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THE OLD SCHOOL 1 50 BROOK GREEN LONDON W6 7BJ A UNIQUE DEVELOPMENT OPPORTUNITY IN PRIME WEST LONDON THE OLD SCHOOL

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Page 1: 50 BROOK GREEN - bulkloader.prd.pl.artirix.com.s3 ...bulkloader.prd.pl.artirix.com.s3.amazonaws.com/02e... · a series of attractive Victorian former school buildings benefitting

THE OLD SCHOOL

1

50 BROOK GREENLONDON W6 7BJ

A UNIQUE DEVELOPMENT OPPORTUNITY IN PRIME WEST LONDON

THE OLD SCHOOL

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THE OLD SCHOOL

2

A rare opportunity to acquire a series of attractive Victorian

former school buildings benefitting from Permitted

Development Rights to deliver 40 private residential units

in one of West London’s most established addresses

BLOCK 2 MAIN ENTRANCE

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THE OLD SCHOOL

E X E C U T I V E S U M M A RY

An exceptional development opportunity set in an attractive residential location

overlooking Brook Green.

Existing office accommodation within 4 buildings, extending to approximately

2,953sq m (31,781sq ft) GIA.

Site extends to a total of 0.31 hectares (0.77 acres), including the 0.11 hectare (0.27 acre)

shared access road.

Permitted Development rights for the conversion of the existing office buildings to 40 private

residential units, secured at appeal under three separate permissions.

Total proposed residential net saleable area (NSA) of 2,163 sq m (23,280 sq ft).

Potential to implement the existing Permitted Development consent, or review alternative uses,

subject to obtaining the necessary consents.

Freehold for sale.

AERIAL IMAGE OF SITE LOOKING NORTH Not to scale - for indicative purposes only.

3

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THE OLD SCHOOL

4

L O CAT I O N

Brook Green is a long established and affluent area of West London that takes its name from

the tree-lined, public park at its centre.

� Predominately residential neighbourhood with access to a wide range of local amenities.

� Excellent transport links, providing relatively easy access to the rest of London and beyond.

� Convenient selection of shops, bars and restaurants along the neighbouring Blythe, Shepherds Bush and Hammersmith Roads.

� More comprehensive retail offering on nearby Kensington High Street, Hammersmith town centre and Shepherds Bush.

� Kensington High Street is one of West London’s principal retail destinations, offering a wide range of international brands including Urban Outfitters, Zara, H&M and Whole Foods Market.

� Less than 1 mile from Westfield London, which is now Europe’s largest shopping centre and will be around 2,600,000 sq ft with 450 individual outlets, including an newly opened John Lewis department store, once the current extension is completed.

