View PDF Brochure - Montagu Evans

Attractive residential development opportunity comprising two sites in Camberley (STPP) Potential for circa 110 residential units

Pembroke House, Camberley, Surrey GU15 2QN Ashwood House, Camberley, Surrey GU15 3XD

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Summary Location Planning and Feasibility Gallery Further Information Contact

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Please see the schedules of accommodation for details.

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Pembroke House: circa 20 flats Ashwood House: circa 90 flats

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The Council are seeking to appoint an experienced developer to deliver two residential projects simultaneously, which have the scope for providing circa 110 flats, subject to planning permission, split below for indicative purposes:

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Surrey Heath Borough Council are seeking to appoint an experienced developer to deliver two residential projects Cambridge simultaneously, which have the scope for providing circa Square 110 flats, subject to planning permission.

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OJEU Reference 20160624-005463 (16-234340-001)

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Excellent amenities, including car parking

Pembroke House

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Offered for sale by the Council as a long leasehold Town Square interest (150 years) with vacant possession at Pembroke House and vacant possession of the upper floors only at Ashwood House

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Opportunity to deliver two residential projects - Ashwood House and Pembroke House

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Montagu Evans - Ashwood House - Red Line Plan D

The landowner, Surrey Heath Borough Council, is seeking to submit a detailed planning application in late Autumn 2016

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Attractive residential development opportunity te sta lE tria dus comprising two sites in Camberley (STPP) In s rge G St

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View Pembroke House +

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View Ashwood House +

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The world famous Sandhurst Royal Military Academy is situated opposite the main centre of Camberley with numerous golf courses, Ascot racecourse and public parks in excellent proximity of both sites.

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Camberley railway station provides regular services to London Waterloo in approximately 1.15 hours.

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Camberley is one of the most accessible commercial centres on the south west side of London, served by junction 3 and 4 of the M3.

Camberley is a popular commuter town and employment area, hosting companies such as Siemens and Oracle.

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Camberley Vision, a multi-million pound project driven by Surrey Heath Borough Council, aims to make Camberley a foremost regional destination by delivering the regeneration of the town centre.

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Camberley offers excellent retail and leisure amenities, including the Atrium and Mall shopping centres and the vibrant High Street within walking distance of Ashwood House.

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residential location, in the county of Surrey STPP.

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The sites are situated within Camberley, an established

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Pembroke House (0.2 Ha): Pembroke House extends to 11,785 sq. ft. (GIA) and currently comprises a vacant commercial building of brick construction built in the 1960s. The surrounding area comprises residential and commercial uses along Frimley Road. To the rear of the site is the Wilton Road Industrial estate, which is owned by the Council. Pembroke House is situated on the Frimley Road, approx. 5 minutes by car or 15-20 minutes by foot to central Camberley. Frimley centre is approximately 15 minutes by foot. Pembroke House has the opportunity to deliver circa 20 flats, please see proposed schedules of accommodation by following the link the Background Information.

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Pembroke House


Ashwood House (0.47 Ha): Ashwood House is located in the heart of Camberley on Pembroke Broadway/Princess Way, which is situated at the southern end of The Mall, Camberley’s main shopping area. Ashwood House is a 2 storey vacant office building which sits above retail and a car parking deck. The office building built in the early 1980s extends to 57,900 sq ft. (GIA). The car parking level below the offices provides parking for 80 cars. The retail occupiers include British Home Stores, the Post Office, CEX and Halfords. The retail uses will be unaffected by the proposed residential scheme and the units will be retained by the Council. Camberley railway station is situated on Pembroke Broadway, adjacent to Ashwood House. The council acquired Ashwood House in 2015 to facilitate its future redevelopment. Ashwood House has the opportunity to deliver circa 90 flats. Please see proposed schedules of accommodation by following the link in background information.

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View Pembroke House +

Ashwood AshwoodHouse house proposed building

Car Circulation Retail Car Park


Residential Car Park Retail

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There is a well-documented Borough-wide need for residential accommodation as set out in Policies CP5 of the Surrey Heath Core Strategy and Development Management Policies 2012.

