glenvale park local centre...adventure playground, cycling, horse riding, bird watching, picnics and...

NEW LOCAL CENTRE TO LETOPPORTUNITY TO LEASE RETAIL / LEISURE / BUSINESS UNITS FROM 1,000 SQ FT TO 6,500 SQ FT.

GLENVALE PARK LOCAL CENTRE

AN EXCITING NEW LOCAL CENTRE IN A VIBRANT NEW COMMUNITY IN WELLINGBOROUGH, NORTHAMPTONSHIRE

TO A45 / M1 >

< TO KETTERING A14

LOCAL CENTRE

PUB

Not to scale. For reference purpose only

GLENEAGLES1,379 HOUSES

RIXON2,887 HOUSES

10,000 REGISTEREDVOTERS

REDHILLGRANGE

TO LET: A MIX OF RETAIL, LEISURE AND BUSINESS UNITS RANGING FROM 1,000 SQ FT TO 6,500 SQ FT, SET IN A VIBRANT NEW LOCAL CENTRE WITHIN A MAJOR NEW DEVELOPMENT OF 3,000 NEW HOMES TO THE NORTH OF WELLINGBOROUGH.

EXECUTIVE SUMMARYPlanning permission in place for up to 3,000 new homes

Located in a thriving growth region with excellent road and rail connectivity. Regular train services to London in c. 45 minutes and easy access to the regional road network

Infrastructure works fully funded by Homes England. Initial works commenced in late 2018 with completion in late 2019

Initial serviced residential land parcels sold to Barratt Homes, Taylor Wimpey and Lagan Homes

Local Centre anchored by the Co-Op to open late 2020. A mix of retail, leisure and business units ranging from 1,000 sq ft to 6, 500 sq ft available to let

Care Home providing for 66 units sold to LNT

New Primary School fully funded to be open in 2022

Local Centre To LetGlenvale Park, Wellingborough

SOLD TO BARRATT HOMES

2020-2021 (87)

SOLD TO BARRATT HOMES2020-2023 (128)

SOLD TO TAYLOR WIMPEY2020-2023 (167)

SOLD TO TAYLOR WIMPEY2020-2023 (162)

FUTURE PHASESNEW HOMES



PARCEL UNDER OFFER50 NEW HOMES

2020 - 2023

COMUNITYCENTRE

PRIMARYSCHOOL

SOLD TO LAGAN HOMES41 DWELLINGS

2020LNT

CARE HOME

CRICKET PITCH

Proposed Local Centre and Pub – anticipated completion 2020

LNT Care Home providing 66 units

Second Phase Primary Infrastructure - anticipated completion mid 2020

Third Phase Infrastructure - anticipated completion 2022

Initial Primary Infrastructure – completion end of 2019

Primary school – anticipated completion in September 2022

Initial Residential Parcel Boundaries

PARCEL UNDER OFFER150 NEW HOMES

2020 - 2022

RESIDENTIAL DEVELOPMENT

BY LAGAN HOMES (41)


LOCAL CENTREGlenvale Park local centre comprises a site just under 3 acres located at the gateway to the development from Niort Way (Wellingborough ring road) and adjacent to 4,266 existing houses (10,000 registered voters) together with the imminent development of up to 3,000 new homes.

The local centre includes:

• 5,000 sf Supermarket (pre-let agreed with Co-Op)• 6,500 sf 1st floor space (above the supermarket) suitable

for retail, leisure or office use• 1,500 sf standalone A3 retail unit• Terrace of retail units from 1,000 sf to 5,000 sf• Public House• 67-bed Care Home (Sold to LNT)• c. 40 homes sold to Lagan Homes

PROPOSAL Units are available to let individually or in combination on new FRI leases - rent and term to be agreed.

Use classes include:A1 (food and non food) / A2 / A3 / A4 / A5 / B1A / C2 / D1 and D2

The development will be subject to a nominal service charge (details on request)

TIMINGSThe local centre will be ready for occupation in Autumn 2020 with works to commence in late 2019.

Pre-let agreements will secure units, with occupation on completion.

