Indicative Visualisation
144-156 Uxbridge Road, Hanwell, London W7 3TB Mixed-Use Development Opportunity For Sale www.kingsbury-consultants.co.uk 144-156 Uxbridge Road, Hanwell, London W7 3TB
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
SUMMARY
• Former car showroom and associated land occupying a site extending to approximately 0.4 acres
• Planning permission for a 6-storey new build scheme to provide a ground floor retail unit of 5,705ft2 GIA and 43 residential units (36 apartments and 7 houses) totalling 30,688ft2 NSA
• 28 residential units for private sale with 15 apartments designated for affordable housing (11 shared ownership and 4 DMS units)
• Located in Hanwell’s commercial centre approximately 0.4 miles from Hanwell Station, which will be operating Crossrail / Elizabeth Line services from December 2019
• Offers invited in excess of £7,500,000 for the freehold interest www.kingsbury-consultants.co.uk 144-156 Uxbridge Road, Hanwell, London W7 3TB
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
DESCRIPTION
The existing property comprises a former car showroom and associated areas of hardstanding occupying an L-shaped site extending to approximately 0.4 acres. The property is currently vacant.
The site has frontages to Uxbridge Road to the north, Westminster Road to the west and George Street to the east, with access currently taken from both Uxbridge Road and Westminster Road.
The surrounding area comprises a mix of commercial and residential uses, with shops with residential upper parts bounding the site to the north, west and east. There is a church hall and a terrace of houses to the immediate south of the property.
LOCATION
The property occupies a prominent position on Uxbridge Road within the affluent West London suburb of Hanwell. The Local Authority is the London Borough of Ealing.
The site is situated in Hanwell’s commercial centre and as such numerous shops, restaurants and amenities are available nearby. Further commercial offerings can be found in the town centres of West Ealing (0.4 miles) and Ealing (1.3 miles).
Hanwell Station is located approximately 0.4 miles to the north of the property, currently providing National Rail services to Bond Street in 32 minutes. Crossrail / Elizabeth Line services will operate from Hanwell Station from December 2019. www.kingsbury-consultants.co.uk 144-156 Uxbridge Road, Hanwell, London W7 3TB
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
Unit Floor Description GIA ft2 GIA m2 Tenure A Ground A1 Retail Unit 5,705 530 N/A PLANNING & DEVELOPMENT POTENTIAL Unit Floor Description GIA ft2 GIA m2 Tenure 1 First One Bedroom Two Person Apartment 570 53 SO 2 First Two Bedroom Four Person Apartment 667 62 SO 3 First One Bedroom Two Person Apartment 560 52 SO Planning permission was granted on 11th September 2017 (ref: 164632FUL), for the demolition 4 First One Bedroom Two Person Apartment 549 51 SO of the existing car showroom and redevelopment of the site with a 6-storey building (with a 5 First One Bedroom Two Person Apartment 570 53 SO basement) to provide of 43 residential units and a single retail unit extending to 5,705ft2 GIA. 6 First Two Bedroom Four Person Apartment 667 62 SO 7 First One Bedroom Two Person Apartment 560 52 SO 8 First One Bedroom Two Person Apartment 549 51 SO The proposed scheme comprises 36 apartments (26 x 1 bedroom & 10 x 2 bedroom units) and 7 9 Second One Bedroom Two Person Apartment 570 53 DMS x 3 bedroom houses, with a combined NSA of 30,688ft2. 10 Second Two Bedroom Four Person Apartment 667 62 SO 11 Second One Bedroom Two Person Apartment 560 52 DMS The commercial unit benefits from A1 (Retail) Use Class and has frontage to Uxbridge Road. 12 Second One Bedroom Two Person Apartment 549 51 DMS 13 Second One Bedroom Two Person Apartment 581 54 Private 14 Second Two Bedroom Four Person Apartment 667 62 DMS The planning consent is subject to a Section 106 Agreement which obligates for 11 apartments 15 Second One Bedroom Two Person Apartment 549 51 Private to be provided as shared ownership and 4 apartments to be provided for Discount Market Sale 16 Second One Bedroom Two Person Apartment 560 52 Private (DMS), along with financial contributions totalling £188,624. A CIL liability of circa £116,049.96 is 17 Third One Bedroom Two Person Apartment 570 53 Private 18 Third Two Bedroom Four Person Apartment 667 62 SO applicable. 19 Third One Bedroom Two Person Apartment 560 52 Private 20 Third One Bedroom Two Person Apartment 549 51 Private A minor-material amendment (Section 73) has subsequently been approved allowing a 21 Third One Bedroom Two Person Apartment 570 53 Private reduction of the basement space to 4,025ft2 GIA in order to lower construction costs. 22 Third Two Bedroom Four Person Apartment 667 62 SO 23 Third One Bedroom Two Person Apartment 549 51 Private 24 Third One Bedroom Two Person Apartment 560 52 Private 25 Fourth One Bedroom Two Person Apartment 592 55 Private 26 Fourth Two Bedroom Four Person Apartment 872 81 Private 27 Fourth One Bedroom Two Person Apartment 592 55 Private 28 Fourth One Bedroom Two Person Apartment 592 55 Private 29 Fourth Two Bedroom Four Person Apartment 872 81 Private 30 Fourth One Bedroom Two Person Apartment 592 55 Private 31 Fifth One Bedroom Two Person Apartment 570 53 Private 32 Fifth Two Bedroom Four Person Apartment 872 81 Private 33 Fifth One Bedroom Two Person Apartment 581 54 Private 34 Fifth One Bedroom Two Person Apartment 570 53 Private 35 Fifth Two Bedroom Four Person Apartment 872 81 Private 36 Fifth One Bedroom Two Person Apartment 581 54 Private 1 Ground, First & Second Three Bedroom Five Person House 1,206 112 Private 2 Ground, First & Second Three Bedroom Five Person House 1,206 112 Private 3 Ground, First & Second Three Bedroom Five Person House 1,206 112 Private 4 Ground, First & Second Three Bedroom Five Person House 1,206 112 Private 5 Ground, First & Second Three Bedroom Five Person House 1,206 112 Private 6 Ground, First & Second Three Bedroom Five Person House 1,206 112 Private 7 Ground, First & Second Three Bedroom Five Person House 1,206 112 Private Indicative Visualisation Total 30,688 2,851 Grand Total 36,393 3,381 www.kingsbury-consultants.co.uk 144-156 Uxbridge Road, Hanwell, London W7 3TB
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
TENURE
The property is to be sold freehold with vacant possession on completion.
VAT
The property is elected for VAT and will be charged on the sale.
TERMS
Offers are invited in excess of £7,500,000.
ADDITIONAL INFORMATION
Further information including planning and legal documents are available within our dataroom using the access code ‘Uxbridge’.
CONTACT To discuss any aspect of this property or the disposal process, please contact the sole selling agents:
Keir Goldstein 020 7183 2529 [email protected] Joe Goldsmith 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.