Development Opportunity Land at Store Road, North ... AWS
Development Opportunity Land at Store Road, North Woolwich, E16 For Sale Freehold
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The site comprises a vacant plot extending to approximately 0.36 hectares (0.9 acres) situated opposite Woolwich Ferry Pier facing the River Thames.
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Approximately 0.4km from King George V DLR Station which provides services to Canary Wharf and Bank. Woolwich Arsenal is one stop east and will provide connections to Crossrail from 2018.
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Within close proximity to London City Airport, University of East London and the proposed ABP business district.
Savills London 33 Margaret Street London W1G 0JD
savills.co.uk
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Potential for residential development, subject to the necessary consents. Pre-application discussions have been entered into with LB Newham and an indicative scheme for 107 residential units in two buildings comprising 10 and 14 storeys has been drawn up.
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For sale freehold with vacant possession.
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Unconditional offers for the freehold interest are preferred but subject to planning offers may be considered.
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 The site occupies a prominent position on the north side of Pier Road, opposite the approach road to Woolwich Ferry Pier. The site is bounded to the west by Store Road. To the immediate north is Store Road Pumping Station and to the east is a bus terminus and the entrance to the Woolwich Foot Tunnel under the river.
The Royal Docks is witnessing significant regeneration and investment. There are proposals for 7 million sq ft of new development at Silvertown Quays, Oxley Holdings and Ballymore are constructing 3,385 homes at Royal Wharf and the Asian Business Port on Royal Albert Dock is predicted to generate 20,000 new jobs.
The site extends to approximately 0.36 hectares (0.9 acres) and is largely overgrown with vegetation and an area of hardstanding at the north west corner.
Planning
The site is well served by public transport with King George V Docklands Light Railway Station approximately 0.4 kilometres (0.25 miles) to the north east. The DLR serves Canary Wharf (19 minutes) and Bank (24 minutes). Woolwich Arsenal is one stop east, from which Crossrail services are scheduled to run from 2018. London City Airport is one stop west on the DLR. The site is directly opposite North Woolwich Pier for the Woolwich Ferry which operates a two ferry service from 6.10am – 8pm Monday to Friday (approx every 5-10mins) and a one boat service at weekends running from 6.10am – 8pm on Saturdays and 11.30am – 7.30pm on Sundays. The service connects the North and South Circular roads and can be used by pedestrians. Pedestrians can also cross the river using the Woolwich Foot Tunnel which is approximately 100m east of the site. Buses to Stratford, Canning Town and Manor Park depart from the terminus immediately east of the site.
The site is located within the London Borough of Newham. The vendor has entered into a Planning Performance Agreement for proposals to redevelop the site for residential use. The process has established that the principle of residential use on the site is acceptable and an indicative scheme for 107 residential units extending to a total of c.135,000 sq ft GIA has been consulted on with LB Newham. Further information on the Pre-Application process is available on the online dataroom along with details of the indicative scheme and a document prepared by Savills Planning department summarising the planning circumstances and redevelopment potential of the site and the surrounding area. The indicative scheme is one architectural solution for the site and parties should make their own enquiries.
STORE ROAD, NORTH WOOLWICH- STORE D
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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.
Tenure
Viewings & Access
Further Information
The property is for sale freehold with Vacant Possession.
Limited areas of the site can be viewed from the boundary. A Temporary Prohibition of Traffic Order put in place by London Borough of Newham currently affects Store Road and as a consequence access is restricted. A copy of the Order is available on the online dataroom. For access on to the site for sale please contact the sole selling agents.
Further information is available at:
VAT We understand that the property is not elected for VAT.
Method of Sale The property will be sold by way of informal tender (unless sold prior). Unconditional offers for the freehold interest are preferred but subject to planning offers may be considered.
www.savills.com/thameswaterlondon The dataroom includes the following: 1) Location and site plans 2) Title information 3) Savills Planning Appraisal 4) Indicative masterplan layout
Contacts Sean Cooper
Simon Welch
020 7409 9948 [email protected]
020 7016 3764 [email protected]
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 | October 2014
g
The site comprises a vacant plot extending to approximately 0.36 hectares (0.9 acres) situated opposite Woolwich Ferry Pier facing the River Thames.
g
Approximately 0.4km from King George V DLR Station which provides services to Canary Wharf and Bank. Woolwich Arsenal is one stop east and will provide connections to Crossrail from 2018.
g
Within close proximity to London City Airport, University of East London and the proposed ABP business district.
