Single Page.Qxd

Total Page:16

File Type:pdf, Size:1020Kb

Single Page.Qxd 02 SUMMER 2003 Changing London AN HISTORIC CITY FOR A MODERN WORLD ‘Many London squares are neglected, undervalued, hidden… or simply forgotten’ Drew Bennellick Landscape Architect, English Heritage. London is a uniquely green city. An aerial view of the metropolis reveals an extraordinary quilt of open spaces – great inner city parks, outer London woodlands, private gardens large and small, formal squares, sports fields, cemeteries, tiny corners of grass, trees and flowers… London’s green patchwork is an integral part of the home, the workplace and playground of one of the world’s greatest historic cities. Together with its waterways and varied and sophisticated network of streetscapes, London presents a diverse and ever-changing urban environment that is unequalled elsewhere in the world. But is this diversity in harmony? This second issue of Changing London suggests there’s much going on to keep the balance right – but still a great deal more to do. CONTENTS 4 6/7 2/3 Down In The Urban Forest ‘Sweet Thames, run softly…’ Forgotten Oases? 5 Planning the future of London’s London Garden Squares Reviving the Streets river and other waterways 02 SUMMER 2003 ‘MANY SQUARES ARE NEGLECTED UNDERVALUED, HIDDEN OR SIMPLY FORGOTTEN’ Drew Bennellick, English Heritage Landscape Architect. 2/3 FORGOTTEN OASES? LONDON GARDEN SQUARES Brunswick Square: before restoration. Park Square: reinstated railings. WITH OVER 600 SQUARES,THESE URBAN GREEN SPACES PROVIDE A CRUCIAL LINK BETWEEN PRIVATE DOMESTIC GARDENS AND LARGE URBAN PARKS The London square is one of the capital’s has created great interest.Technical (following the original designs), has greatest green assets and yet often the advice has been offered to many garden transformed one of London’s greatest INFORMATION POINT most taken for granted. With over 600 managers on planting, design, garden architectural set-pieces. A Campaign for London Squares (product code XH squares, these urban green spaces provide archaeology, suitable path surfaces, railing Later this year will see the completion 20153) can be obtained from a crucial link between private domestic repair or reinstatement.We also advise of works to restore Brunswick and English Heritage Customer gardens and large urban parks. But many on ways to reduce vandalism. Bloomsbury Squares. Both are included Services on 0870 333 1181 are neglected, undervalued, hidden or The last year has seen some impressive within the English Heritage Register of London Garden Squares Day simply forgotten.These oases provide improvement projects to some of Parks and Gardens of Special Historic For the fifth year running, on crucial wild life havens, safe play spaces, London’s most important squares.The Interest and both have been awarded Sunday 8th June the London Historic Parks and Gardens tranquil gardens and the setting for restoration of Russell Square, by Camden grants.The works will include new Trust with support from thousands of listed buildings. Although Council with support from the Heritage planting, path repairs, new furniture and English Heritage presents over 400 are protected by the London Lottery Fund, included the redevelopment at Brunswick Square, the reinstatement London Garden Squares Day. Squares Preservation Act of 1931, a of the café, the replacement of the of the impressive perimeter railings and This is a unique opportunity unique piece of legislation designed to to explore many of the capitals perimeter planting, the provision of gates.The works will complement the most hidden squares with over prevent their loss to development, many new furniture and most notably the landscape works recently completed at 70 private and public squares are uncared for and actually detract from reinstatement of the perimeter railings, the adjoining Coram’s Fields to restore and gardens taking part this year. their surroundings. which were removed during the Second elements of the historic landscape and Details and ticket information English Heritage is working hard to World War. provide new play facilities. from www.opensquares.org.uk promote the importance of the urban Many London squares were stripped of John Ruskin wrote,‘The measure of a city’s garden square. Our brochure, A Campaign their historic railings in 1941 and are still greatness is to be found in the quality of for London Squares, sets out our mission enclosed by ugly chain link fencing.The its public spaces, its parks and squares.’ to encourage investment in their care and Crown Estate’s superb reinstatement of We are working in partnership to restore management, to raise their profile and to the railings to Park Square East and West, that quality throughout the capital. ensure their conservation.The campaign plus the new gates to Regent’s Park 02 SUMMER 2003 The West End benefits from the generous Metropolitan Public Gardens Association open spaces of the inner Royal Parks. many were laid out as public gardens. Richmond, Bushy and Greenwich Parks Formal urbanity gave way in the C19 and add greatly to the amenities of south early C20 to more picturesque residential London.The Royal Parks were originally developments with both private gardens enclosed for hunting and later embellished and shared open space for informal and gradually made accessible to the recreation and organized sports, as public. In Bushy Park and Richmond Park exemplified by Hampstead Garden field boundaries and ridge-and–furrow Suburb and the “cottage estates” built by ploughing patterns survive as evidence the London County Council. Post-World of the earlier agricultural landscapes. War II redevelopment included the Epping Forest is a fragment of the formation of Burgess Park in south mediaeval royal hunting forest, and Trent London and Mile End Park in east Chris Sumner, Regional Parks Park, planted as a landscape park around London, and the creation of the Alton & Gardens Adviser. a grand house, was once part of Enfield Estates at Roehampton, where blocks of Chase. Other mansions and great houses flats of modern design were built by the survive as the centrepieces of parks, LCC in a landscaped setting provided by notably Osterley, Syon, Ham, Kenwood the grounds of a number of large C18 DOWN IN THE URBAN and Chiswick.The Royal Botanic Gardens, villas that were retained. Kew and the Chelsea Physic Garden In the City of London an area largely combine pleasure gardens with scientific destroyed by bombing was rebuilt by the institutions. Corporation of London as The Barbican, Cattle still graze at Osterley and Syon and a development of medium- and high-rise on Petersham Meadows, whilst farmland flats, a school and Arts Centre with survives around the fringes of London as lakes, fountains, lawns and trees which part of the Green Belt. At Totteridge and incorporates remains of the City’s FOREST at Harefield the historic pattern of small Roman wall. ‘LONDON IS ONE OF THE GREENEST hedged fields remains essentially The last few years have seen the unchanged. CITIES IN THE WORLD’ restoration of a number of public parks Land that was too poor to be cultivated in London using Heritage Lottery Fund The Forestry Commission calls London “the largest urban forest in the economically formed the basis of the money and at least one important new world” – about one twentieth of its surface is covered by trees.When metropolitan commons and heaths, such public park has been created – Barrier the royal and public parks, public and private gardens, playing fields, as Hampstead Heath, which were the Park at the north end of the Thames squares and cemeteries are added, the statistics start to bear out what subjects of some of the earliest campaigns Barrier. to protect London’s open spaces from the Londoner knows and the visitor rapidly perceives: London is one Our aim is to help tend the diverse ‘urban development. London’s expansion was of the greenest cities in the world. forest’ that is London so that future accompanied by the creation in the mid generations can enjoy what our forebears C19 of a number of large public parks, have bequeathed us. such as Battersea,Victoria and Finsbury, intended to provide physical and spiritual recreation and moral improvement for Londoners, especially those who did not have easy access to the Royal Parks or to private gardens and squares. The construction of Victoria Embankment INFORMATION POINT in the 1860s by Bazalgette led to the English Heritage’s Register formation of Embankment Gardens, of Parks and Gardens includes stretching for more than a kilometre descriptions of over 140 sites considered to be of special along the Thames. Some thirty years historic interest. It can be earlier, the scandal of overcrowded and obtained from Customer insanitary churchyards led to the creation Services (T: 0870 333 1181) of large cemeteries on cheap land away The Inventory of Parks and Gardens, prepared by the from the city centre. Kensal Green London Parks and Gardens Trust (1833), West Norwood (1838), and with financial assistance from Highgate (1839), are the earliest of the English Heritage and others was launched at the Trust’s Spring large metropolitan cemeteries, laid out as Conference in April 2003.It privately financed burial grounds adorned describes sites across London, with public walks, park planting and fine most of which are accessible to the public and all of which buildings and monuments. At much the contribute to London’s same period, the inner city churchyards greenery. Details from the were closed for burials, and with support London Parks and Gardens Trust (T: 020 7839 3969) from organizations such as the ‘Green all over’: Cricklewood typifies London’s suburban landscape. 4/5 ‘Integrated townscape management will bring order and clarity to London’s streets REVIVING THE STREETS to a minimum and signs preferably Lottery funding and also to Trinity House treatments on streets, cameras, cabinets located at the back edge of the Square which Tower Hamlets and the and signs have all required English pavement, ideally mounted on the Corporation of London have been Heritage to work closely with Transport buildings.
