high street feltham lb hounslow tw13 4ag greater...

21 HIGH STREET, FELTHAM, LB HOUNSLOW TW13 4AG

HIGH STREETFELTHAMLB HOUNSLOWTW13 4AG

GREATER LONDON RESIDENTIAL DEVELOPMENT OPPORTUNITY

CGI of Proposed Development


OPPORTUNITY SUMMARYr Landmark development opportunity located in Feltham, West London.

r Prominent location on Feltham High Street, approximately 250 metres from Feltham National Rail station, providing direct services to London Waterloo in 29 minutes (Source: National Rail).

r Existing B1 Office building extending to approximately 2,483 sq m (26,727 sq ft) NIA on a site extending to 0.12 hectares (0.29 acres).

r Total of 77 residential units and separate retail unit proposed under PD consent and planning application, extending to a combined total NSA/NIA of 2,848 sq m (30,656 sq ft):

• Prior Approval secured for conversion of existing office building to provide 72 apartments, extending to 2,344 sq m (25,229 sq ft) NSA. • Separate application submitted for an additional 5th floor to provide 5 apartments, extending to 415 sq m (4,464 sq ft) NSA, and a 91 sq m (975 sq ft) GIA retail unit at ground floor.

r For sale freehold with vacant possession.

View of High Street Looking North


M3 Jct 1 - 3.3 km (2.1 miles)25

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M25 Jct 13 - 9.5 km (5.9 miles)

A244 Heathrow Airport - 4.3 km (2.7 miles)

1. ASDA SUPERMARKET

2. LIDL SUPERMARKET

3. FELTHAM TRAIN STATION

4. FELTHAM GREEN

5. THE CENTRE - Mixed use retail and residential scheme

6. TRAVELODGE HOTEL

7. ST. GILES HEATHROW HOTEL

8. HIGHFIELD ROAD RESIDENTIAL SCHEME

Train Times Source: National Rail


LOCATION + SITUATION

Feltham is situated in West London, approximately 21.7 km (13.5 miles) from the West End and 4.3 km (2.7 miles) from London Heathrow Airport.

Feltham falls within a wider network of well-connected town centres including Staines to the west, Sunbury-on-Thames to the south, Hounslow to the northeast and Twickenham and Richmond to the east. These towns combine to form an affluent Greater London commuter zone with numerous direct rail links to Central London.

The subject property is prominently situated on Feltham High Street, benefitting from close proximity to the town centre’s various amenities.

Feltham National Rail station is situated approximately 250 metres to the north of the property, providing direct services to London Waterloo in 29 minutes (source: National Rail). The nearest bus stop is located on High Street, immediately adjacent to the site, and is served by a number of bus routes to central London and local destinations.

‘The Centre’, a major mixed use retail and residential scheme in Feltham Town Centre, is located opposite the property and is home to numerous national retailers to include Argos, Next, New Look, Matalan, Dorothy Perkins, Starbucks and Costa Coffee.

TOWN CENTRE REGENERATION

Hounslow have recently set out their vision for Feltham in their town centre Masterplan, with the town earmarked for major urban regeneration. The plan aims to open up parks in the area, create a new public square outside Feltham train station, extend the High Street Plaza to feature shops on both sides, open up a restaurant/café on the green and introduce a network of dedicated cycle lanes.

More information on the proposals can be found on The London Borough of Hounslow’s website here.

COMMUNICATIONS

ROAD: M3 2.5 MILES M25 13.6 KM (8.4 MILES)

Feltham is located 3.3 km (2.1 miles) north of Junction 1 of the M3, which in turn provides access to Junction 12 of the M25, 13.6 km (8.4 miles) to the west. The M25 provides strong road links to the wider national motorway network, to include include the M4 (10 miles), the M40 and the M1.

RAIL: LONDON WATERLOO (29 MINS)

Feltham mainline train station provides fast and frequent direct services into London Waterloo in a fastest journey time of 29 minutes, with up to 8 services per hour. Further, Staines can be accessed directly in a fastest journey time of 6 minutes, which in turn provides access to wider destinations to include Bracknell (25 minutes), Reading (43 minutes) and Windsor & Eton Riverside (14 minutes). (Source: National Rail).

AIR: LONDON HEATHROW AIRPORT 4.3 KM (2.7 MILES)

Feltham benefits from exceptionally close proximity to Heathrow Airport, 4.3 km (2.7 miles) to the north. There is a frequent bus service (up to every 10 minutes) that provides a direct link from Feltham train station to London Heathrow.

https://www.hounslow.gov.uk/info/20061/regeneration/1103/feltham_masterplan


DESCRIPTION

21 High Street, constructed in 1979, comprises a steel framed office building arranged over ground and four upper floors and extends to a total of 2,483 sq m (26,727 sq ft) NIA. Internally, the property is in a varying state of condition, the reception, 3rd and 4th floors are refurbished, whilst the ground, 1st and 2nd floors are unrefurbished.

The site extends to approximately 0.12 hectares (0.29 acres).

The site is bound by Victoria Road to the north, beyond which is a large purpose built block of flats. To the west of the property, on the opposite side of Feltham High Street, is a parade of retail units, whilst to the south and east of the site is St Lawrence Primary School.

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CLIVE SALL ARCHITECTURE

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For Illustrative purposes only.

