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WARRANTY HOUSE LONDON NW10

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Page 1: WARRANTY HOUSE - Prolific Investment & Development Agentskingsbury-consultants.co.uk/wp-content/uploads/... · DEVELOPMENT The proposals comprise a mixed use scheme providing 136

WA R R A NT Y HOUSE

WARR ANTY HOUSE

LONDON NW10

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WA R R A NT Y HOUSE

CGI’s of proposed scheme

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WA R R A NT Y HOUSE

EXECUTIVE SUMMARY

A 0.68 hectares (1.7 acres) site on the borders of Willesden and Dollis Hill, close to Gladstone Park.

Planning permission for 136 residential apartments (108 private, 9 intermediate and 19 affordable rent) with a total net saleable area of 9,675 sq m (104,141 sq ft), and a 579 sq m (6,232 sq ft) commercial unit

(Use Classes D1/A1/A3).

Excellent transport links, being situated between Neasden (400 metres west) and Dollis Hill (400

metres east) London Underground stations, which provide Jubilee Line services.

For sale freehold.

An except ional opport unit y to deliver 136 resident ial apartment s in the heart

of north west London

CGI’s of proposed scheme

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WA R R A NT Y HOUSE

LOCATION

Warranty House, Dudden Hill Lane is situated in Dollis Hill, north west London, in the London Borough of Brent. It is located

between the vibrant neighbourhood of Willesden Green and Wembley, one of

London’s most exciting regeneration areas. The Property is approximately 8km (5 miles) from the West End and 10km (6 miles) north

west of the City of London.

Dudden Hill Lane runs north from High Road, Willesden Green, along which are a variety of independent cafés, bars and restaurants as

well as convenience retail amenities. Less than 1km to the west are a Tesco superstore and

IKEA Brent Park. The London Designer Outlet, which has more than 50 retailers, numerous

dining-out options and a nine screen cinema is at Wembley, approximately 2.5km to the

west. Wembley also hosts burgeoning artisan street markets, community activities and food festivals. Brent Cross Shopping Centre, which

has more than 120 shops along with cafés, bars and restaurants and is set to expand as part of a wider regeneration of the area, is

2.5km to the north east.

Gladstone Park, which is just 350 metres east of the site, provides extensive green open space, formal gardens and sports facilities.

1km to the south is Roundwood Park, another attractive public open space.

The site has very good access to transport links, being situated between Neasden (400 metres west) and Dollis Hill (400 metres east) London Underground stations, both of which provide Jubilee line services. Journey times direct from Dollis Hill to the West End are

approximately 14 minutes (Bond Street), to London Bridge approximately 23 minutes,

to Canary Wharf 30 minutes and to The City 29 minutes (Moorgate changing at Baker

Street) (Source: Tfl.gov.uk). A number of bus services operate outside the entrance to the site including the 226 to Golders Green and the 302 to Mill Hill. Dudden Hill Lane (A4088)

continues 800m to the north west to a junction with The North Circular Road (A406) which

provides routes around London. Access to the national motorway network is approximately 2km (1.25 miles) to the north at junction 1 of

the M1.

Warrant y Hou se i s located between the vibrant neighbourhood of Willesden Green

and Wembley, one of London’s most excit ing regenerat ion area s.

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REGENT’SPARK

PRIMROSE HILL

HYDEPARK

KENSINGTONSHEPHERD’S

BUSH

ACTON

WEMBLEY

CHISWICK

HEATHROWAIRPORT

CHELSEA

FULHAM

WIMBLEDON

RICHMOND

PUTNEY HEATH

KINGSTONUPON THAMES

BRENTFORD

TWICKENHAM

HAMPTON

WANDSWORTH

WATERLOOCANARYWHARF

WOOLWICH

CITY OFLONDON

WEST END

GREENPARK

WIMBLEDONCOMMON

WIMBLEDONPARK

CLAPHAMCOMMON

RICHMONDPARK

BUSHYPARK

HAM HOUSE GARDENS

HAMPTONCOURT PARK

NOTTINGHILLWHITE

CITY

SOUTHWARK

HIGHBURY &ISLINGTON

STOKENEWINGTON

HACKNEYDALSTON STRATFORD

EPPINGFOREST

CAMDENTOWN

King’s Cross St Pancras International

HAMPSTEADHOLLOWAY

HIGHGATE

PADDINGTON

MARYLEBONE

KNIGHTSBRIDGE

BATTERSEAPARK

BURGESSPARK

GREENWICHPARK

VICTORIAPARK

HACKNEYMARSH

CLISSOLDPARK

FINSBURYPARK

HIGHBURYFIELDS

HAMPSTEADHEATH

BRENTRESERVOIR

GLADSTONEPARK

ROUNDWOODPARK

Sloane SquareSouth Kensington

Earls Court

Victoria

Waterloo

Liverpool Street

LondonBridge

Green Park

Oxford CircusPaddington

KnightsbridgeRoyal

Albert Hall

Bank

High StreetKensington

Notting Hill Gate

White City

Ladbroke Grove

Euston Square

Camden Town

Maida Vale

Swiss Cottage

East Finchley

St John’s Wood

West Hampstead

Hampstead

Edgware Road

Hammersmith

Chiswick Park

GATWICKAIRPORT

Southwark

Bermondsey

Mile End

Canary Wharf North GreenwichBorough

Elephant & Castle

Vauxhall

Canada Water

South Hampstead

Battersea Park

Clapham Junction

Wandsworth Town

Putney

Barnes

London Bridge

East Acton

Willesden Junction

Queen’s Park

Willesden Green

NeasdenWembley Stadium

Wembley Central

WEMBLEY PARK

Dollies Hill

WA R R A NT Y HOUSE

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WA R R A NT Y HOUSE

Site boundary indicative only

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WA R R A NT Y HOUSE

DESCRIPTION

The site extends to approximately 0.68 hectares (1.7 acres). The land slopes away from Dudden Hill Lane by almost 10 metres at the western point. Much of the site is bounded by vacant land separating the site from railway lines. At the eastern boundary part of the site fronts, and provides access to, Dudden Hill Lane.

