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Home , Dollis Hill, London Designer Outlet, Neasden, Roundwood Park, Willesden

WARRANTY HOUSE

LONDON NW10

WARRANTY HOUSE CGI’s of proposed scheme

WARRANTY HOUSE EXECUTIVE SUMMARY

An exceptional opportunity to deliver 136 residential apartments in the heart of north west

A 0.68 hectares (1.7 acres) site on the borders of and , close to Gladstone Park.

Planning permission for 136 residential apartments (108 private, 9 intermediate and 19 affordable rent) with a total net saleable area of 9,675 sq m (104,141 sq ft), and a 579 sq m (6,232 sq ft) commercial unit (Use Classes D1/A1/A3).

Excellent transport links, being situated between (400 metres west) and Dollis Hill (400 metres east) stations, which provide services.

For sale freehold.

CGI’s of proposed scheme

WARRANTY HOUSE Warranty House is located between the vibrant neighbourhood of Willesden Green and , one of London’s most exciting regeneration areas.

LOCATION

Warranty House, Dudden Hill Lane is Gladstone Park, which is just 350 metres east situated in Dollis Hill, north west London, in of the site, provides extensive green open the . It is located space, formal gardens and sports facilities. between the vibrant neighbourhood of 1km to the south is , another Willesden Green and Wembley, one of attractive public open space. London’s most exciting regeneration areas. The Property is approximately 8km (5 miles) The site has very good access to transport from the West End and 10km (6 miles) north links, being situated between Neasden (400 west of the City of London. metres west) and Dollis Hill (400 metres east) London Underground stations, both of which Dudden Hill Lane runs north from High Road, provide Jubilee line services. Journey times Willesden Green, along which are a variety of direct from Dollis Hill to the West End are independent cafés, bars and restaurants as approximately 14 minutes (Bond Street), to well as convenience retail amenities. Less than London Bridge approximately 23 minutes, 1km to the west are a superstore and to 30 minutes and to The City IKEA Brent Park. The , 29 minutes (Moorgate changing at Baker which has more than 50 retailers, numerous Street) (Source: Tfl.gov.uk). A number of bus dining-out options and a nine screen cinema services operate outside the entrance to the is at Wembley, approximately 2.5km to the site including the 226 to and west. Wembley also hosts burgeoning artisan the 302 to . Dudden Hill Lane (A4088) street markets, community activities and food continues 800m to the north west to a junction festivals. Shopping Centre, which with The (A406) which has more than 120 shops along with cafés, provides routes around London. Access to the bars and restaurants and is set to expand as national motorway network is approximately part of a wider regeneration of the area, is 2km (1.25 miles) to the north at junction 1 of 2.5km to the north east. the M1.

WARRANTY HOUSE East

EPPING FOREST

BRENT FINSBURY RESERVOIR PARK

WEMBLEY PARK HEATH CLISSOLD PARK GLADSTONE Hampstead HACKNEY PARK HOLLOWAY STOKE MARSH Wembley Central HAMPSTEAD Neasden NEWINGTON WEMBLEY Dollies Hill Willesden Green FIELDS

ROUNDWOOD HIGHBURY & HACKNEY PARK CAMDEN STRATFORD TOWN PRIMROSE HILL St John’s Wood

Willesden Junction VICTORIA King’s Cross St Pancras PARK International REGENT’S Euston Square Queen’s Park PARK

Mile End Road CITY OF LONDON Liverpool Street Ladbroke Grove Oxford Circus PADDINGTON Bank

White City NOTTING Notting WEST END WHITE HILL Hill Gate Green Park ACTON CITY HYDE PARK GREEN London KENSINGTON PARK Bridge SHEPHERD’S Royal Waterloo BUSH Albert Hall Borough High Street Water Kensington WATERLOO SOUTHWARK Canary Wharf North HEATHROW Victoria CANARY AIRPORT Park KNIGHTSBRIDGE Elephant & Castle WHARF South Kensington Sloane Square CHISWICK Earls Court CHELSEA BURGESS PARK PARK GREENWICH PARK Battersea Park

London Bridge

Barnes

Putney Junction Town CLAPHAM RICHMOND WANDSWORTH COMMON GATWICK AIRPORT

PUTNEY HEATH

RICHMOND PARK

HAM HOUSE WIMBLEDON GARDENS PARK

WARRANTY HOUSE

WIMBLEDON WIMBLEDON COMMON HAMPTON BUSHY PARK

KINGSTON UPON THAMES

HAMPTON COURT PARK Site boundary indicative only

WARRANTY HOUSE DESCRIPTION

The site extends to approximately 0.68 hectares (1.7 acres). The land slopes away from Dudden Hill Lane by lamost 10 metres at the western point. Much of the site is bounded by vacant land separating the site from railway lines. At the eastern boundary part of the site fronts, and provides access to, Dudden Hill Lane. Immediately adjacent and also fronting Dudden Hill Lane is an Esso petrol filling station.

