A unique residential development opportunity in the heart of St John s Hill, Battersea, SW11

Transcription

1 A unique residential development opportunity in the heart of St John s Hill,, SW11

2 A unique residential development opportunity in the heart of St John s Hill - Former nursing home within 10 minutes walk of Junction station - The site comprises circa 0.22 hectare (0.54 acre) - Opportunity for a new build development, subject to the necessary consents - Unconditional offers invited for the freehold interest Reach Imperial Wharf Junction

3 the site overview The site extends to approximately 0.22 hectares (0.54 acres) and currently accommodates a single storey, octagonal shaped brick-built nursing home with a sloped tiled roof arranged around a central courtyard. The site is situated between Hilltop Court (part of the former St John s Hospital site), the St John s Therapy Centre to the south, and low and mediumrise housing on both the west and eastern sides of the site. There are five designated car parking spaces accessed off Haydon Way. There is a small grassed area to the south east of the building, which separates the site from a small building used to house plant/machinery on the adjacent St John s Therapy Centre site. The front boundary along Haydon Way is bordered by a small hedge and there are some trees located within a small garden area to the rear of the building which are not protected. There are no statutorily or locally Listed Buildings on or near to the site and the site does not fall within any of Council s designated Conservation Areas, therefore the site is not considered to be a heritage asset. Retail Hilltop Court ourtyard Hazel Court Haydon Way Ro background The freehold interest is owned by the Department of Health (DoH). The former nursing home has been operated by a private company (Shaw Healthcare) for over 20 years. The home has been deemed surplus to requirements as it no longer meets modern standards and is not economically viable. Therefore, following consultation with local stakeholders including the Clinical Commissioning Group (CCG) it was agreed that the nursing home would cease operating and that vacant possession would be provided to the DoH prior to the end of The sale of this site will provide the DoH with funds for continuing investment into healthcare services. Haydon House Treatment Centre 2 John Morris House For illustrative purposes only.

4 Haydon Place, St John's Hill, London, SW11 1SW On behalf of the Department of Health 8 The Old Laundry The Courtyard 32 the site Retail 34 overview 36 The site extends to approximately 0.22 hectares (0.54 acres) and currently accommodates a single storey, octagonal shaped brick-built nursing home with a sloped tiled roof arranged around a central courtyard. Hilltop Court Ro The site is situated between Hilltop Court (part of the former St John s Hospital site), the St John s Therapy Centre to the south, and low and mediumrise housing on both the west and eastern sides of the site. Hazel Court There are five designated car parking spaces accessed off Haydon Way. There is a small grassed area to the south east of the building, which separates the site from a small building used to house plant/machinery on the adjacent St John s Therapy Centre site. The front boundary along Haydon Way is bordered by a small hedge and there are some trees located within a small garden area to the rear of the building which are not protected. There are no statutorily or locally Listed Buildings on or near to the site and the site does not fall within any of Council s designated Conservation Areas, therefore the site is not considered to be a heritage asset. 2 Retail Hilltop Court Haydon House John Morris House ourtyard Hazel Court Treatment Centre Haydon Way R Haydon Way background The freehold interest is owned by the Department of Health (DoH). The former nursing home has been operated by a private company (Shaw Healthcare) for over 20 years. The home has been deemed surplus to requirements as it no longer meets modern standards and is not economically viable. Therefore, following consultation with local stakeholders including the Clinical Commissioning Group (CCG) it was agreed that the nursing home would cease operating and that vacant possession would be provided to the DoH prior to the end of The sale of this site will provide the DoH with funds for continuing investment into healthcare services. Haydon House Treatment Centre John Morris House For illustrative For purposes illustrative only. purposes only. 0m 5m 10m 15m UKMap Copyright The GeoInformation Group 2015 Licence No. LANDMLON Plotted Scale - 1:500 For illustrative purposes only