Immediately adjacent and also fronting Dudden Hill Lane is an Esso petrol filling station.

The site comprises Warranty House, a two storey office building and car park which fronts Dudden

Hill Lane. To the rear of Warranty House is a large area of hard standing / yard that has been used as a coach park. The remainder of the site is occupied by a garden centre and nursery. The

required notices have been served for vacant possession in April 2018.

Site boundary indicative only

44.8m

48.0m

WOODMANS GROVE

MP 6.75

MP5SL

Nursery

Poplar Court

35to

40

Lodge

25 to30

Court

BeechEl Sub Sta

35

1 to 9Aspen Court

65

1 to 6

Sycamore

1 to 9

19 to24

Warranty

Lodge

Garage

51

33

63

1 to 8

15 to18

Violet1 to 8

41to

46

House

53

0m 10m 20m 30m

Ordnance Survey © Crown Copyright 2017. All rights reserved.Licence number 100022432. Plotted Scale - 1:1250

NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office.© Crown copyright licence number 100022432 Savills (UK) Ltd.NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

N

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WA R R A NT Y HOUSE

TOWN PLANNING

The site falls under the jurisdiction of the London Borough of Brent. The buildings on site are not statutorily or locally listed

and the site is not located in a Conservation Area.

Planning permission (ref 16/4010) was granted on 25th July 2017 for:

“Proposed demolition of all existing buildings and construction of part five / part six / part seven / part eight /

part nine storey buildings comprising 136 residential units (Use Class C3, comprising of 42 x 1 bed, 56 x 2 bed and 38 x 3 bed

flats) and community/retail floorspace (Use Classes D1/A1/A3); related lower ground car park comprising 44 car parking

spaces; cycle parking, vehicular access; footways; landscaping; plant and associated works.”

A subsequent application (ref 17/3476) made under Section 96a (non material amendment) has been submitted which

makes small changes to the floor plans for fire safety, Mechanical and Electrical and Structural requirements, and

further advances the layouts.

Applications to discharge conditions 13, 15 and 19 have been submitted for approval.

Section 106 and CIL

The Section 106 Agreement holds for the provision of 19 residential units for Affordable Rent and 9 for Intermediate

Housing. A CIL Liability Notice issued by the Local Authority states the development is liable for £3,901,061.57, however,

this does not take into account the relief that it may be possible to claim for the affordable housing floorspace.

CGI’s of proposed scheme

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WA R R A NT Y HOUSE

PROPOSED DEVELOPMENT

The proposals comprise a mixed use scheme providing 136 residential apartments and a 576 sq m (6,200 sq ft) GIA

commercial unit (D1/A1/A3 Use Class). The average apartment size is 71.1 sq m (766 sq ft) and we anticipate that a majority of them could qualify for the ‘Help to Buy’ equity loan mortgage initiative. This provides eligible buyers with a government loan of up to 40% of the value of a home, with a maximum purchase

price of £600,000.

The scheme is arranged across four buildings, which range from four storeys to nine storeys. The buildings are set within

a landscaped area that includes a series of communal amenity spaces, woodland areas and children’s play areas. The setting

of the site results in generous separation distances from surrounding buildings and, with the existing mature trees, will

provide privacy for future residents. Along with these attractive shared spaces, all units will benefit from private balconies or terraces. Residents in many apartments will enjoy excellent

views of Wembley Stadium to the north west, Gladstone Park to the north east and back towards central London.

A lower ground level extends beneath much of the proposed built footprint and provides car parking, with access gained off Dudden Hill Lane via a ramped access which makes use of the existing site access and natural gradient of the site. This area provides 44 parking spaces of which 36 will be for residents

use, four staff only spaces for the commercial unit, two visitor spaces and two car club spaces.

Residential NSA

Total Average

Sq M Sq Ft Sq M Sq Ft

Private Sale 7,640 82,244 70.7 761

Intermediate 612 6,588 68.0 732

Affordable Rent 1,423 15,318 74.9 806

Total 9,675 104,151 71.1 766

Apartment Mix

1 Bed 2 Bed 3 Bed Total

Private Sale 35 45 28 108

Intermediate 3 4 2 9

Affordable Rent 4 7 8 19

Total 42 56 38 136

Scheme GIA

BLOCK Sq M Sq Ft

A 3,553 38,244

B 2,975 32,023

C 3,933 42,334

D 1,933 20,807

Parking 1,172 12,615

Plant 455 4,898

Total 14,021 150,921

The buildings are set within a land scaped area that includes a ser ies of communal amenit y spaces,

woodland area s and children’s play area s.Along with these at t ract ive shared spaces, all unit s will

benef it f rom private balconies or terraces.

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WA R R A NT Y HOUSE

VAT

The property is not elected for VAT.

METHOD OF SALE & TENURE

The property is for sale freehold and will be sold by way of informal tender (unless sold prior).

DATAROOM

Further information, including a legal pack, can be found on the following website:

www.duddenhilllane.com

CGI’s of proposed scheme

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WA R R A NT Y HOUSEWA R R A NT Y HOUSE

CGI’s of proposed scheme

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WA R R A NT Y HOUSE

CONTACTS

Savills UK

Darren Arnold 020 7409 9926

[email protected]

Sean Cooper 020 7409 9948

[email protected]

Kingsbury

Ross Kemp 020 7183 2529

[email protected]

Keir Goldstein 020 7183 2529

[email protected]

Important Notice

Savills and their client 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 | October 2017