retail and leisure opportunity

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Page 1: RETAIL AND LEISURE OPPORTUNITY

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RETAIL AND LEISURE OPPORTUNIT Y

Computer generated image is indicative only

Page 2: RETAIL AND LEISURE OPPORTUNITY

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CONTENTS

INTRODUCTION ......................................................... 3 A VISION IN MOTION ................................................ 4 THE BIGGER PICTURE ................................................ 5 THE LOCATION........................................................... 8 THE OPPORTUNITY.................................................. 11 AN AWARD WINNING TEAM .................................. 12 THE SITE ..................................................................... 13 FLOORPLANS ............................................................ 14 KEY TERMS ................................................................ 17

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Motion marks the start of the regeneration of Waltham Forest. With six-state-of-the-art blocks containing 300 new homes and six commercial

units, Motion has one bright future.

This new landmark site offers a number of attractive commercial investment opportunities in the form of six sizeable, mixed use retail units with a total floor

space of 1593m2.

The vision for 97 Lea Bridge Road is one which separates itself from its existing industrial heritage. In contrast, the scheme is to enrich the area with a

new lease of life, establishing itself as a place to live, shop, dine and relax.

Welcome to the beginning of something special.

A FUTURE IN

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Motion is on the starting blocks of a bold new chapter for Lea Bridge Road and Waltham Forest. Rising above an up-and-coming area of East London, it has been created to offer a new blueprint for life.

As the borough moves forward, Motion will lead this regeneration with attainable modern apartments, green residents-only gardens and integrated retail and lifestyle amenity spaces.

The vision for 97 Lea Bridge Road is one which separates itself from its existing industrial heritage. In contrast, the scheme is to enrich the area with a new lease of life, establishing itself as a place to live, shop, dine and relax.

A VISION IN MOTION

Computer generated image is indicative only

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Historically, the area surrounding 97 Lea Bridge Road is known for its deep industrial roots that date back centuries. However, as industry within the area has started to decline, Waltham Forest Council have taken action to disengage from these industrial ties. Accordingly, their intension is to reinvent the Lea Bridge area as a thriving local economy and a desirable place to live.

The 2012 Olympic Games and their legacy have been paramount in the transformation of East London. Since then Waltham Forest Council and its partners have been developing plans to ensure that the neighbourhoods in and around the south of the borough capitalise upon the investment in the region. 97 Lea Bridge Road is located within the North Olympic Fringe Area Action Plan, which has been identified by the Council as an area for investment and growth. With the reopening of the adjacent Lea Bridge station and plans to renew Lea Bridge Road, the Council envisages that this site, as a landmark development, will be seen as a catalyst for further regeneration.

THE BIGGER PICTURE

Olympic Velodrome at Lea Valley

Newly renovated Lea Bridge Station (one minute walk)Copper Box Arena Olympic Park Stratford

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The land at 97 Lead Bridge Road benefits from both country and city living, being a short walk from one of Greater London’s largest and most scenic green spaces, the Lea Valley Regional Park. Stretching 26 kilometres along the River Lea, with spectacular grasslands and expansive nature reserves, the park is a massive attraction for walkers, joggers, cyclists and outdoors enthusiasts. Equally, sport fanatics can enjoy some of the best sport facilities London has to offer.

Lea Valley Park’s exceptional facilities include one of London’s most famous ice rinks, superb equestrian venues and Hackney Marshes’ rugby, football and cricket pitches are plentiful. In addition the neighbouring Olympic Parks facilities include the London Aquatics Centre, Copper Box Arena, Lee Valley Velopark and the Lee Valley Hockey and Tennis Centre.

THE BIGGER PICTURE

Millfields Park North

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As well as these attractions for the physically active populace, the area offers a number of retail and entertainment opportunities. The success of Nearby Westfield Stratford shopping centre has emphasised the high retail demand in the area with 339 reputable shops and restaurants, including John Lewis and Marks & Spencer, as well as a 17 screen cinema, a bowling alley and casino.

97 Lea Bridge Road will benefit from several strong transport links. The recent reopening of Lea Bridge Road train station sits adjacent to the commercial space at 97 Lea Bridge Road. Commuters can enjoy frequent and direct journeys to and from Stratford, a major travel hub with connections to London Underground Central and Jubilee lines, DLR and overground services.

In addition to rail travel, there are excellent road links that provide immediate access to the west and east through Lea Bridge Road. This road leads commuters to other major roads such as the A12, North Circular and M25.

Overall, the development of this exciting new mixed use build will provide a valuable boost to Waltham Forest Council’s on going plans to regenerate Lea Bridge Road and the local economy. The existing high demand for leisure and retail services in the area further accentuates the investment opportunity these commercial units offer. Interest is now being sought from potential purchasers and those who wish to lease the mixed use retail units at 97 Lea Bridge Road.