5 overview the brighter borough transport location overview retail & leisure Haydon Place is situated in the heart of St John s Hill, which has a real village feel with a range of small independent boutique shops, cafes, bars and restaurants, but with all the convenience of being located just a short walk from Junction station. Haydon Place is exceptionally well located for London living. St John s Hill benefits from a fantastic array of quirky independent deli s and coffee shops including the Birdhouse, Urban Gourmet, Deli Boutique, Seed and Story Coffee. There are a range of great bars and restaurants including The Fish Club, Ben s Canteen, The Plough Bar & Kitchen and Three Six Six Cocktail Bar. Other amenities include a Sainsbury s Local, The Grove Spa, Bikram Yoga and the London Cycle Workshop. One of the highlights of the year is The Fabulous Feast the annual event includes a farmers market, street food and live music, which is a celebration of all things food and drink in. St John s Hill Festival is now in its 9th year is hosted by the Traders Association of St John s Hill the annual event includes a range of stalls selling handmade jewelry, fashion and homewares, to cheese and charcuterie. The annual festival is attended by over 4,000 people each year. arts & culture Junction and the rest of have a rich cultural heritage, with many historic points of interest. It is also home to some of London s most iconic and best known arts and music venues, including The Grand and Arts Centre. Haydon Place is also conveniently situated within easy walking distance of Junction and side Shopping Centre, where you will find a vast array of amenities including Waitrose, Whole Foods Market, Planet Organic, Debenhams, Cineworld and Virgin Active Gym. education has excellent schools, with 92% either good or outstanding. Whilst, residents are some of the most educated in the country with 54% educated to degree level. The independent Emanuel School is just a 10 minute walk away.

6 overview the brighter borough transport location the brighter borough open spaces The London Borough of is one of the fastest changing parts of the capital, nowhere is this more evident than around Power Station and Nine Elms which is undergoing a rapid transformation which has contributed in the Borough fast becoming one of the most desirable and fastest growing areas of the capital. also benefits from one of the lowest Council tax rates in the country and the schools, hospitals and public services are also rated among the best in London. is most popular with working-age people, such as graduates and young professionals who make up 76% of the population, which is above average for London. According to a Local Futures Place Profile prosperity scoring, is ranked 7 out of 408 districts on a prosperity score, indicating incomes amongst the resident population in the top 20% of districts nationally. benefits from a vast array of beautiful parks and open spaces, extending to over 1600 acres, which is more public green open space than any other inner London borough and is almost five times the size of Hyde. Haydon Place is just a short walk from the tranquil open spaces of Spencer and, with its 175 acres of open space, including sports pitches, children s playground and a lake. river thames Haydon Place is situated less than a 10 minute walk from the south bank of the, accessed through the landmark Reach development.

7 overview the brighter borough transport location transport Haydon Place offers exceptional accessibility into Central London and is conveniently situated between Junction and Town stations. Situated in Zone 2, Haydon Place offers a vast range of transport options, which means it has the highest PTAL rating of 6B. With over 2,500 trains passing through Junction daily, the transport links are some of the best in the capital. Frequent train services to London (6 minutes) and London Waterloo (8 minutes) are provided every few minutes. In addition, London Overground provides a range of services across the capital. Junction is also on the proposed Crossrail 2 route, which has the potential to transform rail services north and south of the river. Whilst, the Northern Line extension to has been approved by the Secretary of State for Transport and is due to open in The Council is lobbying for an extension of the Northern Line to Junction. click here to view all transport links click here to zoom in on road map Goldhawk Road Castelnau d s Bush Rd Shepher Hammersmith Talgarth Road Lower Richmond Road Upper Richmond Road Shepherd s Bush Fulham Palace Road Kensing Hill High St Holland Road ton High Street A4 Hammersmith Bridge sat nav sw11 1yf West Hill 220 West Cromw Lillie Road Fulham ell Road Fulh a m Road New King s R Bridge Road East Warwick Road Parsons Green Hurlinham Earls Court West Brompton oad Merton Rd Redcliffe Gardens Fulham Broadway Bridge Road Town A217 Garratt Lane Cromwell Road Imperial Wharf High Street East Hill Fulham Road Harbour Trinity Road York Road Embankment Bridge Road Hyde 205 A4 King s Road Albert Bridge Road Latchmere Road Juction Rise Sloane Street Road Bridge Road Sloane Square The A venue Road Nine Elms Lane Queenstown Road Piccadilly Green Power Station A24 Road The Mall Bridge Road Grosvenor Road Queenstown Road A202 Street Westminster Pimlico 205 Lambeth Wandswo rth Road Road t Embankment Alber Sou t h Lambeth Road Stockwell Road Kennington Road Road Waterloo Kennington Road Coldharbour La ne Effra Road A23 New Kent Rd

