land at laurence road & prince regent road · 2020. 10. 22. · land at laurence road & prince...

LAND AT LAURENCE ROAD & PRINCE REGENT ROAD Hounslow, London TW3

West London Development Opportunity

Site outline for indicative purposes only

PRINCE REGENT ROAD

HOUNSLOW EAST STATION

LAURENCE ROAD

2Land at Laurence Road & Prince Regent Road Hounslow, London, TW3

LOCATIONThe sites are located in the centre of Hounslow, West London. The area is popular with young professionals and families due to its excellent transport links, retail amenities and local parks. The Council have promoted regeneration of Hounslow Town Centre and a number of sites are currently under construction, including High Street Quarter, which will provide a new public square with shops, restaurants and multiplex cinema.

The High Street adjoins Laurence Road to the south and provides a range of local amenities, including High Street retailers, independent shops, banks and Post Office. The Treaty Shopping Centre is located 500 metres to the west and occupiers include Debenhams, H&M and Clarks. Local supermarkets include Asda Superstore, Tesco Express and Aldi.

EXECUTIVE SUMMARY• Development opportunity in Hounslow,

West London

• Two freehold sites:

• Laurence Road – indicative developable area extends to approximately 0.127 hectares (0.315 acres) across two plots

• Prince Regent Road – 0.044 hectares (0.109 acres)

• Potential for redevelopment to alternative uses, including residential, subject to obtaining the necessary consents

• Positive pre-application for Laurence Road for 74 residential units and 293 sq m commercial space

• Both sites within 500 metres of Hounslow East station providing Piccadilly Line services to Central London and Heathrow

• For sale freehold

Ordnance Survey Crown Copyright 2020. All rights reserved.

Licence number 100022432.

Plotted Scale - 1:9000. Paper Size – A4

The sites benefit from excellent transport accessibility as evidenced by the PTAL rating of 6a. Hounslow East station is located 400 metres and 500 metres north east of Laurence Road and Prince Regent Road respectively, and provides Piccadilly Line services to Heathrow and Central London:

• Heathrow Terminals 2&3 – 11 minutes

• Piccadilly Circus – 36 minutes

• King’s Cross – 44 minutes

Hounslow Train station is located approximately 1.1km (0.7 miles) to the south east and provides direct services to London Waterloo in 40 minutes, via Clapham Junction and Vauxhall.

The sites also benefit from close proximity to Heathrow airport which is located 5km (3.2 miles) to the west and is well connected by road to the M4, providing access to Central London to the east and the M25 to the west.

(Source: TFL and National Rail)

Laurence RoadPrince Regent Road


PRINCE REGENT ROAD

HOUNSLOW EAST STATION

Site outline for indicative purposes only

THORNBURY PARK

INWOOD PARK

HIGH STREET

THE BLENHEIM CENTRE

HIGH STREET QUARTER (PROVIDING A NEW PUBLIC

SQUARE & MULTIPLEX CINEMA)

ASDA SUPERMARKET

TWICKENHAM STADIUM

LAURENCE ROAD

4

DESCRIPTIONThe development opportunity comprises two freehold titles:

NGL322909 – Land at Laurence Road

The freehold site is edged red on the site plan and comprises two developable parcels of land lying to the east and west of Laurence Road (indicative outline in blue). Laurence Road is an adopted highway.

Both plots extend to approximately:

• East plot – 0.042 hectares (0.104 acres)

• West plot – 0.085 hectares (0.211 acres)

The total freehold site extends to approximately 0.251 hectares (0.621 acres).

Ordnance Survey Crown Copyright 2020. All rights reserved.


Plotted Scale - 1:1000. Paper Size – A4 Ordnance Survey Crown Copyright 2020. All rights reserved.


Plotted Scale - 1:1000. Paper Size – A4

Part of Title AGL135340 – Land at Prince Regent Road

The site comprises a vacant triangular plot of land extending to approximately 0.044 hectares (0.109 acres).

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.

Land at Laurence Road & Prince Regent Road Hounslow, London, TW3

Site outline for indicative purposes only Site outline for indicative purposes only

55

RESIDENTIAL DEVELOPMENT POTENTIALPlanning• The property falls within the jurisdiction of the

London Borough of Hounslow. The property is not listed and does not fall within a Conservation Area.

• The site is within an Archaeological Priority Area

• PTAL rating of 6a (Excellent)

• The site is located within Hounslow Town Centre where a variety of commercial and residential uses are supported.

