V
257 - 259 THE VALE ACTON, LONDON W3 7QS
PRIME RESIDENTIAL DEVELOPMENT OPPORTUNITY INVESTMENT SUMMARY
• Located in the popular West London suburb of Acton.
• Acton benefits from excellent transport links into Central London, which will be further enhanced by Crossrail (Elizabeth Line) scheduled to open in 2018.
• Prominent corner site located opposite Acton Park and 500m (0.3 miles) from Acton Central overground station.
• Planning permission granted (subject to completing S106 agreement) for a new build residential scheme, comprising 11 apartments and arranged over lower ground, ground and 4 upper floors.
• Scheme consisting of 2 x 1 bedroom, 7 x 2 bedroom and 2 x 3 bedroom apartments for open market sale.
• Proposed Net Saleable Area of 824.1 sq m (8,871 sq ft)
• Freehold with vacant possession.
• Offers invited, subject to contract.
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257-259 THE VALE, ACTON, W3 7QS 2 NORTH ACTON
OLD BANK COMMOM LN
LOCATION WEST ACTON HAMMERSMITH HOSPITAL ACTON MAIN LINE H N EAST ACTON A40 The site is located in the popular West London suburb of WESTWAY A40 Acton, within the London Borough of Ealing. It is well placed WESTWAY A40 LATIMER ROAD for access to Acton town centre as well as the neighbouring, WEST O WHITE ACTON L CITY affluent suburbs of Ealing, Chiswick, Shepherds Bush and D O WHITE CITY A Hammersmith. K
R EAST O ACTON A D
Positioned at the junction of The Vale and Vale Grove, the B ACTON CENTRAL 4 ACTON 0 site lies approximately 800m (0.5 miles) from Acton town 8 A4 020 centre. It is therefore conveniently located to benefit from Y LN THE VALE THE VALE UXBRIDGE ROAD a variety of bars, restaurants, independent and national V 257 - 259 THEVALE SHEPHERDS BUSH retailers, and other amenities that the area has to offer. Lying ACTON LANE SHEPHERDS opposite Acton Park, other leisure facilities can be found GUNNERSBUR BUSH MARKET along The Vale including The Park Club, Virgin Active West ACTON TOWN EMLYN WK ROAD B408 London and Acton Swimming Pool. THE GARDENS GOLDHA GOLDHAWK
AVENUE ROAD
SOUTH ACTON P Westfield London, London’s largest shopping centre, is A D D located approximately 2.7km (1.6 miles) to the east and E N S occupied by over 360 retailers, numerous restaurant outlets W ICK WK ROAD R and a 17 screen cinema. Westfield London is currently D undergoing a significant extension costing in excess of £1 A315 CHISWICK PARK TURNHAM GREEN GOLDHA billion that will add a further 740,000 sq ft of high quality RAVENSCOURT K HIG PARK retail space anchored by a John Lewis Department store. CHISWIC H RD CHISWICK HIGH RD
257-259 THE VALE, ACTON, W3 7QS 3 CONNECTIVITY CROSSRAIL (ELIZABETH LINE)
The area benefits from excellent public transport links from four London Underground Stations (East Acton, West Acton, North Acton and Acton Town) providing direct links to Central London and Heathrow via the Piccadilly, District and ACTON Central underground lines. EALING MAIN BOND TOTTENHAM LIVERPOOL BROADWAY LINE PADDINGTON STREET COURT ROAD FARRINGDON STREET WHITECHAPEL STRATFORD
Acton Central provides an additional direct Overland rail link with Richmond to the south and Euston to the north.
Acton is set to further benefit from the introduction of
Crossrail (Elizabeth Line), with services due to commence in CANARY WHARF 2018. Crossrail will provide a new high speed train services across London, including direct links to Heathrow Airport, Maidenhead, and Reading.
Road communications are also excellent with both the A406 (North Circular Road) and A40 providing access to the M25 and M40 motorways. CENTRAL LINE DISTRICT LINE BAKERLOO LINE CIRCLE LINE HAMMERSMITH & CITY LINE NORTHERN LINE METROPOLITAN LINE OVERGROUND JUBILEE LINE DLR
CROSSRAIL UNDERGROUND / OVERGROUND JOURNEY TIMES CONNECTIONS
Paddington 5 mins * 3 mins 2 mins Acton Central Station - Central Line
Bond Street 9 mins * 6 mins 6 mins South Acton Station - London Overground
Tottenham Court Road 10 mins * 7 mins 7 mins Acton Town Station - District & Northern Lines
Liverpool Street 16 mins * 9 mins 8 mins West Acton Station - Central Line
Heathrow T2/T3 17mins * 11 mins 8 mins North Acton Station - Central Line
* www.crossrail.co.uk Source: TFL Journey Planner
257-259 THE VALE, ACTON, W3 7QS 4 DESCRIPTION
The broadly rectangular site measures approximately 270 sq m (2,906 sq ft) and currently comprises a vacant 4 storey plus basement, commercial building together with an area of hard standing, the latter of which has most recently been used as a car wash.