Recommended publications
  • V4 21-23 Parkhouse Street
    21-23 Parkhouse Street - FOBP response to Planning Application 19/AP/0469 FOBP object to 21-23 Parkhouse Street on the following grounds: - The height of the building is not appropriate it is not in line with current policy and is not appropriate for the character and townscape next to Burgess Park. - The design does not take into account and give sufficient weight to the planning policies on environment and wildlife - The design does not consider the adverse effect of the development on Burgess Park and the likely significant effect of the loss of sunshine and impact of shade. - Does not mitigate the effect and put in place environmentally friendly design such as e lighting, bat, bird nesting sites, green roofs, green walls or other green/environmentally friendly design features - The design does not consider the impact on the park users and the wider impact on local people’s health and well-being and the need for quality green spaces for the additional people and young people who will reply on Burgess Park for play and public amenity space and green space. - The tall buildings along the edge of the Burgess Park does not meet the character and context of the area. - Provision of playspace is inadequate 1. Negative effects on Burgess Park Visual impact – the 10 storey development is overbearing on the park, it rises above the treeline and is over-bearing and out of scale to the height of dwellings in the immediate area. FOBP disagree with the design and impact statement (5.47) that the view of the 10 storey block is barely noticeable.
    [Show full text]
  • Elephant Park
    Retail & Leisure 2 Embrace the spirit Retail at Elephant Park Embrace the spirit Retail at Elephant Park 3 Over 100,000 sq ft of floorspace Elephant Park: including affordable retail Opportunity-packed 50+ Zone 1 retail & shops, bars leisure space in & restaurants Elephant & Castle Four curated retail areas 4 Embrace the spirit Retail at Elephant Park Embrace the spirit Retail at Elephant Park 5 Be part of 2,700 a £2.3 billion new homes regeneration scheme at 97,000 sq m largest new park in Elephant Park Central London for 70 years Introducing Elephant Park, set to become the new heart of Elephant & Castle. This ambitious new development will transform and reconnect the area with its network of walkable streets and tree-lined squares, offering residents £30m transport investment and workers a place to meet, socialise and relax. Goodge Street Exmouth Market 6 Embrace the spirit Retail at Elephant Park Embrace the spirit Retail at Elephant Park 7 Barbican Liverpool Street Marylebone Moorgate Fitzrovia Oxford Circus Shopping Holborn Oxford Circus Farringdon Bond Street Tottenham Marble Arch Court Road Covent Garden THE STRAND Cheapside Soho Shopping Whitechapel City St Paul’s City of The Gherkin Thameslink Catherdral THE STRANDTemple Covent Garden London Leadenhall Market Tower Hill Leicester Shopping WATERLOO BRIDGE Monument Mayfair Square BLACKFRIARS BRIDGE SouthwarkPiccadilly One of London’s fastest-developing areas Circus Embankment LONDON BRIDGE Tower of St James’s Charing Tate Modern London Cross Southbank Centre London Green Park Borough Bridge Food Markets Market Flat Iron A3200 TOWER BRIDGE Elephant Park will offer an eclectic range of retail, leisure and F&B, all crafted to meet the demands Southwark Markets The Shard of the diverse customer profile.
