the green siddorn street, winsford , cheshire cw7 2ba

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INVESTOR PROSPECTUS The Green Siddorn Street, Winsford, Cheshire CW7 2BA

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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 Presentation

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Page 1: The Green Siddorn  Street,  Winsford , Cheshire CW7 2BA

INVESTOR PROSPECTUS

The GreenSiddorn Street, Winsford, Cheshire

CW7 2BA

Page 2: The Green Siddorn  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

Page 3: The Green Siddorn  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

Page 4: The Green Siddorn  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

Page 5: The Green Siddorn  Street,  Winsford , Cheshire CW7 2BA

Photographs Site Plans

The GreenSiddorn Street, Winsford, Cheshire CW7 2BA

Page 6: The Green Siddorn  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%

Page 7: The Green Siddorn  Street,  Winsford , Cheshire CW7 2BA

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)

Page 8: The Green Siddorn  Street,  Winsford , Cheshire CW7 2BA

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

Page 9: The Green Siddorn  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.

Page 10: The Green Siddorn  Street,  Winsford , Cheshire CW7 2BA

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

Page 11: The Green Siddorn  Street,  Winsford , Cheshire CW7 2BA

JMW CONTACT INFORMATION

JMW SOLICITORS1 BYRON PLACE

MANCHESTERM3 3HG

TEL 0845 872 6666

The GreenSiddorn Street, Winsford, Cheshire CW7

2BA