CGI of Proposed Development

108-114 PALACE ROAD , W6 9PL

West London Development Opportunity 108-114 Fulham Palace Road Hammersmith, London W6 9PL 2

INVESTMENT LOCATION & HIGHLIGHTS SITUATION • Residential led development The site is situated on the west side of Fulham opportunity in the London Borough Palace Road, at the junction of the Fulham Palace Road and Winslow Road, in the London of Hammersmith & Fulham. Borough of Hammersmith and Fulham. • 0.09 hectare (0.21 acre). The surrounding area is characterised by a mix of uses; Fulham Palace Road is typified by 3 • Existing, mixed-use building storey buildings with retail at ground floor and comprising retail, office and a mixture of commercial and residential uppers, residential uses. whilst Winslow Road and the surrounding streets predominately comprise 2-3 storey • Proposed new-build development residential terraces. Frank Banfield Park is extending to approximately 3,369 situated directly to the west and Charing Cross Hospital is situated 100m to the south of the sqm (36,250 sq ft) GIA. site. St George’s development known as Fulham • Full planning permission for: Reach is located to the west of Frank Branfield Park with the beyond. • 32 x private and 2 x intermediate The retail offering on Fulham Palace Road is residential units. largely made up of independent shops, bars and restaurants, whilst a wider range of amenities • 2 x retail units. and retailers is found in central Hammersmith, • 6 basement car parking spaces. located approximately 0.55 km (0.3 miles) to the north of the site. • For sale freehold with vacant possession. The site is well served by public transport as indicated by its PTAL rating of 6a. Hammersmith Underground station (Piccadilly, Circle & District lines) is situated approximately 0.55 km (0.3 miles) north of the site providing direct access to South Kensington (8 mins), Victoria (14 mins), Green Park (14 mins) and Westminster (18 mins) (source: TFL.gov.uk). The property is also well served by multiple bus routes from Fulham Palace Road. Furthermore, Hammersmith Bus Station is located 0.55 km (0.3 miles) to the north of the site and provides a wide range of services to central and wider London. 108-114 Fulham Palace Road Hammersmith, London W6 9PL 3

DESCRIPTION The site comprises a broadly rectangular-shaped site extending to approximately 0.09 hectares (0.21 acres). The three buildings currently occupying the site extend to two or three storeys in height. The buildings comprise three vacant retail units at ground floor level, office space at part ground and first floor level and residential uses on upper floors. The buildings are vacant apart from a residential tenant. Vacant possession will be provided upon completion. The site has frontage to Fulham Palace Road, Winslow Road and Playfair Street to the east, south and west respectively. To the north it is bound by 106 Fulham Palace Road.

CGI image for indicative purposes only 108-114 Fulham Palace Road Hammersmith, London W6 9PL 4

PLANNING The property falls within the jurisdiction of the London Borough of Hammersmith & Fulham, The consented scheme benefits from 6 car parking spaces in the basement. and does not contain any listed structures nor is it located within a Conservation Area. Full Planning Permission was granted by appeal on 4th September 2018 (Ref 2017/02163/FUL) Planning Agreement for the following development: In accordance with a planning agreement entered into with the Council: “Demolition of existing buildings and redevelopment of the site for the erection of a part-four • Residents of the development will not be allowed to apply for local parking permits. and part five-storey building plus basement to provide 34 residential units, two ground floor retail units (total floorspace 436 sqm) and provision of associated amenity space, car parking, • Two of the flats (units 11 and 12) should be provided in either intermediate rent or shared cycle parking and refuse storage.” ownership tenure. • The developer will be required to submit a late stage viability review to assess whether a A schedule of accommodation setting out the proposed net areas is provided below: deferred contribution is due. AVERAGE AVERAGE TOTAL NSA TOTAL NSA Community Infrastructure Levy (CIL) BEDS NO OF UNITS NSA (SQ M) NSA (SQ FT) (SQ M) (SQ FT) A CIL liability notice is available on the dataroom which identifies the proposed development S 2 38 404 75 807 will be subject to the following indexed CIL obligations: 1 17 53 572 904 9,722 2 11 75 808 825 8,887 CIL TYPE LIABILITY 3 4 94 1,010 375 4,038 Local CIL £558,571.13 Residential Total 34 2,179 23,454 Mayoral CIL £177,624.00 Retail Unit 1 1 354 3,810 Total £736,195.13 Retail Unit 2 1 82 882 Commercial Total 2 436 4,692 Building Total 2,615 28,146 METHOD OF SALE The site will be sold by way of informal tender unless sold prior and further details will be A schedule of accommodation setting out the proposed Gross Internal Areas is provided provided to those parties who express an interest in the opportunity. below:

FLOOR SQ M SQ FT VAT Basement 376 4,044 The property is elected for VAT. Ground 567 6,099 First 740 7,962 VIEWINGS Second 703 7,563 Should an on-site inspection be required, please contact the sole selling agents to make an Third 687 7,394 appointment. Fourth 296 3,188 Building Total 3369 36,250 108-114 Fulham Palace Road Hammersmith, London W6 9PL 5

FURTHER INFORMATION Further information including technical and legal documentation is available at: https://108fulhampalaceroad.com/

CONTACT Robert Pollock Emily Oliver [email protected] [email protected] 020 7409 8114 020 7409 8855 Harry Wentworth-Stanley Adrian Mason [email protected] [email protected] 020 7016 3873 020 7664 6649

IMPORTANT NOTICE Maps are 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, and published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. 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 | May 2019 CGI image for indicative purposes only