BROOK GREEN

THE OLD SCHOOL

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THE OLD SCHOOL

KENSINGTON OLYMPIA

NOTTINGHILL GATE

NOTTINGHILL

QUEENSWAY

BAYSWATER

HOLLAND PARK

HIGH STREET KENSINGTON

BARONS COURT

WEST BROMPTON

EARL'S COURT

GLOUCESTER ROAD

HAMMERSMITH

GOLDHAWK ROAD

SHEPHERD'S BUSH MARKET

WHITE CITY

STAMFORD BROOKTURNHAM GREEN

RAVENSCOURT PARK

SHEPHERD’SBUSH

A3218

315A

KENSINGTON HIGH ST

A315

A219

A21

9

BAYSWATER RD

A42

06

A4

2

0 4

NO

RT

H END RD

KING STCHISWICK HIGH ST

CA

STEL

NA

U

A315

PAD

DEN

SWIC

K RD

DA

LLING

RD

CH

ISW

ICK LN

THE

AV

EN

UE

GOLDHAWK ROAD

THE VALE UXBRIDGE RD

OLD

OA

K R

D

B408

WO

OD

LN

LAD

BROO

K GRO

VE

A3220

A3220

A3220

A3320

A3320

GREAT WEST ROAD

A4

W CROMWELL R

D

CROMWELL RD

KENSINGTON

HOLLANDPARK

WHITE CITY

WEST BROMPTON

SHEPHERD’SBUSH

SHEPHERD’SBUSH

GREEN

EASTACTON

HAMMERSMITH

CHISWICK

EARLSCOURT

HOLLANDPARK

WESTFIELD LONDON

SOHO HOUSE

LOFTUS ROAD

CHARING CROSSHOSPITAL

THE QUEEN’S CLUB

02 EMPIRE

OLYMPIA LONDON

PRINTWORKSHEALTH CLUB

& SPA

HAMMERSMITHAPOLLO

KENSINGTONPALACE

RAVENSCOURTPARK BROOK

GREEN

BROOKGREEN

WESTKENSINGTON

RIVER THAMES

KENSINGTONGARDENS

VIRGIN ACTIVE

THE OLD SCHOOL

5

S I T UAT I O N

Not to scale - for indicative purposes only.

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THE OLD SCHOOL

KENSINGTON OLYMPIA STATION

8 mins (0.4 miles)

BARONS COURT STATION

9 mins (0.4 miles)

HAMMERSMITH STATION

10 mins (0.6 miles)

SHEPHERD’S BUSH STATION

17 mins (0.9 miles)

WESTFIELD LONDON

7 mins (1.1 miles)

HOLLAND PARK

8 mins (1.0 miles)

RAVENSCOURT PARK

10 mins (1.5 miles)

HYDE PARK

13 mins (1.8 miles)

The Old School benefits from excellent transport links,

with 8 underground Stations, 2 overground Stations and 9 bus routes within 1.5 km (0.9 miles) of the property.

KEY: OVERGROUND CENTRAL PICCADILLY CIRCLE HAMMERSMITH & CITY DISTRICTC O N N E C T I V I T Y

CLAPHAM JUNCTION14 mins

HEATHROW AIRPORT35 mins

HOLBORN14 mins

KING’S CROSS

26 mins

LIVERPOOL STREET

23 minsOXFORD CIRCUS11 mins

BAKER STREET19 mins

WESTMINSTER13 mins

MONUMENT28 mins

VICTORIA14 mins

HAMMERSMITH0.6 miles

BARONS COURT

0.4 miles

GREEN PARK 12 mins

KNIGHTSBRIDGE 8 mins

NOTTING HILL GATE6 mins

SHEPHERD’S BUSH0.9 miles

PADDINGTON11 mins

EALING BROADWAY15 mins

THE OLD SCHOOL

KENSINGTON (OLYMPIA)0.4 miles

6

Times displayed are the fastest direct journey times from either of the surrounding stations (Shepherd’s Bush, Kensington Olympia, Barons Court & Hammersmith).

All distances and times taken from Google Maps (www.google.co.uk/maps). Not to scale - for indicative purposes only.

THE OLD SCHOOL

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THE OLD SCHOOL

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OLYMPIA LONDON

HYDE PARK

THE CITY

KENSINGTON GARDENS

NOTTING HILL GATE

KENSINGTON OLYMPIA

BROOK GREEN

Not to scale - for identification purposes only. Site boundary indicative only.

CANARY WHARF

EARL’S COURT

EARL’S COURT REDEVELOPMENT

WEST KENSINGTON

HAMMERSMITH ROAD

BATTERSEA PARK

WESTMINSTER

HOLLAND PARK

KENSINGTON HIGH STREET

THE OLD SCHOOL

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THE OLD SCHOOL

BLOCK 2 (LEFT) & BLOCK 4 (RIGHT)

T H E O L D S C H O O L

The Old School is a collection of attractive, Victorian, former school buildings that are located

on the north side of Brook Green.

