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43 Gunnersbury Avenue, Ealing, London W5 4LP Residential Development Opportunity For Sale www.kingsbury-consultants.co.uk 43 Gunnersbury Avenue, Ealing, London W5 4LP
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
SUMMARY
• 4-bedroom detached house occupying a site of circa 0.18 acres
• Planning permission for a 3-storey new build development comprising 10 apartments (7 x 2 bed and 3 x 3 bed units) totalling 8,164ft2 NSA
• Located on a sought-after residential street, circa 0.6 miles from Acton Town London Underground Station
• Offers invited in excess of £2,250,000 for the freehold interest www.kingsbury-consultants.co.uk 43 Gunnersbury Avenue, Ealing, London W5 4LP
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
DESCRIPTION
The existing property comprises a single 4-bedroom detached house across 2-storeys, positioned on a broadly rectangular site of circa 0.18 acres which includes a substantial front drive and rear garden.
The site is bounded by large detached houses to the south and Popefield playing fields to the north and east.
Vehicular access to the site is taken directly via Gunnersbury Avenue.
LOCATION
The property is located on the western side of Gunnersbury Avenue (North Circular Road) in Ealing, within the London Borough of Ealing.
The immediate area comprises mainly high-quality residential properties, with numerous shops and amenities available on Gunnersbury Lane which is approximately 0.3 miles from the property.
The area benefits from excellent road links to Central London via the A406 and M4. Both Ealing Common and Acton Town London Underground stations (District and Piccadilly lines) are located within walking distance of the property (circa 0.6 miles) offering direct services into Central London, including Holborn in 26 minutes. www.kingsbury-consultants.co.uk 43 Gunnersbury Avenue, Ealing, London W5 4LP
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
PLANNING & DEVELOPMENT POTENTIAL
Planning permission was granted on 14th December 2018, under reference 182600FUL, for the demolition of the existing dwelling and the erection of a 3-storey building (plus basement) to accommodate 10 residential apartments (7 x 2 bed and 3 x 3 bed units) totalling 8,164ft2 NSA of residential floorspace.
The development will benefit from shared amenity space to the rear and 4 off-street parking spaces in a surface level car park to the front of the proposed building.
All units are for private sale however, the planning consent is subject to a Section 106 Agreement which obligates for a financial contributions of £57,878.70. The planning consent is subject to a CIL liability of approximately £26,200.
APPROVED ACCOMMODATION SCHEDULE
Unit Floor Description GIA ft2 GIA m2
1 Basement 3 Bedroom 6 Person Apartment 1,061 98.6 2 Basement 3 Bedroom 6 Person Apartment 1,061 98.6 3 Ground 2 Bedroom 3 Person Apartment 657 61.0 4 Ground 2 Bedroom 3 Person Apartment 721 67.0 5 Ground 2 Bedroom 3 Person Apartment 657 61.0 6 First 2 Bedroom 3 Person Apartment 702 65.2 7 First & Second 3 Bedroom 6 Person Duplex Apartment 1,112 103.3 8 First 2 Bedroom 3 Person Apartment 724 67.3 Proposed Front Elevation 9 Second 2 Bedroom 3 Person Apartment 743 69.0 10 Second 2 Bedroom 3 Person Apartment 727 67.5 Total 8,164 759 www.kingsbury-consultants.co.uk 43 Gunnersbury Avenue, Ealing, London W5 4LP
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
TENURE
The property will be sold freehold.
VAT
The property is not elected for VAT.
TERMS
Offers are invited in excess of £2,250,000.
ADDITIONAL INFORMATION
Further information including planning and legal documents are available within our dataroom using the access code ‘Gunnersbury’.
CONTACT To discuss any aspect of this property or the disposal process, please contact the sole selling agents:
Jordan Oldfield 020 7183 2529 [email protected]
Keir Goldstein 020 7183 2529 [email protected]
Kingsbury 1st Floor, 81 Alie Street, London E1 8NH
Kingsbury on their own behalf and on behalf of the Owner / Landlord of this property whose agents, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: 06869268.