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Retail and Leisure Opportunity

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Retail and Leisure Opportunity Computer generated image is indicative only RETAIL AND LEISURE OPPORTUNITY 1 CONTENTS INTRODUCTION ......................................................... 3 A VISION IN MOTION ................................................ 4 THE BIGGER PICTURE ................................................ 5 THE LOCATION........................................................... 8 THE OPPORTUNITY.................................................. 11 AN AWARD WINNING TEAM .................................. 12 THE SITE ..................................................................... 13 FLOORPLANS ............................................................ 14 KEY TERMS ................................................................ 17 2 A FUTURE IN Motion marks the start of the regeneration of Waltham Forest. With six-state-of-the-art blocks containing 300 new homes and six commercial units, Motion has one bright future. This new landmark site offers a number of attractive commercial investment opportunities in the form of six sizeable, mixed use retail units with a total floor space of 1593m2. The vision for 97 Lea Bridge Road is one which separates itself from its existing industrial heritage. In contrast, the scheme is to enrich the area with a new lease of life, establishing itself as a place to live, shop, dine and relax. Welcome to the beginning of something special. Computer generated image is indicative only 3 A VISION IN MOTION Motion is on the starting blocks of a bold new chapter for Lea Bridge Road and Waltham Forest. Rising above an up-and- coming area of East London, it has been created to offer a new blueprint for life. As the borough moves forward, Motion will lead this regeneration with attainable modern apartments, green residents-only gardens and integrated retail and lifestyle amenity spaces. The vision for 97 Lea Bridge Road is one which separates itself from its existing industrial heritage. In contrast, the scheme is to enrich the area with a new lease of life, establishing itself as a place to live, shop, dine and relax. Computer generated image is indicative only 4 THE BIGGER PICTURE Historically, the area surrounding 97 Lea Bridge Road is known for its deep industrial roots that date back centuries. However, as industry within the area has started to decline, Waltham Forest Council have taken action to disengage from these industrial ties. Accordingly, their intension is to reinvent the Lea Bridge area as a thriving local economy and a desirable place to live. The 2012 Olympic Games and their legacy have been paramount in the transformation of East London. Since then Waltham Forest Council and its partners have been developing plans to ensure that the neighbourhoods in and around the south of the borough capitalise upon the investment in the region. 97 Lea Bridge Road is Olympic Velodrome at Lea Valley located within the North Olympic Fringe Area Action Plan, which has been identified by the Council as an area for investment and growth. With the reopening of the adjacent Lea Bridge station and plans to renew Lea Bridge Road, the Council envisages that this site, as a landmark development, will be seen as a catalyst for further regeneration. Copper Box Arena Olympic Park Stratford Newly renovated Lea Bridge Station (one minute walk) 5 THE BIGGER PICTURE The land at 97 Lead Bridge Road benefits from both country and city living, being a short walk from one of Greater London’s largest and most scenic green spaces, the Lea Valley Regional Park. Stretching 26 kilometres along the River Lea, with spectacular grasslands and expansive nature reserves, the park is a massive attraction for walkers, joggers, cyclists and outdoors enthusiasts. Equally, sport fanatics can enjoy some of the best sport facilities London has to offer. Lea Valley Park’s exceptional facilities include one of London’s most famous ice rinks, superb equestrian venues and Hackney Marshes’ rugby, football and cricket pitches are plentiful. In addition the neighbouring Olympic Parks facilities include the London Aquatics Centre, Copper Box Arena, Lee Valley Velopark and the Lee Valley Hockey and Tennis Centre. Millfields Park North 6 As well as these attractions for the physically active populace, the area offers a number of retail and entertainment opportunities. The success of Nearby Westfield Stratford shopping centre has emphasised the high retail demand in the area with 339 reputable shops and restaurants, including John Lewis and Marks & Spencer, as well as a 17 screen cinema, a bowling alley and casino. 