Summary
Planning consent was granted by Rushmoor Borough Council in February 2019 (Ref: 16/00981/FULPP). As a consequence of the pandemic, a new submission was made and consent given, subject to the completion of a s.106 agreement. The new submission and consent (Ref: 22/00029/FULPP) is for a similar scheme to the original consent and is for:
The demolition of the existing bus station and redevelopment of the site with the erection of a mixed use building comprising three ground floor commercial units totalling some 6,900 sq ft (Planning Use Class E) and upper floor residential use comprising 32 market residential flats (18 x 1 bedroom, 12 x 2 bedroom and 2 x 3 bedroom units) with associated on site servicing and parking areas.
Key Points
Of interest to residential developers and housing associations.With new planning consent for 32 Flats and 6,900 sq ft of ground floor (use Class E) subject to a new S106 Agreement. (To be sold as a TOGC).
Section 106 Agreement
This is currently in preparation and provides for:
1. Open space contribution - £68,129.60
2. S.106 administrative fee - £11,847.74
3. Special area protection contribution - £168,825.22
Decision Notice
Dated 26/2/2019 available upon request. New Notice being prepared.
Existing Tenancies
1. The property is let on a monthly licence to NCP Commercial Services Ltd at a rent of £12,000 per annum exclusive. The licence agreement can be
terminated by either party on one month’s notice.
2. Rushmoor Borough Council have a lease on the public WCs; this lease expires on 16th June 2023.
Sale
The site is to be sold FREEHOLD.
Planning Application
https://publicaccess.rushmoor.gov.uk/online-applications/applicationDetails.do?keyVal=R5JZ6JNMGMU00&activeTab=summary
Anti Money Laundering
To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.
Location
Aldershot is within the District of Rushmoor Borough Council and is about 32 miles southwest of London. The town has a popuation of about 37,000 whilst the Aldershot Urban Area (a loose conurbation which includes other towns such as Camberley, Farnborough and Farnham), has a population approaching some 250,000 making it the thirtieth largest urban area of the UK. The freehold site, next to the mainline railway station is located at 3 Station Road, Aldershot, close to where it meets Windsor Way GU11 1HN.