1-9 Sandycombe Road, North Sheen, Richmond upon Thames, TW9 ...
1-9 Sandycombe Road, North Sheen, Richmond upon Thames, TW9 2EP
1-9 Sandycombe Road, North Sheen, Richmond upon Thames, TW9 2EP South West London Residential Development Opportunity
CGI of permitted scheme P03
1-9 Sandycombe Road, North Sheen, Richmond upon Thames, TW9 2EP
Executive Summary
• Residential development opportunity in North Sheen, south west London. • Existing commercial site extending to approximately 0.36 acres (0.15 hectares). • Planning permission for the redevelopment of the site to provide for a mixed-use development comprising 535 sqm of commercial space and 20 private residential units, together with car parking and landscaping. • Combined Net Saleable Area of consented scheme approximately 1,254 sq m (13,496 sq ft) of residential space and 535 sq m (5,757 sq ft) of commercial. • Approximately 400 metres (0.25 miles) north of North Sheen National Rail station. • For sale Freehold with vacant possession. • Richmond town centre is located approximately 1.5 kilometres (1 mile) south west of the Property, and benefits from an extensive range of shops, bars and restaurants as well as expansive green spaces and recreational facilities.
CGI of permitted scheme P03
1-9 Sandycombe Road, North Sheen, Richmond upon Thames, TW9 2EP
Location The Property is located on the eastern side of Sandycombe Road, to the north of Manor Circus Roundabout within the London Borough of Richmond upon Thames. Richmond town centre is located approximately 1.5 kilometres (1 mile) south west of the Property, and benefits from an extensive range of shops, bars and restaurants as well as expansive green spaces and recreational facilities.
Planning The Royal Botanical Gardens, Kew can be accessed approximately 0.65 km (0.4 miles) to the north west of the site, whilst Richmond Park , London’s largest Royal Park, lies approximately 2.2 km (1.4 miles) to the southeast. The Property is well served by public transport as indicated by its PTAL rating of 4. North Sheen National Rail station is approximately 0.4 kilometres (0.25 miles) to the south providing direct access to London Waterloo within 25 minutes. (www.tfl.gov.uk)
Richmond station provides more regular services to Clapham Junction (8 minutes*) and London Waterloo (21 minutes*) and also provides access to the London Underground Network (District Line). Kew Gardens station is also located 1 km (0.6 miles) north of the site providing London Overground and District Line services. Station Parade, which is adjacent to Kew Gardens Station, is the main square within Kew Village and boasts a number of artisan shops and the Michelin starred Glasshouse restaurant. It also hosts the monthly Kew Village Market. There are multiple bus routes operating along Sandycombe Road and Lower Richmond Road, providing services to Richmond, Hammersmith and Teddington.
Description The Property is broadly triangular in shape and extends to approximately 0.36 acres (0.15 hectares) and currently accommodates a vacant 1980’s portal frame clad commercial building and areas of hardstanding used as car parking. The Property is bound by Sandycombe Road to the west and the District Line and Overground railway line to the east. To the north of the site is 11 Sandycombe Road which has planning permission for redevelopment to provide a new single storey commercial building and 2 storey building comprising 4 x 2 bedroom dwellings. The proposed schedule of accommodation is set out below: Unit Type Private Residential Commercial (B1(a-c) and B8) NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100024244 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.
