Investment Opportunity

Our latest strategic land investment site is close to Greenhithe, Kent. On successful

allocation of the site for residential use, it is projected that the plot owners will enjoy

in excess of 38% net returns over an 18 month period. This equates to approximately

25% annualised return.

Site and Location

The Greenhithe Strategic Development Area lies within the built up area of Knockhall

to the south east of Greenhithe. The site consists of a small bowling green and pavil-

ion that is still in use, a large area of overgrown redundant car parking and a derelict

football club pavilion and pitch that was formerly the privately owned Empire Sports

Ground but which has not been used for several years. The site lies within a predomi-

nantly residential area characterised by two storey terraced housing. An existing large

recreational ground with children’s play equipment and formal sports pitch lies im-

mediately to the north of the site.

Planning Report

The Local Plan adopted in April 1995 is now out of date but the Secretary of State

saved a number of Adopted Local Plan policies beyond September 2007 until such

time that the Local Development Framework (LDF) is adopted. The site is identified

on the Proposals Map as within the existing built up area but there are no specific

housing or open space allocations relating to the site.

The 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

a six-week period running until the 14th

October 2010. It is expected that the Core

Strategy 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.

The Core Strategy Submission Draft Document at Policy CS10 sets out key locations

for residential development to address the 17,340 new dwellings target and these

sites include Eastern Quarry to the south of the site. Policy CS4 promotes a chain of

distinctive and individual but linked communities, existing and new within the Priority

Area. The Policy also promotes the making of existing open spaces including Cray-

lands Gauge publically available, which would provide improved and direct links be-

tween the site and Craylands Lane area to the east, and Eastern Quarry to the south.

Total investment: £57,600

Timeline: Approximately 18 months

Total expected return: £75,000 and above

Approx size: 300 sqm Region: Dartford, Kent

Tenure: Freehold • M25 Junction—2 miles • London City Airport—10 miles • Dartford Tunnel—3.8 miles • Dartford Centre—4.7 miles • Ebbsfleet International Railway Station—2.7 miles • Greenhithe Train Station—1 mile

SJ Capital Group

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Tel: +27 (0)11 303 8800

Fax: +27 (0)11 303 8808

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This 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. The

information 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 of

whatever 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 solely

on 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 shall

have 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.

Company Details

Site Facts

STRATEGIC LAND INVESTMENT

Greenhithe, Kent, UK

Timelines

Aerial Map

November / December 2010

Consultation on draft Core Strategy Document

March 2011

Core Strategy Public Examination

April to September 2011

Prepare formal application for planning permission

September 2011

Adoption of the Core Strategy

October 2011

Submission of the application permission

Early 2012

Proposed date for the application to achieve permission

Mid 2012

Forecasted sale of the site

Greenhithe Site Map