STANFORD HOUSE

9 NESTLES AVENUE, HAYES, UB3 4SA

A CONSENTED RESIDENTIAL DEVELOPMENT OPPORTUNITY FOR SALE

PLANNING PERMISSION GRANTED FOR 103 RESIDENTIAL APARTMENTS

CGI OF THE PROPOSED DEVELOPMENT EXECUTIVE SUMMARY

A consented residential development opportunity for sale.

Planning permission granted for 103 residential apartments, 98 private & 5 affordable (59 x 1 beds, 32 x 2 beds, 12 x 3 beds) with a net saleable area of 6,492 sqm (69,875 sq. ft) (Planning Ref: 51175/APP/2020/2543).

The site extends to 0.23 hectares (0.57 acres) and currently comprises of an existing double storey industrial building. 2

Part of the wider Nestle Factory masterplan, which will deliver 1,400 new homes.

For sale freehold.

CGI OF THE PROPOSED DEVELOPMENT LOCATION

N The site is located in Hayes, which is in the London Borough of .

THE SITE The London Plan identifies Hayes, in the London Borough of Hillingdon, as part of the wider Opportunity Area. This area is identified by the London Plan as having capacity to provide a minimum of 9,000 new homes and 12,000 additional jobs.

Within close proximity of the site there are a number of major employers including Heinz, West London Film Studios, United Biscuits, Fujitsu, China Airlines, SAP, Adobe, and occupiers at Stockley Park such as Apple, Canon, Sharp, Samsonite, Toshiba and Hasbro.

The site lies approximately a third of the way along Nestles Avenue, within close proximity 3 to Hayes Town Centre. Hayes & Harlington Overground station is located approximately 650 metres (0.4 miles) away and provides direct access to London Paddington Station in just 21 minutes (Source: Citymapper).

Furthermore, this station will be served by the brand-new Elizabeth Line (Crossrail), due to be completed in 2022. This will enable passengers to travel to London Heathrow Airport in 5 minutes, Bond Street in 20 minutes, Farringdon in 25 minutes, Liverpool Street in 27 minutes and Canary Wharf in 34 minutes. There are also several bus routes providing access into London and other surrounding areas such as Northolt, Greenford and London Heathrow Airport in 15 minutes.

The site also benefits from being within close proximity to a number of local amenities, and greenspaces such as and . There are numerous restaurants and cafes within walking distance in addition to well-known retailers such as Argos, Asda, Tesco, and Wilko.

* Not to scale

* For illustration purposes only 9 Nestles Avenue9 Nestles - Design Avenue & Access - Design Statement & Access Statement

2.4 Emerging2.4 Emerging Context Context

9 Nestles Avenue - Design & Access Statement

There are a Therenumber are of a neighbouring number of neighbouring schemes whichschemes are either which consented are either consented or submittedor for submitted planning for that planning should that should 2.4 Emergingbe considered Contextbe consideredin the context in the of context of this scheme.this The scheme. diagram The opposite diagram opposite shows the locationshows the of thoselocation closest of those closest to the site andto the the site local and authorities the local authorities There are a number of‘Green neighbouring Super‘Green Highway’. Super Highway’. schemes which are either consented or submitted for planning that should be considered in the context of this scheme. The diagram opposite shows the location of those closest to the site and the local authorities ‘Green Super Highway’.

5 5

7 7

5

8 8 7 6 6 3 3

1 4 1 4 8 Key: Key: 2 2 LOCATION & EMERGING CONTEXT 6 3 1 9 Nestles1 Avenue9 Nestles Avenue

2 Former Nestle2 FactoryFormer NestleSite Factory Site

3 Viveash3 Yard Viveash Yard 1 4

4 Milk Yard4 Milk Yard 9 Nestles Avenue - Design & Access Statement Key: 2 5 1 Vinyl Square,5 The Old Vinyl Factory 1 9 Nestles Avenue 1 Vinyl Square, The Old Vinyl Factory 6 233 - 2366 Nestles Avenue 2 Former Nestle Factory Site 233 - 236 Nestles Avenue 7 High Point7 Village 2.4 Emerging Context 3 Viveash Yard High Point Village 8 3 Viveash8 Close 4 Milk Yard 3 Viveash Close

Green Super Highway There are a number of neighbouring 5 1 Vinyl Square, The Old Vinyl Factory Green Super Highway Aerial View fromschemes south which are either consented 6 233 - 236 Nestles Avenue or submitted for planning that should Site plan showingSite changing plan showing context changing context be considered in the context of 7 High Point Village this scheme. The diagram opposite shows the location of those closest 8 3 Viveash Close to the site and the local authorities 11 of 84 11 of 84 ‘Green Super Highway’. Green Super Highway N

