HEPSCOTT ROADbulkloader.prd.pl.artirix.com.s3.amazonaws.com/cf... · St. Pancras Selfridges 30 St. Mary Axe Cathedral Kingsland Ro London Fields a d City Ro ad e nning ton Park Road

HEPSCOTT ROAD Hackney Wick, London E9 5HB

A significant residential led development opportunity in the heart of Hackney Wick

CGI of consented scheme

2

EXECUTIVE SUMMARY• An exciting opportunity to purchase a

significant residential-led development opportunity in Hackney Wick, East London

• A 0.55 hectares (1.35 acres) site occupied by a single storey warehouse building with adjoining three-storey ancillary office building

• Planning permission for redevelopment for a residential led scheme comprising:

– 145 residential apartments (95 private sale, 27 shared ownership, 13 London Affordable Rent and 10 London Living Rent)

– Total residential NSA of 9,805 sq m (105,541 sq ft)

– 2,080 sq m (22,389 sq ft) commercial space (B1/B2/B8)

• 150 metres south of Hackney Wick London Overground station

• Hackney Wick is witnessing major regeneration as part of the legacy of the 2012 London Olympics. Investment in the overground station and redevelopment of many plots around the site for residential and commercial schemes is creating a new and vibrant neighbourhood

• For sale freehold with vacant possession

Hepscott Road Hackney Wick, London E9 5HB

Site boundary line for indicative purposes only. Photo taken May 2019.

Hackney Wick Overground Station

3Hepscott Road Hackney Wick, London E9 5HB

LOCATIONHackney Wick is a rapidly evolving area of East London, which has witnessed significant regeneration following the London 2012 Olympics. The area is characterised by Victorian industrial buildings, many now in use by small firms in the art, design and tech sectors working in cooperative workspaces and a variety of bars, cafés and restaurants. Many of the redundant buildings have been replaced with residential-led developments. There is now a growing permanent residential community attracted by the vibrant local nightlife, proximity to Westfield Stratford City and the areas enviable position between two of London’s best parks.

Queen Elizabeth Olympic Park, which is 200 metres to the east, is Europe’s largest new urban park in 150 years and home to the venues built for the games and now open to the public. With Victoria Park 500 metres to the west, Hackney Wick enjoys fantastic access to some of London’s best green spaces, sport and leisure activities and music festivals.

4

Footbridge to Victoria Park

Queen Elizabeth Olympic Park

Stone Studios

Fish Island Village

Cornerstone Restaurant

Savills Hackney Wick Office

The Bagel Factory

River Lee Navigation




5

Site boundary line for indicative purposes only. Photo taken January 2020

London Staduim


Westfield Stratford City

Stratford International Station

London Aquatics CentreLee Valley Velopark



6

CONNECTIVITYThe site benefits from excellent transport links offering easy access into Central London.

• 150 metres south of Hackney Wick London Overground station, which is currently undergoing a £25 million upgrade.

• Hackney Wick station is a stop on the East London branch of the London Overground Line. Stratford Station is one stop to the east for connections to the London Underground (Central and Jubilee lines), the DLR and national and international rail services.

• Hackney Wick station offers services to Hackney Central station in 5 minutes and Highbury and Islington station in 11 minutes, from where passengers can interchange with the Victoria London Underground line and further London Overground services (Source:TFL).

• 600 metres (0.4 miles) east of the A12 with easy access to the national motorway network via the M11 and M25.

• London City Airport is approximately 6 kilometres (4 miles) to the south east and London Stansted Airport is approximately 40 kilometres (25 miles) to the north.

