GLENVALE PARK LOCAL CENTRE - NEW LOCAL CENTRE TO LET AN EXCITING NEW LOCAL CENTRE IN A VIBRANT NEW COMMUNITY IN WELLINGBOROUGH, NORTHAMPTONSHIRE ...
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GLENVALE PARK LOCAL CENTRE AN EXCITING NEW LOCAL CENTRE IN A VIBRANT NEW NEW LOCAL CENTRE TO LET COMMUNITY IN WELLINGBOROUGH, OPPORTUNITY TO LEASE RETAIL / LEISURE / BUSINESS NORTHAMPTONSHIRE UNITS FROM 1,000 SQ FT TO 6,500 SQ FT.
Local Centre To Let
Glenvale Park, Wellingborough
Proposed Local Centre and Pub – anticipated completion 2020
Initial Residential Parcel Boundaries
Initial Primary Infrastructure – completion end of 2019
Primary school – anticipated completion in September 2022
LNT Care Home providing 66 units
Second Phase Primary Infrastructure - anticipated completion mid 2020
Third Phase Infrastructure - anticipated completion 2022
RIXON
2,887 HOUSES
LOCAL
REDHILL
GRANGE CENTRE 10,000 REGISTERED
SOLD TO PUB VOTERS
LAGAN HOMES
41 DWELLINGS
PARCEL UNDER OFFER 2020
LNT
GLENEAGLES
PARCEL UNDER OFFER 150 NEW HOMES
2020 - 2022
CARE HOME
SOLD TO
1,379 HOUSES
50 NEW HOMES
ING A14 2020 - 2023 BARRATT HOMES
KETTER
2020-2021 (87)
< TO PRIMARY
SCHOOL
CRICKET
PITCH
FUTURE PHASES SOLD TO TO A45 /
NEW HOMES
COMUNITY
BARRATT HOMES
2020-2023 (128) M1 >
FUTURE PHASES CENTRE
NEW HOMES
SOLD TO SOLD TO
TAYLOR WIMPEY TAYLOR WIMPEY
2020-2023 (162) 2020-2023 (167)
FUTURE PHASES
NEW HOMES
Not to scale. For reference purpose only
EXECUTIVE SUMMARY
Planning permission in place for up Initial serviced residential land parcels sold to
TO LET: to 3,000 new homes
Located in a thriving growth region with
Barratt Homes, Taylor Wimpey and Lagan Homes
Local Centre anchored by the Co-Op to open
A MIX OF RETAIL, LEISURE AND BUSINESS UNITS excellent road and rail connectivity. Regular late 2020. A mix of retail, leisure and business
train services to London in c. 45 minutes and units ranging from 1,000 sq ft to 6, 500 sq ft
RANGING FROM 1,000 SQ FT TO 6,500 SQ FT, easy access to the regional road network available to let
SET IN A VIBRANT NEW LOCAL CENTRE WITHIN
Infrastructure works fully funded by Homes Care Home providing for 66 units sold to LNT
A MAJOR NEW DEVELOPMENT OF 3,000 NEW England. Initial works commenced in late 2018
New Primary School fully funded to be
HOMES TO THE NORTH OF WELLINGBOROUGH. with completion in late 2019
open in 2022
Local Centre To Let
Glenvale Park, Wellingborough
T
O PM E N
DEVEL S (41)
NTIAL E
RESIDELAGAN HOM
BY
T) AIL
UNITS 0 SQ F ER RE T
RE TAIL 5 SQM (5,00 TMENTS OV
4 6
GIA ENTIAL A P A R
RESID
Q FT
5,000 S ARKE T
E R M
SUP
ND)
(GROU
Q FT
6,500 S E FOR
A B L
SUIT USES
NATIVE
ALTER D/FIRST)
N
(GROU
PUBLIC
HOUSE
PROPOSAL
LOCAL CENTRE Units are available to let individually or in
combination on new FRI leases - rent and
term to be agreed.
Glenvale Park local centre comprises a site just under 3 acres located at Use classes include:
the gateway to the development from Niort Way (Wellingborough ring A1 (food and non food) / A2 / A3 / A4 / A5 /
road) and adjacent to 4,266 existing houses (10,000 registered voters) B1A / C2 / D1 and D2
together with the imminent development of up to 3,000 new homes.
