LEATHAMS, 227-255 ILDERTON ROAD South Bermondsey, London SE15 1NS Landmark Consented Mixed Use Development Opportunity View of consented scheme from Sharratt Street (Source: Maccreanor Lavington) Leathams, 227-255 Ilderton Road Southwark, London SE15 1NS 2 OPPORTUNITY SUMMARY DESCRIPTION • Landmark mixed use development The site is broadly rectangular in shape and extends to approximately 0.39 hectares (0.96) acres. It is currently occupied by opportunity in South Bermondsey within a three storey industrial warehouse (use class B1 and B8) and used as an industrial food storage and distribution centre (B8) with ancillary office space (B1). The internal area extends to approximately 2,529 sqm (27,222 sq ft) GIA and the two external London Borough of Southwark. loading yards extend to approximately 874 sqm (9,408 sq ft). • 0.39 hectare (0.96) acre site. The table below sets out the existing area schedule: • Existing site comprises an industrial EXISTING INDUSTRIAL SPACE GIA (SQM) GIA (SQ FT) warehouse building with two loading yards Storage (B8) 2,005 21,582 extending to approximately 3,403 (sqm) Ancillary Offices (B1) 523 5,630 36,630 sq ft GIA occupied by Leathams Total Workspace 2,529 27,222 Food Distribution business. Covered loading yard 730 7,858 • Located 800 metres (0.5 miles) south External Plant 144 1,550 of South Bermondsey Overground Total Site Area 3,403 36,630 station, providing regular services to Source: Design & Access Statement Maccreanor Lavington London Bridge (5 minutes), and the wider Underground Network (Northern Line and Jubilee line). • New Bermondsey Overground station scheduled for completion in 2025 located 400 metres to the east of site. – Detailed planning permission secured for a mixed use development comprising: 2,538 sqm (27,318 sq ft) GIA of industrial floor space (Use Classes B1c / E / B8) – 253 residential units across two buildings: 177 Private, 18 Shared Ownership & 58 Social Rent tenure. – Planning reference 19/AP/1773. • For sale freehold. • The sale will be conditional upon vacant possession anticipated for Q4 2021. CGI of internal courtyard at podium level (Source: Maccreanor Lavington) Leathams, 227-255 Ilderton Road Southwark, London SE15 1NS 3 40 4.6m 1 Ilderton Wharf Rollins Wharf FB (Builders Yard) D 2 ef 09 50 48- 1 1 Works 52 LOCATION 1 4 15 The site is situated in south London, within the London Borough of Southwark, an area 2 17 undergoing significant regeneration. A site immediately opposite is under construction for 84 new build residential units with employment re-provision at ground floor level. Hatcham Road Industrial Estate lies further to the west of the site and to the east there is a low rise existing residential neighbourhood. The site is close to Millwall Stadium which has 30 acre regeneration 22 22 proposals including 3,500 new homes across multiple towers, a new commercial district, an 3 to 5 800 person auditorium, GP surgery and 1,000 seater basketball stadium for London ThunderStable Ho use basketall team. FB 1 1.7m The site benefits from significantly improving transport links shown in more detail on the Rollins Street 2.0m next page. It is 800 metres (0.5 miles) south of South Bermondsey Overground station, CF Chimney with regular services to London Bridge (5 minutes), which provides an interchange to the El Underground Network (Northern Line and Jubilee line) connecting into City of London, SL Sub Boiler Canary Wharf & West End. Sta House Bo ro C on st, 80 1 Factory G 6 L South Bermondsey Asl Depot y 5 minutes to London Bridge C on st se & ou L B 16 Shelter H o Bdy t t 79-161 Ilderton Road s 1 312 new homes ur permission secured h ns Def Pe El Sub Sta 62 Hatcham Road 96 1 86 new affordable homes o t CF under construction 8 8 New Bermondsey Regeneration 1 Permission for c.3,500 new homes SHARRATT STREET Sharratt Street FB 180 Ilderton Road 2.3m 84 new homes under construction D OA Ormside Street 202 CF 56 new homes R N permission secured TO Saorise Day Nursery DER IL 210 o Iberia House t 33 new homes 06 2 1 permission secured t o 12 Site plan produced on Promap Ho e NOTE:-Wo Reproducedrks from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licencee Tr number 10002243212 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is 2 CW not guaranteed. ve i 0m 10m 20m 30m l O 16 Works Ordnance Survey © Crown Copyright 2019.W Allh rigithtse rLeseionrved. Court Licence number 100022432. Plotted Scale - 1:994 Bethnal CLERKENWELL Green Bethnal Shoreditch Green B120 CHARLES DICKENS MUSEUM High Street B135 A1205 Russell Square Stepney Green B108 Barbican Whitechapel B140 THE BRITISH Farringdon Stepney Green MUSEUM Moorgate Liverpool Street B140 Chancery Lane Holborn WHITECHAPEL GALLERY Aldgate East ST PAUL’S CATHEDRAL Chrisp St City Thameslink WHITECHAPEL B125 B121 Covent Garden Aldgate CITY OF B108 Limehouse POPLAR