Showing posts with label Humphry Davy House. Show all posts
Showing posts with label Humphry Davy House. Show all posts

Wednesday, September 5, 2018

News: Detailed flats plan for former uni building

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A detailed planning application for a long-vacant building in Rotherham shows how the future use is set to be as residential, but it came close to becoming bought by a religious organisation who wanted to use it for educational purposes.

Rothbiz reported in July that the long leasehold interest of Humphry Davy House at Manvers had been acquired for an undisclosed sum by The Investment Room.

The 45,460 sq ft property on Golden Smithies Lane was built for the University of Sheffield in the late 1990's and was previously home to its School of Nursing and Midwifery.

Having been refused on permitted development rights, full planning permission is now being sought for the conversion and extension of the existing building to create 109 flats.

Plans, put together by JR Planning, show that 48 would be studio flats, 52 would be 1-bed flats and 9 would be 2-bed flats and that the proposed extension would be located to the west of the main building and would be constructed to ensure it had an external appearance to match that of the existing. 145 car parking spaces are also proposed.

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Despite being in an area allocated as industrial use, the previous use by the University is agreed to be D1 (non-residential institution) rather than a B1 (business) usage.

After the university pulled out of a tender process, the last intake of Midwifery Studies degree students was in July 2006 and the building went up for sale a year later. It has been vacant ever since.

The applicant's evidence shows the building has been marketed since 2007 but there has been little appetite for commercial or office use.

Mike Hull, managing director of the agents, SMC, said in support of the application: "The property went on the market just before the global economic crisis and shortly after Enterprise Zone status ended. There was a catastrophic collapse in demand for offices in the Dearne Valley which had previously been buoyed by EZ status. There were cases were offices previously valued at several millions of pounds were being sold by receivers for hundreds of thousands of pounds.

"Market values have still not recovered to anything like pre-recession levels and demand for office buildings of this size is weak at this location."

The application also includes details on interested parties looking to take on the building. This included the bidders hoping to open a university centre in the Dearne Valley which ultimately failed to secure Government funding.

The closest the agents came to a deal was in 2014 when an unnamed religious organisation submitted a "serious offer" in order to use the site as a private school but the deal failed due to issues with securing the freehold.

The residential application concludes: "The current application represents an opportunity to make a positive contribution to the delivery of new housing in the area and would also allow for the productive re-use of a building which presently detracts from the sense of vitality in the area."

Adjacent to the Dearne Valley College Campus, the site was previously occupied by the National Coal Board. Humphry Davy was a British chemist best known for his experiments in electro-chemistry and his invention of a miner's safety lamp.

Investment Room website

Images: Investment Room / JR Planning / Silkstone Environmental

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Thursday, July 26, 2018

News: Long-vacant Rotherham building sold

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The long leasehold interest of Humphry Davy House in Rotherham has been acquired with residential conversion in mind.

The 45,460 sq ft property was built for the University of Sheffield at Manvers in 1998 and was previously home to its School of Nursing and Midwifery.

Rothbiz reported first in February that a planning application had been submitted signalling prior notification for the proposed change of use from an office use to dwellinghouses.

The property has now been bought for an undisclosed sum by The Investment Room.

Barnsdales acted for the buyers with SMC acting for the university.

Jason Barnsdale, director at Barnsdales, said: "This has been a long and complicated deal which we have worked on for many months, the acquisition is one of many offices we have acquired for permitted development to residential use for a number of clients over the last 18 months and our clients are keen to find other similar opportunities."

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The Investment Room is an independent property investment company with offices at Stocksbridge in Sheffield. It offers cash investors an extensive portfolio of rental property in the Yorkshire area. Its sister company is The Lettings Room Ltd.

Humphry Davy House is already being offered to investors with 109 apartments at £8.2m with a potential annual rental income of £784,800, an estimated yield of 9.6%.

The conversion is set to create five studio apartments, 99 one beds and five two beds, all newly built to a high standard.

The new owners will need to secure planning permission after Rotherham Council refused the initial prior notification application, stating that it did not include any supporting evidence regarding its use (or lack thereof) over the last ten years.

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Adjacent to the Dearne valley College Campus, the site was previously occupied by the National Coal Board. Humphry Davy was a British chemist best known for his experiments in electro-chemistry and his invention of a miner's safety lamp.

After the university pulled out of a tender process, the last intake of Midwifery Studies degree students was in July 2006 and the building went up for sale a year later. It has been vacant ever since.

The Investment Room website

Images: SMC

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Thursday, February 22, 2018

News: Flats plan for empty uni building

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Vacant for ten years, a large University of Sheffield building in Rotherham could be converted into housing, under new plans.

Humphry Davy House was built for the university at Manvers, Rotherham in 1998 and was previously home to its School of Nursing and Midwifery. Totalling 45,460 sq ft, it comprises of an imposing academic building constructed over ground and three upper floors. It is situated opposite to the main campus of Dearne Valley College.

Now a planning application has been submitted signalling prior notification for the proposed change of use from an office use to dwellinghouses.

Prior approval means that a developer has to seek approval from the local planning authority that specified elements of the development are acceptable before work can proceed.

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The applicant is Barnsley-based lettings and management service provider, The Lettings Room Ltd.

Currently set out with offices, teaching areas and an open plan library, the plans, drawn up by RJF Designs, show that the building could be converted into 109 units - one bedroom studios and flats across all the floors.

The School of Nursing and Midwifery was established in 1995, following the integration of Sheffield and North Trent College of Nursing and Midwifery into the University. It operated from Humphry Davy House and Samuel Fox House and Bartolomé House in Sheffield.

In 2004, the South Yorkshire Strategic Health Authority (SYSHA) went out to open tender for midwifery and nursing programmes with the University being offered 50% of the new contract, with the other 50% offered to another higher education institution. The University was unable to accept the offer on financial and operational grounds.

Once with a reported 4,000 students, the last intake of Midwifery Studies degree students was in July 2006 and the building went up for sale a year later.

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Agents, SMC Chartered Surveyors is now listing the property, which is on a long-leasehold until 2122, as being under offer.

The site was previously occupied by the National Coal Board.

Humphry Davy was a British chemist best known for his experiments in electro-chemistry and his invention of a miner's safety lamp.

Images: SMC Chartered Surveyors

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