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5 257-259 THE VALE, ACTON, W3 7QS 257-259 THE VALE, ACTON, W3 7QS 5 PLANNING
Officers have resolved to grant planning permission under delegated powers, subject to completion of the corresponding S106 agreement. The planning application submitted to the London Borough of Ealing (reference 163394FUL) is for:
Construction of a part five, part single-storey building with basement for eleven residential self-contained units (2 x one- bed, 7 x two-beds and 2 x three-beds) including associated cycle storage, refuse and amenity space (following demolition of existing buildings on site)
Whilst no affordable housing is proposed, residents of the new development would be prevented from applying for local parking permits. The draft s106 Agreement will also require financial contributions totalling £129,850.
The development is subject to Mayoral CIL requirements and the estimated liability including indexation is £29,825.
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5 257-259 THE VALE, ACTON, W3 7QS 257-259 THE VALE, ACTON, W3 7QS 6 A A PROPOSED ACCOMMODATION N N N
NSA NSA AMENITY 16.9 m² 16.0 m² UNIT FLOOR TYPE (SQ M) (SQ FT) SPACE 9.6 m² 17.7 m² 33.8 m² Frosted window 1 G / LG 3 bed 98.5 1,060 Garden 27.5 m² 2 G / LG 1 Bed 62.2 670 Garden
Metal balustrade. Frosted window 3 G / LG 1 Bed 65.3 703 Garden 1.1m height 7.8 m² INCOMING MAINS 4 G / LG 2 Bed 75.0 807 Garden
R Frosted window
5 1st 2 Bed 71.7 772 Winter HEAT Garden EXCHANGE
Frosted window
16.6 m² 6 1st 2 Bed 71.0 764 Winter 12..3 m² 15.3 m² Garden
9.0 m² Metal balustrade with 7 2nd 2 Bed 71.7 772 Winter angled louvres. 1.70m Metal balustrade with height with opaque angled louvres. 1.10m Garden glazed infil height
14.7 m² Fence over 1.70m 8 2nd 2 Bed 71.0 764 Winter from ground level
Garden GROUND LOWER GROUND FIRST A A 9 3rd 2 Bed 71.7 772 Winter Garden A A A 10 3rd 2 Bed 71.0 764 Winter N N N Garden
11 4th 3 Bed 95.0 1,023 Terrace
TOTALS 824.1 8,871 21.0 m²
9.6 m² 9.6 m² 12.1 m² 8.9 m² 1.1m high metal railing 33.8 m² Frosted window 33.8 m² Frosted window 27.5 m² 27.5 m²
42.5 m²
Metal balustrade. MetalFrosted balustrade window. Frosted window 1.1m height 1.1m height 7.8 m² 7.8 m² 1.1m high metal railing
Frosted window Frosted window
11.6 m² Frosted window Frosted window
16.6 m² 16.6 m² 15.3 m² 15.3 m²
Metal balustrade with Metal balustrade with angled louvres. 1.10m angled louvres. 1.10m height height SECOND THIRD FOURTH A A A
5 257-259 THE VALE, ACTON, W3 7QS 257-259 THE VALE, ACTON, W3 7QS 7 Adjoining Metal slated Fair-faced Ground level Glazing Frosted glass Slate finish structure balustrade brickwork
Adjoining Metal slated Fair-faced Ground level Glazing Frosted glass Slate finish structure balustrade brickwork
Balcony with glazing
Metal balustrade with angled louvres. 1.10m height
UNIPART
Frosted glass WEST ELEVATION WEST ELEVATION NORTH
This drawing is protected under Copyright and at no time should any portion of this drawing be reproduced or copied without the permission REV: DESCRIPTION BY: CHK: DATE: Notes: F O R P L A N N I N G P U R P O S E S O N L Y of The ArcAdjoininghitect (Design Copyright Act 1968). This drawing must not be Metal slated Fair-faced Address: Adjoining Metal slated Fair-faced used for purposes other than that for which it is provideGroundd. It is supp levellied 0 FIRST ISSUE AV NS 22.06.16 Glazing Frosted glass Slate finish Ground level Glazing Frosted glass Slate finish without liastructurebility for any errors or omissions and is subject to statutory A Updates followingbalustrade requests brickworkRM NS 28.06.16 The Vale Acton, London - structure balustrade brickwork consents. All drawings are to be read in conjunction with any relevant Drawing: specifications, consultant and specialist information. Drawings are to be B Elevation updated AV NS 04.07.16 scaled for planning application purposes only. All dimensions are to be C Elevation updated AV NS 31.10.16 Layouts: West Elevation checked on site by, and remain the rersponsibility of, the contractor. All This drawing is protected under Copyright and at no time should any 33 Newman Street, London, W1T 1PY, 0203 8707 262 , www.urbaninfill.co.uk discrepancies are to be brought to the attention of The Architect. Scale: 1:100 @A3 Drawing no: 0454 -PL- 221 Revision: C portion of this drawing be reproduced or copied without the permission REV: DESCRIPTION BY: CHK: DATE: Notes: F O R P L A N N I N G P U R P O S E S O N L Y of The Architect (Design Copyright Act 1968). This drawing must not be Address: used for purposes other than that for which it is provided. It is supplied 0 FIRST ISSUE AV NS 22.06.16 without liability for any errors or omissions and is subject to statutory A Elevation updated AV NS 04.07.16 The Vale Acton, London - consents. All drawings are to be read in conjunction with any relevant B Elevation updated AV NS 31.10.16 Drawing: specifications, consultant and specialist information. Drawings are to be scaled for planning application purposes only. All dimensions are to be Layouts: North Elevation checked on site by, and remain the rersponsibility of, the contractor. All 33 Newman Street, London, W1T 1PY, 0203 8707 262 , www.urbaninfill.co.uk discrepancies are to be brought to the attention of The Architect. Scale: 1:100 @A3 Drawing no: 0454 -PL- 222 Revision: B