A more detailed breakdown of the accommodation is set out below:

BLOCK 1 SQ M (GIA) SQ FT (GIA)

Basement 180.79 1,946

Ground 216.31 2,328

Mezzanine 49.69 535

First 222.10 2,391

Second 222.79 2,398

TOTAL 891.68 9,598

BLOCK 2

Basement 3.44 37

Ground 571.18 6,148

First 412.20 4,437

Second 273.85 2,948

TOTAL 1,260.67 13,570

BLOCK 3

Ground 186.92 2,012

First 163.19 1,757

Second 122.84 1,322

TOTAL 472.95 5,091

BLOCK 4

Ground 206.14 2,219

First 121.14 1,304

TOTAL 327.28 3,523

COMBINED TOTAL 2,952.58 31,781

� In total, the property extends to approximately 0.28 hectares (0.70 acres) property extends to a total of 0.31 hectares (0.77 acres), including the 0.11 hectare (0.27 acre) shared access road.

� Four buildings arranged around a private access road and courtyard parking area.

� Pedestrian and vehicular access directly from Brook Green.

� The subject buildings were converted to office use in the early 1980s and have remained in this use ever since.

� Additional office building in seperate ownership, occupied by Charlotte Tilbury, shares the private access from Brook Green.

� The subject buildings comprise four blocks extending to approximately 2,953 sq m (31,781 sq ft) GIA in total, benefitting from 23 surface parking spaces.

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THE OLD SCHOOL

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E x i st i n g O ff i c e A c c o m m o d at i o n

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BLOCKS 2 & 3 VIEW OF THE SITE FROM BENEATH BLOCK 1

OXFORDGATE

GIRDLE

RSROAD

39

1to

11 9

45

13

13

49

1

Tudor HouseRC Church

13

2

51

12to

21

32

39

42

10

1

Aynh

oeM

ansio

ns

1

1 to 22Holy Trinity

10

33

57

7

Stua

rtHo

use

1 to

28

Balmoral House

3

50

54

41

55

55

42

Pres

byte

ry

34

WINDSOR WAY

4

1 to 23

1 to

28

5 Sand

ringh

amHo

use

15

22

36

29

42

23

S I T E T O W N P L A N N I N G

� The property falls within the jurisdiction of the London Borough of Hammersmith and Fulham.

� The buildings are not statutorily Listed, but are identified by the Local Authority as buildings of merit.

� The property is situated in the Brook Green Conservation Area.

� The existing use of the property falls under Class B1 of the Town & Country Planning (Use Classes) Order 1987.

� A borough-wide Article 4 Direction came into force on 26th April 2018, which restricts change of use from office to residential under Class O of the General Permitted Development Order 2015. It should be noted that this does not affect development where the prior approval was issued before 26th April 2018.

NOTE: Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100024244 Savills (UK) Ltd. NOTE: Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.N

THE OLD SCHOOL

T E N U R E & T E N A N C I E S

� The property is for sale freehold and is held under Title Number BGL33189 and BGL32245, shown edged orange on the site plan.

� The property is vacant with the exception of Block 1, which is occupied on the following basis:

BUILDING TENANT TERM RENT COMMENTS

BLOCK 1Jonathan David Burns Ford,

Karen Jayne Welman and Michael Raymond Branson

10 years expires

29/05/2020

£307,500 pa (determined at

review 04/12/2015)Inside LTA 1954

� The purchaser of The Old School will also receive 80% of the shareholding in 50 Brook Green Management Limited, which is the freeholder of the shared access road and other common parts (Title Number BGL3295), shown shaded green on the site plan. The remaining shares in this company are controlled by the owner of Block 5 who shares the access with The Old School.

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A N O U T STA N D I N G D E V E L O P M E N T O P P O R T U N I T Y

P ro p o s e d R e s i d e nt i a l A c c o m m o d at i o n

On 23 April 2018, three separate permitted development approvals were granted at appeal for the change of use of the

property from office to residential to provide a total of 40 private residential units, plus 19 car parking spaces.

