DAGENHAM
Major residential led mixed use development Dagenham Engine Plant
Barking Reach Power Station
The River Thames
London Sustainable Industries Park
A13 Thames Gateway
Chequers Lane Dagenham Dock
A1306 New Road ASDA
City Airport
Merrielands Retail Park
DAGENHAM
Dagenham Heathway
Old Dagenham Park
2 Executive Summary
Major residential led mixed use development in South Dagenham
Cleared site extending to 4.07 acres (1.65 hectares)
Located 0.5 miles (800m) north of Dagenham Dock station and 0.9 miles (1.5km) south of Dagenham Heathway Underground station
Planning Consent (17/02111/FUL) for a mixed use scheme comprising: > 325 residential units > 116 affordable units . 55 affordable rent . 61 shared ownership > 1,514 sq m (16,296 sq ft) GIA of commercial floorspace (Use Class A1/A3) > 178 car parking spaces > 3,260 sq m (35,090 sq ft) of amenity space
Freehold for sale
3 ROMFORD Location
TE U O R SS STOKE RO C Wanstead NEWINGTON T AS Flats ILFORD The Site is within the London Borough E STRATFORD DAGENHAM
D The Chase D of Barking and Dagenham, in East London. A HACKNEY HEATHWAY
STRATFORD A BARKING Nature Reserve O
RO Queen Elizabeth R
The centre of Dagenham is located
D Olympic Park R
N A
0.75 miles (1.2 km) to the north, Rainham A L DAGENHAM
L U
S Victoria Park C
is 2.5 miles (4 km) east and Barking is 3.1 G R I
N C I
BARKING
K WEST HAM
miles (5 km) to the north west. H AY T W DS
R E LFR BETHNAL O A
D N OA GREEN L R The area is predominantly industrial to APE ECH DAGENHAM HIT CANNING DOCK the south and residential to the north W TOWN WAY HAM comprising predominantly terraced NEW CITY OF COMME RCIA L ROAD and semi-detached houses. The River IVER THAMES LONDON LONDON CITY R AIRPORT Thames runs approximately 1.3 miles TOWER THE O2 (2 km) to the south. BRIDGE CANARY THAMESMEAD
THE SHARD WHARF WOOLWICH ARSENAL ROTHERHITHE The area to the east of the site is Beam EMIRATES ISLE OF AIR LINE
Park. An application has been submitted O LD DOGS WOOLWICH K ABBEY for a cross boundary hybrid residential EN T WOOD
RO CHARLTON led mixed use development. A D D A O R
Greenwich R GREENWICH A Within the wider area Barking Riverside PECKHA Park L M ROAD U C to the south west is providing up to R PECKHAM I C
10,800 residential dwellings and 65,587 H T U sq m (706,112 sq ft) of mixed use O S commercial. ELTH SID AM CU BEXLEYHEATH ROAD P R OAD DULWICH Not to scale. For indicative purposes only.
Major residential led mixed use development in South Dagenham with easy access to the Docklands, and the City.
4 Situation
> There is a range of local amenities such as Lidl and Tesco Express, as well as Heathway The Site Shopping Centre providing a number of high Merrielands Retail Park street retailers including Boots, JD Sports, Peacocks and Wilko towards the centre of Dagenham, located 0.9 miles (1.5 km) to the north of the Site.
> Adjacent land uses include Merrielands Retail Park providing Argos, Homebase, Aldi, TK Maxx, Pets at Home and Halfords, and industrial uses such as a Ford distributor and logistics operator.
> The wider retail park also provides Brewers Fayre a local restaurant and Premier Inn with ancillary parking.
Not to scale. For indicative purposes only.
