Residential Development Opportunity

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Residential Development Opportunity RESIDENTIAL DEVELOPMENT OPPORTUNITY LAND TO REAR OF 10-42 Kings Cross Road WC1X 9PD (adjacent Granville Square) CGI showing indicative scheme LAND TO REAR OF Summary 10-42 Kings Cross Road WC1X 9PD • Residential development opportunity (subject to planning). • An exceptional location, conveniently situated for the West End, City and Covent Garden, as well as Islington's fashionable Upper Street and Exmouth Market. EET ET TR RE K S ST RIC N DE TO RE AR • Transport links can be found close by at Kings Cross, St Pancras F WH International, Farringdon (Hammersmith & City Line, Crossrail) GRANVILLE and Angel (Northern Line). K IN SQUARE G ’S C R • PTAL 6b which is regarded as ‘excellent’. O S T S E R E O R • Freehold. A T D S R E K A • Offered with the benefit of vacant possession. B D Y O L • Seeking unconditional offers in excess of £1,250,000 (One L Million Two Hundred and Fifty Thousand Pounds), subject to A201 contract. Indicating site available LAND TO REAR OF 10-42 Kings Cross Road WC1X 9PD Location A5202 The site is located just off King’s Cross Road, approximately 0.7 miles from Angel Kings Cross St Pancras station (8 D ILLE ROA PENTONV minutes’ walk) and 0.75 miles from S T C A501 ITY Angel tube station (Northern Line) (10 St Pancras King’s J A501 R O O AD International Cross H minutes’ walk). N S A501 T A501 K The I Farringdon station is within 10 minutes' N British G Library ’S walk. When the Elizabeth line Sadler’s Wells C G (Crossrail) opens in 2018 Farringdon D R A O O O R GRANVILLE SQUARE S N S station will be one of the busiest in the O A401 W T S US E E R L UK, connecting with Thameslink and Euston O L A D R the London Underground to provide O A4200 LAND TO REAR A D links with outer London, the home E A5200 LAC K P 10-42 KING’S CROSS ROAD A501 OC T counties, the City, Canary Wharf and IST A201 REE TAV L ST CIVA three of London's five airports (City, PER CLERKENWELL B502 A1 Heathrow and Gatwick). B502 G R E W The Brunswick A U Directly outside the entrance to O Y N F Centre A B S E R U I V A400 N R Gwynne Place ( a 1-minute walk) the R A I N N N Y G P R 63 bus to Farringdon station stops. R D L O E O A A C B502 B N Four stops and you arrive at Farringdon D E E R S O G A station within 13 minutes. O O D W Russell Square R E OAD R KENWELL R CLER A400 S It’s position provides fast access to City T R E Road, the Clerkenwell Road and the E T A401 A1. D OA Farringdon Goodge ’S R LD Street BA EO TH LAND TO REAR OF Description 10-42 Kings Cross Road WC1X 9PD The site comprises vacant storage land of approximately 100.48 sq m to the rear of Granville Square, accessed from King’s Cross Road by Gwynne Place, via an undercroft beneath the Travelodge hotel. There are no built structures on the site. A separate pedestrian access route to Gwynne Place exists from Granville Square. The site sits between mid-19th century residential properties within the New River Conservation Area, and a late 20th century hotel block running along King’s Cross Road. Historically the site used to be the location of a boot factory and a roofed yard for the Scholl Manufacturing Co. Ltd. Plan showing extent of site outlined in red (not to scale). CGI above showing indicative scheme LAND TO REAR OF 10-42 Kings Cross Road WC1X 9PD Planning The site has minimal planning history. The most recent planning application dated 23 Dataroom July 1987 which permitted the temporary use of the site for open storage purposes for For access to the following documents, please contact Duncan Wilson for access to the a period of 3 years (LPA ref. 861156). There are no other planning applications Dataroom ([email protected]): applicable to the site that have established a lawful use on the site. Our clients have proposed a scheme with provides for two, 2-bed mews style houses • Pre-application 2015 over ground and three upper storeys. Unit 1 comprises 119.8 sq. m of GIA and Unit 2, 136.3 sq. m. of GIA. • 2015 Local Authority written response The pre-application advice received in June 2016 notes the Council's general • Pre-application 2016 acceptance to the proposed residential redevelopment of the site for 2 x residential units, with the approach to massing, design and detailing considered acceptable. • 2016 Local Authority written response • Proposed floor plans • Title • Rights of access • Planning Advice Note • Decision Notice Existing Site LAND TO REAR OF 10-42 Kings Cross Road WC1X 9PD Property Address St Albans House Land to the rear of 10-42 Kings Cross Road 57/59 Haymarket London WC1X 9PD London SW1Y 4QX (adjacent Granville Square). 020 7629 1533 astonrose.co.uk Local Authority London Borough of Islington. Tenure The site is held Freehold under Title No. NGL821476. To arrange a viewing (strictly by appointment only) or for further information, please contact:- Proposal Unconditional offers invited only. Duncan Wilson - Head of Development Consultancy 020 7079 1965 [email protected] Submission Deadline The closing deadline for receipt of offers is 4pm (1600hrs) on Wednesday 6th December 2017. Price Offers are invited to purchase the freehold interest in excess of £1,250,000 (One Million Two Hundred and Fifty Pounds), subject to contract. OS Plan reproduced with permission. ©Crown Copyright 2014. All rights reserved. Licence Number 100047514 MISREPRESENTATION ACT These particulars are believed to be correct and, where practicable, reasonable steps have been taken to ensure their accuracy, however this cannot be guaranteed. They do not form part of any offer or other contract. The owner of this property does not make or give, representations or warranties in relation to this property. Aston Rose (West End) Limited and its employees do not accept any responsibility for information supplied to them by the owner or any third party. Any intending purchaser or lessee must satisfy itself by inspection or otherwise as to the correctness of the particulars. All measurements are approximate. The plans in these particulars are published for convenience of identification only, and although believed to be correct, their accuracy is not guaranteed and do not form part of any contract. NOVEMBER 2017.
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