8 location transport Goldhawk Road Haydon Place offers exceptional accessibility into Central Hammersmith London and is conveniently situated between Earls Court Junction and Town stations. Situated in Zone 2, Haydon Place A4 offers a vast range of transport options, which means has the highest PTAL Hammersmith rating of 6B. Castelnau Shepher Junction is also on the proposed Crossrail 2 route, which has the potential to transform rail services Parsons north and south of the river. Whilst, the Northern Line Green extension to has been approved by the Secretary of State for Transport and is due to open in The Council is lobbying for an extension of the Northern Line to Junction. Bridge Lower Richmond Road click here to view train connections Upper Richmond Road Shepherd s Bush d s Bush Rd Talgarth Road Kensing Holland Road ton High Street click here to zoom in on road map click here to view all transport links West Hill West Cromw ell Road Warwick Road With over 2,500 trains passing through West Junction daily, the transport links are some of the Brompton best in the capital. Frequent train services to London (6 minutes) and London Waterloo (8 minutes) are provided every few minutes. In addition, London Overground provides a range of services across the capital. Fulham Palace Road Hill High St 220 Lillie Road Fulham Fulh a m Road New King s R Bridge Road East Hurlinham oad Merton Rd the opportunity the site location gallery market overview planning sales process data room contact Redcliffe Gardens Goldhawk Road Fulham Broadway Castelnau d s Bush Rd Shepher Hammersmith Bridge Road Town Talgarth Road Fulham Palace Road Lower Richmond Road Upper Richmond Road A217 Garratt Lane Cromwell Road Shepherd s Bush Kensing Imperial Wharf High Street Hill High St Holland Road ton High Street Hammersmith East Hill A4 Bridge West Hill West Cromw Lillie Road Fulham ell Road Fulh a m Road New King s R Hurlinham Bridge Road East Fulham Road 220 Harbour Trinity Road Warwick Road Parsons Green Earls Court West Brompton York Road oad Merton Rd overview the brighter borough transport Bridge Road Redcliffe Gardens Fulham Broadway Bridge Road Town A217 Garratt Lane Cromwell Road Imperial Wharf High Street East Hill Hyde Embankment 205 A4 King s Road Albert Bridge Road Fulham Road Harbour Trinity Road Latchmere Road Juction York Road Rise Sloane Street Embankment Bridge Road Hyde 205 A4 King s Road Albert Bridge Road Latchmere Road Juction Rise Bridge Road Sloane Street Road Sloane Square Road Sloane Square Bridge Road The A venue The A venue Road Nine Elms Lane Queenstown Road Piccadilly Power Station A24 Road The Mall Bridge Road Grosvenor Road Queenstown Road A202 Street Westminster Pimlico 205 Lambeth Wandswo rth Road Road Road Bridge Road t Embankment Road Nine Elms Lane Queenstown Road Piccadilly Green Power Green Station A24 The Mall Grosvenor Road Queenstown Road A202 Alber Sou t h Lambeth Road Stockwell Road Kennington Road Road Street Westminster Pimlico 205 Waterloo Kennington Road Wandswo rth Road Coldharbour La ne Effra Road Lambeth A23 New Kent Rd Road t Embankment Alber Sou t h Lambeth Road Stockwell Road Kennington Road Road Waterloo Kennington Road Coldharbour La ne Effra Road A23 New Kent Rd

