BRICk THE WORKS RESIDENTIAL DEVELOPMENT OPPORTUNITY PETERSFIELD AVENUE, SLOUGH SL2 5DN A DEVELOPMENT BY

Transcription

1 HE BICk WOKS ESIDENIA DEVEOPEN OPPOUNIY PEESFIED, SOUGH S2 5DN A DEVEOPEN BY

2 he Brickworks, Petersfield Avenue, Slough S2 5DN esidential Development Opportunity 2 Computer generated image INVEEN SUAY Freehold residential development opportunity ocated in Slough wn centre less than 500m from Slough ailway station (Crossrail due in 1) Planning Permission for the demolition of existing buildings and redevelopment of 155 apartments providing,7 sqm (4,54 sqft) NSA of residential accommodation over four seven sreys Providing 2 affordable housing units (subject review mechanism) and 4 car parking spaces otal Site area approximately 0.53 hectares (1. acres) Offered with the benefit of vacant possession Offers are invited by noon on Wednesday th December

3 he Brickworks, Petersfield Avenue, Slough S2 5DN esidential Development Opportunity he Curve 3 Heart of Slough egeneration New Bus Station Slough Station (future Crossrail station) Boundaries for indicative purposes only. OCAION Slough lies within Berkshire and is an active centre for business and industry in the heart of the 4 hames Valley corridor. he wn of Windsor is located approximately 4.8 km (3 miles) south, while Junction 6 of the 4, located approximately 3.2 km (2 miles) the south, provides easy access ondon 35 km (22 miles), eading km ( miles) and aidenhead km ( miles). Slough station lies less than 500 metres (0.2 miles) from the entrance the site and provides direct trains eading (15 minutes), ondon Paddingn ( minutes) and Oxford (40 minutes), with connections providing further services the South West and idlands. Slough Bus Station lies south of the train station and provides bus services Heathrow, Uxbridge, aidenhead and High Wycombe. Amenities available on Slough High Street include the Observary Shopping Centre with retailers such as arks and Spencer and Debenhams. here are numerous other national retailers, restaurants and supermarkets as well as museums and public houses.

4 he Brickworks, Petersfield Avenue, Slough S2 5DN esidential Development Opportunity COSSAI & HE WEEN AI INK he site benefits from excellent transport links, being located within 500m of Slough ailway station which will benefit from the new Crossrail connections from 1. Crossrail is Europe s largest infrastructure project and is set provide a new high frequency, high capacity railway servicing 40 stations improving the east/west link for ondon and the South East. An estimated 0 million passengers are expected travel on Crossrail each year. he Crossrail route will run from eading in the west Shenfield and Abbey Wood in the East via a number of stations including Slough, Heathrow, Paddingn, Bond Street, iverpool Street, Canary Wharf and Stratford. ajor improvement works were carried out on Slough railway station prior the Olympic games including a new forecourt, footbridge and lifts each platform as well as a new ticket office and facilities. Further infrastructure development is now taking place incorporate the Elizabeth ine services, which will enable direct journeys in Central ondon stations including Bond Street ( minutes), iverpool Street (3 minutes) Canary Wharf (46 minutes) as well as excellent direct services Heathrow Airport ( minutes). In addition Crossrail the Western ail Access Heathrow (WAtH), a brand new direct rail link between the west of England and Heathrow Airport is expected begin in and scheduled for completion in 21. Despite being less than seven miles from Heathrow, Slough s residents currently have a journey time of 35 minutes by bus or a 45 minute journey by train ondon Heathrow, this will be reduced minutes by Crossrail in 1 and is anticipated reduce further just 6 minutes in 21 through the provision of the WAtH. BUNHA N Burnham Station ECIAN WAY ONG FUONG N En Wick Not scale. For indicative purposes only. COSSAI BUCKINGHA AVE BAH D CIPPENHA N 4 FANHA D EDINBUGH AVE Windsor En NOHEN D WINDSO D OKE POGES N SOUGH OKE D Slough Station Windsor & En iverside Station Windsor & En Central Station EON D WEXHA D WEINGON ONDON D 4 Datchet Station HO UXBIDGE D George Green ANGEY D AY S D 4 angley Station ANGEY PAK D ON D eading wyford aplow aidenhead Burnham SOUGH Heathrow Airport angley mins Iver erminal 4 Piccadilly West Drayn erminals 2 & 3 Piccadilly rains erminal 5 Hayes & H arlingn Southall Hanwell West Ealing Ealing Broadway Paddingn Bond Street Central Acn Bakerloo Central Central District ain ine Circle Jubilee Northern District Hammersmith & City mins 3 mins ottenham Court oad Farringdon Circle Hammersmith & City etropolitan rains Gatwick rains un iverpool Street Central Circle Hammersmith & City etropolitan Northern rains Southend rains Stansted Whitechapel District Hammersmith & City 46 mins Canary Wharf Jubilee D Stratford Central Jubilee D rains Southend Cusm House D Woolwich D Woolwich Arsenal aryland Forest Gate Wanstead Park anor Park Shenfield Brentwood Harold Wood Gidea Park omford Chadwell Heath Goodmayes Seven Kings Ilford Abbey Wood

