396-398 Road, Enfield, London EN3 5QS Development Opportunity For Sale GLPG

Visualisation of the proposed scheme HOME | SUMMARY | LOCATION | DESCRIPTION, SCHEDULE & PLANNING | TERMS & CONTACT

INVESTMENT SUMMARY A​n opportunity to acquire a site with Proposed scheme provides a mix of 10 x 1, 2 & 3 bedroom detailed planning consent to provide a apartments & houses with surface parking to provide 1 space brand-new scheme of ten apartments, per unit houses & maisonettes, located within Prominent site measuring approx. 11,326 sq. ft. / 1,052.2 sq. close proximity to all local amenities m.

Proposed Residential NSA of 8,524 sq. ft. / 791.89 sq. m.

Planning reference: 17/04248/FUL (Enfield Borough Council) - Click Here to view the application on Enfield BC’s Planning Portal

The site comprises a vacant single-storey building, previously occupied by a Social Club, which under the granted application, will be demolished and replaced by the proposed scheme

The scheme is arranged over two buildings - four storeys facing Hertford Road, and two-storeys to the rear. Aerial View of Site Existing Surface parking provides 8 out of 10 units with a parking space.

Enfield Lock Station is within 0.8 miles from the site, with trains travelling into Kings Cross in under 30 minutes

Long-lease relating to a billboard on the existing building

Viewings held across Two open-days - please contact a member of our team for dates and to arrange an HOME | SUMMARY | LOCATION | DESCRIPTION, SCHEDULE & PLANNING | TERMS & CONTACT

Enfield Lock Station - 0.8 miles away Enfield is a highly sought-after area of and Greater London, where a wide-range of local regeneration plans, new developments, the short journey time into Central London and strong capital appreciation, all contribute towards the appeal to develop new homes in this area

KEY DISTANCES

Eastfield Primary School - 0.2 miles Enfield Heights Academy - 0.2 miles​ Enfield Town - 2 miles away Local High Street - 0.2 miles Albany Leisure Centre - 0.3 miles St Georges Playing Field - 0.5 miles Turkey Street Station - 0.6 miles (45 minutes to Kings Cross) Bishop Stopfords School - 0.7 miles Enfield Lock Station - 0.8 miles (30 minutes to Kings Cross & 24 minutes to Liverpool Street) Station - 0.9 miles​ (30 minutes to Kings Cross & 22 minutes to Liverpool Street) Enfield Town - 2 miles Chase Farm Hospital - 3 miles HOME | SUMMARY | LOCATION | DESCRIPTION, SCHEDULE & PLANNING | TERMS & CONTACT

DESCRIPTION ACCOMMODATION SCHEDULE A site measuring approx. 11,326 square feet, benefitting RESIDENTIAL BED from detailed planning consent to provide a brand-new, 10- FLOOR UNIT TYPE SIZE SQ. FT. UNIT 1 GF/FF House 3 1,033 unit scheme, minutes from all local amenities and transport 3 facilities. UNIT 2 GF/FF House 1,033 UNIT 3 GF/FF Maisonette 3 1,054 The site comprises a vacant single-storey building, previously UNIT 4 GF/FF Maisonette 3 1,054 occupied by a Social Club, which under the granted UNIT 5 Ground Apartment 1 624 application, will be demolished and replaced by the proposed UNIT 6 First Apartment 2 657 scheme UNIT 7 Second Apartment 2 657 UNIT 8 Second Apartment 3 1,002 The scheme is arranged over two buildings - four storeys UNIT 9 Third Apartment 2 657 facing Hertford Road, and two-storeys to the rear. UNIT 10 Third Apartment 2 753 Total 8,524 Surface parking provides 8 out of 10 units with a parking space. DATAROOM PLANNING

Detailed planning consent received on March 1st 2018 CLICK HERE TO VISIT OUR DATAROOM, TO DOWNLOAD A SET OF PLANS AND ASSOCIATED DOCUMENTS. Demolition of existing buildings and erection of two replacement buildings over four & two storeys to provide 6 The Datroom contains all existing & proposed plans, in addition apartments, 2 maisonettes & 2 houses to important documents, studies and statements, which were prepared for the purpose of obtaining planning consent.

Planning reference: 17/04248/FUL (Enfield Borough Council) - Once in the dataroom, please click the grey icon in the top right Click Here to view the application on Enfield BC’s Planning hand corner to download all documents, or you may access each Portal document individually by clicking on its name. Potential to submit a further application, to provide an Access Code: hertfordroad396 enlarged scheme consisting of further residential units, subject to obtaining all necessary consents. See document named (Case Sensitive) ‘Next Steps’ HOME | SUMMARY | LOCATION | DESCRIPTION, SCHEDULE & PLANNING | TERMS & CONTACT

TERMS CONTACT Price If you wish to discuss any aspect of this property, arrange a Guide Price: £1,500,000, subject to contract viewing appointment or submit an offer, please contact a member of our Investments Team: Tenure Freehold Dean Leslie 07446 918 939 CIL, S106 & Advertising Board 020 3640 6420 CIL estimated at £53,000 & S106 contributions (transport & [email protected] infrastructure) at £15,000, with no on-site affordable housing. Advertising board lease remaining (contact GLPG for more Matt Glazer information). We encourage an incoming purchaser to carry out their own due dilligence to satisfy themselves of these points. 07879 774 584 020 3640 6420 Viewings [email protected] Two open-days - please contact a member of our team for dates and to arrange an appointment Adam Freedman 07572 121 301 Deposit 020 3640 6420 10% of the final purchase price will be payable to the vendors [email protected] solicitor upon exchange of contracts

VAT For more information, please visit our website: It is our understanding that the property has not been elected for www.glpg.co.uk VAT

Offers Formal offers are to be submitted in writing, detailing a proposal, proof of funding and solicitor contact details

Timescales Disclaimer: GLPG on their own behalf and on behalf of the Owner/Landlord of this property whose agents give notice that this document does not constitute any form of contract for A unconditional exchange of contracts to take place within 14-days sale or lease. Statements should not be relied upon and interested parties are advised to from receipt of draft contracts, with legal completion to take place satisfy themselves as to the correctness of each statement. GLPG is the trading name of GLPG 14-days thereafter. Limited, a company registered in England No: 09871398