EXISTING ACCOMMODATION

The property has been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and the approximate Net Internal Areas are as follows:

Floor Area (sq ft) Area (sq m)

Reception 549 51

Ground 4,230 393

First 6,061 563

Second 5,643 524

Third 5,122 476

Fourth 5,122 476

Total 26,727 2,483

The property has also been measured in accordance with IPMS (International Property Measurement Standards). Further details available on request.

Existing building from Victoria Road.

NORTH


PLANNING & ENVIRONMENTAL

The property falls within the jurisdiction of the London Borough of Hounslow. The property is not listed but falls within Feltam Town Centre conservation area.

The property is situated within Flood Zone 1.

PROPOSED DEVELOPMENT

Prior approval was granted in May 2017 (Ref: PA/2017/1289) for change of use of the building to provide 72 residential units (2,344 sq m / 25,229 sq ft NSA), along with provision of 10 car parking spaces.

Planning permission was granted on 8th February 2017 (Ref: P/2016/4993) for alterations to the external façade and replacement of existing windows with double glazed windows.

A new application (Ref: PA/2017/1289) was submitted in May 2017 for an additional fifth floor providing 5 units (415 sq m / 4,464 sq ft NSA) together with a ground floor retail unit (90.6 sq m / 975.21 sq ft GIA). Interested parties are requested to make their offers conditional on this planning application being granted.

SUMMARY OF PROPOSED AREAS

FloorGIA NSA / NIA

Sq m Sq ft Sq m Sq ft

Ground Floor (PD) 553 5,948 524 5,644

First Floor (PD) 642 6,915 518 5,580

Second Floor (PD) 603 6,488 488 5,248

Third Floor (PD) 563 6,062 454 4,889

Fourth Floor (PD) 562 6,045 454 4,889

Total (PD Areas) 2,923 31,458 2,344 25,229

Fifth Floor (Proposed Rooftop Extension) 477 5,132 415 4,464

Total Resi Area (PD / Rooftop Extension) 3,399 36,590 2,759 29,693

Ground Floor (Commercial Unit) 91 975 90 963

Total Building (PD / Rooftop Extension & Commercial Unit) 4,039 43,471 2,848 30,656

Flat Type No. Average unit size (sq m) Average unit size (sq ft)

Studio (Permitted Development) 72 32.5 350

1 Bed (Extra Floor) 1 51.2 551

2 Bed (Extra Floor) 2 76.5 824

3 Bed (Extra Floor) 2 105.3 1,133

77 35.8 386

Typical floor plan (First floor).

A full suite of floorplans and schedule of areas are available on the online data room.


CGI showing proposed development including fifth floor extension and ground floor retail unit.


For further information please contact the joint sole agents:

1 Portland Place London W1B 1PN

Tel: 020 7631 1202 www.finnandcompany.co.uk

Savills, 33 Margaret Street, London, W1G 0JD

Tel: 020 7016 3873 www.savills.com

Misrepresentation Act: Finn & Company and Savills for themselves and for the vendors of these properties whose agent they are give notice that:1. These particulars do not constitute, nor constitute any part of the offer for sale or contract for sale. 2. All statements contained in these particulars as to these properties are made without responsibility on the part of Finn & Co and Savills or the vendors or lessors. 3. None of the statements contained in these particulars as to these properties are to be relied on as statements or representations of fact. 4. Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 5. Any plans or photographs or drawings shown in these particulars are to enable prospective purchasers or tenants to locate the properties. The plans are photographically reproduces and therefore not to scale except where expressly stated. The plans or photographs or drawings are not intended to depict the interest to be disposed of. Where location plans are based on Ordnance Survey maps this is with the consent of HM Stationery Office, Crown Copyright Reserved. 6. No warranty or undertaking is given in respect of the repair or condition of the properties or any items expressed to be included in the sale. 7. Any properties or drawings of the relevant properties or part thereof or the neighbouring areas may not depict the properties or the neighbouring areas at the date a prospective purchaser or tenant inspects the brochure. Prospective purchasers or tenants are strongly advised to inspect the properties and neighbouring areas. 8. Finn & Company and Savills have not measured the properties and have relied upon clients information. Therefore Finn & Co and Savills give no warranty as to their correctness or otherwise and the purchasers must rely on their own measurements.9. All terms quoted are exclusive of value added tax unless otherwise stated. 10. The vendors do not give and neither Finn & Co and Savills nor any person in their employment has any warranty whatsoever in relation to these properties. 11. These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. 12. These details were prepared as of MAY 2017.

Mathew Finn [email protected]

Charles Curtis [email protected]

Ali Rana [email protected]

Tom Kerins [email protected]

Darren Arnold [email protected] / 020 7409 9926

Rob Pollock [email protected] / 020 7409 8114

Harry Wentworth-Stanley [email protected] / 020 7016 3873

EPC

The property has the following EPC rating “F” (132). The certificate and supporting documents are available upon request.

VAT

The property is elected for VAT.

TENURE

Freehold with vacant possession.

VIEWING

Viewings are strictly by appointment. Please contact the joint sole agents to arrange a viewing.

PROPOSAL

The property is for sale by way of informal tender (unless sold prior).

Offers are to be made conditional on the grant of planning permission for the fifth floor extension and ground floor retail unit.

Further information, including a full legal pack can be found at the following website: www.savills.co.uk/highstreetfeltham.

CONTACT

high street feltham lb hounslow tw13 4ag greater...

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