DEVELOPMENT CONSIDERATIONS

Leeds City Council adopted their Core Strategy (as amended) in September 2019 and their Site Allocations Plan (SAP) was adopted in July 2019. The Property is allocated for Mixed Use development (reference MX2- 11), with an indicative site capacity over 5.42 ha (13.39 acres) of 122 residential units and 2.5 ha (6.18 acres) of employment. Reference is also made to the “planned improvement works to the Armley Gyratory” and that “a contribution will also be required to fund the improvement works”.

The land immediately to the west and south is owned by LCC and is also allocated in the SAP for housing (113 residential units over 2.32 ha). The same statement on a requirement for a contribution to the planned works to the Gyratory is also made.

The Property lies within the Inner Area and Affordable Housing Zone 3 where the requirement is 7% affordable housing. It is in CIL Zone 3 where the charge for new residential development is £5 per sq. m.

The Property falls within the area of the West Leeds Gateway Supplemental Planning Document (SPD) 2010 and this sets out the aspirations for the site under WL32. 

“WL 32 The City Council will support the redevelopment of the Training Centre site, (Canal Street) and the Gyratory as a gateway development for a mix of uses to include residential and employment which; Promotes the strategic location as a gateway site to the West Leeds area Is of a high quality design which respects the scale of surrounding development Improves links for pedestrians and cyclists between New Wortley and the City Centre by providing accessible, safe and logical routes through the site. Provides high quality useable greenspaces which are designed to integrate new development with existing houses Contributes to the Councils’ aim of improving the existing gyratory system with a more efficient highway layout that also reduces the barriers to pedestrian accessibility between West Leeds and the City Centre.”

Although now 10 years old this statement captures the issues and aspirations of the site as the Council sees them in terms of spatial development and regeneration. Discussions were held with LCC Assets team and a town planning colleague in 2020 which confirmed the general policy of mixed use and residential (and a view that substantial height was not appropriate for the site) but no further engagement has taken place since.

The Property is identified within Flood Zone 1 (an area with a low probability of flooding).

There are various rights and covenants that relate to the Property, including easements relating to above and below ground service media. Further details on these are set out in the Title Documents and Title Summary Report. Cellnex is also seeking a wayleave for a new cable running through the Property.

ENVIRONMENTAL

Factual environmental information relating to the Property is provided in the Land Condition Summary Statement and redacted Environmental Reports.

LEASES

The property is subject is to a lease to Leeds City Council for use as a compound in relation to ongoing works to improve the adjacent highway, with a term expiring on 9 July 2023 and producing an income of £3,000 per calendar month.

SERVICES

Prospective purchasers should confirm the availability of services for their own proposals via the appropriate statutory body. BNP Paribas Real Estate have not tested any of the service installation and provide no warranties as to their condition.

NEARBY DEVELOPMENTS

Planning permissions recently granted for new development in the area surrounding the Property include the following:

Former Liberal Club Canal Street, Armley, Leeds

Supported living development of 23 apartments (12 x 2 bed, 11 x 1 bed) with ancillary workshop, training room, office and communal facilities, and associated landscaping and access works Ref 20/9/00101/MOD Approved 27 May 2020

Doncaster Monk Bridge Whitehall Road, Lower Wortley, Leeds, LS12 1BE

Hybrid planning application comprising full planning permission for the restoration and reuse of Monk Bridge viaduct for A1, A2, A3, A4, A5 and D1 uses (4380 sq m); erection three blocks of 307 apartments (storey heights between 11-13), creation of open space, landscaping and car parking; outline application for two blocks of residential developments - NON MATERIAL AMENDMENT TO 16/07714/FU - See enclosed design doc. Introduction of 6no louvers into block C to provide mech vent to the social hub space. Ref. 21/9/00235/ MOD Approved 6 October 2021 Velocity Point Leeds, LS12 2EE Doncaster Monk Bridge Whitehall Road, Lower Wortley, Leeds, LS12 1BE

Velocity Point Leeds, LS12 2EE

A new business park set across 13 acres. It has planning permission for 9 logistics and industrial units from 3,500 to 108,500 sq ft. The developers are currently on site and the units will be available in Q3 2023.

www.velocitypointleeds.co.uk

FURTHER INFORMATION

Further information on the Properties are available in the data room, including:

• Title Documents & Title Summary Report
• Topographical Survey
• Land Condition Summary Statement and redacted Environmental Reports
• Draft Heads of Terms (including non negotiable environmental provisions)
• Lease to Leeds City Council

VAT

We understand that the Properties are elected for VAT and therefore VAT may be chargeable on the sale.

METHOD OF SALE

Both unconditional and conditional offers for the freehold interest of the Property with limited title guarantee, are invited by way of informal tender on or before 12 noon on 24 March 2023. However, the seller’s preference is for unconditional offers.

Details on the requirements for offers will be released to interested parties prior to the offer deadline. However, all offers should confirm that the seller’s nonnegotiable environmental provisions are accepted.

ANTI MONEY LAUNDERING

BNP Paribas Real Estate (BNP PRE) must comply with Anti Money Laundering Regulations. As part of this requirement, BNP PRE must obtain evidence of the identity and proof of address of potential buyers. Prior to an offer being accepted, all parties who are purchasing must provide the necessary evidence.

VIEWINGS

Viewings are strictly by appointment only, with specific viewing dates to be announced to interested parties. Interested parties should note that BNPPRE take no responsibility for any injury or accident at the Properties. Viewers and visitors of the Properties do so at their own risk.