RETAIL UNITS

GIA 465 SQM (5,000 SQ FT)

RESIDENTIAL APARTMENTS OVER RETAIL

5,000 SQ FT

SUPERMARKET

(GROUND)

6,500 SQ FT

SUITABLE FOR

ALTERNATIVE USES

(GROUND/FIRST)

PUBLIC HOUSE

(existing development)TAYLOR WIMPEY

TAYLOR WIMPEY

PRIMARYSCHOOL

BARRATT HOMES

BARRATT HOMES

FUTUREPHASE

LOCAL CENTRE

FUTUREPHASE

UNDER OFFER

UNDER OFFER

LAGAN HOMES

LNT CARE HOME

PHASE 1

PHASE 3

PHASE 2

FUTUREPHASE

The masterplan is set in approximately 700 acres of mature countryside and the development will be sensitively integrated within this context. The scheme also benefits from the strong existing amenities and infrastructure of Wellingborough which will be further enhanced as part of the development and the wider growth plans for the region. The scheme provides the opportunity to be part of an exciting new community within a prosperous growth region.


MASTERPLAN

THE GLENVALE PARK URBAN EXTENSION IS ON THE NORTHERN FRINGE OF WELLINGBOROUGH. THE PLANNING PERMISSION WAS GRANTED FOR THE DELIVERY OF UP TO 3,000 NEW HOMES ALONG WITH EXTENSIVE COMMUNITY FACILITIES AND COMMERCIAL SPACE OVER 3 PHASES WITH DISTINCT CHARACTER AREAS.

Development partners Midtown Capital and Long Harbour have secured significant investment from Homes England to support the delivery of the masterplan. The investment will be used to fund infrastructure and utilities for the initial and future phases.

• Infrastructure work started on site in Q4 2018 and will complete in Q4 2019;

• The first houses will be delivered by Q1 2020;

• R1 & R2 sold to Barratt Homes for the development of 199 new homes;

• R4.a sold to Lagan Homes to deliver 41 new homes;

• R5 & R6 sold to Taylor Wimpey for the development of 261 new homes;

• Local Centre (anchored by The Co-Operative Group and to include a pub) will be completed and occupied by Autumn 2020;

• Care Home parcel sold to LNT Care to deliver a 66 unit facility;

• The Phase 1 Primary School is fully funded and anticipated to open in 2022;

• Significant new open space will be delivered by the master developers alongside the initial infrastructure and housing.

PROGRESS TO DATE

Q4 2019 LOCAL CENTREDEVELOPMENTCOMMENCES

Q4 2019 INITIAL RESIDENTIAL

DEVELOPMENTCOMMENCES

Q4 2019 PHASE 1

INFRASTRUCTURECOMPLETE

Q2 2020 LOCAL

CENTRECOMPLETE

Q2 2020 FIRST

RESIDENTS OCCUPATION

NOV 2018 PHASE 1STARTS

PROPOSED DEVELOPMENT TIMELINE


WELLINGBOROUGHTOWN CENTRE

IRCHESTERCOUNTRY PARK

GLENEAGLES

VICTORIARETAILPARK

FINEDON ROADINDUSTRIAL

ESTATE

REDHILLGRANGE

WELLINGBOROUGHSTATION

WELLINGBOROUGHGOLF CLUB

A509LEADINGA14 (J9)3 MILES

A509LEADING

A453 MILESA5193 A45

RUSHDENLAKES

Wellingborough has a rich history which can still be felt through landmarks like Norman Croyland Abbey, Civil War Era Golden Hind Hotel and the market which dates from the 1200s (and still runs four times a week).

There is plenty to do and see in the town. Wellingborough boasts a modern leisure centre including an indoor swimming pool and gymnasium, the magnificent Wellingborough Golf Club, theatre, films and live music at the Castle Theatre as well as shopping at the Swansgate shopping centre all complemented by dozens of restaurants and bars.

Education provision is excellent. Redwell Primary School (rated Outstanding by Ofsted) is immediately south of Glenvale Park and there are excellent secondary schools nearby including Sir Christopher Hatton Academy, Weavers Academy, Wren Academy and Wellingborough School (private). Further education is provided at Tresham College town centre campus, currently undergoing complete refurbishment.

