Copyright 2015. All rights reserved. Licence number 100022432. Plotted Scale - 1:280595

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 (UK) Limited.

■ Specify your proposed exchange deposit and confirm that this will be non- refundable;

■ Provide any other information that you feel should be taken into consideration in the assessment of your bid: for example, recent examples of delivering schemes of this nature in the vicinity or in dealing with Cherwell District Council.

Upon offers being received, we expect to undertake developer interviews prior to selecting a preferred party and agreeing Heads of Terms of sale.

ViewingsInterested parties are requested to contact the selling agent to arrange an appointment to access the site and to discuss any particular points which are likely to affect their interest in order that a wasted journey is not made.

Technical packA detailed and comprehensive information pack can be made available upon request. The pack includes copies of the planning consent (outline), approved drawings, design and access statement and surveys that have been undertaken.

Local AuthorityCherwell District Council Bodicote House, Bodicote Banbury OX15 4AA

Oxfordshire County Council County Hall, New Road Oxford OX1 1ND

Details printed May 2016