NET SALEABLE AREAS

BUILDING FLOOR STUDIO 1 BED 2 BED 3 BED TOTAL (BY BLOCK)

SQ M SQ FT SQ M SQ FT SQ M SQ FT SQ M SQ FT SQ M SQ FT

Block 1 LG, G, 1 & 2 - - 245 2,635 204 2,195 129 1,388 578 6,218

Block 2 G, 1 & 2 58 624 536 5,773 349 3,753 - - 943 10,150

Block 3 G, 1 & 2 - - 368 3,956 - - - - 368 3,956

Block 4 G & 1 - - 275 2,956 - - - - 275 2,956

TOTAL (BY UNIT TYPE) 58 624 1,423 15,320 553 5,948 129 1,388 2,163 23,280

UNITS

BUILDING FLOOR STUDIO 1 BED 2 BED 3 BEDTOTAL

(BY BLOCK)

Block 1 LG, G, 1 & 2 - 5 3 1 9

Block 2 G, 1 & 2 2 11 5 - 18

Block 3 G, 1 & 2 - 8 - - 8

Block 4 G & 1 - 5 - - 5

TOTAL (BY UNIT TYPE) 2 29 8 1 40

These are summarised below:

� Block 1: “Change of use from office (Class B1) into 9 self-contained flats (5 x 1 bed, 3 x 2 bed, and 1 x 3 bed) Class C3.” (LBHF Ref: 2017/03194/PD56 / Appeal Ref: APP/H5390/W/17/3187381)

� Block 2-3: “Change of use from office (Class B1) into 26 self-contained flats (21 x 1 bed and 5 x 2 bed) Class C3.” (LBHF Ref: 2017/03196/PD56 / Appeal Ref: APP/H5390/W/17/3187382)

� Block 4 : “Change of use from office (Class B1) into 5 self-contained flats (5 x 1 bed) Class C3.” (LBHF Ref: 2017/03197/PD56 / Appeal Ref: APP/H590/W/17/3187384)

The new scheme provides a total of 19 car parking spaces and 50 cycle spaces. In accordance with the planning conditions, occupants of the development will be prevented from applying residents parking permits for the surrounding area.

The proposed development will not be liable for any CIL, Section 106 contributions or affordable housing.

NB: The site benefits from prior approval for an alternative scheme, also secured at appeal on 23 April 2018 under three separate applications (Ref: 2017/04136/PD56, 2017/04141/PD56 & 2017/04142/PD56). The proposals are identical, expect for alternative, reduced car parking provision and an altered access arrangement.

THE OLD SCHOOL

VIEW OF THE SITE LOOKING WEST

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1 2

SVP

SV

P

UNIT 12.02

SV

P

UNIT 12.03UNIT 12.01

SV

P

STAIRS

LIFTCORRIDOR

UP

BEDROOM

BEDROOM BEDROOM

BEDROOM

UP

LIFTCORRIDOR

SVP

UNIT 00.01

STORE

BEDROOM

STAIRS

LIFTCORRIDOR

UP

UP

UP

SV

P

UNIT 10.01

UNIT 10.02

SVP

BEDROOM

BEDROOM

BEDROOM

UP

BEDROOM

BEDROOM

B L O C K 1

B L O C K 1

B L O C K 1

B L O C K 1

BASEMENT (1 UNIT)

GROUND & MEZZANINE FLOOR (2 UNITS)

N

N

FIRST FLOOR (3 UNITS)

SECOND FLOOR (3 UNITS)

STAIRS

LIFTCORRIDOR

UP

UP

SVP

SV

P

UNIT 11.02

SV

P

UNIT 11.03UNIT 11.01

SV

P

BEDROOM

BEDROOM BEDROOM

BEDROOM

N

N

KEY: STUDIO 1 BED 2 BED 3 BED

THE OLD SCHOOL

Pri

vate

Acc

ess

Roa

d

P R O P O S E D F L O O R P L A N S

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B L O C K 2 & 3

B L O C K 2 & 3

B L O C K 2 & 3

SECOND FLOOR (6 UNITS)

FIRST FLOOR (9 UNITS)

GROUND FLOOR (11 UNITS)

