A unique owner occupier/ investor development opportunity in Hackney Wick comprising a freehold site with full planning permission for a new 23,034 sqft NIA B1 office building.
The site is less than a 1 minute walk from Hackney Wick Station providing services into Stratford within 5 minutes. Stratford will soon benefit from Crossrail (Elizabeth Line) which will provide services into Liverpool Street within 7 minutes, Canary Wharf in 8 minutes, Tottenham Court Road in 13 minutes and Heathrow T2 & 3 in 43 minutes).
The site extends to approximately 598 sqm (0.147 acres) and currently comprises a number of single storey commercial units.
Full planning permission was granted for the demolition of the existing buildings and redevelopment of the site to provide a 5 storey (inc. basement) B1 office building extending to 23,034 sqft NIA (28,309 sqft GIA).
The most recently drafted S106 defines the affordable workspace as: ‘5% of the Workspace (to be no less than 131.5 square metres of Gross Internal Floor space) to be provided as part of the Development at (unless otherwise agreed with the LPA) ground floor or above, which will (unless otherwise agreed with the LPA) be offered to future occupiers at up to £16 per square foot (Indexed) including Service Charge for a period of 5 years from the first Occupation of the Development’ Thereafter the space can be let at full market rent’.
The scheme will provide a communal garden at roof level and provisions for 30 cycle spaces.
The site also lends itself to a residential scheme and was outlined as Phase 1 within the LLDC’s Hackney Wick Masterplan which identifies the ground floor use as B1 with upper floor use as either B1 or C3.
A residential led scheme (subject to the necessary planning consents) would work within the same massing as the granted office planning consent. Architects indicative plans can be made available upon request.
We are aware that the site is not elected for VAT.
The site is available freehold with vacant possession.
A UNIQUE OWNER OCCUPIER / INVESTOR DEVELOPMENT OPPORTUNITY IN HACKNEY WICK
An existing 4 storey mixed use commercial property in central Luton extending to 20,247 sqft GIA subject to planning permission for an extra floor of B1 office space or Residential conversion.
The property is located on the south side of George Street which is considered to be Luton’s prime retail pitch in the nucleus of Luton Town Centre. The property is a 7 minute walk from Luton Railway Station providing direct services into London St Pancras in approx. 23 minutes and is approximately a 9 minute drive from Luton Airport. The property is an 8 minute walk from the University of Bedfordshire, Luton campus. The University of Befordfordshire currently has 17,000 students (figure based on a 2016/17 census) and we are of the opinion that the scheme could lend itself to student accommodation use.
MIXED USE COMMERCIAL DEVELOPMENT
Planning permission was submitted on 29th May 2018 for the construction of an extra floor of B1 office space.
The proposed scheme will extend to 24,779 sqft GIA. The scheme provides façade alterations and reconfiguration of the third floor with a use class change from D1 to B1 (Planning Ref: 18/00814/FUL).
The ground floor, use class A2 extends to 4,800 sqft GIA. The 1st and 2nd floor, use class D2 extends to 15,447sqft GIA and the 3rdand proposed 4th floor, use class B1 will extend to 4,532 sqft GIA.
RESIDENTIAL DEVELOPMENT SCHEME
The Vendor submitted a separate planning application in August 2018 for the retention of the ground floor use and the change of use of the 1st to 3rd floors into 62 shared living units (Sui Generis).
The ground floor extends to 4,800 sqft GIA and the proposed residential shared living scheme will extend to 10,599sqft NSA (15,447 sqft GIA).
Should the office scheme be granted this will set president for an extra floor, giving the possibility to apply for an extra floor of shared living accommodation via a separate planning application. We advise potential purchasers to undertake their own due diligence on this matter.
The property is available freehold with vacant possession.
OFFICE INVESTMENT OPPORTUNITY OR RESIDENTIAL/ STUDENT DEVELOPMENT
3.2 ACRE MAJOR REDEVELOPMENT OPPORTUNITY OPPOSITE DEVONPORT DOCKYARD
• Site suitable for various uses (STPP)
• Unconditional and conditional deals considered
• Existing GIA of 11,397 sq m (122,682 sq ft)
• Site area of 1.29 hectares (3.2 acres)
Saltash Road, Plymouth, PL2 2DP
Type: Residential Land, Distribution Warehouse, General Industrial, Industrial Park, Warehouse, Storage, General Retail, Retail - Out of Town, Trade Counter, Land, Business park, Design & Build, Healthcare, Mixed Use, Science Park, Research & Development, Other, Residential, Industrial, Retail, Commercial Land, Offices, Other Property Types & Opportunities
Goschen Centre, Saltash Road, PL2 2DPGBPlymouthDevonPL2 2DPSaltash Road
Modern detached warehouse/production unit. Prestigious roadside location. Fitted office area. 4,742 m² (51,046 ft²).
Location Westmead Industrial Estate is an established and successful employment area, well located within the town. Junction 16 of the M4 is approximately 2 miles to the south. The estate benefits from dual carriageway access via Great Western Way (the A3102).
Unit 3 Pagoda holds a prominent roadside location fronting onto Westmead Drive.
Unit 3 Pagoda is a purpose built detached warehouse/production facility with fitted offices at first floor. The unit is situated in a quality landscaped environment. The building is of steel framed lattice beam construction with brickwork and vertical profiled cladding.
Access to the first floor offices is gained via a ground floor reception. The specification includes gas fired central heating, suspended ceilings with integral lighting, carpets and an 8 person lift.
There is on site parking for 100 cars and a loading/circulation yard to the rear.
Eaves 6.7m to underside of roof beam
Floor loading 750lbs per sq ft
4 loading doors with the opportunity of adapting these into dock level subject to the necessary permission
Gas fired heating
8 person passenger lift
Unit 3, Pagoda Quarter, Stirling Road, Swindon, SN3 4YH
Type: Distribution Warehouse, General Industrial, Industrial Park, Light Industrial, Warehouse, Storage, Office, Industrial, Offices