1min

5mins 11mins 20mins

15mins 17mins 19mins 35mins

2mins 4mins

4mins

10mins 12mins

21mins 39mins

24mins

Walk

Cycle

Stations

Car

Hackney WickStation

Hackney Central

Highbury & Islington

Bank/Canary Wharf

LondonCity Airport

M25 LondonStansted Airport

M11


WestfieldStratford City

Victoria Park

StratfordInternational

Here East

Canary Wharf/The City

The West End

Oxford Circus

A12

Crossrail

East Cross Route

London Eye

Tate Modern

The Shard

Canary WharfO2 Arena

VictoriaPark


King's CrossSt. Pancras

Selfridges

30 St. Mary Axe

St Paul’sCathedral

London Fields

Kin

gsl

and

Ro

ad

City Road

Kenn

ingt

on P

ark

Road

Old Kent Road

Whitechapel Road

Bond Street

Waterloo

Stratford

Liverpool Street Station

Leyton

Holborn

Regent’sPark

St. Jame’s Park

River Thames

ShoreditchHigh Street

WhitechapelEuston Road

Holloway Road

Vauxhall Bridge Road

Commercial Road

Tower

Brid

ge R

oad

Greenwich Park

LeytonstoneHigh Road

HackneyDowns

West Ham

Mile End

HackneyWick

Homerton

HackneyCentral

Hampstead Heath

A102

A12Oxford Street

A12

HackneyDowns

London Bridge

Dalston

Hoxton

Haggerston

Highbury & Islington

Crossrail

CrossrailBrick Lane


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THE SITE The site extends to 0.55 hectares (1.35 acres) and is occupied by a single storey warehouse building (Use Class B8) with an adjoining three-storey ancillary office building. Both buildings are currently vacant and extend to a combined total of 1,979 sq m (21,302 sq ft) GIA.

The surrounding buildings are mixture of new build residential and commercial properties and older industrial buildings, many of which have planning permission for redevelopment.

Site boundary line for indicative purposes only. Photo taken January 2020

Existing warehouse building from north west corner of siteOffice building from eastern end of site



88

London Stadium


Westfield Stratford City (800 metres)

Victoria Park

City of LondonCanary Wharf

Stratford Station (1km)

Site boundary line for indicative purposes only. Photo taken May 2019



99

PLANNING The site is located within the London Borough of Tower Hamlets, and the Local Planning Authority is the London Legacy Development Corporation (LLDC). Planning permission (Ref: 17/00222/FUL) was granted on 25th October 2019 for:

“Demolition of existing structures and the erection of four blocks of six-storeys in height comprising 145 residential units (2 x studio units; 45 x one-bedroom units; 88 x two-bedroom units and 10 x three-bedroom units) and 2,213 sq.m of commercial floorspace, together with associated parking, access and landscape arrangements”.

All apartments will enjoy generous private amenity space with a courtyard located at first floor podium level that will provide a high quality landscaped communal area. Apartments have been designed with layouts that create modern flats with a high quality living space. The commercial units are flexible spaces that would suit a range of occupiers and which will benefit from footfall along the pedestrian route that will bisect the site from a new bridge to the south leading to the south entrance of Hackney Wick station.

A non-material application (ref: 19/00561/NMA) has been submitted to remove a grampian condition from the permission.

SECTION 106 The planning permission is subject to a Section 106 Agreement. This requires the provision of affordable housing as part of the scheme detailed in the following pages. It requires that 1,583 sq m of the commercial space be provided as Affordable Workspace, details of which are in the Section 106 Agreement available in the dataroom. There is a Traffic Management Plan Contribution of £20,000, a Carbon Offset Payment of £184,068 and other monitoring payments that may become payable.

CIL The planning committee report includes a combined Mayoral and Local CIL liability estimate of £1,081,584.56. This does not include any relief for affordable housing in the scheme, is an estimate only and interested parties should undertake their own calculation.

CGI of consented scheme


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PROPOSED ACCOMMODATION SCHEDULE TENURE TOTAL UNITS STUDIO 1B2P 2B3P 2B4P 3B5P TOTAL NSA SQ M TOTAL NSA SQ FT AVERAGE UNIT