Westfield Stratford CityRuttle & Rowe mobile espresso bar

at Lea Bridge Station

Page 8: RETAIL AND LEISURE OPPORTUNITY

GREAT PL ACE TO LIVEOpportunity to deliver a range of new homes for all Londoners. Value the character of the existing place and use this to steer future change – ensuring a brilliant quality of life.

GATEWAY TO WALTHAM FORESTVia the Lea Valley Via Central Line Via Queen Elizabeth Olympic Park

VIBRANT SUSTAINABLE NEIGHBOURHOODSOpportunity to intergrate growth to strenghen existing centres and neighbourhoods with high quality new public spaces, exploring opportunities for enhancing existing cultural venues, evening economy uses and providing new performance space, good green and community infrastructure, schools and community facilities.

GREEN SPINEOpportunity to improve and enhance the Lea Valley Regional Park landscape (designated as Metropolitan Open Land), open up the accessibility of the Lea Valley with views across the landscape and provide regional sporting facilities.

CONNECTEDOpportunity to enhance connections to the Lea Valley and access to poublic transport, living up to area’s North East London position. Opportunity to extend the network of streets and pedestrian and cycle routes across the area and reduce the dependence upon private cars.

VITALBUSINESS AREAKeep, Seed, GrowOpportunity to diversify the employment base and cater for future needs, new directions and specialisms, eg supporting creative/digital business hubs.

THE LOCATION

8

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HackneyMarshes

WalthamstowMarshes

LeytonMarshes

RIVER LEA

DAGENHAM BROOK

LeytonJubilee Park

LEA VALLEYHOCKEY & TENNIS

CENTRE

Victoria Park

Well StreetCommon

SpringfieldPark

MillfieldsPark

Lee ValleyPark

HackneyDowns

RectoryRoad

A12

A12

A12

A112

A112

A112

A107

A1207

A107

A107

A107

A107

A106

A112

B112

B112

B113

A104

A104

B159

A1006

A104

ORIENT WAY

LEA BRIDGE RD

CASSLAND RD

WELL ST

VICTORIA

PARK RD

VICTORIA PARK RD

CHURCH RD

MA

RK H

OU

SE RD

OLIVER RD

FRANCIS RD

CHATSW

ORTH

RD

WARREN RD

NORTHWOLD RD

AMHURST RD

DALSTON LN

B113

A1207

A107

WELL ST

VICTORIA PARK RD

B113

A104

LEA BRIDGE RD

CHURCH RD

A104

A104

B159

A1006

MA

RK H

OU

SE RD

A112

A112

A112

QUEEN ELIZABETHOLYMPIC PARK

COPPER BOXARENA

LEA VALLEYICE CENTRE

HERE EAST

LONDONSTADIUM

Stratford City

LEYTON

NEW SPITALFIELDSMARKET

HACKNEYPICTURE HOUSE

LONDONFIELDS

LOWERCLAPTON

UPPERCLAPTON

DALSTON

SOUTHHACKNEY

HACKNEYWICK

EASTVILLAGE

HOMERTON

LeytonMarshes

OOK LEA BRIDGE

LEA VALLEYHOCKEY & TENNIS

CENTRE

A12

B112

QUEEN ELIZABETHELOLYMPIC PARKPIC

COPPER BOXARENA

HERE EAST

ratford CityStrat

HACKNEYWICK

EASTVILLAGE

A1006

MA

RK H

OU

SE RD

A112

MillfieldsPark

A107

A107

A107

CHATSW

ORTH

RD

D RD

LEA VALLEYVALLEYA VICE CENTRECENTICICCE C

LOWERCLAPTON

LEYTON

HACKNEY

CLAPTON

STRATFORD

TOTTENHAMHALE

WALTHAMSTOW

LEA BRIDGE

Leyton(Central)

LeytonMidland Road

eytonPark

OLIVER

FRANCIS RD

CHURCH RD

A104

A112

LEYTON

LEYTON LeytoneytonMidland RoadoadMMM

Walthamstow Central(Overground & Victoria)

Walthamstow Queens Road

St JamesStreet

Black HorseRoad

(Overground& Victoria)

Tottenham Hale (Victoria)

StratfordInternational

Stratford

StratfordDLR

Hackney Wick

HomertonHackneyDowns Hackney

Central

London Fields

Clapton

LeaBridge

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Motion offers a perfect fusion of spaces, homes of real distinction with retail opportunities at the heart

of the community

View South East towards the Olympic Park and Canary Wharf

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THE OPPORTUNIT Y

At its heart will be six new mixed use retail units, including a double storey leisure/gym centre. Once occupied, the commercial space will help to identify Lea Bridge as a hub for shopping, amusement and leisure.

The scheme includes:

• six new mixed use retail units

• excellent transport links

• various commercial unit sizes available

• 300 new homes above the commercial units

• a catalyst for investment for the surrounding area

• the beginning of a promising regeneration scheme

London Borough of Waltham Forest is bringing forward three other adjacent sites to continue the regeneration of the Lea Bridge station.