Total
Number NSA of Units sq m
NSA sq ft
GIA Sq m
GIA Sq ft
20
1,254
13,496
1,650.8
17,769
-
-
-
534.8
5,757
20
1,254
13,496
2,185.6
23,526
The property falls within the jurisdiction of the London Borough of Richmond upon Thames and does not contain any listed structures nor is it located within a Conservation Area. The site benefits from three planning permissions for the redevelopment of the site. P01 - Planning Appeal Ref APP/L5810/W/16/3158532 was permitted in March 2017 for the redevelopment of the site to provide for a mixed-use development of 535 sqm of commercial space and 20 residential units, together with car parking and landscaping. The signed Section 106 document includes a requirement for a contribution of £250,000 towards Affordable Housing. P02 - Planning Application Ref 16/4889/ OUT was granted in September 2017 for the redevelopment of the site to provide for a mixeduse development of 535 sqm of commercial space and 18 residential units, together with car parking and landscaping. The signed Section 106 document does not include any financial contribution towards Affordable Housing. P03 - Planning Application Ref 16/4890/ FUL was granted in September 2017 for the redevelopment of the site to provide for a mixeduse development of 535 sqm of commercial space and 20 residential units, together with car parking and landscaping. The signed Section 106 document is dated 4th September and has no requirement for any contribution towards Affordable Housing. The Section 106 document includes a viability review mechanism but this will only take effect if, at the expiration of a period of two years from the date of discharge of the final pre-commencement planning condition, a Material Start has not occurred. The development will be subject to a Mayoral CIL contribution of £104,630.85 and a Richmond Council CIL charge of £366,788.36.
1-9 Sandycombe Road, North Sheen, Richmond upon Thames, TW9 2EP South West London Residential Development Opportunity Tenure The property is for sale freehold with vacant possession.
Method of Sale The site will be sold by way of informal tender (unless sold prior). Offers are sought for the freehold interest.
Network Rail A Basic Asset Protection Agreement (BAPA), along with an F001 completed document requires approval from Network Rail to allow a deed of covenant to be cleared to permit development. The BAPA agreement and F001 have been completed and agreed with Network Rail subject to sign off by the developer. The agreed fee to Network Rail is £74,876 excl. VAT. It will be the purchaser’s responsibility to complete this agreement.
VAT The site is elected for VAT.
Viewings Viewings are strictly by appointment; please contact the sole selling agents to make an appointment.
Further Information Further information including technical and legal documentation is available at: www.savills.co.uk/Sandycombe1_9
Contacts For further information please contact: Andrew Cox
+44 (0) 207 016 3851 [email protected]
Andrew Cooper
+44 (0) 207 016 3848 [email protected]
Robert Pollock
+44 (0) 207 409 8114 [email protected]
Important Notice Savills and their clients 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. Sale particulars produced September 2017.
NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100024244 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.
Internal CGI of consented scheme
1-9 Sandycombe Road, North Sheen, Richmond upon Thames, TW9 2EP South West London Residential Development Opportunity
CGI of permitted scheme P03
1-9 Sandycombe Road, North Sheen, Richmond upon Thames, TW9 2EP
Executive Summary
• Residential development opportunity in North Sheen, south west London. • Existing commercial site extending to approximately 0.36 acres (0.15 hectares). • Planning permission for the redevelopment of the site to provide for a mixed-use development comprising 535 sqm of commercial space and 20 private residential units, together with car parking and landscaping. • Combined Net Saleable Area of consented scheme approximately 1,254 sq m (13,496 sq ft) of residential space and 535 sq m (5,757 sq ft) of commercial. • Approximately 400 metres (0.25 miles) north of North Sheen National Rail station. • For sale Freehold with vacant possession. • Richmond town centre is located approximately 1.5 kilometres (1 mile) south west of the Property, and benefits from an extensive range of shops, bars and restaurants as well as expansive green spaces and recreational facilities.
CGI of permitted scheme P03
1-9 Sandycombe Road, North Sheen, Richmond upon Thames, TW9 2EP
Location The Property is located on the eastern side of Sandycombe Road, to the north of Manor Circus Roundabout within the London Borough of Richmond upon Thames. Richmond town centre is located approximately 1.5 kilometres (1 mile) south west of the Property, and benefits from an extensive range of shops, bars and restaurants as well as expansive green spaces and recreational facilities.