NSA SQ MAVERAGE UNIT

NSA SQ FT

Private 95 2 24 28 41 - 6,391 68,808 67 724

Shared Ownership 27 - 17 4 3 3 1,666 17,931 62 664

London Affordable Rent 13 - - 2 7 4 1,042 11,215 80 863

London Living Rent 10 - 4 - 3 3 706 7,599 71 760

Total 145 2 45 34 54 10 9,805 105,553 68 728

Block A

TENURE UNITS NSA SQ M NSA SQ FT

Private 40 2,915 31,377

Block B


Private 50 3,208 34,543

Block C


Private 5 268 2,885

Shared Ownership 27 1,666 17,931

London Affordable Rent 2 152 1,636

London Living Rent 6 391 4,208

Total 40 2,477 26,660

Block D


London Affordable Rent 11 890 9,579

London Living Rent 4 315 3,391

Total 15 1,205 12,970

GIA

RESIDENTIAL SQ M SQ FT

Basement Level (Blocks ABC)* 317 3,412

Ground Floor (Blocks ABC)* 1,814 19,526

Block A (1st and above) 3,445 37,082

Block B (1st and above) 4,170 44,886

Block C (1st and above) 3,065 32,992

ABC Sub-total 12,811 137,898

Block D (Ground and above) 1,641 17,664

Residential Total 14,452 155,561

* Collective basement and ground floor shared areas for Buildings A, B and C

GIA NIA

COMMERCIAL BLOCK SQ M SQ FT SQ M SQ FT

Unit 01 ABC - - 587 6,318

Unit 02 ABC - - 441 4,747

Unit 03 ABC - - 769 8,278

Unit 05 ABC - - 78 840

ABC Sub-total ABC 1,995 21,473 1,875 20,183

Unit 04 D 218 2,348 205 2,207

Commercial Total 2,213 23,821 2,080 22,389

GIA

SQ M SQ FT

Scheme Total 16,665 179,382


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RISERS

FLUE

BOILERROOM

+0.47

BUILDING AABOVE

BUILDING CABOVE

BUILDING DABOVE

BUILDING BABOVE

PLA

NT

REP

LAC

E.

HA

TCH

AB

V.

TANKROOM

VENT

VENT

RAINWATERATTENUATION

TANKS

0 2 4 6 8 10m

Scale 1:200Project:

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Checked By:

Revision:

Job No.

Title:

Scale:

Date:

Drawing No:

Victoria House, Southampton RowBloomsbury, London WC1B 4EA

Tel +44 (0)20 7269 9400Fax +44 (0)02 7269 9401

Rose Wharf, East StreetLeeds LS9 8EE

Tel +44 (0)113 224 5000Fax +44 (0)113 224 5001

[email protected]

chapmantolcher

TSVC BUILDINGROTHBURY ROAD, FISH ISLAND

PROPOSED BASEMENT FLOOR PLAN

29024

(20)_099 P04

1:200 @ A1, 1:400 @ A3

APRIL 2017

LDH

RGF

Location Plan Rev. By Date Ch.Contractor must verify all dimensions on site before commencing any work or shop drawings. If this drawing exceeds the quantities taken in any way the Architects are to be informed before the work is initiated. Only figured dimensions to be taken from this drawing. Do not scale off this drawing. Drawings based on Ordnance Survey and / or existing record drawings - designand drawing content subject to Site Survey, Structural Survey, Site Investigations, Planning and Statutory Requirements and Approvals. Authorised reproduction from Ordnance Survey Map with permission of the Controller of Her Majesty’s Stationery Office. Crown Copyright reserved. CJCT Copyright.Des.

PROPOSED BASEMENT FLOOR PLAN

The internal layouts within residential apartments and ancillary areas of buildings may be subject todesign development.

The precise location of walls, internal doors, columns, risers and the detailed layout of bathroom andkitchen areas may be the subject of non-material changes and may vary from the internal layouts setout in these plans.

These minor alterations should not affect the position and arrangements of external doors andwindows nor should they affect the relative relationship between habitable rooms and windows.

All materials shown or highlighted are indicative only and may be subject to changes made duringdetailed design development.

PLA

NN

ING

P04 RGF TNTPLANNING SUBMISSION 28.04.17

Basement Floor Plan (Not to scale)

CONSENTED FLOORPLANS


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+6.2

+4.500

+5.13

+4.95

COMMERCIAL UNIT 02441 SQM

+4.6

RESI. REFUSE

EXISTING

SUB STN

TO BE

RELOCATED

SR

CY

CLE

STO

RE (30)

CAR PARK16 SPACES

+5.67

+5.70

+5.10

+6.24

+5.8

+5.21

+5.7

+5.65

+4.92

+4.70


+4.96

RESIDENTIALENTRANCEBUILDING A

+5.67

RESIDENTIALENTRANCEBUILDING C

+6.2

ELECTRIC

ITY

SUBSTATION

+5.7


+5.67

PD CYCLES

(22)

LIGHT WELL

PD CYCLE STORE (170)

RESIDENTIALENTRANCE

+5.67REFUSESTORE+5.12


+5.85

REFUSE

RESIDENTIALENTRANCEBUILDING B

+5.67

LIGHT WELL

BUILDING C

+5.12

+5.85

+5.67

+4.45

BUILDING A

+6.0

ELECTRIC

AL

SWITC

H RO

OM

REFUSE

CAR PARKEXTRACT FANS

RISERS

CLEANER

CLEANER

RISERS

CL.

+5.56

+4.6

+6.2

CL.