Computer generated image is indicative only Computer generated image is indicative only

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AN AWARD WINNING TEAM

Teresa BorsukPollard Thomas Edwards

Award-Winning Architects

Our inspiration from the local Art Deco

heritage blends the past with the very best

in modern design.

Hill

Hill is an award winning developer working throughout London and the south east. Hill has worked on a number of high quality regeneration projects involving residential, commercial and leisure development in London and elsewhere. The Scene in Walthamstow is an outstanding example of Hill’s expertise in identifying the potential of a stalled and derelict site and working with partners to transform it into a stunning mixed development, including a cinema, that has underpinned the revival of the town centre.

Hill’s architects at The Scene, and on many other challenging projects, was PTE.

PTE

PTE specialises in the creation of new neighbourhoods and the revitalisation of old ones, embracing residential development along with commercial, educational and health facilities that help to nurture sustainable communities.

The Scene brought Hill and PTE 12 prestigious awards, including Best Development at the 2015 WhatHouse Awards.

The Scene, Walthamstow

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THE SITE

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ARGALL WAY

LEA BRIDGE ROAD

BURWELL ROAD

LEISURE/GYM

12

3

4

5

Accommodation Schedule

Unit Sq M Sq Ft

Unit 1 135.9 1462.8

Unit 2 180.3 1940.7

Unit 3 180.1 1938.5

Unit 4 190.1 2046.2

Unit 5 235.8 2538.1

LEISURE/GYM SPACE

Floor Sq M Sq Ft

Ground Floor 670.9 7221.5

Mezzanine 91.3 982.7

Total 762.2 8204.3

Terrace 44.2 475.8

13

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UNIT 1, 2 & 3 FLOORPL ANS

345

GYM

12345

GYM

12

Step by tenants

345

GYM

12

Unit 1Floor Sq M Sq Ft

Ground Floor 135.9 1462.8

Unit 2Floor Sq M Sq Ft

Ground Floor 180.3 1940.7

Unit 3Floor Sq M Sq Ft

Ground Floor 180.1 1938.5

345 12

LEISURE/GYM

GIA

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UNIT 4 & 5 FLOORPL ANS

345

Stairs + Platform Lift by tenants

12

LEISURE/GYM

Steps + Rampby tenant

345

GYM

12

Unit 4Floor Sq M Sq Ft

Ground Floor 190.1 2046.2

Unit 5Floor Sq M Sq Ft

Ground Floor 235.8 2538.1

345

Stairs + Platform Lift by tenants

12

LEISURE/GYM

GIA

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LEISURE/GYM FLOORPL ANS

Void for futureplatform lift

Void to below

Void to below

Void to below

Void to below

Void for future stair

345

GYM

12

345

LEISURE/GYM

12

Leisure/GymFloor Sq M Sq Ft

Ground Floor 670.9 7221.5

Mezzanine 91.3 982.7

Total 762.2 8204.3

Terrace 44.2 475.8Mezzanine

Ground Floor

345

LEISURE/GYM

12

345

LEISURE/GYM

12

Terrace

GIA

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KEY TERMSLease termsNew leases are available for a term to be agreed.

RentOn application.

Service chargeTBC.

Business ratesLondon Borough of Waltham Forest To be assessed.

VATIs not applicable.

EPC bandAvailable on request.

Legal costsEach party to bear their own legal costs in this transaction.

ViewingStrictly by appointment with sole agents Strettons:

strettons.co.uk020 8520 9911

Computer generated image is indicative only

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Hill specialise in developing distinctive new homes across London and the South East.

We bring together award-winning contemporary design, sustainable materials and a sympathetic

approach to create stunning, individual new properties and communities. We invest significant time and effort

from the outset to ensure that all our properties achieve the perfect balance between innovation and practicality. As all construction work is carried out by ourselves, we are also able to guarantee the highest quality of finish

within our homes.

This brochure, and the description and measurements herein, do not form any part of a contract. Whilst every effort has been made to ensure accuracy, this cannot always be guaranteed. Site layouts, and specifications are taken from drawings which were correct at the time of print. All plans contained within this brochure are not to scale and room sizes are approximate and subject to change. Measurements

contained within this brochure were taken from plans in metric measurements. Imperial measurements are for guidance purposes only. The information and imagery contained in this brochure is for guidance purposes only and does not constitute a contract, part of contract or warranty. Images of the Motion properties are computer generated and the landscaping may have been enhanced. July 2018.

STRETTONS.CO.UK | 020 8520 9911

A UNIQUE COLL ABORATION

Founded in 1862 by the banker and philanthropist George Peabody, the Peabody Group provides homes

and services to more than 80,000 Londoners. We’re a housing association, a developer with a focus on

regeneration, and a provider of a range of community programmes.

Our enduring mission is to make London a city of opportunity for all by ensuring as many people as

possible have a good home, a real sense of purpose and a strong feeling of belonging.

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A unique collaboration between