97 Lea Bridge Road will benefit from several strong transport links. The recent reopening of Lea Bridge Road train station sits adjacent to the commercial space at 97 Lea Bridge Road. Commuters can enjoy frequent and direct journeys to and from Stratford, a major travel hub with connections to London Underground Central and Jubilee lines, DLR and overground services. In addition to rail travel, there are excellent road links that provide immediate access to the west and east through Lea Bridge Road. This road leads commuters to other major roads such as the A12, North Circular and M25. Overall, the development of this exciting new mixed use build will provide a valuable boost to Waltham Forest Council’s on going plans to regenerate Lea Bridge Road and the local economy. The existing high demand for leisure and retail services in the area further accentuates the investment opportunity these commercial units offer. Interest is now being sought from potential purchasers and those who wish to lease the mixed use retail units at 97 Lea Bridge Road. Ruttle & Rowe mobile espresso bar Westfield Stratford City at Lea Bridge Station 7 THE LOCATION GATEWAY TO CONNECTED VIBRANT SUSTAINABLE WALTHAM FOREST Opportunity to enhance connections to the Lea NEIGHBOURHOODS Via the Lea Valley Valley and access to poublic transport, living up Opportunity to intergrate growth to strenghen Via Central Line to area’s North East London position. existing centres and neighbourhoods with high Via Queen Elizabeth Olympic Park Opportunity to extend the network of streets and quality new public spaces, exploring opportunities pedestrian and cycle routes across the area and for enhancing existing cultural venues, evening reduce the dependence upon private cars. economy uses and providing new performance space, good green and community infrastructure, schools and community facilities. VITAL BUSINESS AREA GREAT PLACE TO LIVE Keep, Seed, Grow GREEN SPINE Opportunity to diversify the employment base Opportunity to deliver a range of new homes and cater for future needs, new directions and for all Londoners. Opportunity to improve and enhance the Lea specialisms, eg supporting creative/digital Value the character of the existing place and use Valley Regional Park landscape (designated business hubs. this to steer future change – ensuring a brilliant as Metropolitan Open Land), open up the quality of life. accessibility of the Lea Valley with views across the landscape and provide regional sporting facilities. 8 Black Horse Tottenham Hale Road A112A112 (Victoria) (Overground A1006A1006 & Victoria) WALTHAMSTOW Walthamstow Central (Overground & Victoria) St James Street Walthamstow Queens Road MARK HOUSE RD B159 TOTTENHAM HALE A104 A112 Lee Valley Park A104A104 DAGENH Springfield Park Walthamstow AM E BROO Leytoneyton Marshes O BRIDGEBRIDG RD C OK A HU UPPER K LE LEYTOLEYTON MidlandM Roadoad R CLAPTON CH RD A112A112 RIVE A107 R L E Leyton A Marshes Lea Bridge FRANCI S R D LEAA VAVALLEYLLEY ICEICCE CENTRCENTC E A104 LEA BRIDGE NORTHWOLDD RD O RIE OLI NT Leytoneyton WAY V LEYTOLEYTON MillfieldsMillfields Jubilee Park E R ParkPark R Clapton D A107A107 REN RD AR W Rectory Road CLAPTON NEW SPITALFIELDS Hackney A106 MARKET Marshes CH ATSWOR Leyton A12 (Central) TH RD A112 LEA VALLEY Hackney LOWERLOWER HOCKEYHOCKEY & TENNTENNISIS AMH Downs A107A107 CCLAPTONLAPTON CENTRECENTRE U RST RD A107 B112 HOMERTON A12A12 B112 EASTEAST DALSTON LN HHEREERE EAEASTST VILLAGVILLAGE Hackney Hackney STRATFORD DALSTON Downs Homerton Central COCOPPERPPER BBOOX A1207 ARENA Stratford HACKNEY B113 HHACKNEACKNEY International PICTURE HOUSE QUEEN ELIZABETEL H WWICKICK OLYMPICPIC PARK B113B113 RD ND D SSLA R HACKNEY CA K AR Hackney Wick StratforStraratfort d City P IA A107A107 ICTOR V Well Street A12 Common London Fields ST Stratford WELL LONDON FIELDS SOUTH Victoria Park HACKNEY LONDON Stratford STADIUM DLR RD PARK VICTORIA 9 View South East towards the Olympic Park and Canary Wharf Motion offers a perfect fusion of spaces, homes of real distinction with retail opportunities at the heart of the community 10 THE OPPORTUNITY At its heart will be six new mixed use retail units, including a double storey leisure/gym centre. Once occupied, the commercial space will help to identify Lea Bridge as a hub for shopping, amusement and leisure. The scheme includes: • six new mixed use retail units • excellent transport links • various commercial unit sizes available • 300 new homes above the commercial units • a catalyst for investment for the surrounding area • the beginning of a promising regeneration scheme London Borough of Waltham Forest is bringing forward three other adjacent sites to continue the regeneration of the Lea Bridge station. Computer generated image is indicative only Computer generated image is indicative only 11 AN AWARD WINNING TEAM Hill PTE Hill is an award winning developer working throughout PTE specialises in the creation of new neighbourhoods London and the south east. Hill has worked on a number
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