+4.45

FLUE

VENT

GASMETERROOM

W.C

EXISTING BOUNDARY WALL (DASHED) TO BE REMOVED WHEN McGRATH SITE COMES FORWARD

BUILDING D

DAVEY WAYRAMP1:23

+6.2

+5.67

PL.LIFT

+5.65

+4.8

CO

MM

ERCIAL

REFUSE

ST.SCREENINGROOM

VENT

+5.67

+5.16

+6.640

LIFESAFETYSWITCHROOM

COMMSROOM

BU

LK

WA

STE

STO

RE P

LAN

T

REP

LAC

E.

HA

TCH

+5.18

RAMP1:21

VEHICULAR TURNINGHEAD

COMM

CYCLES

COMMERCIAL UNIT 0578 SQM+6.00

SERVICEVEHICLEPARKING

SO CYCLES

(22)

ROTHBURYROAD

WHITE POSTLANE

VACANTLEA TAVERN

SITE

HEPSCOTTROAD

TREGOROAD

WHITE POSTLANE

HEPSCOTT

COMM.CYCLESTORE

COMM.

CYCLES

COMM.CYCLESTORE

COMM.

CYCLES

SERVICE BAY

+5.67BUILDING D CAR PARK ACCESS

MCGRATHROAD

RES

IDEN

TS A

MEN

ITY

SP

AC

E +5.67

+5.67

+5.67

0 2 4 6 8 10m

Scale 1:200Project:

Drawn By:

Checked By:

Revision:

Job No.

Title:

Scale:

Date:

Drawing No:


Tel +44 (0)20 7269 9400Fax +44 (0)02 7269 9401


Tel +44 (0)113 224 5000Fax +44 (0)113 224 5001

[email protected]

chapmantolcher


PROPOSED GROUND FLOOR PLAN

29024

(20)_100 P05

1:200 @ A1, 1:400 @ A3

APRIL 2017

LDH

RGF


PROPOSED GROUND FLOOR PLAN





N.B. The surrounding context shown withinthis drawing includes the existing, consentedand proposed buildings around the site.

PLA

NN

ING

P04 RGF TNTPLANNING SUBMISSION 28.04.17P05 RGF TNTCYCLE STORE DOORS UPDATED 11.12.17

Ground Floor Plan (Not to scale)



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0 2 4 6 8 10m

Scale 1:200Project:

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Checked By:

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Tel +44 (0)20 7269 9400Fax +44 (0)02 7269 9401


Tel +44 (0)113 224 5000Fax +44 (0)113 224 5001

[email protected]

chapmantolcher


PROPOSED 1ST FLOOR PLAN

29024

(20)_101 P06

1:200 @ A1, 1:400 @ A3

APRIL 2017

LDH

RGF


PROPOSED 1ST FLOOR PLAN





PLA

NN

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P04 RGF TNTPLANNING SUBMISSION 28.04.17P05 RGF TNTPLANNING SUBSTITUTION 07.11.18P06 RGF TNTPLANNING SUBSTITUTION 12.12.18

LIGHT WELL

LIGHT WELL

BUILDING D

BUILDING C

BUILDING A

RISERS

FLUE

BU

ILDIN

G B

BU

ILDIN

G B

A103

A104

A105

A106

A107

A108

B101

B102

B103

C101

C102

C103

C104

C105

C106

C107

C108

D101

D103A101A102

EXTERN

AL W

ALK

WA

Y

PLA

NTER

PLA

NTER

RESIDENTSAMENITY

COURTYARD

B104

B105

B106

B107

B109

B108

B110

D102

First Floor Plan (Not to scale)



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0 2 4 6 8 10m

Scale 1:200Project:

Drawn By:

Checked By:

Revision:

Job No.

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Scale:

Date:

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Tel +44 (0)20 7269 9400Fax +44 (0)02 7269 9401


Tel +44 (0)113 224 5000Fax +44 (0)113 224 5001

[email protected]

chapmantolcher


PROPOSED 2ND FLOOR PLAN

29024

(20)_102 P06

1:200 @ A1, 1:400 @ A3

APRIL 2017

LDH

RGF


PROPOSED 2ND FLOOR PLAN





N.B. Window and balcony positions shownare for the 2nd floor only and vary on levels3-5. Please refer to proposed elevationdrawings for alternative positions.