• The eastern parcel of the Site forms part of Mixed Use Allocation 41 – London Road North in the adopted Local Plan

• Policy SC1 of the Local Plan sets a target to deliver 12,330 (net) new dwellings between 2015 and 2030 equating to an average of approximately 822 units per annum

• It supports new residential on small sites such as this which would constitute ‘sustainable development’

• The site is not subject to any material sensitivities or constraints making it suitable for comprehensive development

A planning report has been prepared by Savills Planning which sets out the specific policies applicable to the site and is available on the dataroom.

HIGH STREET QUARTER (27 STOREYS)

1 PRINCE REGENT ROAD (6 STOREYS)

PRINCE REGENT ROAD (7 STOREYS)

Consented Schemes

Proposed Schemes

LAURENCE ROAD (5-8 STOREYS)


66

Feasibility StudiesFormation Architects have prepared feasibility studies for both sites along with a pre-application document which was presented to the London Borough of Hounslow at a formal meeting in July 2020.

The full documents are available on the dataroom.

Laurence RoadThe indicative scheme comprises:

• 74 residential units split across 2 blocks on the eastern and western plots

• Unit mix:

− 2 x studios

− 26 x 1-beds

− 46 x 2-beds

• Height ranges from 5-8 storeys

• Commercial GIA 293 sq m (3,154 sq ft)

• Car free scheme

A summary of the proposed schedule of accommodation is set out below:

USE UNITS NSA (SQ M)

NSA (SQ FT)

GIA (SQ M)

GIA (SQ FT)

Block A – Residential 49 3,162 34,036 3,810 41,013

Block B - Residential 25 1,562 16,813 1,883 20,269

Commercial unit 293 3,154

Ancillary + Deck Access 624 6,723

Total 74 4,724 50,849 6,610 71,159

5

Laurence Road - 1st-2nd Floor

96

104

Sports Court

HIGH STR

EET

House

102

57 to 77

102c

54 to 66

84

106

44 to 52

108

House

102a

102b

Radalco

78

86 to 94

101 to 105

69

79 to 83

1

PRINC

E REG

ENT R

OAD

107

1 to 7

Pharmacia

Car Park

SCHOOL ROAD

Bank

Topaz Ap

artments

100

80

73

42

98

SADD

LERS PLAC

E

LAURENCE ROAD

HIGH STR

EET

Revisions:

Do not scale this drawing. Contractor to confirm alldimensions on site. Notify architect immediately of anydiscrepancies.

Job number

Status

Drawing number Revision

Drawing Title

Drawn by Checked by Scale

Client

Project

Key Plan

Winchester House 1-3 Brixton Road London SW9 6DET 020 7251 0781 W formationarchitects.co.uk

For Comment

Laurence RoadHounslow

Savills

First - Second Floor

FR MR 1:500@A3

6773 D2101 02

0 155m

10

BLOCK A

BLOCK B

00 04.09.19 DrawnFR01 18.10.19 Drawing amendedFR02 28.02.20 Drawing amendedCC

Key

Studio 1b2p 2b3p 2b4p 3b5p Commercial Resi Ancillary

Key


Sports Court

HIGH STR

EET

PRINC

E REG

ENT R

OAD

SCHOOL ROAD

SADD

LERS PLAC

E

LAURENCE ROAD

HIGH STR

EET

1 PrinceRegentRoad

Revisions:


Job number

Status


Drawing Title


Client

Project

Key Plan


For Comment


Savills

Ground Floor

FR MR 1:500@A3

6773 D2100 02

0 155m

10

00 04.09.19 DrawnFR

Key

Studio 1b 2b 3b Commercial Resi Ancillary

Lobby

BLOCK A

BLOCK B

Lobby

Refuse

CycleStore

Plant

Commercial297 sqm

(3197 sqft)

Plant

CycleStore

Refuse

01 18.10.19 Drawing amendedFR02 19.02.20 Drawing amendedCC

CycleStore

Sports Court

HIGH STR

EET

PRINC

E REG

ENT R

OAD

SCHOOL ROAD

SADD

LERS PLAC

E

LAURENCE ROAD

HIGH STR

EET

1 PrinceRegentRoad

Revisions:


Job number

Status


Drawing Title


Client

Project

Key Plan


For Comment


Savills

Ground Floor

FR MR 1:500@A3

6773 D2100 02

0 155m

10

00 04.09.19 DrawnFR

Key


Lobby

BLOCK A

BLOCK B

Lobby

Refuse

CycleStore

Plant

Commercial297 sqm

(3197 sqft)