5 he Brickworks, Petersfield Avenue, Slough S2 5DN esidential Development Opportunity 5 OCA DEVEOPEN, EGENEAION AND SUOUNDING AEA Boasting close proximity the capital and Heathrow Airport, it is clear why Slough has been identified for significant investment and is home such a large number of businesses. Contributing approximately 8billion the national economy, double the UK average, Slough is the third most productive wn in the UK. (Source: Slough Chamber of Commerce) he regeneration project known as he Heart of Slough (HoS) is a large scale urban development plan created capitalise on the wns strengths. he project focuses on the creation of a commercial quarter covering an area of approximately 3 hectares comprising a mixed use development. It is expected provide 1,600 new homes and 70,000 square metres of Grade A office space over the next six years, in addition retail, leisure and cultural space. he HoS project has already commenced with the new bus station which was completed in ay 11 and the new centre known as he Curve which consists of a library, arts and performance space, café, museum as well as a dedicated learning space and I facilities which opened at the beginning of September. his regeneration project has brought significant infrastructure investment the wn over the years and is now attracting both commercial and residential developers and invesrs. It is expected that approximately 1,800 permanent jobs will be created and 1,000 of these will be attributed the Brunel Place development which will provide 358,000 sqft of office space, the first phase of which is due be completed by 18. ocated between ondon and the hames Valley, Slough is surrounded by some of the most picturesque and affluent wns and villages of Berkshire, including Windsor, En, Ascot and Henley, all of which are only a couple of miles away and provide easy access country life. Windsor castle is accessible by car within minutes while oyal Ascot and Windsor acecourse are both accessible within minutes. here are also an array of surrounding parks and green open spaces as well as numerous golf courses including Ske Park golf and country club. ocation Windsor En Ascot Heathrow Airport Central ondon Drive ime 13 minutes minutes 26 minutes minutes 1h 2 minutes

6 he Brickworks, Petersfield Avenue, Slough S2 5DN esidential Development Opportunity DESCIPION PANNING 52 El Sub Sta PEESFIED he site lies the north of Slough wn centre, south of Petersfield Avenue and measures approximately 0.53 hectares (1. acres). he property currently comprises ion House, two modern office buildings in the eastern half of the site, and a builders depot the west. he property is bounded by residential development the north, west and south which comprise two srey houses and apartment blocks of 4-7 sreys. he site is bounded by ill Street industrial estate the east. ENUE he property is held Freehold. Detailed planning consent was granted on 27th September under application reference P/06348/011, for the demolition of the existing buildings and the erection of a part four, part seven srey building and part five, part seven srey building. he redevelopment comprises 155 residential units ( x studios, 57 x one bed, 88 x two bed and 1 three bed) spread across three blocks providing approximately,7 sqm (4,54 sqft) NSA. his is divided in 6 private units providing approximately 7,70sqm (83,852sqft) NSA and 2 (1%) affordable one and two bedroom dwellings, located in Block A providing approximately 1,27sqm (,742sqft) NSA. his affordable has been allocated as 0% social rent through the S6 agreement, subject a viability review mechanism. he planning consent provides 4 basement and ground floor car parking spaces, landscaping and private amenity space. A schedule of the proposed accommodation is provided below. Headingn Place Depot 1 I ion House Council Yard A Community Infrastructure evy has not yet been implemented within Slough Borough Council and we understand that Section 6 costs for the site tal 527,180 subject a viability review mechanism El Sub Sta ast Crown Copyright - licence no Based on Ordnance Survey. Not Scale - For Identification Purposes Only exingn Apartments El Sub Sta POPOSED SCHEDUE OF ACCOODAION Beds No of Private Units Number of Affordable Units Approximate Area (NSA) (Sq) (Sq Ft) Studio ,35 1 bed 48 2,74,0 2 bed 68 6,247 67,243 3 bed otal 6 2,7 4,54 We understand that the tal residential GIA of the development is,3 sqm (1,56 sqft) excluding basement and plant area which we understand comprise an additional 3,58 sqm (38,72 sqft). Full planning documentation including the Design and Access Statement, Decision Notice, Section 6 Agreement and legal information can be found within the information pack. Computer generated image