The site comprises Warranty House, a two storey office building and car park which fronts Dudden

Hill Lane. To the rear of WarrantyVE House is a RO G S AN large area of hard standingDM / yard that has been OO 44.8m W El Su 1 to 8 b S Beech used as a coach tapark. TheLodge remainder of the site

18 15 to is occupied by a garden centre and nursery. The 24 19 to 1 to 8et ol Vi required30 noticesLodge have been served for vacant 25 to possession in April 2018.

to 9 1 rt ou r C la

Pop

40

o

t

5

3

46

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41 N 1 to 9 Aspen Court

ty Warran House

6 to 1 ore Sycam 48.0m Court

MP 6.75

Garage

Nursery

Site boundary indicative only NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office.© Crown copyright licence number 100022432 Savills (UK) Ltd.NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

WARRANTY HOUSE

51 53

63 65 MP5 SL

33

35

0m 10m 20m 30m

Ordnance Survey © Crown Copyright 2017. All rights reserved. Licence number 100022432. Plotted Scale - 1:1250 TOWN PLANNING

The site falls under the jurisdiction of the London Borough of Brent. The buildings on site are not statutorily or locally listed and the site is not located in a Conservation Area.

Planning permission (ref 16/4010) was granted on 25th July 2017 for:

“Proposed demolition of all existing buildings and construction of part five / part six / part seven / part eight / part nine storey buildings comprising 136 residential units (Use Class C3, comprising of 42 x 1 bed, 56 x 2 bed and 38 x 3 bed flats) and community/retail floorspace (Use Classes D1/A1/ A3); related lower ground car park comprising 44 car parking spaces; cycle parking, vehicular access; footways; landscaping; plant and associated works.”

A subsequent application (ref 17/3476) made under Section 96a (non material amendment) has been submitted which makes small changes to the floor plans for fire safety, Mechanical and Electrical and Structural requirements, and further advances the layouts.

Applications to discharge conditions 13, 15 and 19 have been submitted for approval.

Section 106 and CIL The Section 106 Agreement holds for the provision of 19 residential units for Affordable Rent and 9 for Intermediate Housing. A CIL Liability Notice issued by the Local Authority states the development is liable for £3,901,061.57, however, this does not take into account the relief that it may be possible to claim for the affordable housing floorspace.

CGI’s of proposed scheme

WARRANTY HOUSE PROPOSED DEVELOPMENT

The proposals comprise a mixed use scheme providing Residential NSA Scheme GIA 136 residential apartments and a 576 sq m (6,200 sq ft) GIA commercial unit (D1/A1/A3 Use Class). The average apartment Total Average BLOCK Sq M Sq Ft size is 71.1 sq m (766 sq ft) and we anticipate that a majority of them could qualify for the ‘Help to Buy’ equity loan mortgage Sq M Sq Ft Sq M Sq Ft A 3,553 38,244 initiative. This provides eligible buyers with a government loan Private Sale 7,640 82,244 70.7 761 B 2,975 32,023 of up to 40% of the value of a home, with a maximum purchase price of £600,000. Intermediate 612 6,588 68.0 732 C 3,933 42,334

The scheme is arranged across four buildings, which range Affordable Rent 1,423 15,318 74.9 806 D 1,933 20,807 from four storeys to nine storeys. The buildings are set within Total 9,675 104,151 71.1 766 Parking 1,172 12,615 a landscaped area that includes a series of communal amenity spaces, woodland areas and children’s play areas. The setting Plant 455 4,898 of the site results in generous separation distances from Apartment Mix Total 14,021 150,921 surrounding buildings and, with the existing mature trees, will provide privacy for future residents. Along with these attractive 1 Bed 2 Bed 3 Bed Total shared spaces, all units will benefit from private balconies or Private Sale 35 45 28 108 terraces. Residents in many apartments will enjoy excellent views of Wembley Stadium to the north west, Gladstone Park Intermediate 3 4 2 9 to the north east and back towards . Affordable Rent 4 7 8 19 A lower ground level extends beneath much of the proposed Total 42 56 38 136 built footprint and provides car parking, with access gained off Dudden Hill Lane via a ramped access which makes use of the existing site access and natural gradient of the site. This area provides 44 parking spaces of which 36 will be for residents The buildings are set within a landscaped area use, four staff only spaces for the commercial unit, two visitor spaces and two car club spaces. that includes a series of communal amenity spaces, woodland areas and children’s play areas.Along with these attractive shared spaces, all units will benefit from private balconies or terraces.

WARRANTY HOUSE CGI’s of proposed scheme

VAT METHOD OF SALE DATAROOM & TENURE

The property is not elected for VAT Further information, including a legal pack, can be found on the following website: The property is for sale freehold and will be sold by way of informal tender (unless sold prior). www.duddenhilllane.com

WARRANTY HOUSE CGI’s of proposed scheme

WARRANTY HOUSE CONTACTS

Savills UK Darren Arnold 020 7409 9926 [email protected]

Sean Cooper 020 7409 9948 [email protected]

Kingsbury Ross Kemp 020 7183 2529 [email protected]

Keir Goldstein 020 7183 2529 [email protected]

Important Notice Savills and their client 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. Designed and Produced by Savills Marketing: 020 7499 8644 | October 2017

WARRANTY HOUSE