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Potential 3rd floor, adding 4 more u SITE AREA approx. 2210 m2

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Ashwood House is identified in the Camberley Town Centre Action Plan as part of the Pembroke Broadway (North) Opportunity Area (TC17) supporting a mix of uses including an improved retail offering and residential accommodation.

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Pembroke House proposed first floor plan -

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Pembroke House is mentioned within the Council’s Strategic Housing Land and Availability Assessment (SHLAA) (2014) as a deliverable site with the potential for a small mixed use scheme, subject to contract.

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First Floor Plan - Proposed - Option 1 Soft landscaping

PRINCESS WAY Status

The Vendor has procured a design team to assess the options for conversion of the Ashwood House offices and concluded an additional two storeys of residential could be feasible. A concept scheme for a mixed use new build scheme for Pembroke House has also been prepared.

Further details of the feasibility schemes can be found in the procurement portal.

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The vendor is proposing to prepare a detailed planning application for both buildings later in the autumn.

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ISO 14001 : 2004 ISO 9001 : 2000 RIBA Chartered Practice Please consider the environment before printing this document Refer to dimensions where provided - do not scale from this drawing

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04 - New light weight canopy structure with wires.

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Subject to planning, the sites could be delivered simultaneously with the potential for splitting tenures across the two sites.

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Ashwood House proposed third floor plan


Ashwood house existing building

The Council’s intention is to streamline the selection process and the timetable reflects this. It is expected that bidders shall be shortlisted by early August 2016 with final bids due 25 November 2016. The Council is seeking to announce the successful bidder by 22 December 2016.


Interested parties should use the following link in order to obtain the PQQ and submit their interest.

Method of Sale The Council is looking to appoint an experienced and well-resourced development partner to deliver both projects simultaneously. The projects will be delivered via a Development Agreement with a long leasehold interest of 150 years granted on both sites or in the case of Pembroke House, possibly a freehold. Offers will be sought for the capital premium (or rental alternative) for the leasehold opportunity in both sites. The Council will also be seeking to agree an overage basis with the successful bidder. The Council will not be seeking to participate in development risk. The appointment will be managed through a two stage public procurement. Initially, interested parties will be required to respond to the Pre-Qualification Questionnaire which is accessed via the portal stated in this brochure. Following evaluation of the responses the Council intend to shortlist at least 3 parties (providing they meet the selection criteria and minimum levels of ability) to participate in a competitive dialogue process. The indicative timetable is as follows: Activity

Date

OJEU notice published

24 June 2016

PQQ submission deadline

Midday 25 July 2016

Issue Invitation to Submit Final Tender

24th October 2016

Invitation to Submit Final Tender deadline

25 November 2016

Notify Bidders of contract award decision

22 December 2016

Contract award (envisaged)

24 January 2017

Tenure Long leasehold interest (150 years) for both buildings, though the freehold disposal of Pembroke House may be considered. At Ashwood House the leasehold interest will exclude the ground floor retail accommodation which will be retained by the Council. Therefore, Pembroke House will be offered for sale with vacant possession with just the upper floors of Ashwood House available for sale with vacant possession. VAT The Council have elected for VAT for both sites Background Information: To view the following information, intrested parties will need to register first using the procuremnt portal link below. - Ashwood House: floorplans and floor area schedules from feasibility study - Pembroke House: floorplans and floor area schedules from feasibility study Register with portal +


Combined site opportunity circa 110 flats

For all enquiries and further information:

Contact Development Consultancy: Simon Hope Tel. 0207 312 7429 [email protected] Bhavini Shah Tel. 0207 312 7433 [email protected]

Important notice 1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by the agents in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property, its condition or its value. Neither agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s). 2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. Designed by i-brochure. June 2016. Tel: 07984 000 750.

On the instructions of:

Contact Residential: Graham Priddle Tel. 020 7312 7468 [email protected] Adam Scott-Avis Tel. 020 7866 8677 [email protected] Anthony Shaw Tel. 020 7312 7487 [email protected]