5 Communications BARKING WEST HAM LIMEHOUSE 6 11 16 > Dagenham Dock train station is located 0.5 miles (800m) to mins mins mins the south providing services west to Fenchurch Street and from Dagenham Dock from Dagenham Heathway from Dagenham Dock Grays to the east Hammersmith & City Line District Line > Dagenham Heathway UndergroundJubilee Line station is located 0.9 miles (1.5 km) to the northDLR providing District Line services ROMFORD west towards Central London,National and Rail Upminster in the east FENCHURCH ST STRATFORD CITY AIRPORT
> The A13 provides a connection to the North Circular to 21 21 29 London City Airport, The City of London and Central mins mins mins STOKELondon, as well as direct access to the M25 and south east from Dagenham Dock via West Ham via West Ham & Canning Town NEWINGTON ILFORD STRATFORD HACKNEY DAGENHAM Hammersmith & City Line HEATHWAY STRATFORD District Line BARKING Jubilee Line DLR ROMFORD National Rail DAGENHAM WEST HAM BARKING BETHNAL GREEN STOKE CANNING LONDON TOWN NEWINGTON FENCHURCH CANNING A13 DAGENHAM CITY OF STREET TOWN ILFORD DOCK LONDON Amsterdam STRATFORD A13 HACKNEY LONDON DAGENHAM CITY AIRPORT HEATHWAY STRATFORDROTHERHITHE BARKING Dü ssel dorf THAMESMEAD
ISLE OF WOOLWICHDAGENHAM WEST HAM DOGS BARKING Ge ne BETHNAL va GREEN CHARLTON CANNING LONDON Not to scale. For indicative purposes only. TOWN FENCHURCH CANNING A13 6 DAGENHAM CITY OF STREET TOWN DOCK LONDON Amsterdam PECKHAM LONDON A13 CITY AIRPORT ROTHERHITHE Dü ssel dorf THAMESMEAD
ISLE OF WOOLWICH BEXLEYHEATH DULWICH DOGS Ge ne va CHARLTON
PECKHAM
BEXLEYHEATH DULWICH Dagenham Dock
West Ham 13 mins A13 Thames Gateway Grays 15 mins
Limehouse 16 mins City Airport 6.8 miles
London Fenchurch Street 21 mins M25 7.3 miles
M11 8.5 miles
Whitechapel 10.1 miles
A1306 New Road
City of London (via A13) 12.3 miles
7 a S r
D
e 50
ns a M
e 21 Th e 5.8m ag r
ca Church Meeting Room Vi El
St Martin's Church 34 Sub
1 3 Sta 30
2
1 2 5.5 22 1 m 17
5
1
23 6
13 12 10
Hall 2 7 t o 8 St Peter's
Catholic 3 PrimarySchool 1
2
4 7 TCBs
S f 5 u 51 de 3 r 49 gery 3 4 5
59 6 5 5 7 5 9 e s Parad Chequer
uers 6 1 Cheq Description rade Shelter Pa
Shelter
4.3m > The site is now cleared and was formerly used by Ford GoresBridge Motor Company. The site has not been used for 6
5
E ROAD approximately 2 years
Merrielands Retail P ark 1
Shelter > The total site area extends 4.07 acres (1.65 hectares) 2
El Sub Sta 4
3.7m
3 Employment > The site is not located within a conservation area and Exchange there are no listed buildings on site
MERRIELANDS CRESCENT > Freehold
LTwr Shelter LTwr > Vacant possession can be provided upon completion
> Full site due diligence is available in the data room
El Sub Sta El Sub Sta
El Sub Sta N
M
E
SS W INA
AY
ESS
Unit 4
6m NE
A 0.
