North London Development Opportunity
North London Development Opportunity 59-65 Main Avenue, Bush Hill Park, Enfield, London, EN1 1DS For Sale Freehold
■■An investment / development opportunity 500 metres from Bush Hill Park London Overground Station in the London Borough of Enfield. ■■A prominent corner plot extending to approximately 0.08 hectares (0.2 acres) currently occupied by single storey retail units, garages and yard space. ■■Potential for redevelopment, subject to the necessary consents, with a previous outline permission and an expired resolution to grant permission for a residential led scheme. ■■For sale freehold.
savills.co.uk
Location Bush Hill Park is situated immediately south east of Enfield town, north London, in the London Borough of Enfield. Bush Hill Park is approximately 13 km (8 miles) from the City of London and 15 km (9 miles) from the West End. Ponders End and the Lee Valley are to the east and Winchmore Hill and Edmonton are to the south. Main Avenue runs east to west, connecting to the Great Cambridge Road (A10) at its eastern point. Enfield is approximately 1.3 km (0.8 miles) to the north west and is a vibrant London town centred around an attractive market square. There is an extensive retail offer, with a Waitrose supermarket as well as convenience retailers for day-to-day essentials, with a selection of bakeries, pharmacies, opticians and banks. There is an array of independent cafés, bars and restaurants that contribute to the vibrancy of the area.
Enfield shops and facilities
The adjacent Palace Gardens and Palace Exchange Shopping Centre’s are also in the heart of the town and are anchored by Marks & Spencer’s and Waitrose with a range of other national high street retailers. De Mandeville Gate Retail Park is 500 metres north east of the site and has occupiers including Argos, Harveys and Currys PC World. Next to De Mandeville Gate are a large Morrison’s supermarket, Puregym, B&Q and Cineworld Imax Cinema. Bush Hill Park is just 250 metres north of the site and offers green open space, playgrounds and a variety of sports fields. Bush Hill Park Tennis Clubs and Enfield Chase Tennis Clubs are 600 metres and 1km to the west of the site respectively and there are a range of other sports and leisure facilities in the vicinity.
The vast Lee Valley regional park, which extends from Hertfordshire and Essex through London to the Thames, can be accessed approximately 2.5 km (1.5 miles) to the east of the site and has heritage sites, cycling, walking, white water rafting, ice skating, horse riding, nature reserves and the London 2012 Olympic Venues. Bush Hill Park London Overground Station is 500 metres south east of the site. Direct services in to the City of London at Liverpool Street are 31 minutes. Services into the West End (Oxford Circus) are approximately 30 minutes, with a change at Seven Sisters for the Victoria Line. Enfield Town station is one stop north from Bush Hill Park. There are bus services to local destinations running along Main Avenue. The Great Cambridge Road (A10) is 200 metres east of the site at the end of Main Avenue and is one of London’s key arterial roads, connecting to the North Circular Road approximately 3.5 km (2 miles) south of Main Avenue and the M25 approximately 4.5 km (3 miles) to the north.
ROMAN WAY
Description 61 97
The property comprises a number of single storey buildings and yard space. The buildings are occupied by an auto electrical repair 4 1 shop, a window retailer and a garage /mechanics, which8 occupies much of the yard space. There are six leases, all of which are 5 12 9 outside of the Landlord & Tenant Act 1954, and vacant possession can be 13 secured in June 2018. The site extends to approximately 29 0.08 hectares (0.2 acres). It forms a corner plot with frontage on Main Avenue and Landseer Road. Adjacent on Main Avenue is a short 28 retail parade with local shops. Immediately south along Landseer Road are terraced two storey 44 houses. 58 64
24 48
SIDE
71 107
ERMINE
Bush Hill Park Primary School 83 119
& Childrens Centre
123
121 to
60
62
50
SA Hall
to
72
74 to 76
Wheatsheaf Hall
64 66 68
70
72 74
76 Clinic
21.9m
MAIN AVENUE
LB
57 110
49
45
59b
2a 2b
2c
2d
Garage
1
2
1
2 13
16
96
13
14
NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022432 Savills (UK) Limited.
84
49
LANDSEER ROAD
39
30m
52
20m
42
10m
40
37
POYNTER ROAD
27
25
26
30
0m
NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022432 Savills (UK) Limited. © Crown Copyright 2018. All rights reserved. Ordnance Survey Licence number 100022432. Plotted Scale - 1:1250
Planning
VAT
The property is situated in the London Borough of Enfield. It is not listed or adjacent to any listed buildings and it is not in a Conservation Area. In August 2015 a resolution to grant planning permission (ref: P14-00763PLA) subject to a Section 106 agreement was passed for redevelopment of the site to provide a scheme comprising 10 residential units and 256 sq m commercial space. A Section 106 Agreement was never signed, with the application being subsequently withdrawn.
Outline planning permission, with all matters reserved (ref: TP/05/0661), was granted for the redevelopment of the site for residential purposes in June 2005. An application for reserved matters for the redevelopment of the site was made in 2008 but refused by the local authority.
The property is not elected for VAT.
Details of these applications are available on the dataroom.
Further Information
Method of Sale and Tenure
Further detailed information can be found on the dataroom:
The property is for sale freehold, subject to the existing leases, and will be sold by informal tender (unless sold prior).
EPC The property has an EPC rating of E109. The EPC and recommendation report can be found on the dataroom.
www.savills.com/mainavenue The property can be seen from the public highway.
