FOR SALE

Uxbridge Road, Hanwell W7 3TB

Offers in excess of £7,500,000

Description

The existing property comprises a former car showroom and associated areas of hardstanding occupying an L-shaped site extending to approximately 0.4 acres. The property is currently vacant.

The site has frontages to Uxbridge Road to the north, Westminster Road to the west and George Street to the east, with access currently taken from both Uxbridge Road and Westminster Road.

The surrounding area comprises a mix of commercial and residential uses, with shops with residential upper parts bounding the site to the north, west and east. There is a church hall and a terrace of houses to the immediate south of the property.

Location

The property occupies a prominent position on Uxbridge Road within the affluent West London suburb of Hanwell. The Local Authority is the London Borough of Ealing.

The site is situated in Hanwell’s commercial centre and as such numerous shops, restaurants and amenities are available nearby. Further commercial offerings can be found in the town centres of West Ealing (0.4 miles) and Ealing (1.3 miles).

Hanwell Station is located approximately 0.4 miles to the north of the property, currently providing National Rail services to Bond Street in 32 minutes. Crossrail / Elizabeth Line services will operate from Hanwell Station from December 2019.

Planning & Development Potential

Planning permission was granted on 11th September 2017 (ref: 164632FUL), for the demolition of the existing car showroom and redevelopment of the site with a 6-storey building (with a basement) to provide of 43 residential units and a single retail unit extending to 5,705 sq.ft. GIA.

The proposed scheme comprises 36 apartments (26 x 1 bedroom & 10 x 2 bedroom units) and 7 x 3 bedroom houses, with a combined NSA of 30,688 sq.ft.

The commercial unit benefits from A1 (Retail) Use Class and has frontage to Uxbridge Road.

The planning consent is subject to a Section 106 Agreement which obligates for 11 apartments to be provided as shared ownership and 4 apartments to be provided for Discount Market Sale
(DMS), along with financial contributions totalling £188,624. A CIL liability of circa £116,049.96 is applicable.

A minor-material amendment (Section 73) has subsequently been approved allowing a reduction of the basement space to 4,025 sq.ft. GIA in order to lower construction costs.

Tenure

The property is to be sold freehold with vacant possession on completion.

VAT

The property is elected for VAT and will be charged on the sale.

Terms

Offers are invited in excess of £7,500,000.

Additional Information

Further information including planning and legal documents are available within our dataroom using the access code ‘Uxbridge’.


Disclaimer - Kingsbury on its own behalf and on behalf of the Owner / Landlord of this property whose agent Kingsbury is, 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.


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  • Former car showroom and associated land occupying a site extending to approximately 0.4 acres
  • Planning permission for a 6-storey new build scheme to provide a ground floor retail unit of 5,705 sq.ft. GIA and 43 residential units (36 apartments and 7 houses) totalling 30,688 sq.ft. NSA
  • 28 residential units for private sale with 15 apartments designated for affordable housing (11 shared ownership and 4 DMS units)
  • Located in Hanwell’s commercial centre approximately 0.4 miles from Hanwell Station, which will be operating Crossrail / Elizabeth Line services from December 2019
  • Offers invited in excess of £7,500,000 for the freehold interest

To discuss this opportunity further, please contact Keir Goldstein or Joe Goldsmith on 020 7183 2529

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