L
RS
UE
Q 4.07
HE
C
Unit 2
ESS
T he acres total
G
o
re
s
Balancing Pond
y site area
d
Park B
rd
a
W
d
0m 25m 50m75m n
a
CR
st
Shelter n
o
C
Not to scale. For indicative purposes only. ro o
B
Ordnance Survey ©Crown Copyright 2018. All rights reserved. Licence number 100022432. PlottedScale - 1:2500
8 Beam Park Dagenham Dock Site Orion Park Former Ford Car Park (17/01502/OUT) Orion Park
> Ownership: GLA Land > 2 primary schools > Ownership: Dagenham > 8,000 sq ft mixed > Ownership: > Ownership: GILL > Ownership: and Property Ltd Dock Ltd commercial space JJ Food Aggregates (Holdings) Ltd Kuehne + > New railway station Service Nagel International > Application submitted > Scoping opinion for > Secondary school > Outline application submitted > 56,747 sq ft mixed Holdings Ltd redevelopment of the site > 2,900 residential units commercial space > 58 residential units > Distribution (50% affordable) > 3,200 residential units services > 67 room hotel
> 43,548 sq ft mixed commercial space
60 New 46-52 Chequers Jobcentre Plus Orion Park Merrielands Orion Park ASDA Road New Road Corner (17/02144/FUL) Retail Park > Ownership: LMP > Ownership: > Ownership: (11/00707/FUL) Mclagan > Ownership: London Wall Dagenham Ltd > Ownership: Aviva Courts Nominees > Ownership: > Ownership: Investments > Ownership: Outsourcing Investments Life & Pensions Ltd GLA Land Unite The > DPD Dagenham Premier Limited UK Ltd Ltd and Property Union Second > Trust Ford Inn Hotels Ltd Ltd Trustee > Full application submitted Transit Centre Company Ltd > Full application > 70 residential units accepted > 2,066 sq ft mixed > Erection of a four commercial space storey hotel
9 Approximate site boundaries shown. car parking spaces
Cgi of proposed scheme 10 The Development
The site benefits from planning consent (17/02111/FUL):
> Blocks ranging from 5 to 10 storeys > 116 affordable units > 178 car parking spaces . 55 affordable rent > Total of 325 residential units > 3,260 sq m (35,090 sq ft) . 61 shared ownership . 2 x studio flats of amenity space to include . 81 x 1 bedroom flats > 1,514 sq m (16,296 sq ft) GIA of landscaping and childrens play . 240 x 2 bedroom flats commercial floorspace (Use Class A1/A3) space
. 2 x 3 bedroom flats
residential 325 units car parking 16,296 sq ft of amenity ftsq amenity of space spaces 178 sq ft of commercial space 35,090
11 Site Plan
Merrielands Retail Park
MERRIELANDS CRESCENT
Retail Parking Retail Parking Service Bay Service Bay Landscaped public realm
BLOCK A BLOCK B BLOCK C BLOCK D BLOCK E
UNIT A2 UNIT B1 UNIT B2 UNIT C UNIT D UNIT E1 A1 & A3 Use A1 & A3 Use A1 & A3 Use A1 & A3 Use A1 & A3 Use A1 & A3 Use UNIT A1 A1 & A3 C Use H
E
Q Service U UNIT E2 Bay A1 & A3 Use E
R
S
Secure Secure L Communal landscaped landscaped A
landscape courtyard courtyard N Landscaped public realm E
Secure Access
BLOCK A BLOCK B BLOCK C BLOCK D Servicing pull-in Secure Servicing lay-by landscaped Servicing Servicing courtyard pull-in pull-in
Grass Banking
Residential Car Parking Residential Cycle Parking Retail Car Parking Retail Cycle Parking
N Car Share 2 Standard 580 Standard 14 Long term 9 Standard 49 Large 32 (within units) Disabled 18 Visitors 8 Short term 43 Standard EV 42 (On street) Disabled EV 16
Total 127 Total 620 Total 14 Total 52
Indicative plan of proposed scheme 12 Blocks
Units Block A Block B Block C Block D Block E Total Total %
Studio 0 0 0 1 1 2 0.6 1b2p 14 13 14 13 27 81 24.9% 2b3p 7 0 6 7 9 29 8.9% 2b4p 34 40 35 41 61 211 64.9% 3b6p 0 0 1 1 0 2 0.6%
Total Flats 55 53 56 63 98 325 100.0% Total Habitable Rooms 151 146 156 176 265 894
DAGENHAM Areas
NSA (sq ft)
Use Block A Block B Block C Block D Block E Private Residential 0,000 0,000 4,341 46,789 70,139 Affordable Residential 40,002 40,175 36,974 0,000 0,000 Commercial (GIA) 3,158 3,217 1,674 2,020 6,227 Area Schedules Overall Area Schedule
Commercial GIA Residential GIA Residential NSA Total Blocks GIA SQ FT SQ M SQ FT SQ M SQ FT SQ M SQ FT SQ M
16,296 1,514 318,364 29,577 238,420 22,150 334,660 31,091
10 9 8 7 6 5 4 3 2 1 Ground
Indicative cross section of proposed scheme - North Elevation 13 Residential Market