9 the opportunity the site location gallery market overview planning sales process data room contact overview the brighter borough transport location transport 10 mins Haydon Place offers exceptional accessibility into Central London and is conveniently situated between Junction and Town stations. Situated in Zone 2, Haydon Place offers a vast range of transport options, which means it has the highest PTAL rating of 6B. train Source: TfL LONDON VICTORIA LONDON WATERLOO CLAPHAM JUNCTION LONDON BRIDGE GATWICK AIRPORT With over 2,500 trains passing through Junction daily, the transport links are some of the best in the capital. 6 mins Frequent train 8 mins services to 22 London mins (6 minutes) and London Waterloo (8 minutes) 25 mins 24 mins are provided every few minutes. In addition, London Shepherd s Overground provides a range of services across the Bush capital. Goldhawk Road Junction is also on the proposed Crossrail 2 route, which has the potential to transform rail services Hammersmith north and south of the river. Whilst, the Northern Line bus road extension to has been approved by the Secretary of A State number for Transport of bus routes and is due to open Haydon in Place is situated The Council pass the is lobbying site, with for a an bus extension just of the moments from the Northern Line stop immediately Junction. south, which provides an of the site on St John s easy connection to the Hill. The bus routes (37, M25. Access to the A214 39, 87, 156, 170, 337, 639, Trinity Road is located click here to view train connections 670 and N87) serve approximately 250m to Wimbledon, Richmond, the west of the site and is,, accessed via St John s Hill, click here to zoom in on road map Junction, providing a north/south Fulham,, link over click here and Westminster. to view all transport links Bridge towards, Fulham and Harbour. Castelnau d s Bush Rd Shepher Talgarth Road Fulham Palace Road Lower Richmond Road Upper Richmond Road LONDON LIVERPOOL STREET Kensing Hill High St Holland Road ton High Street A4 Hammersmith Bridge West Hill West Cromw Lillie Road ell Road Fulh a m Road New King s R Bridge Road Earls Court Warwick Road oad Merton Rd Redcliffe Gardens Bridge Road Garratt Lane Cromwell Road High Street East Hill Fulham Road Trinity Road York Road a journey time Town of just 25 minutes. A217 East 220 CLAPHAM JUNCTION fly All of London s major West airports Brompton including Heathrow, London City and Fulham Fulham Gatwick are Broadway within easy reach of Parsons Haydon Place. Harbour Green Imperial Whilst there are Wharf regular direct train services from Hurlinham Junction to Gatwick Airport, which has 3 mins 20 mins Embankment Bridge Road Hyde 205 A4 King s Road Albert Bridge Road Latchmere Road Juction Rise Sloane Street Road Sloane Square Bridge Road 10 mins LONDON VICTORIA The A venue Road Nine Elms Lane Queenstown Road Piccadilly Green A24 Road The Mall Bridge Road Grosvenor Road Queenstown Road A202 WANDSWORTH TOWN Street Westminster LONDON WATERLOO boat Pimlico Thames riverboats connect 205 Riverside Quarter Power Station Pier to, Harbour and Blackfriars. 15 mins 43 mins 32 mins Lambeth Wandswo rth Road Road t Embankment Alber Sou t h Lambeth Road Stockwell Road Kennington Road Road Waterloo Kennington Road Coldharbour La ne Effra Road GATWICK AIRPORT A23 New Kent Rd LONDON LIVERPOOL STREET walk or cycle There are several Santander Cycle Hire docking stations within easy reach.

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11 market overview St John s Hill, is an affluent residential area in south west London, which is particularly popular with families and young professionals. According to Land Registry House Price Index (June 2015), average house prices across the London Borough of have increased by 5.6% over the past year, reaching an average of 583,826. Whilst, average house prices across the whole of London have increased by 5.3% over the last year and now stand at 513, % 20% 10% 0% -10% Annual house price growth in London There are a number of new residential developments currently underway including The Sanctuary, SW11 which comprises four unique luxury apartments and one contemporary new build house set within a restored 19th century church. Prices start from 1,650, % Q Q Q Q Q Q Q Q Q Q Q Peabody s 120 million regeneration of St John s Hill estate in Junction is currently underdevelopment. Prices range from 530,000 for a one bedroom apartment to in excess of 1,200,000 for a four bedroom maisonette. 8% 6% Annual % Change in House Prices (Q2 2015) 4% 2% 0% Graphs showing the annual fluctuation in London house prices and annual change in house prices by region. Source: Nationwide House Price Index London Outer Met Outer SE E Anglia E Mids S West W Mids Yorks & H NWest North

12 planning overview pre-application submission The existing single-storey nursing home building (previously known as Hazel Court) on the site was constructed under planning consent reference: 92/C/0045 which was granted on 17th March 1993 for inter alia new single-storey day centre and residential space for the elderly and mentally infirm. The established lawful use of the site is C2 Residential Institutions and thus planning permission is required for an alternative use. Evidence would be required to demonstrate that there is no current or future demonstrable need for the services currently provided at the centre, in order to comply with Development Management Policy DMC1 Protection of existing community facilities and Policy DMH9 Hostels, staff and shared accommodation (including student housing), specialist and supported housing. A feasibility study has been prepared by DLA Architects, which considered an alternative residential use of the site to establish the potential massing and density that could be accommodated. This study formed part of a pre-application submission, which was submitted to the Council planning department in June St John s Therapy Centre (NHS) The project team held a detailed preapplication meeting on 28th August 2015 with the Council s development management officers (representatives from Planning, Highways & Conservation/Design were present) to discuss outline options for the redevelopment of the existing Hazel Court nursing home. For further information please refer to the planning appraisal report, feasibility study and a formal response from the planning department, which are provided in the Data Room. Existing properties on St John s Hill The existing building fails to optimise the usage of the site and has no architectural or design merit, which means that demolition of the existing building and development of a new residential building would make more efficient use of the land in such a highly accessible location. to Junction Station ST JOHN S HILL John Morris House community centre Proposed development Haydon House St John s Therapy Centre car park HAYDON WAY Hilltop Court The Courtyard Alexander Studios For illustrative purposes only. proposed sketch massing