SURROUNDING AREASGreat Harrowden and Little Harrowden are lovely villages a short walk from Glenvale Park. The wider area has numerous picturesque villages with cosy pubs (Cranford, Pytchley, Slipton, Wadenhoe – the list of nearby places with famous pubs goes on…)

Stanwick Lakes is hard to beat for outdoor excursions – a 750-acre nature reserve with endless activities including an adventure playground, cycling, horse riding, bird watching, picnics and barbecues.

For shopping and leisure, Rushden Lakes is the region’s premier venue and only 5 miles away from Glenvale Park. The development boasts over 60 retail outlets, including M&S, Waitrose, House of Fraser, Boots, Next and many more. The retail offer is complimented by numerous cafes and restaurants, as well as a new 14 screen cinema and indoor climbing wall.

WELLINGBOROUGHRESIDENTIAL MARKET

Wellingborough’s status as a commuter destination has increasing relevance with the comprehensive redevelopment of the St Pancras / Kings Cross area and its transformation into a hub of employment, education, cultural and leisure activity. Situated just over ten minutes from Wellingborough station, the Glenvale Park scheme is well placed to take advantage of the London commuter spill, particularly in the context of affordability constraints within the capital itself.

Wellingborough is a market town, with a population of around 80,000 (2018). This is expected to increase by 4.8% by 2027, a rate broadly in-line with regional expectations, and which will equate to an additional 3,813 living in the borough over the same period. Household growth is expected to outstrip population growth, at 7.5% over the

next ten years, which will put further pressure on local housing stock.

Wellingborough is home to nearly 3,000 businesses, including the Head Offices of Booker and Whitworths, as well as household names such as Monsoon, Open University and Budgens. Investors in the town include Axa Sunlife, Unilever, Standard life, British Airways Pension Fund, Aviva and many more. Development of the towns employment base continues with a number of significant sites now coming forward for commercial development bringing with them new opportunities for employment and giving the town a strong and balanced mixed-use foundation when combined with the release of land for residential development.

WELLINGBOROUGH HAS ALL THE KEY FUNDAMENTALS AND IS WELL PLACED TO ACCOMMODATE GROWTH. IT IS WELL SERVED BY ROAD AND RAIL, AND A VARIED RETAIL CENTRE, LOCAL HEALTH SERVICES, FURTHER EDUCATION PROVISION, AND A FULL RANGE OF LEISURE AND RECREATION FACILITIES. IT IS ALSO AN INCREASINGLY POPULAR COMMUTER DESTINATION, WITH A REGULAR RAIL SERVICE INTO ST PANCRAS IN AS LITTLE AS 45 MINUTES.

WELLINGBOROUGHWELLINGBOROUGH IS A TRADITIONAL TOWN SET IN THE HEART OF NORTHAMPTONSHIRE. GLENVALE PARK RESIDENTS HAVE DIRECT ACCESS TO THE BENEFITS OF BOTH TOWN AND COUNTRY:

Rushden Lakes Wellingborough Golf Club

LONDON

M25

A1(M)

M1

M1

M69

M42

M6A14

A45A14

M40

M4

M3

M25

M11

BIRMINGHAM

LEICESTER

KETTERING

NORTHAMPTON

MILTON KEYNES

PETERBOROUGH

HUNTINGDON

CAMBRIDGE

A45

A510

A5193

A5128

A509

TOWN CENTRE

A509 TO A14 (J9)

A45 TO M1(J15) NORTHAMPTON

A45 TO A14 (J13) A1, M1, M11

A510


Misrepresentation Act: All Agents and for the vendors or lessors of this property whose agents they are, give notice that (i) these particulars are produced in good faith, are set out as a general guide only and do not constitute any part of an offer or contract. They are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves as to the correctness of each of them. (ii) no person in the employment of all agents has any authority to make or give any representation or warranty in relation to this property.

Rosie Bowers 01933 22 33 00 [email protected]

Simon Toseland 01933 22 33 00 [email protected]

Ian Harman 01604 492 000 [email protected]

Martin Herbert 0345 900 3907 / 07584 505546 [email protected]

Josh Porter 0345 900 3912 / 07823 885242 [email protected]

FOR MORE INFORMATION PLEASE CONTACT:

glenvale park local centre...adventure playground, cycling, horse riding, bird watching, picnics and...

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