Metal balustrade with Frosted glass angled louvres. 1.10m height
Metal balustrade with angled louvres. 1.10m height SOUTH ELEVATION SOUTH ELEVATION EAST
This drawing is protected under Copyright and at no time should any REV: DESCRIPTION BY: CHK: DATE: Notes: This drawing is protected under Copyright and at no time should any portion of this drawing be reproduced or copied without the permission F O R P L A N N I N G P U R P O S E S O N L Y portion of this drawing be reproduced or copied without the permission REV: DESCRIPTION BY: CHK: DATE: Notes: F O R P L A N N I N G P U R P O S E S O N L Y of The Architect (Design Copyright Act 1968). This drawing must not be Address: of The Architect (Design Copyright Act 1968). This drawing must not be Address: used for purposes other than that for which it is provided. It is supplied 0 FIRST ISSUE AV NS 22.06.16 used for purposes other than that for which it is provided. It is supplied 0 FIRST ISSUE AV NS 22.06.16 without liability for any errors or omissions and is subject to statutory A Updates following requests RM NS 28.06.16 The Vale Acton, London - without liability for any errors or omissions and is subject to statutory A Elevation updated AV NS 04.07.16 The Vale Acton, London - consents. All drawings are to be read in conjunction with any relevant Drawing: consents. All drawings are to be read in conjunction with any relevant Drawing: specifications, consultant and specialist information. Drawings are to be B Elevation updated AV NS 04.07.16 specifications, consultant and specialist information. Drawings are to be C Elevation updated AV NS 31.10.16 scaled for planning application purposes only. All dimensions are to be C Elevation updated AV NS 31.10.16 Layouts: South Elevation scaled for planning application purposes only. All dimensions are to be Layouts: East Elevation checked on site by, and remain the rersponsibility of, the contractor. All checked on site by, and remain the rersponsibility of, the contractor. All 33 Newman Street, London, W1T 1PY, 0203 8707 262 , www.urbaninfill.co.uk discrepancies are to be brought to the attention of The Architect. Scale: 1:100 @A3 Drawing no: 0454 -PL- 223 Revision: C 33 Newman Street, London, W1T 1PY, 0203 8707 262 , www.urbaninfill.co.uk discrepancies are to be brought to the attention of The Architect. Scale: 1:100 @A3 Drawing no: 0454 -PL- 224 Revision: B
5 257-259 THE VALE, ACTON, W3 7QS 257-259 THE VALE, ACTON, W3 7QS 8 TENURE
Freehold with vacant possesion.
Acacia House
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D 27 lmpress House NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller26 of H.M. Stationery Office. © Crown copyright licence number 100024244 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and
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although believed37 to be correct accuracy is not guaranteed.
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To be provided upon request.
5 257-259 THE VALE, ACTON, W3 7QS 257-259 THE VALE, ACTON, W3 7QS 9 THE OPPORTUNITY
• Prominent residential development opportunity in a popular West London suburb.
• Corner site benefitting from park views.
• Well positioned to benefit from excellent transport links, including Acton Central Station and Acton Main Line Station, the latter of which will benefit from Crossrail services (Elizabeth Line).
• Acton has witnessed significant growth in residential values in recent years.
• Offers invited for the freehold interest subject to contract.
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5 257-259 THE VALE, ACTON, W3 7QS 257-259 THE VALE, ACTON, W3 7QS 10 CONFIDENTIALITY
You are reminded that all information provided to you as part of this marketing campaign has been done so on a confidential basis. This information should not be shared with third parties unless express permission has been given to do so by either the Vendors or the joint sole selling agents.
FURTHER INFORMATION
Further information is available via the dataroom link www.257-259thevale.co.uk.
For further information please contact:
George Collins Robert Pollock DL: 020 3418 2060 DL: 020 7409 8114 E: [email protected] E: [email protected]
Anthony Sidoli Lucy Robbie DL: 020 3418 2030 DL: 020 7409 5988 Computer generated image E: [email protected] E: [email protected]
Disclaimer: 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.
5 257-259 THE VALE, ACTON, W3 7QS 257-259 THE VALE, ACTON, W3 7QS 11