    [Show full text]
  • Parks, People and Nature
    Parks, People and Nature A guide to enhancing natural habitats in London’s parks and green spaces in a changing climate Natural England works for people, places and nature to conserve and enhance biodiversity, landscapes and wildlife in rural, urban, coastal and marine areas. We conserve and enhance the natural environment for its intrinsic value, iithe wellbeing and enjoyment of people, and the economic prosperity it brings. Parks, People and Nature A guide to enhancing natural habitats in London’s parks and green spaces in a changing climate Introduction My vision for London is of a green city, and a fair city, where everyone has access to a high quality green space in which wildlife can be encountered close to where they live and work. London has some of the Ýnest parks of any capital city in the world. Yet it also has some areas lacking in green space, and many more where the quality of the green spaces could be better. This booklet provides a valuable practical guide on how to improve access to nature in parks and green spaces, complimenting my London Plan Implementation Report on Improving LondonersÔ access to nature. Appropriate design and management of our parks and green spaces will be one of the key challenges that will enable the City to adapt to climate change. Park managers need to be working now to plant the trees that will provide shade for a much warmer city in the 2080s. We also need to start thinking now how our parks can help in addressing broader environmental challenges such as Þood risk management.
    [Show full text]
  • Burgess Park Southern Entrance Project: Results of the Second Public Consultation
    Burgess Park Southern Entrance Project: Results of the second public consultation 2 Burgess Park Southern Entrance Project: Results of the second public consultation (19 May to 14 June 2015) Contents 1. Introduction 4 4.2. Play Area 13 4.3. Nature Area 14 1.1. The Southern Entrance Project: Overview 4 4.4. Outdoor Gym 15 1.2. Second Public Consultation: Objectives 5 4.5. Further Comments 17 2. Executive Summary 6 4.6. Survey Demographics 18 3. Consultation Programme 7 5. Additional Feedback 19 3.1 Southern Entrance Project Survey 7 5.1. Email and written correspondence 19 3.2 Exhibitions 7 3.3 Stakeholder Meeting 8 Appendix A – Updated proposals 20 3.4 Public event 9 Appendix B – Survey comments 21 4. Southern Entrance Project Survey 10 Appendix C – Emails from stakeholders and residents 58 4.1. Overall Plans 10 Free text responses: I like the plans 11 Appendix D – Southern Entrance Project Survey Free text responses: I like some of the plans 11 62 Free text responses: I dislike the plans 12 3 1. Introduction 1.1. The Southern Entrance Project: Overview Following completion of the Revitalise Burgess Park project in 2012, Southwark Council is looking to improve other areas of the park which have not had any changes made to them. During the first two phases of the park’s revitalisation, no improvements were made to the south western area of the park including Rust Square, the nature area and adjacent grassland. Southwark Council now plan to landscape and improve this area of the park and we are calling this the Southern Entrance Project.
    [Show full text]
  • London Tube by Zuti
    Stansted Airport Chesham CHILTERN Cheshunt WATFORD Epping RADLETT Stansted POTTERS BAR Theobolds Grove Amersham WALTHAM CROSS WALTHAM ABBEY EPPING FOREST Chalfont & Watford Latimer Junction Turkey Theydon ENFIELD Street Bois Watford BOREHAMWOOD London THREE RIVERS Cockfosters Enfield Town ELSTREE Copyright Visual IT Ltd OVERGROUND Southbury High Barnet Zuti and the Zuti logo are registered trademarks Chorleywood Watford Oakwood Loughton Debden High Street NEW BARNET www.zuti.co.uk Croxley BUSHEY Rickmansworth Bush Hill Park Chingford Bushey Buckhurst Hill Totteridge & Whetstone Southgate Moor Park EDGWARE Shenfield Stanmore Edmonton Carpenders Park Green Woodside Park Arnos Grove Grange Hill MAPLE CROSS Edgware Roding Chigwell Hatch End Silver Valley Northwood STANMORE JUBILEE MILL HILL EAST BARNET Street Mill Hill East