Land Adjacent To The Woodman Public House, The Crescent, Wimbledon Park, SW19 8DR

Land Adjacent To The Woodman Public House, The Crescent, Wimbledon Park, SW19 8DRSouth London Residential Development Opportunity

CGI of Permitted Scheme

Land Adjacent To The Woodman Public House, The Crescent, Wimbledon Park, SW19 8DR

Summary

• Residential development opportunity in Wimbledon Park, South London.

• 0.47 acre (0.19 hectare) site adjacent to a Public House.

• Planning permission for the redevelopment of the site to provide 7 family houses, 4 private apartments and 7 shared ownership apartments.

• In the event that demand from a Registered Provider is not forthcoming for the 7 shared ownership units, the owner shall instead provide a contribution in-lieu of £466,022.

• The vendor will retain and deliver the refurbished public house as a Gastro Pub although the Freehold may be available by separate negotiation.

• Combined residential Net Saleable Area of approximately 1,576 sq m (16,961 sq ft).

• Approximately 300 metres (0.2 miles) east of Wimbledon Park Underground station (District line).

• For sale freehold with vacant possession.

Artistic Impression of Consented Scheme

Land Adjacent To The Woodman Public House, The Crescent, Wimbledon Park, SW19 8DR

LocationThe Property is located on the eastern side of The Crescent, to the south of its junction with Arthur Road within the London Borough of Merton.

A range of local amenities can be found along Arthur Road and Leopold Road in Wimbledon Park including a number of independent cafes, restaurants and shops , such as the renowned restaurants, Holy Smoke and NYEAT. A more extensive range of shops, restaurants and bars can be found in Wimbledon town centre which is located approximately 2.5 km (1.6 miles) to the south west.

The site also benefits from close proximity (550 metres) to the open spaces of Wimbledon Park boasting 67 acres of parkland, tennis courts, an athletics track and an outdoor activities centre. The All England Lawn Tennis and Croquet Club lies immediately to the west of Wimbledon Park.

The Property is well served by public transport. Wimbledon Park Underground station (District Line) is approximately 300m (0.2 miles) to the west, providing direct services to Paddington (26 minutes) and London Victoria (27 minutes) (source: tfl.gov.uk). Earlsfield station is approximately 1.4 km (0.9 miles) to the north east of the site and provides direct services to London Waterloo (13 minutes) via Clapham Junction and Vauxhall (source: nationalrail.co.uk).

There are also multiple bus routes operating along Durnsford Road providing services north to Wandsworth and Vauxhall and south to Wimbledon.

DescriptionThe Property comprises the land adjacent to the former Woodman Public House, extending to approximately 0.47 acres (0.19 hectares).

The site is bound by commercial and residential premises to the north and commercial premises to the south. The site is accessed from The Crescent to the west which will provide vehicular access to the completed development.

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Images below of cafes, restaurants and shops along Leopold Road and Arthur Road.

Land Adjacent To The Woodman Public House, The Crescent, Wimbledon Park, SW19 8DR

PlanningThe Property falls within the jurisdiction of the London Borough of Merton and is not located within a Conservation Area.

The site benefits from planning permission (Ref: 17/P4187) for the following development:

“Refurbishment of existing Public House including new garden area following demolition of single storey side and rear extensions. Creation of 18 new residential units, comprising the erection of two storey buildings with accommodation within the roof space fronting The Crescent (7 houses) and erection of a 3 storey block of flats fronting Durnsford Road (11 x 1 bedroom flats), and associated car parking, landscaping and alterations to the highway.”

Excluding the Public House, the proposed schedule of accommodation is set out below:

Unit Type Number of Units

NIA / NSA sq m

NIA / NSA sq ft

GIA Sq m GIA Sq ft

Private Houses 7 1,160 12,483

Private Flats 4 154 1,658

Shared Ownership Flats 7 262 2,820

Total 18 1,576 16,961 1,730 18,618

The 7 high quality family houses which front The Crescent are in keeping with the character of surrounding Edwardian properties and will significantly improve the street scene. Each house has an allocated off-street parking space which is accessed from The Crescent. The houses are traditional in design, materials and detailing, and have private gardens to the rear which will appeal to the family house market in Wimbledon.