Application P14-00763 Landseer Road Elevation
Application P14-00763 Landseer Road Elevation
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, images 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. Sales particulars produced February 2018
Savills 33 Margaret Street London W1G 0JD
savills.co.uk
Sean Cooper 020 7409 9948 [email protected]
Darren Arnold 020 7409 9926 [email protected]
Hugh Bushell 020 7075 2860 [email protected]
■■An investment / development opportunity 500 metres from Bush Hill Park London Overground Station in the London Borough of Enfield. ■■A prominent corner plot extending to approximately 0.08 hectares (0.2 acres) currently occupied by single storey retail units, garages and yard space. ■■Potential for redevelopment, subject to the necessary consents, with a previous outline permission and an expired resolution to grant permission for a residential led scheme. ■■For sale freehold.
savills.co.uk
Location Bush Hill Park is situated immediately south east of Enfield town, north London, in the London Borough of Enfield. Bush Hill Park is approximately 13 km (8 miles) from the City of London and 15 km (9 miles) from the West End. Ponders End and the Lee Valley are to the east and Winchmore Hill and Edmonton are to the south. Main Avenue runs east to west, connecting to the Great Cambridge Road (A10) at its eastern point. Enfield is approximately 1.3 km (0.8 miles) to the north west and is a vibrant London town centred around an attractive market square. There is an extensive retail offer, with a Waitrose supermarket as well as convenience retailers for day-to-day essentials, with a selection of bakeries, pharmacies, opticians and banks. There is an array of independent cafés, bars and restaurants that contribute to the vibrancy of the area.
Enfield shops and facilities
The adjacent Palace Gardens and Palace Exchange Shopping Centre’s are also in the heart of the town and are anchored by Marks & Spencer’s and Waitrose with a range of other national high street retailers. De Mandeville Gate Retail Park is 500 metres north east of the site and has occupiers including Argos, Harveys and Currys PC World. Next to De Mandeville Gate are a large Morrison’s supermarket, Puregym, B&Q and Cineworld Imax Cinema. Bush Hill Park is just 250 metres north of the site and offers green open space, playgrounds and a variety of sports fields. Bush Hill Park Tennis Clubs and Enfield Chase Tennis Clubs are 600 metres and 1km to the west of the site respectively and there are a range of other sports and leisure facilities in the vicinity.
The vast Lee Valley regional park, which extends from Hertfordshire and Essex through London to the Thames, can be accessed approximately 2.5 km (1.5 miles) to the east of the site and has heritage sites, cycling, walking, white water rafting, ice skating, horse riding, nature reserves and the London 2012 Olympic Venues. Bush Hill Park London Overground Station is 500 metres south east of the site. Direct services in to the City of London at Liverpool Street are 31 minutes. Services into the West End (Oxford Circus) are approximately 30 minutes, with a change at Seven Sisters for the Victoria Line. Enfield Town station is one stop north from Bush Hill Park. There are bus services to local destinations running along Main Avenue. The Great Cambridge Road (A10) is 200 metres east of the site at the end of Main Avenue and is one of London’s key arterial roads, connecting to the North Circular Road approximately 3.5 km (2 miles) south of Main Avenue and the M25 approximately 4.5 km (3 miles) to the north.
ROMAN WAY
Description 61 97
The property comprises a number of single storey buildings and yard space. The buildings are occupied by an auto electrical repair 4 1 shop, a window retailer and a garage /mechanics, which8 occupies much of the yard space. There are six leases, all of which are 5 12 9 outside of the Landlord & Tenant Act 1954, and vacant possession can be 13 secured in June 2018. The site extends to approximately 29 0.08 hectares (0.2 acres). It forms a corner plot with frontage on Main Avenue and Landseer Road. Adjacent on Main Avenue is a short 28 retail parade with local shops. Immediately south along Landseer Road are terraced two storey 44 houses. 58 64
24 48
SIDE
71 107
ERMINE
Bush Hill Park Primary School 83 119
& Childrens Centre
123
121 to
60
62
50
SA Hall
to
72
74 to 76
Wheatsheaf Hall
64 66 68
70
72 74
76 Clinic
21.9m
MAIN AVENUE
LB
57 110
49
45
59b
2a 2b
2c
2d
Garage
1
2
1
2 13
16
96
13
14
NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022432 Savills (UK) Limited.
84
49
LANDSEER ROAD
39
30m
52
20m
42
10m
40
37
POYNTER ROAD
27
25
26
30
0m
NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100022432 Savills (UK) Limited. © Crown Copyright 2018. All rights reserved. Ordnance Survey Licence number 100022432. Plotted Scale - 1:1250
Planning
VAT
The property is situated in the London Borough of Enfield. It is not listed or adjacent to any listed buildings and it is not in a Conservation Area. In August 2015 a resolution to grant planning permission (ref: P14-00763PLA) subject to a Section 106 agreement was passed for redevelopment of the site to provide a scheme comprising 10 residential units and 256 sq m commercial space. A Section 106 Agreement was never signed, with the application being subsequently withdrawn.
Outline planning permission, with all matters reserved (ref: TP/05/0661), was granted for the redevelopment of the site for residential purposes in June 2005. An application for reserved matters for the redevelopment of the site was made in 2008 but refused by the local authority.
The property is not elected for VAT.
Details of these applications are available on the dataroom.
Further Information
Method of Sale and Tenure
Further detailed information can be found on the dataroom:
The property is for sale freehold, subject to the existing leases, and will be sold by informal tender (unless sold prior).
EPC The property has an EPC rating of E109. The EPC and recommendation report can be found on the dataroom.
www.savills.com/mainavenue The property can be seen from the public highway.
Application P14-00763 Landseer Road Elevation
Application P14-00763 Landseer Road Elevation
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, images 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. Sales particulars produced February 2018
Savills 33 Margaret Street London W1G 0JD
savills.co.uk
Sean Cooper 020 7409 9948 [email protected]
Darren Arnold 020 7409 9926 [email protected]
Hugh Bushell 020 7075 2860 [email protected]
