the green siddorn street, winsford , cheshire cw7 2ba
DESCRIPTION
The Green Siddorn Street, Winsford , Cheshire CW7 2BA. Investor Prospectus. The Green Siddorn Street, Winsford , Cheshire CW7 2BA. Contents Site overview Photograph and image gallery Financial information Development information (builder overview, details of contract, drawdown stages) - PowerPoint PPT PresentationTRANSCRIPT
INVESTOR PROSPECTUS
The GreenSiddorn Street, Winsford, Cheshire
CW7 2BA
CONTENTS1. Site overview2. Photograph and image gallery 3. Financial information 4. Development information (builder overview, details of
contract, drawdown stages)5. Sales information (comparable data – Sold/For Sale, estate
agent indicative selling price, local information) 6. Information memorandum7. JMW contact information
The GreenSiddorn Street, Winsford, Cheshire
CW7 2BA
SITE OVERVIEWK E Y F E AT U R E S :
DEVELOPMENT SITE WITH DETAILED PLANNING CONSENT FOR 8 HOUSES
0.48 ACRE SITEPLANNING APPROVED FOR 3 X 3 BED SEMI,
3 X 2 BED SEMI AND 2 X 2 MID TOWN HOUSE ALONG WITH 2 GARAGES AND
ENCLOSED CYCLE STOREEXCELLENT OPPORTUNITY
The GreenSiddorn Street, Winsford, Cheshire CW7
2BA
SITE OVERVIEW (CONTINUED)
F U L L D E S C R I P T I O N :D E T A I L E D P L A N N I N G C O N S E N T F O R 8 D W E L L I N G S .
O C C U P Y I N G A P O P U L A R A N D C O N V E N I E N T L O C A T I O N W I T H I N T H E H E A R T O FW I N S F O R D , T H E S A L E O F T H I S 0 . 4 8 A C R E D E V E L O P M E N T S I T E W I T H D E T A I L E D
P L A N N I N G C O N S E N TA P P R O V E D R E P R E S E N T S A N E X C E L L E N T A N D R A R E O P P O R T U N I T Y T O A C Q U I R E A
R E A D Y T O G O S I T E I D E A L F O R T H E B U I L D E R O R D E V E L O P E R .P L A N N I N G C O N S E N T W A S A P P R O V E D B Y C H E S H I R E W E S T & C H E S T E R
C O U N C I L U N D E R A P P L I C A T I O N N U M B E R 1 2 / 0 5 / 4 8 3 / F U L A N D I F B U I LT I N A C C O R D A N C E W I T H
T H O S E A P P R O V E D P L A N S , T H E C O M P L E T E D D E V E L O P M E N T W O U L D C O M P R I S E 3 X 3 B E D R O O M S
S E M I S , 3 X 2 B E D R O O M S E M I S A N D 2 X 2 B E D R O O M M I D T O W N H O U S E S A L O N G W I T H T W O
G A R A G E S A N D A B R I C K B U I LT C Y C L E S T O R E .E A C H O F T H E P R O P E R T I E S W O U L D H A V E D E S I G N A T E D O F F R O A D PA R K I N G A N D
G O O DS I Z E D G A R D E N S T O T H E R E A R .
The GreenSiddorn Street, Winsford, Cheshire CW7
2BA
Photographs Site Plans
The GreenSiddorn Street, Winsford, Cheshire CW7 2BA
The GreenSiddorn Street, Winsford, Cheshire CW7 2BA
Sales Value £1,115,150CostsLand Costs £94,350Development Costs £706,382Sales Costs £33,455
£834,187 £834,187Development Profits £280,964
Financial Information
Profits will be split – Developer 25% and Shareholders 75%
The GreenSiddorn Street, Winsford, Cheshire CW7 2BA
Stage Payments Percentage AmountLand Costs N/A £94,350Stage 1 - Foundations 25% £184,959Stage 2 - Brickwork 25% £184,959Stage 3 - Roof On 25% £184,959Stage 4 - Completion 25% £184,959
Total Investment 100% £834,187Each Payment to be made in advance upon completion of the Previous stage
Financial Information (Continued)
DEVELOPER INFORMATION
THE DEVELOPMENT WILL BE CARRIED OUT BY SHERWOOD HOMES LIMITED UNDER A MINOR WORKS 80 CONTRACT AND PAYMENTS WILL BE MADE ON A STAGED
BASIS.ALL WORKS WILL BE SUPERVISED BY A QUALIFIED
ARCHITECT AND ARCHITECT CERTIFICATES WILL BE PROVIDED AT KEY STAGES OF THE DEVELOPMENT
INCLUDING A COMPLETION STATEMENT. THE LOCAL AUTHORITY WILL ALSO SUPERVISE ALL
WORKS TO ENSURE BUILDING REGULATION COMPLIANCE AND WILL ALSO ISSUE A CERTIFICATE OF BUILDING
REGULATION COMPLIANCE UPON COMPLETION.
The GreenSiddorn Street, Winsford, Cheshire
CW7 2BA
The GreenSiddorn Street, Winsford, Cheshire CW7 2BA
Comparable Sales
36 Siddorn Street, Winsford, Cheshire West And Chester CW7 2BA
Ex-Local Authority 2 Bed Semi sold 21 October 2011 for £109,000Source: Land Registry
28 Siddorn Street, Winsford, Cheshire CW7 2BA
Ex Local Authority 2 Bed Described as end terraced sold for £110,000 in 2007Source: Land Registry
The Proposed Development: 3 Bed Semis with high specification £158,250 and 2 Bed Properties at £128,092 are reasonable and with the Incentive of Part Exchange should be sold quickly.
The GreenSiddorn Street, Winsford, Cheshire CW7 2BA
Applications to buy Shares in The Green Winsford Limited which is a Single Purpose Vehicle used to exclusively buy and develop the site.
The Developer will receive 25% of the Profits made and the rest will be paid to shareholders on a pro-rata basis
There are 1000 Shares for Sale at £834.19 each. Upon Sale of the Development Each Share will
attract a profit of £210.72 (as well as the initial investment)
This provides a return of 25.26% and it is expected that the development will be complete within 1 year
JMW CONTACT INFORMATION
JMW SOLICITORS1 BYRON PLACE
MANCHESTERM3 3HG
TEL 0845 872 6666
The GreenSiddorn Street, Winsford, Cheshire CW7
2BA