WARRINGTON TOWN CENTRE

WATERSIDE RESIDENTIAL / COMMERCIAL DEVELOPMENT OPPORTUNITY

APPROXIMATELY 1.43 ACRES FOR

SALE

BRIDGEFOOT, WARRINGTON,CHESHIRE WA1 1HN

• Freehold, cleared site

• Currently tenanted and income producing (vacant possession available at short notice)

• Ripe for development (STP)

• Town centre location

• Close proximity to Time Square/Bridge Street redevelopment due to be completed 2019

• Commercial/Residential/Leisure development opportunity (STP)

• Excellent public transport links

INTRODUCTION

Warrington has access to a resident population of over three million people living within a 30-minute drive and has the largest catchment in the UK outside of London. The town imports more workers each day than it exports to the wider region, particularly Manchester and Liverpool.

Warrington not only ranks third in terms of highest business growth, bettered only by London and Aberdeen, but it is also the only city in the North to be defined as ‘high wage and low welfare.’

For employment rates, Warrington sits with Northampton as the only two cities outside the South of England to feature in the Top 10, boasting a 1.6 percent increase in the rate of employment for 2016. (Cities Outlook 2017 - Centre for Cities)

LOCATION

The site is situated in a prominent location on the southern edge of Warrington town centre, at the junction of Bridge Street, Wilton Patten Street (A506) and Barbold Street. Warrington is situated within easy access from M62 and M6 motorways, and Liverpool city centre is some 16 miles to the west and Manchester City Centre 20 miles to the east.

The Site is located approximately 600 metres from Warrington Bank Quay, identified by Warrington Borough Council for redevelopment to benefit from HS2, to act as a catalyst for a major town centre expansion including the redevelopment of the Warrington Waterfront. The aspiration is to position Warrington Bank Quay as a TransNorth hub in the context of developing plans for Northern Powerhouse Rail.

GENERAL DESCRIPTION

The property comprises a flat, cleared site ripe for development. It is currently used as a surface pay and display car park.

The site forms an important gateway between the adjacent Bridge Street Quarter and Warrington Waterfront development area.

The Bridge Street redevelopment that is currently under construction and scheduled for completion in 2019 will provide 40,000 sq. ft. of retail, 92,000 sq. ft. of leisure (including a cinema and seven family restaurants), a 42,000 sq. ft. indoor market hall, a 100,000 sq. ft. Council office building, the car park and a new public square.

Warrington Waterfront is a £126 million vision which includes a high level crossing of the Manchester Ship Canal which would bypass Bridge Foot to tackle congestion and unlock the potentially to create up to 1,500 new jobs and 1,000 new homes.

WARRINGTON CENTRALSTATION

WARRINGTONBANK QUAY

STATION SITE AREA

SITE LOCATION

PLANNING

The site could suit a variety of uses including residential, commercial, hotel and leisure (subject to planning permission).

A development proposal has been prepared to provide a residential/leisure led scheme comprising two new apartment blocks to provide 168 apartments ( mix of 1, 2 and 3 bedrooms) together with five commercial/leisure units (ranging from 202sqm to 353 sqm).

Summary of Prepared Scheme (subject to planning permission)

c. Area (sq.m.) c. Area (sq.ft.) No. of Apartments

Total Number of Apartments 168 (6x3bd/111x2b/51x1b)

Total Net Residential Area 11,233 120,915

Total Commercial Area 1,312 14,123

Total Gross Area (excluding basement)

11,,216 120,732

Gross to Net for Block A Typical Upper Floor

77%

Gross to Net for Block B Typical Upper Floor

77%

Total Residential Car spaces 143

Total Leisure Car spaces 15

CONTEXTUAL ELEVATION 02 - WILSON PATTEN STREET

SKETCH LAYOUT AND DRAWINGS OF PROPOSED SCHEME(SUBJECT TO PLANNING PERMISSION)

PROPOSED BLOCK B PROPOSED BLOCK A

BLOCK A

BLOCK B

LEISURE CAR PARKING

SITE ENTRANCE

TENUREFreehold

PRICEOffers are invited in excess £1m

VATAll figures quoted are exclusive of but may be liable to VAT

VIEWING

Please contact Majid Zameer

Mobile: 07545 155032

Email: majid@zameero.com

IMPORTANT NOTICE

Date of Preparation: 19 July 2017 Zameero, 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

WARRINGTONBANK QUAY

STATIONSITE

PALMYRA QUARTER

WILSON PATTERN STREET/WARRINGTON WATERFRONT

BRIDGE STREETQUARTER

WILDERSPOOLQUARTER