Site plan showing changing context

11 of 84 4 5

7

8

6 3

1 4

Key: 2

1 9 Nestles Avenue

2 Former Nestle Factory Site

3 Viveash Yard 9 Nestles Avenue in red brick to the right 4 Milk Yard

5 1 Vinyl Square, The Old Vinyl Factory

6 233 - 236 Nestles Avenue

7 High Point Village

8 3 Viveash Close

Green Super Highway

Site plan showing changing context

11 of 84 LOCATION TESCO EXPRESS

GRAND UNION CANAL STATION APPROACH STATION N

HAYES & HARLINGTON

STATION ROAD 5 VIVEASH CLOSE

NESTLE’S AVENUE STANFORD HOUSE

ASDA - I MIN

OLD STATION ROAD

TESCO EXPRESS BLACK ROD CLOSE

* Not to scale

* For illustration purposes only THE SITE / PLANNING HISTORY

The site measures 0.23 hectares (0.57 acres) and is currently occupied by a double storey industrial building which is bordered to the East by the former Nestle’s Factory.

The former Nestle Factory is currently at the early stages of development for a large mixed-use scheme comprising 1,381 new homes and 22,000 sqm (237,000 sqft of Commercial/ Distribution space.

A planning application was submitted in August 2020 and has now CGI OF THE PROPOSED DEVELOPMENT been granted planning permission ( PP REF: 51175/APP/2020/2543). 6

The newly proposed development ranges from 4 to 11 storeys in height and comprises the demolition of the existing building and redevelopment of the site to provide 103 brand new homes (59 x1 beds, 32 x 2 beds, 12 x 3 beds) with only 5 affordable units, all with outside space in addition to associated landscaping including a children’s play space and landscaped garden walk, car parking (14 spaces) and 182 cycle spaces.

CGI OF THE PROPOSED DEVELOPMENT CGI OF THE PROPOSED DEVELOPMENT 7

CGI OF THE PROPOSED DEVELOPMENT PROPOSED ACCOMMODATION SCHEDULE

FLOOR UNITS TYPE UNIT AMOUNT SQ FT SQ M FLOOR UNITS TYPE UNIT AMOUNT SQ FT SQ M

L00/L01 2 BED DUPLEX 5 4534 421 L05 1 BED 9 5090 473

L00/L01 3 BED DUPLEX 4 4252 395 L05 2 BED 2 1530 142

Sub Total 8786 816 L05 3 BED 1 936 87

Sub Total 7556 702

L01 1 BED 7 4095 380

L01 2 BED 1 770 72 L06 1 BED 4 2192 204

Sub Total 4865 452 L06 2 BED 4 3071 285

Sub Total 5263 489

L02 1 BED 11 6107 567

L02 2 BED 3 2349 218 L07 1 BED 4 2160 201

L02 3 BED 1 926 86 L07 2 BED 3 2288 213

Sub Total 9382 871 L07 3 BED 1 926 86

Sub Total 5374 500 8

L03 1 BED 11 6097 566

L03 2 BED 3 2353 219 L08 1 BED 4 2160 201

L03 3 BED 1 926 86 L08 2 BED 3 2287 212

Sub Total 9376 872 L08 3 BED 1 926 86

Sub Total 5373 499

L04 1 BED 9 5075 472

L04 2 BED 2 1530 142 L09 2 BED 2 1530 142

L04 3 BED 1 937 87 L09 3 BED 2 1771 165

Sub Total 7542 701 Sub Total 3301 307

L10 2 BED 4 3060 284

Total 103 69,875 6,492 Summary

59 x 1 BEDS 32,976 Sq Ft 32 X 2 BEDS 25,300 Sq Ft 12 X 3 BEDS 11,599 Sq Ft CONTACT For further information please contact:

VANDERMOLEN REAL ESTATE TITLE & TENURE The site is being sold freehold with vacant possession. Jonathan Vandermolen [email protected] 0207 290 2828 METHOD OF SALE 0783 150 9965 This site is for sale freehold by way of informal tender (unless sold prior). Sam Phillips [email protected] VIEWINGS 0203 971 6066 0795 634 1581 Viewings are strictly by appointment only please contact the sole selling agents to make an appointment. Zach Harris [email protected] 0203 971 6060 SECTION 106 & CIL 0754 061 2327 Section 106 payment: £365,000. Total CIL Liabilites: £1,243,805.

GUIDE PRICE Offers in excess of £8,000,000 subject to contract only.

FURTHER INFORMATION Further plans and information are available by clicking here or by visiting our dataroom www.stanfordhouse.co.uk

The Misrepresentation Act 1967. Vandermolen RE for themselves and for vendors or lessors of this property, whose agents they are, gives notice that: 1 The particulars are produced in good faith, but are a general guide only and do not constitute any part of a contract. 2 No person in the employment of the agent(s) has any authority to make or give any representation or warranty whatsoever in relation to this property. 3 The property is offered subject to contract and unless otherwise stated all rents are quoted exclusive of VAT. 4 Nothing in these particulars should be deemed a statement that the property is in good condition, or that any services or facilities are in working order. 5 Unless otherwise stated, no investigations have been made regarding pollution, or potential land, air or water contamination. Interested parties are advised to carry out their own investigations if required. May 2021