West Finchley LAMBOURNE END Canons Park Bounds Green Highams Hainault Northwood Hills Headstone Lane White Hart Park Woodford Brentwood Lane NORTHWOOD Burnt Oak WALTHAM STANSTED EXPRESS STANSTED Wood Green FOREST Pinner Harrow & Finchley Central Colindale Fairlop Wealdstone Alexandra Bruce South Queensbury HARINGEY Woodford Park Turnpike Lane Grove Tottenham Blackhorse REDBRIDGE NORTHERN East Finchley North Harrow HARROW Hale Road Wood GERARDS CROSS BARNET VICTORIA Street Harold Wood Kenton Seven Barkingside Kingsbury Hendon Central Sisters RUISLIP West Harrow Highgate Harringay Central Eastcote Harrow on the Hill Green Lanes St James Snaresbrook Walthamstow Fryent Crouch Hill Street Gants Ruislip Northwick Country South
    [Show full text]
  • Cross River Tram Indicative Alignment & Stop Locations
    Cross River Tram Indicative Alignment & Stop Locations Cambridge Luton The North East Bedford Scotland North East Midlands Paris West Brussels Scotland Kent Coast Camden Town St Pancras Hospital Mornington King's Cross Crescent St Pancras Regents Park Euston Tavistock Square London University Russell Square Moorgate British CAMDEN Museum Holborn CITY OF Liverpool Street CITY OF LONDON LSE WESTMINSTER St Paul’s Fenchurch Aldwych Cathedral Street Covent Kings Blackfriars Cannon Garden College Street Somerset Millennium National House Bridge Gallery Oxo Tower Tate Globe Charing South Bank Modern Theatre Cross Waterloo London Waterloo Bridge Green Park International St George's Circus Houses of Lambeth South London Parliament University North Kent Elephant & Imperial War Castle North Museum Victoria Tate Gallery Elephant Millbank Paris & Castle The South West Interchange Catesby Street Kennington East Street Cross Albany Road Burgess Park LAMBETH Chandlers Way Battersea Park Oval SOUTHWARK Key Peckham Cross River Transit Albert Square Kelly Avenue and potential stops Arch Interchange with Underground Peckham Interchange with Stockwell Bus Station National Rail The Swan Roads Railtrack Stockwell Green Congestion charging area Academy This map is reproduced from Ordnance Survey material with the permission of Ordnance Survey on behalf of the Controller of Her Majesty's Stationery Office © Crown copyright. Brixton Unauthorised reproduction infringes Crown Croydon copyright and may lead to prosecution or civil Gatwick proceedings. (GLA) (100032379) (2004) Brighton.
    [Show full text]
  • Appendix 13.2 Sincs Within 2Km of the Site Appendix 13:2 Sites of Importance for Nature Conservation (Sincs) Located Within the 2Km Study Area
    Appendix 13.2 SINCs within 2km of the Site Appendix 13:2 Sites of Importance for Nature Conservation (SINCs) Located Within the 2km Study Area Record and Source Approx Distance and Description Direction from Site Victory Park and Elba 20m North A community park and nature garden located close Place Nature Garden to Elephant and Castle. Habitats include roughland, SINC informally managed grassland, small areas of scrub and young woodland. Dickens Square Park 0.5km North An informal little open space, not far from (Rockingham Park) SINC Elephant and Castle. The edges of the park have (SLI) been allowed to evolve into woodland. Rough grassland and tall herbs provide further habitat. A number of very uncommon bird species for central London have been recorded such as blackcap and green woodpecker. Tabard Gardens SINC 0.65km North A welcome open space in a heavily built up area. (SLI) Its main nature conservation interest lies in the dense thicket of native shrubs in the centre of the park. This is the best place to look for birds, such as great tit, robin and blackbird. The park also features two raised banks which have been sown with wildflowers; salad burnet, agrimony (Agrimonia eupatoria), common knapweed (Centaurea nigra), and wild carrot (Daucus carota) are all thriving here, together with the prickly flower heads of wild teasel (Dipsacus follonum). Goldfinches visit to feed on the seed heads. Surrey Square Park 0.65km Southeast A small park, just off Old Kent Road, which now SINC (SLI) includes a former nature area developed by the neighbouring school.