Savills London 33 Margaret Street London W1G 0JD
savills.co.uk
g
Potential for residential development, subject to the necessary consents. Pre-application discussions have been entered into with LB Newham and an indicative scheme for 107 residential units in two buildings comprising 10 and 14 storeys has been drawn up.
g
For sale freehold with vacant possession.
g
Unconditional offers for the freehold interest are preferred but subject to planning offers may be considered.
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 The site occupies a prominent position on the north side of Pier Road, opposite the approach road to Woolwich Ferry Pier. The site is bounded to the west by Store Road. To the immediate north is Store Road Pumping Station and to the east is a bus terminus and the entrance to the Woolwich Foot Tunnel under the river.
The Royal Docks is witnessing significant regeneration and investment. There are proposals for 7 million sq ft of new development at Silvertown Quays, Oxley Holdings and Ballymore are constructing 3,385 homes at Royal Wharf and the Asian Business Port on Royal Albert Dock is predicted to generate 20,000 new jobs.
The site extends to approximately 0.36 hectares (0.9 acres) and is largely overgrown with vegetation and an area of hardstanding at the north west corner.
Planning
The site is well served by public transport with King George V Docklands Light Railway Station approximately 0.4 kilometres (0.25 miles) to the north east. The DLR serves Canary Wharf (19 minutes) and Bank (24 minutes). Woolwich Arsenal is one stop east, from which Crossrail services are scheduled to run from 2018. London City Airport is one stop west on the DLR. The site is directly opposite North Woolwich Pier for the Woolwich Ferry which operates a two ferry service from 6.10am – 8pm Monday to Friday (approx every 5-10mins) and a one boat service at weekends running from 6.10am – 8pm on Saturdays and 11.30am – 7.30pm on Sundays. The service connects the North and South Circular roads and can be used by pedestrians. Pedestrians can also cross the river using the Woolwich Foot Tunnel which is approximately 100m east of the site. Buses to Stratford, Canning Town and Manor Park depart from the terminus immediately east of the site.
The site is located within the London Borough of Newham. The vendor has entered into a Planning Performance Agreement for proposals to redevelop the site for residential use. The process has established that the principle of residential use on the site is acceptable and an indicative scheme for 107 residential units extending to a total of c.135,000 sq ft GIA has been consulted on with LB Newham. Further information on the Pre-Application process is available on the online dataroom along with details of the indicative scheme and a document prepared by Savills Planning department summarising the planning circumstances and redevelopment potential of the site and the surrounding area. The indicative scheme is one architectural solution for the site and parties should make their own enquiries.
STORE ROAD, NORTH WOOLWICH- STORE D
Church
Playground D
C
C
C
Shelte r
206
C
D
m
C
C
C
C
DOC KLAN D
D
1.2m
D
El Sub Sta
16
D D D
D
D
D
D
D
D
STR E ET
0.9m
C
C
C
C
C
C
C
C
C
C
217 to D 21 1
D
171 to
D
C Satellite Dish
Satellite Dishes
Dish Aerial
D
El Sub Stas
NW/STORE/2162
Satellite Dish D
AD
Pumping Station
2
STO RE R O
atellite Dishes
D
D
Tk
NORTH WOOLWICH Satellite NW/STORE/4839 Dishes
Satellite Dishes
D
Shelters TCB D
Satellite
llite
El Sub Sta
Dishes
es
D
Posts
4.6m
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
SM
CraDne
&
& Mud
&
&
&
&
Masonry
&
&
&
Navigation Lights (fixed green)
&
&
Mean High Water
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.
Tenure
Viewings & Access
Further Information
The property is for sale freehold with Vacant Possession.
Limited areas of the site can be viewed from the boundary. A Temporary Prohibition of Traffic Order put in place by London Borough of Newham currently affects Store Road and as a consequence access is restricted. A copy of the Order is available on the online dataroom. For access on to the site for sale please contact the sole selling agents.
Further information is available at:
VAT We understand that the property is not elected for VAT.
Method of Sale The property will be sold by way of informal tender (unless sold prior). Unconditional offers for the freehold interest are preferred but subject to planning offers may be considered.
www.savills.com/thameswaterlondon The dataroom includes the following: 1) Location and site plans 2) Title information 3) Savills Planning Appraisal 4) Indicative masterplan layout
Contacts Sean Cooper
Simon Welch
020 7409 9948 [email protected]
020 7016 3764 [email protected]
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 | October 2014