PLA

NN

ING

P04 RGF TNTPLANNING SUBMISSION 28.04.17P05 RGF TNTPLANNING SUBSTITUTION 07.11.18P06 RGF TNTPLANNING SUBSTITUTION 12.12.18

BU

ILDIN

G B

BUILDING D

BUILDING C

BUILDING A

EXTERNAL WALKWAY

EXTERN

AL W

ALK

WA

Y

RISERS

FLUE

RISERS

BU

ILDIN

G B

VOID

VOID

VOID

A201A202

A203

A204

A205

A206

A207

B201

B202

B203

B204

B205

B209

B206

B208

B207

C201

C202

C203

C204

C205

C206

C207

C208

D201

D202

D203

A208

VOID

VOID

B210

VOID

Second Floor Plan (Not to scale)



1515

0 2 4 6 8 10m

Scale 1:200Project:

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Checked By:

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Scale:

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Tel +44 (0)20 7269 9400Fax +44 (0)02 7269 9401


Tel +44 (0)113 224 5000Fax +44 (0)113 224 5001

[email protected]

chapmantolcher


PROPOSED 3RD - 5TH FLOOR PLAN

29024

(20)_103 P01

1:200 @ A1, 1:400 @ A3

APRIL 2017

LDH

RGF


PROPOSED 3RD - 5TH FLOOR PLAN





N.B. Window and balcony positions shownare for the 2nd floor only and vary on levels3-5. Please refer to proposed elevationdrawings for alternative positions.

PLA

NN

ING

P01 RGF TNTPLANNING SUBSTITUTION 07.11.18

±

BU

ILDIN

G B

BUILDING D

BUILDING C

BUILDING A

EXTERNAL WALKWAY

EXTERN

AL W

ALK

WA

Y

RISERS

FLUE

RISERS

BU

ILDIN

G B

VOID

VOID

VOID

A201A202

A203

A204

A205

A206

A207

B201

B202

B203

B204

B205

B209

B206

B208

B207

C201

C202

C203

C204

C205

C206

C207

C208

D201

D202

D203

A208

VOID

VOID

B210

VOID

Third - Fifth Floor Plan (Not to scale)



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0 2 4 6 8 10m

Scale 1:200Project:

Drawn By:

Checked By:

Revision:

Job No.

Title:

Scale:

Date:

Drawing No:


Tel +44 (0)20 7269 9400Fax +44 (0)02 7269 9401


Tel +44 (0)113 224 5000Fax +44 (0)113 224 5001

[email protected]

chapmantolcher


PROPOSED 6TH FLOOR PLAN

29024

(20)_106 P01

1:200 @ A1, 1:400 @ A3

APRIL 2017

LDH

RGF


PROPOSED 6TH FLOOR PLAN





N.B. The surrounding context shown withinthis drawing includes the existing, consentedand proposed buildings around the site.

PLA

NN

ING

P01 RGF TNTPLANNING SUBSTITUTION 31.10.18

FLUE

BUILDING ABIODIVERSE

ROOF

BUILDING CBIODIVERSE

ROOF

BUILDING BBIODIVERSE

ROOF

LIFTOVERRUN

LIFTOVERRUN

SMOKE EXTRACT

LIFTOVERRUN

LIFTOVERRUN

SMO

KE EXTR

ACT

SM

OK

E EXTRA

CT

SMOKE EXTRACT

SMOKE EXTRACT

SM

OK

E EXTRA

CT

SM

OK

E EXTRA

CT

SM

OK

E EXTRA

CT

BUILDING D

BUILDING DROOF GARDEN

Sixth Floor Plan (Not to scale)



On the instructions of Telereal Trillium

IMPORTANT NOTICE

Maps are reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd, and published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

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 | January 2020

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

VAT The site is elected for VAT.

PROPERTY VIEWINGS The site can be inspected from the public highway. If you require access to inspect the existing buildings please contact the sole selling agents to make an appointment.

FURTHER INFORMATION A dedicated project data room has been set up and interested parties are able to register for login details at:

www.savills.com/hepscottroad

CONTACTFor further information please contact:

Sean [email protected] 020 7409 9948

Darren [email protected] 020 7409 9926

Hugh [email protected] 020 7075 2860

Property Name Address, Location 17



http://www.savills.com/hepscottroad

HEPSCOTT ROADbulkloader.prd.pl.artirix.com.s3.amazonaws.com/cf... · St. Pancras Selfridges 30 St. Mary Axe Cathedral Kingsland Ro London Fields a d City Ro ad e nning ton Park Road

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