    [Show full text]
  • Parks User Survey
    RESPONSE TO THE 2020 PARKS USER SURVEY March 2021 Lambeth Council 1 Parks: User Satisfaction Survey 2020 Response to Comments Because of Covid-19 restrictions it was not felt appropriate to carry out face-to-face surveys for 2020. Instead the survey was put online and publicised as widely as possible. The survey ran between 24 August and 2 November 2020, with 1,120 surveys completed, covering 45 parks and open spaces. This represents well over half of all the sites Lambeth manages. The survey report is available online at: https://www.lambeth.gov.uk/leisure-parks-and-libraries/parks. Overall, 90% of respondents said that they were satisfied with Lambeth’s parks. Feedback from users constitutes vital information to help ensure we are providing a good quality service and meeting the needs of residents. This report provides a response to the user feedback given, with a focus on the answers given to the question of what we can do better. The first section addresses the core areas which users were asked to assess and details what action, if any, we are planning to take for those sites where more than 10 per cent of respondents gave a grading of Poor or Very Poor. To avoid skewed data from low sample sizes we have excluded sites with less than 10 responses. The second section lists all of the additional comments provided through the survey, by park; as well as a response which attempts to address the main themes. S106 refers to money secured from developers after planning permission is granted, as a contribution to local infrastructure 2 Horticulture: quality of trees, plants and grass (89% satisfaction) 68% of respondents (1,106 responses) classed horticulture as Excellent or Good, with 21% satisfied, 9% considering it to be Poor and 3% classing it as Very Poor.
    [Show full text]
  • Advertise Here Advertise Here
    1 2 3 4 5 6 7 8 To Chalk To Kentish To Finsbury To South Hampstead Farm Town To Holloway Park To Stoke Newington To Clapton To Clapton To Swiss CS1 Cottage Camden London Road Fields Northchurch Kingsland Road Queensbridge Road Q2 CAMDEN Terrace Caledonian Q2 Camden Town Road To West Allitsen Road HACKNEY A Hampstead Ordnance Hill Camden Agar Lauriston Road A Street Grove Lofting Road Broadway Market High Street Danbury Road Downham Road Circus Road Gloucester Gate 7 8 V4.3 SEP 2017 Q2 HOXTON To Kilburn ST JOHN’S Regents Park ANGEL Hoxton Street WOODS Angel Sutherland Avenue Amwell Street CS1 Victoria Park Blomfield Kings Cross Frumpton Street Regents Great Portland Road Pitfield Street Randolph Road /Regents Canal Park Street Euston Kings Cross Hackney Avenue Crawford Street City Farm Gower St Pancras To Maida Hill International Warwick Street SHOREDITCH Grove Road To Stratford Avenue Q2 BETHNAL Tavistock Regent Bethnal Little Venice Goodge GREEN MARYLEBONE Street Square Square Green Road CLERKENWELL Kingsland Road Paddington Gardens Great MILE END Basin Marylebone Bath Eastern Clerkenwell Road Street Old Street Street BAYSWATER Weavers Field CS2 B Paddington B Smithfield Charterhouse Bishopsgate Market Bunhill Row Wilson Street Brick Lane Queen Mary Bayswater Sussex Gardens Street University CS3 Connaught Square Bloomsbury Drury Q Queensway Oxford Circus Lane WHITECHAPEL Street Q Barbican To Shepherd’s Moorgate Liverpool Street Bush Q11 Aldgate East Notting Hill Lancaster Gate Marble Bond Street Tottenham Holborn Chancery Lane Arch Court
    [Show full text]
  • Choice Schemes
    D’Eynesford D’eynesford Sheltered Housing Scheme Southwark Council 64 Don Phelan Close London SE5 7BB Tel 020 7701 7858 Number of apartments 23 0 No guest rooms available D’Eynesford is located at Camberwell Green, with its varied range of cultures, ages and classes. The scheme is located near charming shops and businesses. There are good transport links from the regular bus services that pass around Camberwell Green. D’Eynesford also has a thriving tenants association that puts on social activities and advocates any issues that tenants may raise. Bingo is a favourite at the scheme and is often played by residents. There are regular coffee mornings and tenant meetings. Regular rent and tenancy advice is given by neighbourhood staff who often visit. Areas of interest The scheme is close to popular Camberwell Green, with its swimming pool and leisure centre. Also nearby are the gardens of Burgess Park and Chumleigh Gardens. The renowned Camberwell arts festival is held in June, which is organised by nearby Camberwell College of Arts. 54 Sheltered housing service 020 7525 4231 / 4180 Schemes in Camberwell D’Eynesford Transport Buses: 12, 35, 36, 40, 42, 68, 171, 176 – Camberwell Green, Victoria, Elephant and Castle, Brixton, Lewisham, London Bridge, Oxford Circus, New Cross Gate, Peckham. Trains: Not far from Loughborough Junction and Denmark Hill train stations. Shopping The Camberwell Shopping precinct has been offering an eclectic combination of everyday goods and luxury items for over 160 years. Shops include a Safeway, a traditional fresh food market, antique stores and a post office. Day Centres Camberwell Day Centre Activities The scheme regularly holds bingo games, as well as daily evening tea in the residents lounge.
