1-3 Woodrow, Woolwich, London SE18 5DG Residential Development Opportunity For Sale www.kingsbury-consultants.co.uk 1-3 Woodrow, Woolwich, London SE18 5DG
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
SUMMARY
• 0.2 acre site currently occupied by a residential dwelling and a warehouse with associated land • Planning permission for a new build scheme of 2 x 2 bed & 6 x 3 bed houses (all for private sale) totalling 10,107ft2 NSA • Popular residential location in close proximity to Woolwich Dockyard Station • Offers invited in excess of £1,500,000 for the vacant freehold interest
Indicative Visualisation www.kingsbury-consultants.co.uk 1-3 Woodrow, Woolwich, London SE18 5DG
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
DESCRIPTION
The property currently comprises a residential dwelling across 2-storeys and a single-storey warehouse with B1(c) (Light Industrial) Use Class.
The buildings occupy an L-shaped site extending to circa 0.2 acres which includes a yard area behind the warehouse.
The site is bounded by residential properties to the north, south and east, with a church hall to the west on the opposite side of Woodrow.
LOCATION
The property is located on Woodrow; a quiet residential street within the South London suburb of Woolwich. The Local Authority is the London Borough of Greenwich.
There are numerous shops, restaurants and amenities available within Woolwich town centre which is located approximately 0.5 miles to the east of the property.
The nearest train station is Woolwich Dockyard (located approximately 0.3 miles from the site) which provides National Rail services, including London Bridge in circa 18 minutes.
A new Crossrail / Elizabeth Line station is under construction in Woolwich which will provide services to Canary Wharf in 8 minutes and Liverpool Street in 14 minutes from December 2018. www.kingsbury-consultants.co.uk 1-3 Woodrow, Woolwich, London SE18 5DG
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
PLANNING & DEVELOPMENT POTENTIAL
Planning permission was granted on 24th April 2018, under reference 17/3226/F, for the demolition of the existing buildings and the construction of 8 new houses.
The proposed scheme comprises 6 x 3 bedroom, 3-storey terraced houses with integral garages (fronting Woodrow) and 2 x 2 bedroom, 2-storey semi-detached houses (including basements) fronting Godfrey Road, extending to a total NSA of 10,107ft2.
All units are for private sale and we understand that no Section 106 obligations apply. There is a CIL liability of approximately £98,595.
The online planning application can be found here.
APPROVED ACCOMMODATION SCHEDULE
Unit Floor Description GIA ft2 GIA m2
0.01 Ground, First & Second 3 Bedroom 6 Person End Terrace House 1,356 126 0.02 Ground, First & Second 3 Bedroom 6 Person Mid Terrace House 1,356 126 0.03 Ground, First & Second 3 Bedroom 6 Person Mid Terrace House 1,356 126 0.04 Ground, First & Second 3 Bedroom 6 Person Mid Terrace House 1,356 126 0.05 Ground, First & Second 3 Bedroom 6 Person Mid Terrace House 1,356 126 0.06 Ground, First & Second 3 Bedroom 6 Person End Terrace House 1,356 126 1.01 Lower Ground & Ground 2 Bedroom 4 Person Semi Detached House 958 89 1.02 Lower Ground & Ground 2 Bedroom 4 Person Semi Detached House 1,012 94 Total 10,107 939
Indicative Visualisation www.kingsbury-consultants.co.uk 1-3 Woodrow, Woolwich, London SE18 5DG
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
TENURE
The property will be sold freehold, subject to vacant possession.
VAT
The property is not elected for VAT.
TERMS
Offers are invited in excess of £1,500,000.
ADDITIONAL INFORMATION
Further information including planning and legal documents are available within our dataroom using the access code ‘Woodrow’.
CONTACT To discuss any aspect of this property or the disposal process, please contact the sole selling agents:
Keir Goldstein 020 7183 2529 [email protected]
Jordan Oldfield 020 7183 2529 [email protected]
Kingsbury 1st Floor, 81 Alie Street, London E1 8NH
Kingsbury on their own behalf and on behalf of the Owner / Landlord of this property whose agents, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: 06869268.