Planning The Royal Botanical Gardens, Kew can be accessed approximately 0.65 km (0.4 miles) to the north west of the site, whilst Richmond Park , London’s largest Royal Park, lies approximately 2.2 km (1.4 miles) to the southeast. The Property is well served by public transport as indicated by its PTAL rating of 4. North Sheen National Rail station is approximately 0.4 kilometres (0.25 miles) to the south providing direct access to London Waterloo within 25 minutes. (www.tfl.gov.uk)
Richmond station provides more regular services to Clapham Junction (8 minutes*) and London Waterloo (21 minutes*) and also provides access to the London Underground Network (District Line). Kew Gardens station is also located 1 km (0.6 miles) north of the site providing London Overground and District Line services. Station Parade, which is adjacent to Kew Gardens Station, is the main square within Kew Village and boasts a number of artisan shops and the Michelin starred Glasshouse restaurant. It also hosts the monthly Kew Village Market. There are multiple bus routes operating along Sandycombe Road and Lower Richmond Road, providing services to Richmond, Hammersmith and Teddington.
Description The Property is broadly triangular in shape and extends to approximately 0.36 acres (0.15 hectares) and currently accommodates a vacant 1980’s portal frame clad commercial building and areas of hardstanding used as car parking. The Property is bound by Sandycombe Road to the west and the District Line and Overground railway line to the east. To the north of the site is 11 Sandycombe Road which has planning permission for redevelopment to provide a new single storey commercial building and 2 storey building comprising 4 x 2 bedroom dwellings. The proposed schedule of accommodation is set out below: Unit Type Private Residential Commercial (B1(a-c) and B8) NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100024244 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.
Total
Number NSA of Units sq m
NSA sq ft
GIA Sq m
GIA Sq ft
20
1,254
13,496
1,650.8
17,769
-
-
-
534.8
5,757
20
1,254
13,496
2,185.6
23,526
The property falls within the jurisdiction of the London Borough of Richmond upon Thames and does not contain any listed structures nor is it located within a Conservation Area. The site benefits from three planning permissions for the redevelopment of the site. P01 - Planning Appeal Ref APP/L5810/W/16/3158532 was permitted in March 2017 for the redevelopment of the site to provide for a mixed-use development of 535 sqm of commercial space and 20 residential units, together with car parking and landscaping. The signed Section 106 document includes a requirement for a contribution of £250,000 towards Affordable Housing. P02 - Planning Application Ref 16/4889/ OUT was granted in September 2017 for the redevelopment of the site to provide for a mixeduse development of 535 sqm of commercial space and 18 residential units, together with car parking and landscaping. The signed Section 106 document does not include any financial contribution towards Affordable Housing. P03 - Planning Application Ref 16/4890/ FUL was granted in September 2017 for the redevelopment of the site to provide for a mixeduse development of 535 sqm of commercial space and 20 residential units, together with car parking and landscaping. The signed Section 106 document is dated 4th September and has no requirement for any contribution towards Affordable Housing. The Section 106 document includes a viability review mechanism but this will only take effect if, at the expiration of a period of two years from the date of discharge of the final pre-commencement planning condition, a Material Start has not occurred. The development will be subject to a Mayoral CIL contribution of £104,630.85 and a Richmond Council CIL charge of £366,788.36.
1-9 Sandycombe Road, North Sheen, Richmond upon Thames, TW9 2EP South West London Residential Development Opportunity Tenure The property is for sale freehold with vacant possession.
Method of Sale The site will be sold by way of informal tender (unless sold prior). Offers are sought for the freehold interest.
Network Rail A Basic Asset Protection Agreement (BAPA), along with an F001 completed document requires approval from Network Rail to allow a deed of covenant to be cleared to permit development. The BAPA agreement and F001 have been completed and agreed with Network Rail subject to sign off by the developer. The agreed fee to Network Rail is £74,876 excl. VAT. It will be the purchaser’s responsibility to complete this agreement.
VAT The site is elected for VAT.
Viewings Viewings are strictly by appointment; please contact the sole selling agents to make an appointment.
Further Information Further information including technical and legal documentation is available at: www.savills.co.uk/Sandycombe1_9
Contacts For further information please contact: Andrew Cox
+44 (0) 207 016 3851 [email protected]
Andrew Cooper
+44 (0) 207 016 3848 [email protected]
Robert Pollock
+44 (0) 207 409 8114 [email protected]
Important Notice Savills and their clients 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. Sale particulars produced September 2017.
NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100024244 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.
Internal CGI of consented scheme