UNIT 20.08

UNIT 20.04 UNIT 20.02

UNIT 20.05UNIT20.03

UNIT 20.01

UNIT 30.03

UNIT 30.02

UNIT 30.01

UNIT 20.06

UNIT 20.07

BEDROOM

BEDROOM

BEDROOM BEDROOM

BEDROOM

BEDROOM

BEDROOM

BEDROOM

BEDROOM

BEDROOM

BEDROOMBEDROOM

SVP

boiler +washerdryer

SVP

boiler +washerdryer

STORE

SVP

SV

P

FB

SV

P

SV

P

SV

P

SV

P

BEDROOM

BEDROOMBEDROOM

BEDROOM

BEDROOM

BEDROOM

BEDROOM

BEDROOM

BEDROOM

BEDROOM

UNIT

Ground Floor Roof

21.02

UNIT 21.03

UNIT 21.04

UNIT 21.06

UNIT 21.05

UNIT 31.01

UNIT 31.02

UNIT 31.03

UNIT 21.01

Ground Floor Roof

First Floor Roof

First FloorRoof

First FloorRoof

SVP

UNIT 32.01

UNIT 22.03

UNIT 22.02

UNIT 22.04

UNIT 22.01

STORE

SVP

SV

P

SV

P

SVP

boiler +washerdryer

UNIT 32.02

SVP

boiler +washerdryer

BEDROOM BEDROOM

BEDROOM

BEDROOM

BEDROOM

BEDROOM

BEDROOM

N

N

N

THE OLD SCHOOL

Private Access Road

KEY: STUDIO 1 BED 2 BED 3 BEDP R O P O S E D F L O O R P L A N S

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VIEW OF THE SITE LOOKING WEST

SVP

SVP

UNIT 40.01

UNIT 40.02

UP

UNIT 40.03

SVP

BEDROOM BEDROOM

BIKE STORE(5no.)

BEDROOM

UP

UP

SVP

SV

P

UNIT 41.02

UNIT 41.01

BEDROOMBEDROOM

B L O C K 4

B L O C K 4

GROUND (3 UNITS)

FIRST FLOOR (2 UNITS)

P R O P O S E D F L O O R P L A N S

KEY: STUDIO 1 BED 2 BED 3 BED

N

N

THE OLD SCHOOL

Private Access Road

All floor plans are not to scale - for indicative purposes only.

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THE OLD SCHOOL

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S E RV I C E S

The property is connected to mains water, gas and drainage, although these have not been tested. It will be the responsibility of the

purchaser to determine whether the current supplies are adequate for their proposed use of the property following purchase.

E P C S

EPC ratings are C and D. Further information is available on the dedicated dataroom.

TA X AT I O N

The property is elected for VAT.

THE OLD SCHOOL

VIEW OF THE SITE LOOKING EAST ENTRANCE TO BLOCK 1

BLOCK 2 INTERIOR

BLOCK 4

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THE OLD SCHOOL

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M E T H O D O F S A L E

The property is to be sold by way of Informal tender (unless sold prior). A deadline for offers will be

provided in due course.

P R O P E R T Y V I E W I N G S

The property may be inspected strictly by appointment only through the

Vendor’s sole selling agents, Savills.

F U R T H E R I N F O R M AT I O N

A dedicated project data room has been set up and interested parties are able to register for login details at:

www.savills.com/50brookgreen

VIEW OF THE SITE LOOKING NORTH EASTBLOCK 4BLOCK 2 MAIN ENTRANCE

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THE OLD SCHOOL

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C O N TA C T S

ROBERT POLLOCK MRICS

[email protected] 7409 8114

HARRY WENT WORTH-STANLEY MRICS

[email protected] 7016 3873

JAMES DONGER MRICS

[email protected] 0207 016 3841

IMPORTANT NOTICE

Savills, their clients and any joint agents give notice that:

1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form

part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all

necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

Designed and Produced by Savills Marketing: 020 7499 8644

May 2018BLOCK 1

THE OLD SCHOOL

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