The local centre includes: The development will be subject to a nominal
service charge (details on request)
• 5,000 sf Supermarket (pre-let agreed with Co-Op)
• 6,500 sf 1st floor space (above the supermarket) suitable
TIMINGS
for retail, leisure or office use
The local centre will be ready for occupation
• 1,500 sf standalone A3 retail unit
in Autumn 2020 with works to commence in
• Terrace of retail units from 1,000 sf to 5,000 sf
late 2019.
• Public House
• 67-bed Care Home (Sold to LNT)
Pre-let agreements will secure units, with
• c. 40 homes sold to Lagan Homes
occupation on completion.
Local Centre To Let
Glenvale Park, Wellingborough
PHASE 1
PHASE 3
FUTURE FUTURE
PHASE PHASE
TAYLOR
WIMPEY UNDER
FUTURE OFFER
PHASE 2 PHASE
(existing development)
TAYLOR PRIMARY
WIMPEY SCHOOL UNDER
OFFER
BARRATT
HOMES
BARRATT
HOMES
LNT CARE HOME
LAGAN HOMES
LOCAL CENTRE
MASTERPLAN PROGRESS TO DATE
Development partners Midtown Capital and Long Harbour • R
5 & R6 sold to Taylor Wimpey for the development
THE GLENVALE PARK URBAN have secured significant investment from Homes England to of 261 new homes;
EXTENSION IS ON THE NORTHERN support the delivery of the masterplan. The investment will
be used to fund infrastructure and utilities for the initial and
• L ocal Centre (anchored by The Co-Operative Group and
FRINGE OF WELLINGBOROUGH. future phases.
to include a pub) will be completed and occupied by
Autumn 2020;
THE PLANNING PERMISSION WAS • I nfrastructure work started on site in Q4 2018 and
• C
are Home parcel sold to LNT Care to deliver a
GRANTED FOR THE DELIVERY OF UP will complete in Q4 2019;
66 unit facility;
TO 3,000 NEW HOMES ALONG WITH • The first houses will be delivered by Q1 2020;
• T he Phase 1 Primary School is fully funded and anticipated
• R
1 & R2 sold to Barratt Homes for the development to open in 2022;
EXTENSIVE COMMUNITY FACILITIES AND of 199 new homes;
• S ignificant new open space will be delivered by the master
COMMERCIAL SPACE OVER 3 PHASES • R4.a sold to Lagan Homes to deliver 41 new homes; developers alongside the initial infrastructure and housing.
WITH DISTINCT CHARACTER AREAS.
The masterplan is set in approximately 700 acres of mature countryside and the
development will be sensitively integrated within this context. The scheme also PROPOSED DEVELOPMENT TIMELINE
benefits from the strong existing amenities and infrastructure of Wellingborough which
will be further enhanced as part of the development and the wider growth plans for the
region. The scheme provides the opportunity to be part of an exciting new community NOV 2018 Q4 2019 Q4 2019 Q4 2019 Q2 2020 Q2 2020
PHASE 1 LOCAL CENTRE INITIAL RESIDENTIAL PHASE 1 FIRST LOCAL
within a prosperous growth region. STARTS DEVELOPMENT DEVELOPMENT INFRASTRUCTURE RESIDENTS CENTRE
COMMENCES COMMENCES COMPLETE OCCUPATION COMPLETE
Local Centre To Let
Glenvale Park, Wellingborough
FINEDON ROAD WELLINGBOROUGH
REDHILL
INDUSTRIAL TOWN CENTRE GLENEAGLES
GRANGE
ESTATE
IRCHESTER
COUNTRY PARK
WELLINGBOROUGH
RESIDENTIAL MARKET
WELLINGBOROUGH WELLINGBOROUGH
GOLF CLUB STATION
VICTORIA
RETAIL
A509 A509 PARK
LEADING LEADING
A14 (J9) RUSHDEN A45
3 MILES LAKES A5193 A45 3 MILES
WELLINGBOROUGH HAS ALL THE KEY FUNDAMENTALS
AND IS WELL PLACED TO ACCOMMODATE GROWTH.
IT IS WELL SERVED BY ROAD AND RAIL, AND A VARIED
RETAIL CENTRE, LOCAL HEALTH SERVICES, FURTHER
EDUCATION PROVISION, AND A FULL RANGE OF
LEISURE AND RECREATION FACILITIES. IT IS ALSO
AN INCREASINGLY POPULAR COMMUTER DESTINATION,
WITH A REGULAR RAIL SERVICE INTO ST PANCRAS
IN AS LITTLE AS 45 MINUTES.
