Investment / Development Opportunity 55 New Lydenburg Street, Charlton Riverside, SE7 8ND For Sale Freehold

Red line boundary for indicative purposes only

g The land for sale extends to g Approximately 0.6km from g The site comprises the offices, approximately 0.57 hectares Charlton Station which works and yard connected (1.4 acres). The site is provides direct services to to a paper and plastics situated within the Charlton London Bridge and Charing recycling company. Riverside Masterplan SPD Cross. Woolwich Arsenal is in an area anticipated to two stops east and will provide g For sale freehold. come forwards for residential connections to Crossrail led redevelopment. from 2018.

Savills 33 Margaret Street London W1G 0J +44 (0) 20 7499 8644 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 g The site is situated on the west side of New g This part of London is witnessing significant VAT Lydenburg Street, within the Charlton Riverside regeneration and benefiting from investment Industrial Area. The surrounding properties and in infrastructure projects including Crossrail. At The property is not elected for VAT. land are predominately in industrial and storage Greenwich Peninsula approximately 10,000 Method of Sale uses. The land for sale is rectangular in shape new homes are expected to be delivered and and extends to 0.57 hectares (1.4 acres). there are a number of significant developments The property will be sold by way of informal tender Along the eastern boundary of the site are coming forward in Woolwich. (unless sold prior). Unconditional offers for the a small two storey office building and a long Planning freehold interest are sought. The vendor proposes rectangular steel framed warehouse. The rest to enter into a new lease upon the sale of the of the site is given over principally to storage The site is located within the Royal Borough of freehold on terms to be negotiated. and sorting. Greenwich (RBG). The buildings are not listed and Viewings the site is not within a Conservation Area. There is g Charlton Riverside is in south east London, no relevant planning history related to the site. The site can be viewed from the boundary. For situated between Greenwich Peninsula access on to the site please contact the sole and Woolwich. Much of this stretch of the The RBG Local Plan identifies Charlton Riverside selling agents to make an appointment. south bank of the Thames is dominated by as a Strategic Development Location and a Key industrial and retail parks, with residential uses Feature of the Borough’s spatial strategy is the: Guide Price occupying most of the riverfront east of the “Creation of a new mixed use urban quarter The guide price is Offers in Excess of Thames Barrier Industrial Area to the east at Charlton Riverside incorporating around £2.25m for the freehold interest. Offers towards Woolwich. 3,500–5,000 new homes by 2031, which will including overage clauses are encouraged g The site is well served by public transport with involve substantial release of under-used industrial Charlton Station approximately 0.6 kilometres land and intensification of employment on Additional Information (0.4 miles) to the south west, providing direct remaining land.” services into London Bridge (15 minutes) and An information pack including a Planning The RBG Local Plan states that tall buildings may Appraisal, a Soil Contamination Analysis, Charing Cross (26 minutes). Journey times to be appropriate in the area. Charlton Riverside is Title Documents and EPC is available Canary Wharf are approximately 24 minutes, identified in the London Plan as an Opportunity with connections to the DLR at Greenwich Area for mixed use development with significant from the sole selling agents. The Energy station. Woolwich Arsenal station, 2 stops east capacity for jobs and new homes. Performance Asset rating is E. from Charlton, will provide Crossrail services, which are expected to run from 2018. Regular The Charlton Riverside Masterplan SPD was Contact bus services run along Woolwich Road (A206), adopted in April 2012 and outlines more detailed Sean Cooper Simon Welch which is 0.3km (0.2 miles) south of the site. principles for how the area will be redeveloped. +44 (0) 20 7409 9948 +44 (0) 20 7016 3764 Woolwich Road (A206) continues east to The site for sale is towards the centre of [email protected] [email protected] connect to the M25 and the national motorway the area identified for residential led mixed network at Junction 1a at Dartford. use development.

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 | December 2014