Land in outer London has been in demand in particular near to transport nodes and in areas where the Help to Buy scheme is applicable. We have experienced numerous bids for sites of 100 plots plus, with consent. These are from a range of developers, including housing associations and national housebuilders. 15% Dagenham house price growth over the last 24 months
Average Dagenham apartment price £25k+ above the national average
14 House Price Growth by London Borough 2016 2017
20 2016 2017 20
2015 15 20 % h
t 1015 10 15 w % o r h t 105 5 10 G l w a o r u
n 05 0 5 G n l A a u
n -50 -5 0 n A -10-5 -10-5 g h r n y e n y d n n t k n y d t n g n n s h h y n m c e o e et g o e l o o s m r o e n w n e m n o o t t t w e m C ri a i t d xl n d t l e d t e a a d n o ro e d a li t t le r e lo g a K e h s e r i r m fi y t r h w g k r r h a g s o b s n lh B v n nw in n r e o n o u o is h n c m a B m w E n g m w n ri u R a e e o B Ba b M r E r S F w t li a h H a e li in a s m u a F H g e tm L d B C u il H c C Is H d a o a r f e m e o i N K r n L H H & -10 G es o R a L S H R e a -10 D y th th & g W ith r n y e n y d l n n t k n y d t n g w nW n s h hi y g n m c e o e et g o e l a o o s m r o e n w n e m nTo o o t t mt w e m C n ri a Ci t d xl n d t l e W d t e a a d n o ro e d a li t t le r ’se lo g a K e h s e r i r m fi y t r h w g k r r h a g s o b s n lh B ki v n nw in n r e o n o u o is h n c m a B m w E n g m w H n ri u R r a e e o B Ba b M r E r S F w t li a h H a e li in a s m u a F a H g e tm L d B C u il H c C Is H d a o B a r f e m e o i N K r n L H H & G es o R a L S H R e a D y th th & W it l w W i g a To m n C W ’s ki H ar B Source - Savills Research
House Price Index
£500,000 £450,000 £400,000£500,000 £350,000£450,000 £300,000£400,000 £250,000£350,000 £200,000£300,000 £150,000£250,000 £100,000£200,000 £150,000£50,000 £100,000£0 8 9 7 8 9 7 5 6 7 4 0 3 2 5 6 7 0 4 3 8 2 1 1 1 1 1 1 1 1 0 0 0 1 1 1 1 1 1 £50,000 1 1 1 ------t t t t t t t t t t t r - r - r - r - r - r - r - r - r - r - 0 r - 0 r - 0 c c c c c c c c c c c p p p p p p p p p £0 p p p A A O A A A A A A A O O O O O A A A O O O O O 8 9 7 8 9 7 5 6 7 4 0 3 2 5 6 7 0 4 3 8 2 1 1 1 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 1 ------t t t t t t t t t t t r - r - r - r - r - r - r - r - r - r - 0 r - 0 r - 0 c c c c c c c c c c United Kingdomc London Barking and Dagenham p p p p p p p p p p p p A A A O A A A A A A O O A A O O O O A O O O O
Source - Land Registry Cgi of proposed scheme United Kingdom London Barking and Dagenham 15 Tenure Method of Sale
The property is for sale freehold. The property is for sale by way of informal tender.
VAT Further Information
VAT is chargeable on the purchase price. Further information is available at: www.savills.co.uk/Merrielandscrescent
Viewings Contacts
The site can be viewed from the road, otherwise Ed De Jonge Alex Soskin Hugh Bushell please contact the selling agents to make an T: 020 7016 3849 T: 020 7409 9993 T: 020 7075 2860 appointment. E: [email protected] E: [email protected] E: [email protected]
DISCLAIMER: Savills on their behalf and for the Vendors or Lessors of this property whose Agents they are, give notice that: 1. These particulars are set out as a general outline only for guidance to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. 2. Whilst Savills uses reasonable endeavours to ensure that the information in these particulars is materially correct, any intending Purchasers, Lessees or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection, searches, enquiries, surveys or otherwise as to their accuracy. Savills as such cannot be held responsible for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss of profits resulting from direct or indirect actions based upon the content of these particulars. 3. No person in the employment of Savills has any authority to make any representation or warranty whatsoever in relation to this property. 4. Unless otherwise stated, all purchase prices and rents are correct at the date of publication and, unless otherwise stated, are quoted exclusive of VAT. Lease details and service ground rent (where applicable) are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. Designed and produced by www.tlgd.co.uk September 2018.