Wellingborough’s status as a commuter destination next ten years, which will put further pressure on local
has increasing relevance with the comprehensive housing stock.
redevelopment of the St Pancras / Kings Cross area and
Wellingborough is home to nearly 3,000 businesses,
its transformation into a hub of employment, education,
including the Head Offices of Booker and Whitworths,
WELLINGBOROUGH
cultural and leisure activity. Situated just over ten minutes
as well as household names such as Monsoon, Open
from Wellingborough station, the Glenvale Park scheme
University and Budgens. Investors in the town include
is well placed to take advantage of the London commuter
Axa Sunlife, Unilever, Standard life, British Airways Pension
WELLINGBOROUGH IS A TRADITIONAL TOWN SET IN THE HEART spill, particularly in the context of affordability constraints
Fund, Aviva and many more. Development of the towns
OF NORTHAMPTONSHIRE. GLENVALE PARK RESIDENTS HAVE DIRECT within the capital itself.
employment base continues with a number of significant
ACCESS TO THE BENEFITS OF BOTH TOWN AND COUNTRY: Wellingborough is a market town, with a population of sites now coming forward for commercial development
around 80,000 (2018). This is expected to increase by 4.8% bringing with them new opportunities for employment
Wellingborough has a rich history which can still be felt SURROUNDING AREAS by 2027, a rate broadly in-line with regional expectations, and giving the town a strong and balanced mixed-use
through landmarks like Norman Croyland Abbey, Civil War and which will equate to an additional 3,813 living in foundation when combined with the release of land for
Era Golden Hind Hotel and the market which dates from the Great Harrowden and Little Harrowden are lovely villages a
the borough over the same period. Household growth is residential development.
1200s (and still runs four times a week). short walk from Glenvale Park. The wider area has numerous
expected to outstrip population growth, at 7.5% over the
picturesque villages with cosy pubs (Cranford, Pytchley,
There is plenty to do and see in the town. Wellingborough Slipton, Wadenhoe – the list of nearby places with famous
boasts a modern leisure centre including an indoor swimming pubs goes on…)
pool and gymnasium, the magnificent Wellingborough
Golf Club, theatre, films and live music at the Castle Theatre Stanwick Lakes is hard to beat for outdoor excursions – a
as well as shopping at the Swansgate shopping centre all 750-acre nature reserve with endless activities including an
complemented by dozens of restaurants and bars. adventure playground, cycling, horse riding, bird watching,
picnics and barbecues.
Education provision is excellent. Redwell Primary School
(rated Outstanding by Ofsted) is immediately south of For shopping and leisure, Rushden Lakes is the region’s
Glenvale Park and there are excellent secondary schools premier venue and only 5 miles away from Glenvale Park.
nearby including Sir Christopher Hatton Academy, Weavers The development boasts over 60 retail outlets, including
Academy, Wren Academy and Wellingborough School M&S, Waitrose, House of Fraser, Boots, Next and many more.
(private). Further education is provided at Tresham College The retail offer is complimented by numerous cafes and
town centre campus, currently undergoing complete restaurants, as well as a new 14 screen cinema and indoor
climbing wall. Rushden Lakes Wellingborough Golf Club
refurbishment.
Local Centre To Let
Glenvale Park, Wellingborough
A509 TO A14 (J9)
M1
LEICESTER
M42 PETERBOROUGH
A510
A510
M69
BIRMINGHAM KETTERING
M6
A14
HUNTINGDON
A14
M40 A45
NORTHAMPTON
A5193
CAMBRIDGE
A1(M)
MILTON KEYNES
TOWN CENTRE
M1
A5128
M11
A45 TO A14 (J13) A1, M1, M11 M25
A509
A45
LONDON
M4 M25
A45 TO M1(J15) NORTHAMPTON
M3
FOR MORE INFORMATION Rosie Bowers Martin Herbert
01933 22 33 00 0345 900 3907 / 07584 505546
martin.herbert@space-rpc.com
PLEASE CONTACT:
rbowers@prop-search.com
Simon Toseland Josh Porter
01933 22 33 00 0345 900 3912 / 07823 885242
st@prop-search.com josh.porter@space-rpc.com
Ian Harman
01604 492 000
ianharman@prop-search.com
Misrepresentation Act: All Agents and for the vendors or lessors of this property whose agents they are, give notice that (i) these particulars are produced
in good faith, are set out as a general guide only and do not constitute any part of an offer or contract. They are believed to be correct but any intending
purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves as to the correctness of each of them.
(ii) no person in the employment of all agents has any authority to make or give any representation or warranty in relation to this property.
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