Development Opportunity Land at Store Road, North , E16

For Sale Freehold

g The site comprises a vacant plot extending to approximately 0.36 g Potential for residential development, subject to the necessary hectares (0.9 acres) situated opposite Pier facing consents. Pre-application discussions have been entered into with the . LB Newham and an indicative scheme for 107 residential units in two buildings comprising 10 and 14 storeys has been drawn up. g Approximately 0.4km from King George V DLR Station which provides services to and Bank. Woolwich Arsenal g For sale freehold with vacant possession. is one stop east and will provide connections to from 2018. g Unconditional offers for the freehold interest are preferred but subject to planning offers may be considered. g Within close proximity to City Airport, University of and the proposed ABP business district.

Savills London 33 Margaret Street London W1G 0JD savills.co.uk 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.

Location / Description The site occupies a prominent position on the north side of Pier The is witnessing significant regeneration and investment. Road, opposite the approach road to Woolwich Ferry Pier. The site is There are proposals for 7 million sq ft of new development at bounded to the west by Store Road. To the immediate north is Store Quays, Oxley Holdings and Ballymore are constructing Road Pumping Station and to the east is a bus terminus and the 3,385 homes at Royal Wharf and the Asian Business Port on Royal entrance to the under the river. Albert Dock is predicted to generate 20,000 new jobs.

The site extends to approximately 0.36 hectares (0.9 acres) and is Planning largely overgrown with vegetation and an area of hardstanding at the The site is located within the . The vendor north west corner. has entered into a Planning Performance Agreement for proposals to redevelop the site for residential use. The process has established The site is well served by public transport with King George V that the principle of residential use on the site is acceptable and an Station approximately 0.4 kilometres (0.25 indicative scheme for 107 residential units extending to a total of miles) to the north east. The DLR serves Canary Wharf (19 minutes) c.135,000 sq ft GIA has been consulted on with LB Newham. and Bank (24 minutes). Woolwich Arsenal is one stop east, from which Crossrail services are scheduled to run from 2018. Further information on the Pre-Application process is available on is one stop west on the DLR. the online dataroom along with details of the indicative scheme and a document prepared by Savills Planning department summarising The site is directly opposite Pier for the Woolwich Ferry the planning circumstances and redevelopment potential of the site which operates a two ferry service from 6.10am – 8pm Monday to and the surrounding area. The indicative scheme is one architectural Friday (approx every 5-10mins) and a one boat service at weekends solution for the site and parties should make their own enquiries. running from 6.10am – 8pm on Saturdays and 11.30am – 7.30pm on Sundays. The service connects the North and South Circular roads and can be used by pedestrians.

Pedestrians can also cross the river using the Woolwich Foot Tunnel which is approximately 100m east of the site. Buses to Stratford, and Manor Park depart from the terminus immediately east of the site. STORE ROAD, NORTH WOOLWICH- STORE D D D Church El Sub Sta D 16 D D D D 17 Playground D D D D D D D D

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Navigation Lights (fixed green) & & & & & 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.

0 12.5 25 50 75 100 Thames Water Printed By : lrushton Meters & & & Print &Date &: 02/07/201&3 &Current S&cale : 1:1,&250 & & & Map Map Centre On : 543083, 179832 Disclaimer: The position of any boundary or apparatus shown on this plan is given without obligation and warranty, Centre Tile No. : TQ4379NW and the accuracy cannot be guaranteed. No liability of any kind whatsoever is accepted by Thames Water for any error or omission. Comments: Please enter comments here: ± Copyrights: Unauthorised reproduction prohibited. Crown Copyright Reserved. Tenure Viewings & Access Further Information The property is for sale freehold with Vacant Limited areas of the site can be viewed Further information is available at: Possession. from the boundary. A Temporary www.savills.com/thameswaterlondon Prohibition of Traffic Order put in place by VAT London Borough of Newham currently The dataroom includes the following: affects Store Road and as a consequence We understand that the property is not 1) Location and site plans access is restricted. A copy of the Order elected for VAT. is available on the online dataroom. For 2) Title information access on to the site for sale please 3) Savills Planning Appraisal Method of Sale contact the sole selling agents. The property will be sold by way of informal 4) Indicative masterplan layout tender (unless sold prior). Unconditional offers for the freehold interest are preferred Contacts but subject to planning offers may be Sean Cooper Simon Welch considered. 020 7409 9948 020 7016 3764 [email protected] [email protected]

Important Notice Savills, their clients and any joint agents 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 2014