89 stanmore hill,€¦ · private road which also services the neighbouring properties. planning...
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89 Stanmore Hill, Stanmore, Middlesex HA7 3DZ
Mixed-Use Development Opportunity For Sale
HOME SUMMARY
SUMMARY
89 Stanmore Hill, Stanmore, Middlesex HA7 3DZ
• 2-storey building extending to circa 2,443ft2 comprising a former restaurant at ground floor with a residential unit above
• Planning permission for a new build scheme of 6 self- contained apartments (4 x 1 bed and 2 x studio units) for private sale plus commercial space
• Sought-after location close to the shops and amenities on Stanmore High Street and within walking distance of Stanmore Station (Jubilee line)
• Offers invited in excess of £1,100,000 freehold
DESCRIPTION & LOCATION DEVELOPMENT TERMS
www.kingsbury-consultants.co.uk
DESCRIPTION
LOCATION
The existing property comprises a 2-storey building comprising of former restaurant at ground floor (A3 Use Class) with a 3 bedroom self-contained residential apartment within the 1st floor. The existing building extends to approximately 2443ft2 (227m2) and is currently fully vacant.
To the rear of the building is a yard area and outbuildings, accessed via a Right of Way over a private road which also services the neighbouring properties.
Planning permission has been granted for redevelopment of the site with a fully private scheme of 6 apartments and commercial space.
The property is located on Stanmore Hill, within the affluent North London suburb of Stanmore. The Local Authority is the London Borough of Harrow.
There are numerous shops, restaurants and amenities available on Stanmore High Street which is within walking distance of the property. St. John’s COE School is located approximately 0.1 miles from the site.
Stanmore Underground Station is located approximately 0.7 miles from the site and offers regular Jubilee Line services into Central London (Baker Street Station in under 30 minutes).
DESCRIPTION & LOCATIONHOME SUMMARY DEVELOPMENT TERMS
www.kingsbury-consultants.co.uk 89 Stanmore Hill, Stanmore, Middlesex HA7 3DZ
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
PLANNING AND DEVELOPMENT POTENTIALPlanning permission was granted via Appeal on 24th November 2014, under reference APP/M5450/A/14/2225661, for the demolition of the existing building and the construction of a 3-storey building to provide 2 ground floor retail units and 6 self-contained residential units comprising 4 x 1 bedroom & 2 x studio apartments.
The proposed retail units will be accessed directly off Stanmore Hill whereas the apartments will be accessed via the private access road to the side.
We understand that the planning consent is not subject to any Section 106 obligations, although there is a CIL liability of approximately £27,238.
The planning application can be found here.
Unit Floor Description GIA ft2 GIA m2
Commercial
A Ground Use Class TBC 570 53
B Ground Use Class TBC 614 57
Sub-Total 1,184 110
Residential
1 Ground Studio Apartment 398 37
2 Ground Studio Apartment 398 37
3 First One Bedroom Two Person Apartment 588 55
4 First One Bedroom Two Person Apartment 624 58
5 Second One Bedroom Two Person Apartment 588 55
6 Second One Bedroom Two Person Apartment 624 58
Sub-Total 3,220 300
Grand Total 4,404 410
www.kingsbury-consultants.co.uk 89 Stanmore Hill, Stanmore, Middlesex HA7 3DZ
PROPOSED ACCOMMODATION SCHEDULE
Indicative visualisation
TENURE
The property is to be sold freehold and subject to vacant possession.
TERMS
Offers are invited in excess of £1,100,000.
VAT
We understand the property is not elected for VAT.
ADDITIONAL INFORMATION
Further information such as planning documents can be found in our dataroom using the password ‘Stanmore’.
CONTACT
To discuss any aspect of the property of disposal process, please contact the sole selling agents:
Joe Goldsmith020 7183 [email protected]
Jordan Oldfield 020 7183 [email protected]
Kingsbury on their own behalf and on behalf of the Owner / Landlord of this property whose agents, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: 06869268.
TERMSHOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT
www.kingsbury-consultants.co.uk
Kingsbury
1st Floor, 81 Alie Street, London E1 8NH
89 Stanmore Hill, Stanmore, Middlesex HA7 3DZ