Greenhithe Factsheet
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Greenhithe Factsheet

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Greenhithe Planning Submission Now Complete! ...

Greenhithe Planning Submission Now Complete!

We are very excited to announce that our final Planning Submission has been made to Dartford Local Council. Further details are available in the Greenhithe planning update but this is the culmination of extensive work done in preparation of the application and represents the most important step in the planning process to date.

The local council will now follow its due process which should take us into early January and, whilst we have formally completed our involvement, we will continue to make representations wherever possible to ensure as swift a process as possible.

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    Greenhithe Factsheet Greenhithe Factsheet Document Transcript

    • STRATEGIC LAND INVESTMENTGreenhithe, Kent, UKInvestment Opportunity TimelinesOur latest strategic land investment site is close to Greenhithe, Kent. On successful November / December 2010allocation of the site for residential use, it is projected that the plot owners will enjoy Consultation on draft Core Strategy Documentin excess of 38% net returns over an 18 month period. This equates to approximately25% annualised return. March 2011 Core Strategy Public ExaminationSite and Location April to September 2011 Prepare formal application for planning permissionThe Greenhithe Strategic Development Area lies within the built up area of Knockhallto the south east of Greenhithe. The site consists of a small bowling green and pavil- September 2011ion that is still in use, a large area of overgrown redundant car parking and a derelict Adoption of the Core Strategyfootball club pavilion and pitch that was formerly the privately owned Empire Sports October 2011Ground but which has not been used for several years. The site lies within a predomi- Submission of the application permissionnantly residential area characterised by two storey terraced housing. An existing largerecreational ground with children’s play equipment and formal sports pitch lies im- Early 2012mediately to the north of the site. Proposed date for the application to achieve permission Mid 2012Planning Report Forecasted sale of the siteThe Local Plan adopted in April 1995 is now out of date but the Secretary of Statesaved a number of Adopted Local Plan policies beyond September 2007 until such Site Factstime that the Local Development Framework (LDF) is adopted. The site is identified Total investment: £57,600on the Proposals Map as within the existing built up area but there are no specifichousing or open space allocations relating to the site. Timeline: Approximately 18 months Total expected return: £75,000 and aboveThe Core Strategy is currently at Pre-submission stage. A Pre-submission Core Strat-egy Document was published for public consultation on the 2nd September 2010 for Approx size: 300 sqma six-week period running until the 14th October 2010. It is expected that the Core Region: Dartford, KentStrategy will be submitted to the Secretary of State in November 2010, with Examina-tion then expected in March 2011 and formal Adoption in September 2011. Tenure: FreeholdThe Core Strategy Submission Draft Document at Policy CS10 sets out key locations • M25 Junction—2 milesfor residential development to address the 17,340 new dwellings target and these • London City Airport—10 milessites include Eastern Quarry to the south of the site. Policy CS4 promotes a chain of • Dartford Tunnel—3.8 milesdistinctive and individual but linked communities, existing and new within the Priority • Dartford Centre—4.7 milesArea. The Policy also promotes the making of existing open spaces including Cray-lands Gauge publically available, which would provide improved and direct links be- • Ebbsfleet International Railway Station—2.7 milestween the site and Craylands Lane area to the east, and Eastern Quarry to the south. • Greenhithe Train Station—1 mileAerial Map Company Details SJ Capital Group 1st Floor Sandton City Office Tower 158 Fifth Street Sandton Johannesburg 2146 South Africa Tel: +27 (0)11 303 8800 Fax: +27 (0)11 303 8808 Ground Floor, South Wing 2 Cranbrook Crescent La Lucia Ridge, Durban 4019 South Africa Tel: +27 (0)31 566 5552 Fax: +27 (0)31 566 5221This document is provided for the purpose of information only. The opinions expressed here represent the views of SJ Capital Group at the time of preparation and should not be interpreted as investment advice. Theinformation and opinions contained in the document are recorded and expressed in good faith and in reliance on sources believed to be reliable. However, no representation, warranty, undertaking or guarantee ofwhatever nature is made or given concerning the accuracy and/or completeness of such opinions. Any investment is speculative and involves significant risks and in making any investment decision, you will rely solelyon your own review and examination of the facts and the records relating to such investment. The contents of this document are based on current legislation which may be subject to change. SJ Capital Group shallhave no liability of whatever nature in respect of any claim, damages, loss or expense arising out of or in connection with the reliance by you, on the contents of this documents.
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