Plant

CycleStore

Refuse


CycleStore

1:500@A3

5

Laurence Road - 1st-2nd Floor

96

104

Sports Court

HIGH STR

EET

House

102

57 to 77

102c

54 to 66

84

106

44 to 52

108

House

102a

102b

Radalco

78

86 to 94

101 to 105

69

79 to 83

1

PRINC

E REG

ENT R

OAD

107

1 to 7

Pharmacia

Car Park

SCHOOL ROAD

Bank

Topaz Ap

artments

100

80

73

42

98

SADD

LERS PLAC

E

LAURENCE ROAD

HIGH STR

EET

Revisions:


Job number

Status


Drawing Title


Client

Project

Key Plan


For Comment


Savills

First - Second Floor

FR MR 1:500@A3

6773 D2101 02

0 155m

10

BLOCK A

BLOCK B

00 04.09.19 DrawnFR01 18.10.19 Drawing amendedFR02 28.02.20 Drawing amendedCC

Key


Key


Sports Court

HIGH STR

EET

PRINC

E REG

ENT R

OAD

SCHOOL ROAD

SADD

LERS PLAC

E

LAURENCE ROAD

HIGH STR

EET

1 PrinceRegentRoad

Revisions:


Job number

Status


Drawing Title


Client

Project

Key Plan


For Comment


Savills

Ground Floor

FR MR 1:500@A3

6773 D2100 02

0 155m

10

00 04.09.19 DrawnFR

Key


Lobby

BLOCK A

BLOCK B

Lobby

Refuse

CycleStore

Plant

Commercial297 sqm

(3197 sqft)

Plant

CycleStore

Refuse


CycleStore

Sports Court

HIGH STR

EET

PRINC

E REG

ENT R

OAD

SCHOOL ROAD

SADD

LERS PLAC

E

LAURENCE ROAD

HIGH STR

EET

1 PrinceRegentRoad

Revisions:


Job number

Status


Drawing Title


Client

Project

Key Plan


For Comment


Savills

Ground Floor

FR MR 1:500@A3

6773 D2100 02

0 155m

10

00 04.09.19 DrawnFR

Key


Lobby

BLOCK A

BLOCK B

Lobby

Refuse

CycleStore

Plant

Commercial297 sqm

(3197 sqft)

Plant

CycleStore

Refuse


CycleStore

1:500@A3

Laurence Road indicative massing

Laurence Road indicative 1st to 2nd floor plan


77

Prince Regent RoadFormation Architects prepared a feasibiliy study and the indicative scheme comprises:

• 25 residential units

• Unit mix:

− 12 x 1-beds

− 13 x 2-beds

• 7 storeys in height

• Car free scheme

A summary of the proposed schedule of accommodation is set out below:

USE UNITS NSA (SQ M)

NSA (SQ FT)

GIA (SQ M)

GIA (SQ FT)

Residential 25 1,558 16,770 2,082 22,411

Total 25 1,558 16,770 2,082 22,411

Pre-Application ResponseThe full pre-application response from London Borough of Hounslow is available on the dataroom. In summary:

- The Council are supportive of redevelopment of Laurence Road and agree that the site provides a unique opportunity to create a focal building, marking an entry to the High Street.

- Regarding the unit mix for Laurence Road, the Council have confirmed following the written response that it is likely they would accept an offer that did not include 4 bed units and that 3B4P units would be deemed acceptable for families with young children. Justification regarding why it would not be appropriate or feasible to provide the larger units would need to be provided.

- The Council do not support the redevelopment of Prince Regent Road due to the loss of green space. The site forms an area of landscaping which was approved as part of the wider masterplan redevelopment of the area, under permission reference 00616/F/P5.


18

Prince Regent Road - 1st to 3rd Floor00 03.09.19 DrawnFR

Revisions:


Job number

Status


Drawing Title


Client

Project

Key Plan


For Comment

Prince Regent RoadHounslow

Savills

1st-3rd Floor

FR MR 1:500@A3

6773 D3101 01

Site Boundary

0 155m

10

Key

1b2p 2b3p 2b4p Accessible unit

01 02.03.20 Implemented WCH unitsCC00 03.09.19 DrawnFR

Revisions:


Job number

Status


Drawing Title


Client

Project

Key Plan


For Comment


Savills

1st-3rd Floor

FR MR 1:500@A3

6773 D3101 01

Site Boundary

0 155m

10

Key



Revisions:


Job number

Status


Drawing Title


Client

Project

Key Plan


For Comment


Savills

1st-3rd Floor

FR MR 1:500@A3

6773 D3101 01

Site Boundary

0 155m

10

Key


01 02.03.20 Implemented WCH unitsCC

1:500@A3

Key


20

House

102c

House

CROWN YARD

102b

Radalco1 to 7

Pharmacia

Baroque Court

Renaissance Court

SADDLERS PLACE

PRINCE REGENT ROAD

HOLLOWAY S

TREET

School Yard

Kingsley Sports C

entre

9 storeys

8 storeys

7 storeys

9 storeys

5 storeys

7 storeys

1 storey

3 storeys

3 storeys 4

storeys

00 03.09.19 DrawnFR

Revisions:


Job number

Status


Drawing Title


Client

Project

Key Plan


For Comment


Savills

Ground Floor

FR MR 1:500@A3

6773 D3001 00

Site Boundary

0 155m

10

Key

1b 2bAncillary

1. Looking South East Prince Regent Road

3. Looking North West along Prince Regent Road

1

2

7 storeys

Prince Regent Road - Massing

Prince Regent Road indicative massing

Prince Regent Road indicative 1st to 3rd floor plan

20

House

102c

House

CROWN YARD

102b

Radalco1 to 7

Pharmacia

Baroque Court

Renaissance Court

SADDLERS PLACE

PRINCE REGENT ROAD

HOLLOWAY S

TREET

School Yard

Kingsley Sports C

entre

9 storeys

8 storeys

7 storeys

9 storeys

5 storeys

7 storeys

1 storey

3 storeys

3 storeys 4

storeys

00 03.09.19 DrawnFR

Revisions:


Job number

Status


Drawing Title


Client

Project

Key Plan


For Comment


Savills

Ground Floor

FR MR 1:500@A3

6773 D3001 00

Site Boundary

0 155m

10

Key

1b 2bAncillary

1. Looking South East Prince Regent Road

3. Looking North West along Prince Regent Road

1

2

7 storeys

Prince Regent Road - Massing18

Prince Regent Road - 1st to 3rd Floor00 03.09.19 DrawnFR

Revisions:


Job number

Status


Drawing Title


Client

Project

Key Plan


For Comment


Savills

1st-3rd Floor

FR MR 1:500@A3

6773 D3101 01

Site Boundary

0 155m

10

Key



Revisions:


Job number

Status


Drawing Title


Client

Project

Key Plan


For Comment


Savills

1st-3rd Floor

FR MR 1:500@A3

6773 D3101 01

Site Boundary

0 155m

10

Key



Revisions:


Job number

Status


Drawing Title


Client

Project

Key Plan


For Comment


Savills

1st-3rd Floor

FR MR 1:500@A3

6773 D3101 01

Site Boundary

0 155m

10

Key


01 02.03.20 Implemented WCH unitsCC

1:500@A3

Key


IMPORTANT NOTICE

Maps are 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, and published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

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 2020

METHOD OF SALEThe sites will be sold by way of informal tender (unless sold prior). Unconditional offers are sought for the freehold interests.

VATThe sites are elected for VAT.

VIEWINGSViewings are strictly by appointment; please contact the sole selling agents to make an appointment.

FURTHER INFORMATIONFurther information including technical and legal documentation is available at:

www.savills.co.uk/laurenceroad

CONTACTFor further information please contact:

Robert Pollock020 7409 8114 [email protected]

Eleanor Heath 020 3320 8211 [email protected]

TENUREThe sites are for sale freehold subject to the following tenancy at Laurence Road:

ADDRESS Advertising boards, south west corner Laurence Road

TENANT Clear Channel UK Ltd

RENT (P.A.) £4,500

LEASE TERM 5 years from 25 Feb 2018 to 24 Feb 2023

BREAK OPTION Landlord break notice any time after 25 Feb 2021 giving 3 months notice

COMMENTS Outside the Landlord & Tenant Act 1954.

There is also a Licence in place to Cash for Clothes for their unit on the eastern plot of land on Laurence Road.

TENANT Next Best Clothing Limited

RENT 6 MTHS £3,600

LEASE TERM 22nd Sep 2020 to 21 Mar 2021

BREAK OPTION 7 days notice

COMMENTS Licence


land at laurence road & prince regent road · 2020. 10. 22. · land at laurence road & prince...

Documents