    [Show full text]
  • London Urban Logistics Investment
    LONDON URBAN LOGISTICS INVESTMENT DRAFT 24–50 OSSORY ROAD BERMONDSEY LONDON SE1 5AN 24–50 OSSORY ROAD • BERMONDSEY • LONDON • SE1 5AN LONDON URBAN LOGISTICS DRAFT 2 24–50 OSSORY ROAD • BERMONDSEY • LONDON • SE1 5AN LONDON URBAN LOGISTICS SUMMARY • A rare opportunity to acquire an ultra-prime modern single let trade counter/industrial warehouse in a central London location. • Well located in the London Borough of Southwark, approximately 3 miles south of Central London. • Conveniently located c. 0.9 miles from South Bermondsey Railway Station and 1.5 miles to Elephant & Castle Underground and National Rail stations (Northern Line & Bakerloo Line and Thameslink). • The premises is configured as two industrial units utilised by a single tenant, totalling 22,991 sq ft GIA. • The site is fully let to Rexel UK Limited, representing a ‘minimum risk of business failure (4A1). • Currently producing a very low passing rent of £307,800 per annum equating to £13.39 per sq ft. • Estimated Rental Value in excess of £20 per sq ft in its current layout. Opportunity for further growth subject to reconfiguration into two industrial units. • 1.5 years to first break and9.5 years to expiry. • Freehold. DRAFT • Potential residential redevelopment opportunity, subject to obtaining consents. We are instructed to seek offers in excess of £8,875,000 (Eight Million, Eight Hundred and Seventy Five Thousand Pounds) subject to contract and exclusive of VAT, which reflects acapital value of £386 per sq ft and a Net Initial Yield of 3.25%, assuming purchaser’s costs of 6.68%. 3 24–50 OSSORY ROAD • BERMONDSEY • LONDON • SE1 5AN LONDON URBAN LOGISTICS LOCATION PROPOSED BAKERLOO LINE EXTENSION Bermondsey is a densely populated south-eastern suburb of Central South Bermondsey railway station is under a mile away and provides a London, located within the Borough of Southwark.
    [Show full text]
  • LONDON, SE5 0DP EXECUTIVE SUMMARY N Well Let Pub Investment Opportunity with Significant Future Development Potential
    WELL LET PUB INVESTMENT OPPORTUNITY WITH SIGNIFICANT FUTURE DEVELOPMENT POTENTIAL NAG’S HEAD 242 CAMBERWELL ROAD LONDON, SE5 0DP EXECUTIVE SUMMARY n Well let pub investment opportunity with significant future development potential. n Located in the trendy south east London area of Camberwell. n Let for a term of 20 years. n Passing rent of £75,000 per annum. n Freehold. n Totalling 3,167 sq ft GIA. n Long term potential to redevelop the site with planning permission granted for extension of the existing building and change of use to residential. n The Vendor is seeking offers in excess of £1,175,000 (One Million One Hundred Seventy Five Thousand Pounds) subject to contract and exclusive of VAT, for the benefit of the freehold interest in the property. This price reflects a net initial yield of 6.00% after purchaser’s costs of 5.91% and only £371 per sq ft capital value on the existing GIA (£220 per sq ft on the consented area). A R C H W A Ilford Y A Hackney Stratford 1 Camden Market A A13 12 M11 West Ham A501 3 East Ham A1 T HA M E S 1 A G 50 A A T W 1 E T A 3 D W S Y 2 1 E A A R LOCATION W Y A S K 5 C The property is located in Camberwell, a dynamic and Soho 3 O CITY OF A13 1 A D fast improving district in south east London within Mayfair LONDON L Covent Garden A the borough of Southwark.
    [Show full text]