Proposed site layout at ground floor level

Land Adjacent To The Woodman Public House, The Crescent, Wimbledon Park, SW19 8DR

Proposed schedule of accommodation continued

House Type* Beds Description NIA / NSA sq m

NIA / NSA sq ft

Outside Space Rear Amenity Space sq m

A - 4 Detached 188.9 2,033 Front/Rear Garden 163.3

B 1 4 Terraced 155.1 1,669 Front/Rear Garden 70.5

C 1 4 Terraced 155.1 1,669 Front/Rear Garden 68.7

D 1 4 Terraced 155.1 1,669 Front/Rear Garden 61.4

E 1 4 Terraced 155.1 1,669 Front/Rear Garden 55.2

F 3 4 Terraced 201.5 2,169 Front/Rear Garden 51.6

G 2 4 Terraced 148.9 1,603 Front/Rear Garden 53.2

Total 1,159.7 12,483

* Plans for each house type can be found on the dataroom.

The apartment block fronting Durnsford Road comprises 11 single-person units, each with private amenity space. The units are of high quality design, efficient in size and are likely appeal to both investors and domestic buyers.

In the event that demand from a Registered Provider is not forthcoming for the 7 shared ownership units, the owner shall instead provide a contribution in-lieu of £466,022.

Flat Tenure Beds Floor NIA / NSA sq m

NIA / NSA sq ft

Outside Space

Amenity Space sq m

1 Shared Ownership 1 Ground 37 398 Terrace 5

2 Shared Ownership 1 Ground 37 398 Terrace 5

3 Shared Ownership 1 Ground 40 431 Terrace 6.7

4 Private 1 First 37 398 Balcony 5

5 Shared Ownership 1 First 37 398 Balcony 5

6 Shared Ownership 1 First 37 398 Balcony 5

7 Private 1 First 40 431 Balcony 5

8 Shared Ownership 1 Second 37 398 Balcony 5

9 Shared Ownership 1 Second 37 398 Balcony 5

10 Private 1 Second 37 398 Balcony 5

11 Private 1 Second 40 431 Balcony 5

Total 416 4,478

The vendor is currently undertaking a sensitive renovation of the public house, modernising the internal layout to create a family friendly Gastro Pub. The interior will be refurbished with a focus on creating a southerly aspect towards the garden and the exterior will be much improved by the addition of a brick and railing boundary treatment fronting Durnsford Road. Works to clearly separate the public house from the residential development will be completed prior to completion, please refer to special conditions.

Extensive planting and landscaping have been incorporated into the design to enhance the existing local character and to improve the streetscene along both The Crescent and Durnsford Road.

The development will be subject to Mayoral CIL at a rate of £35 per square metre and Local CIL at £220 per square metre plus indexation.

TenureThe property is for sale freehold with vacant possession.

Artistic Impression of the adjacent Woodman Pub.

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Important Notice

Savills, their clients and any joint agents give notice that:

1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These 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. The text, photographs 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 Marketing: 020 7499 8644 | September 2018 CGI of proposed scheme: Site 2

Land Adjacent To The Woodman Public House, The Crescent, Wimbledon Park, SW19 8DRSouth London Residential Development Opportunity

Method of SaleThe property will be included in the forthcoming Savills Auction on the 26th September (Unless sold prior). Offers are sought for the freehold interest.

VATThe site is elected for VAT and therefore VAT will be payable upon the purchase price.

ViewingsViewings are strictly by appointment; please contact the sole selling agents to make an appointment.

Further InformationFurther information including technical and legal documentation is available at: www.savills.co.uk/woodman

Contact

Savills UK Ltd

Andrew Cox Andrew Cooper +44 (0) 20 7016 3851 +44 (0) 20 7016 3848 acox@savills.com acooper@savills.com

Eleanor Hannam+44 (0) 20 3320 8211ehannam@savills.com

NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100024244 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.