13 ZEL COURT, ST JOHN S HILL, BATTERSEA SKETC planning overview pre-application submission The existing single-storey nursing St home John s Therapy building Centre (NHS) (previously known as Hazel Court) on the site was constructed under planning consent reference: 92/C/0045 which was granted on 17th March 1993 for inter alia new single-storey day centre and residential space for the elderly and mentally infirm. The established lawful use of the site is C2 Residential Institutions and thus planning permission is required for an alternative use. Evidence would be required to demonstrate that there is no current or future demonstrable need for the services currently provided at the centre, in order to comply with Development Management Policy DMC1 Protection of existing community facilities and Policy DMH9 Hostels, staff and shared accommodation (including student housing), specialist and supported housing. to Junction Station ST JOHN S HILL A feasibility study has been prepared by DLA Architects, which considered an alternative residential use of the site to establish the potential massing and density that could be accommodated. This study formed part of a pre-application submission, which was submitted to the Council planning department in June St John s Therapy Centre (NHS) The project team held a detailed preapplication meeting on 28th August 2015 with the Council s development management officers (representatives from Planning, Highways & Conservation/Design were present) to discuss outline options for the redevelopment of the existing Hazel Court nursing home. For further information please refer to the planning appraisal report, feasibility study and Existing a properties formal on response from the St John s Hill planning department, which are provided in the Data Room. John Morris House community centre Proposed development Existing properties on St John s Hill The existing building fails to optimise the usage of the site and has no architectural or design merit, which means St John s that Therapy demolition of the existing Centre car park building and development of a new residential building would make more efficient use of the land in such a highly accessible location. HAYDON WAY to Junction Station ST JOHN S HILL Haydon House Hilltop Court John Morris House community centre Proposed development Haydon House St John s Therapy Centre car park HAYDON WAY The Courtyard Alexander Studios Hilltop Court proposed sketch massing The Courtyard Alexander Studios For illustrative purposes only. proposed sketch massing [click to enlarge] el Court DLA Feasibility Study

14 sales process basis of offer tenure method of sale viewing days Offers are invited to acquire the freehold interest with vacant possession on an unconditional basis only. The DoH will be looking to agree an overage structure on the site. A bid submission template can be found in the data room. The Department of Health (DoH) owns the freehold interest and is registered with the Land Registry. Title documents are provided in the Data Room. The freehold interest is offered for sale by informal tender. Viewing days will be arranged for interested parties, strictly by appointment only through the sole agent. Bids are to be received by 12 noon on Wednesday 21st October 2015, submitted by post and must include a copy of the Bid Submission Template in excel format: Ref. HPSJH15 FAO Alex Soskin Lambert Smith Hampton UK House 180 Oxford Street London W1D 1NN The Department of Health is not bound to accept the highest or any offer and reserve the right to enter into negotiations with any party.

15 contact Viewings strictly by appointment only through the sole agent. Alex Soskin DD: Andrew Fraser DD: the consultancy team Commercial Agents & Development Consultants Lambert Smith Hampton Residential Agency Hamptons International Planning Lambert Smith Hampton Architect DLA Architecture Lambert Smith Hampton Disclaimer: Lambert Smith Hampton Group Limited and its subsidiaries if any ( LSH ) for themselves and for the seller or landlord of the property whose agents they are give notice that: (i) These particulars are given and any statement about the property is made without responsibility on the part of LSH or the seller or landlord and do not constitute the whole or any part of an o ffer or contract. (ii) Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property. (iii) No employee of LSH has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all. (iv) Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position. (v) Except in respect of death or personal injury caused by the negligence of LSH or its employees or agents, LSH will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by LSH. (vi) In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists impressions or architects drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and LSH shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters. September 2015.