NewhamLEAMOUTH Way Temple Blackfriars LONDON Shadwell Fenchurch St TOWER OF River Thames Embankment LONDON LnWapping TOWER BRIDGE A3200 THE SHARD A3200 River Thames Salter Rd London Bridge Wapping Canary Wharf Wapping High St A1206 THE O2 Waterloo SOUTHWARKLeathams, 227-255 Ilderton Road Southwark, London SE15 1NS 4 Waterloo East Bethnal CLERKENWELL Green North Waterloo Rd Bethnal Shoreditch Green CHARLES DICKENS MUSEUM B120 Rotherhithe High Street B135 Marsh Wall Greenwich Southwark A1205 Russell Square Stepney LONDON SOUTH Green PROPOSED INFRASTRUCTURE IMPROVEMENTB108 Lambeth BANK UNIVERSITY Barbican A200 Whitechapel New Bermondsey Overground Station Bakerloo Line Extension B140 THE BRITISH Farringdon Stepney Green Canada Water MUSEUM North Bermondsey • London Overground (orange line) connecting intoMoorgate the widerLiverpool underground Street network at • Connecting the Old KentB140 Road to Waterloo and Lewisham Chancery Lane CanadaHolborn Water and Crossrail at Whitechapel WHITECHAPEL GALLERY• £3.5 billion project Aldgate • GLA secured £80m of HIF funding in August 2019 East Abbey St • Expected completion in 2035 River Thames A3036 ST PAUL’S CATHEDRAL Chrisp St City Thameslink WHITECHAPEL Lower Rd B125 • Upgrade to existing line with completion scheduled for January 2025 • Proposed station locationB121 is approximately 850 metres (0.5 miles) south west of the site Covent Garden Aldgate B108 Limehouse CITY OF St James’s Rd B205 • New station is approximately 400 metres (0.3 miles) east of the site POPLAR NewhamLEAMOUTH Way ISLE OF DOGS Temple Blackfriars LONDON Shadwell Elephant & Castle Fenchurch St TOWER OF River Thames IMPERIAL WAR MUSEUM Embankment Tower Bridge Rd LONDON LnWapping TOWER BRIDGE A1206 A3200 THE SHARD A3200 River Thames Salter Rd London Bridge Wapping Canary Wharf Southwark A1206 LAMBETH Wapping High St Surrey QuaysTHE O2 Elephant Waterloo SOUTHWARK Waterloo East A2206 Park Waterloo Rd North & Castle Southwark Rotherhithe Marsh Wall Greenwich LONDON SOUTH A2206 Wahworth Rd Lambeth BANK UNIVERSITY A200 North Bermondsey Canada Water Abbey St A3036 Lower Rd River Thames Mudchute Park St James’s Rd B205 ISLE OF DOGS Elephant & Castle and Farm IMPERIAL WAR MUSEUM B2208Tower Bridge Rd A1206 LAMBETH Southwark Surrey Quays Elephant A2206 Park & Castle A2206 Wahworth Rd B207 Mudchute Park B2208 and Farm Thurlow St B204 B204 A2208 Thurlow St South A2208 Grove St Bermondsey Grove St Old Kent Rd VAUXHALL Proposed BakerlooAlbany Rd Cooks Rd Line Extension New Old Kent Rd Bermondsey Burgess Park LEATHAMS Albany Rd Albany Rd Sanford St A200 VAUXHALL 400 metres Camberwell Rd St Lambeth Rd John Ruskin St B208 A2209 Cooks Rd B207 Deptford Vassatt Rd Greenwich New Cross Rd New Cross B217 Burgess Park A202 Queens Road A206 Albany Rd Peckham Brixton Rd New Cross Gate Akerman Rd CAMBERWELL Peckham Rd Deptford Queen’s Rd Bridge Sanford St A200 Blackheath Hill Lewisham Way A2214 Blackheath B218 KING’S COLLEGE HOSPITAL PECKHAM St Johns Camberwell Rd St Lambeth Rd John Ruskin St B208 A2209 B207 Deptford Vassatt Rd Greenwich New Cross Rd New Cross B217 A202 Queens Road A206 Peckham Brixton Rd New Cross Gate Akerman Rd CAMBERWELL Peckham Rd Deptford Queen’s Rd Bridge Blackheath Hill Lewisham Way A2214 Blackheath B218 KING’S COLLEGE HOSPITAL PECKHAM St Johns Leathams, 227-255 Ilderton Road Southwark, London SE15 1NS 5 PLANNING FOR PLANNING The property falls within the jurisdiction of the London Co-Location consented ground floor plan layout © Maccreanor Lavington Ltd. Borough of Southwark. It is currently designated as Strategic Industrial Land (“SIL”) albeit Southwark’s emerging Area 0 5m 15m Action Plan for the Old Kent Road seeks to transform the area into a high-density mixed-use location on the back of proposals for the Bakerloo Line Extension. It is not within a Conservation Area and is not statutorily or locally listed. Detailed planning permission was secured with London Borough of Southwark at committee on 15th June 2020 Circ. Core under reference 19/AP/1773 for the following mixed-use Resi. LV SR development: Plant Cycles Bins B1c “Demolition of existing buildings and the erection of a Bins part 2/3, 9 and 28 storey (up to 94.65m AOD) mixed-use B1c Affordable development comprising 2,538 sqm of industrial floorspace Resi. Heating Plant (Use Classes B1c/B8) at ground and intermediate levels and an internal loading yard; and 253 residential apartments (C3); Cycles and other associated infrastructure.” B1c/B8 B1c/B8 Loading Yard B1c/B8 Circ. Core Bins Substation Bulky Resi. LV SR Waste Plant Planning Submission GCF RI May 2019 Rev Details Drwn Chkd Date 77 Bastwick Street, t +44 (0)20 7336 7353 London, EC1V 3PZ e [email protected] Client (Source: Maccreanor Lavington Architects) CGI of consented scheme from Ilderton RoadLeathams looking Property north Development Ltd.