1-9 Sandycombe Road, North Sheen, Richmond upon Thames, TW9 2EP 1-9 Sandycombe Road, North Sheen, Richmond upon Thames, TW9 2EP South West Residential Development Opportunity

CGI of permitted scheme P03 1-9 Sandycombe Road, North Sheen, Richmond upon Thames, TW9 2EP

Executive Summary • Residential development opportunity in North Sheen, south west London. • Existing commercial site extending to approximately 0.36 acres (0.15 hectares). • Planning permission for the redevelopment of the site to provide for a mixed-use development comprising 535 sqm of commercial space and 20 private residential units, together with car parking and landscaping. • Combined Net Saleable Area of consented scheme approximately 1,254 sq m (13,496 sq ft) of residential space and 535 sq m (5,757 sq ft) of commercial. • Approximately 400 metres (0.25 miles) north of North Sheen National Rail station. • For sale Freehold with vacant possession. • Richmond town centre is located approximately 1.5 kilometres (1 mile) south west of the Property, and benefits from an extensive range of shops, bars and restaurants as well as expansive green spaces and CGI of permitted scheme P03 recreational facilities. 1-9 Sandycombe Road, North Sheen, Richmond upon Thames, TW9 2EP

Location Planning The Property is located on the eastern side of The Royal Botanical Gardens, can be Richmond station provides more regular services The property falls within the jurisdiction of the Sandycombe Road, to the north of Manor Circus accessed approximately 0.65 km (0.4 miles) to to Clapham Junction (8 minutes*) and London London Borough of Richmond upon Thames Roundabout within the London Borough of the north west of the site, whilst Richmond Park , Waterloo (21 minutes*) and also provides access and does not contain any listed structures nor is it Richmond upon Thames. London’s largest Royal Park, lies approximately to the London Underground Network (District located within a Conservation Area. 2.2 km (1.4 miles) to the southeast. Line). Kew Gardens station is also located 1 km Richmond town centre is located approximately The site benefits from three planning permissions (0.6 miles) north of the site providing London 1.5 kilometres (1 mile) south west of the Property, The Property is well served by public transport for the redevelopment of the site. Overground and District Line services. Station and benefits from an extensive range of shops, as indicated by its PTAL rating of 4. North Sheen Parade, which is adjacent to Kew Gardens Station, P01 - Planning Appeal Ref APP/L5810/W/16/3158532 bars and restaurants as well as expansive green National Rail station is approximately 0.4 kilometres is the main square within Kew Village and boasts a was permitted in March 2017 for the spaces and recreational facilities. (0.25 miles) to the south providing direct access to number of artisan shops and the Michelin starred redevelopment of the site to provide for London Waterloo within 25 minutes. (www.tfl.gov.uk) Glasshouse restaurant. It also hosts the monthly a mixed-use development of 535 sqm of Kew Village Market. commercial space and 20 residential units, together with car parking and landscaping. There are multiple bus routes operating along The signed Section 106 document includes Sandycombe Road and Lower Richmond Road, a requirement for a contribution of £250,000 providing services to Richmond, Hammersmith towards Affordable Housing. and . P02 - Planning Application Ref 16/4889/ Description OUT was granted in September 2017 for the redevelopment of the site to provide for a mixed- The Property is broadly triangular in shape use development of 535 sqm of commercial and extends to approximately 0.36 acres (0.15 space and 18 residential units, together with car hectares) and currently accommodates a vacant parking and landscaping. The signed Section 1980’s portal frame clad commercial building and 106 document does not include any financial areas of hardstanding used as car parking. contribution towards Affordable Housing. The Property is bound by Sandycombe Road to P03 - Planning Application Ref 16/4890/ the west and the District Line and Overground FUL was granted in September 2017 for the railway line to the east. To the north of the site redevelopment of the site to provide for a mixed- is 11 Sandycombe Road which has planning use development of 535 sqm of commercial permission for redevelopment to provide a new space and 20 residential units, together with car single storey commercial building and 2 storey parking and landscaping. The signed Section building comprising 4 x 2 bedroom dwellings. 106 document is dated 4th September and has The proposed schedule of accommodation is no requirement for any contribution towards set out below: Affordable Housing. The Section 106 document includes a viability review mechanism but this will Unit Number NSA NSA GIA GIA Type of Units sq m sq ft Sq m Sq ft only take effect if, at the expiration of a period of two years from the date of discharge of the Private 20 1,254 13,496 1,650.8 17,769 final pre-commencement planning condition, a Residential Material Start has not occurred. Commercial - - - 534.8 5,757 (B1(a-c) and B8) The development will be subject to a Mayoral CIL contribution of £104,630.85 and a Richmond NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number Total 20 1,254 13,496 2,185.6 23,526 100024244 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. Council CIL charge of £366,788.36. 1-9 Sandycombe Road, North Sheen, Richmond upon Thames, TW9 2EP South West London Residential Development Opportunity

Tenure The property is for sale freehold with vacant possession. Method of Sale The site will be sold by way of informal tender (unless sold prior). Offers are sought for the freehold interest. Network Rail A Basic Asset Protection Agreement (BAPA), along with an F001 completed document requires approval from Network Rail to allow a deed of covenant to be cleared to permit development. The BAPA agreement and F001 have been completed and agreed with Network Rail subject to sign off by the developer. The agreed fee to Network Rail is £74,876 excl. VAT. It will be the purchaser’s responsibility to complete this agreement. VAT The site is elected for VAT. Viewings Viewings are strictly by appointment; please contact the sole selling agents to make an appointment. Further Information Further information including technical and legal documentation is available at: www.savills.co.uk/Sandycombe1_9 Contacts For further information please contact: Andrew Cox Andrew Cooper Robert Pollock +44 (0) 207 016 3851 +44 (0) 207 016 3848 +44 (0) 207 409 8114 [email protected] [email protected] [email protected]

Important Notice Savills and their clients 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. NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number Sale particulars produced September 2017. 100024244 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. Internal CGI of consented scheme