7 7 he Brickworks, Petersfield Avenue, Slough S2 5DN esidential Development Opportunity POPOSED FOOPANS PEESFIE D A.G.5 4 existing car parking spaces A.3.7 A.3.6 A.1.8 A.1.5 A.1. E SUB A A.G.2 obby A.G.6 A.G A.1.7 A.1.6 A.G D PEESFIE A.3.8 A.3.5 A.3. A.3.4 A.1.4 A.3.1 A.1.1 A.G.1 A.1.3 A.3.3 A.1.2 A.3.2 B.1. B.G.7 B.G.6 C.1.2 C.1.1 C.G.3 obby C.1.4 B.1.7 C.3.3 C.1.3 C.G.2 B.3. B.3.8 B.1.8 C.G.1 car parking spaces C.3.2 C.3.1 C.1.5 C.3.5 C.G. C.G.8 B.1.5 C.G.6 C.1.11 C.3.13 C.3.6 B.3.3 C.3. B.3.5 C.3.11 C.3. D 3 PEESFIE D A C.3.8 C.3. hird Floor 3 PEESFIE C.3.7 B.3.4 C.1. First and Second Floor C.1.8 C.1. B.3.2 B.3.6 D 3 C.1.7 PEESFIE I B.1.4 C.G.7 Ground Floor B.G.3 C.1. C.1.13 B.1.3 B.G.4 B.1.2 B.1.6 C.1.6 I C.G.5 obby B.G B.G.1 B.G.5 C.G.4 I B B.1.1 C.3.4 B.3.7 D PEESFIE SE SE A.4.1 B.5.3 B.6.3 B.4. B.4.11 B.6.4 B.6.5 B.5.5 B.4. B.4.8 B.5.4 C.4.3 C.4.2 C.4.1 C.4.4 B.4.7 C.5.1 B.4. C.5.2 C.6.1 C.6.2 C.5.3 C.4.5 C.6.3 B.6.1 B.5.1 C.5.6 C.5.8 Fifth Floor C.6.5 C.6.6 C.5. C.4. C.6.7 C.6.4 I C.5.7 Sixth Floor C.4.8 B.6.2 C.5.5 C.4. Fourth Floor B.4.4 C.4.11 C.5. C.5.4 I 3 B C.4.6 C.4.7 B.4.5 C.4.13 C.4. 3 B B.4.2 B.4.6 I B.4.1

8 he Brickworks, Petersfield Avenue, Slough S2 5DN esidential Development Opportunity 8 EGA he site is owned freehold by the vendor under registered title BK3530 and BK2664. he purchaser should consider the title information contained in the information pack and take advice from a legal professional. SEVICES Purchasers are advised make their own enquiries with the supply companies in respect of their specific requirements. VIEWINGS External site viewings can be undertaken unaccompanied. However, if you require full access please contact ichard How ( ) or Ed Keeling ( ) arrange an appointment. Neither the vendors nor their agents will be responsible for any damage or loss caused any potential purchasers, their agents or consultants whilst on site. FUHE INFOAION For further information please contact: Savills Allsop Ed Keeling ekeeling@savills.com +44 (0) ob Pollock rpollock@savills.com +44 (0) Nathalia Gorvin ngorvin@savills.com +44 (0) Anthony Dixon anthony.dixon@allsop.co.uk +44 (0) Andrew Boyd andrew.boyd@allsop.co.uk +44 (0) ichard How richard.how@allsop.co.uk +44 (0) OFFES Unconditional offers are sought via informal tender for the freehold by noon on Wednesday th December. he vendor reserves the right not accept the highest or any other offer. INFOAION PACK An electronic information pack is available upon request. VA he property is VA elected. OCA AUHOIY Slough Borough Council, andmark Place, High Street, Slough, S1 1J el: Important Notice Savills, their clients and any joint agents give notice that: 1. hey are not authorised make or give any representations or warranties in relation the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. hey assume no responsibility for any statement that may be made in these particulars. hese 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. he text, phographs 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 arketing: November