Indicative Visualisation Uxbridge Road, Hanwell, London W7 3TB Mixed-Use Development Opportunity For Sale

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1 Indicative Visualisation Mixed-Use Development Opportunity For Sale

2 HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS SUMMARY Former car showroom and associated land occupying a site extending to approximately 0.4 acres Planning permission for a 6-storey new build scheme to provide a ground floor retail unit of 5,705ft 2 GIA and 43 residential units (36 apartments and 7 houses) totalling 30,688ft 2 NSA 28 residential units for private sale with 15 apartments designated for affordable housing (11 shared ownership and 4 DMS units) Located in Hanwell s commercial centre approximately 0.4 miles from Hanwell Station, which will be operating Crossrail / Elizabeth Line services from December 2019 Offers invited in excess of 7,500,000 for the freehold interest

3 DESCRIPTION & LOCATION HOME SUMMARY DEVELOPMENT TERMS DESCRIPTION The existing property comprises a former car showroom and associated areas of hardstanding occupying an L-shaped site extending to approximately 0.4 acres. The property is currently vacant. The site has frontages to Uxbridge Road to the north, Westminster Road to the west and George Street to the east, with access currently taken from both Uxbridge Road and Westminster Road. The surrounding area comprises a mix of commercial and residential uses, with shops with residential upper parts bounding the site to the north, west and east. There is a church hall and a terrace of houses to the immediate south of the property. LOCATION The property occupies a prominent position on Uxbridge Road within the affluent West London suburb of Hanwell. The Local Authority is the London Borough of Ealing. The site is situated in Hanwell s commercial centre and as such numerous shops, restaurants and amenities are available nearby. Further commercial offerings can be found in the town centres of West Ealing (0.4 miles) and Ealing (1.3 miles). Hanwell Station is located approximately 0.4 miles to the north of the property, currently providing National Rail services to Bond Street in 32 minutes. Crossrail / Elizabeth Line services will operate from Hanwell Station from December 2019.

4 HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS PLANNING & DEVELOPMENT POTENTIAL Planning permission was granted on 11th September 2017 (ref: FUL), for the demolition of the existing car showroom and redevelopment of the site with a 6-storey building (with a basement) to provide of 43 residential units and a single retail unit extending to 5,705ft 2 GIA. The proposed scheme comprises 36 apartments (26 x 1 bedroom & 10 x 2 bedroom units) and 7 x 3 bedroom houses, with a combined NSA of 30,688ft 2. The commercial unit benefits from A1 (Retail) Use Class and has frontage to Uxbridge Road. The planning consent is subject to a Section 106 Agreement which obligates for 11 apartments to be provided as shared ownership and 4 apartments to be provided for Discount Market Sale (DMS), along with financial contributions totalling 188,624. A CIL liability of circa 116, is applicable. A minor-material amendment (Section 73) has subsequently been approved allowing a reduction of the basement space to 4,025ft 2 GIA in order to lower construction costs. Indicative Visualisation Unit Floor Description GIA ft 2 GIA m 2 Tenure A Ground A1 Retail Unit 5, N/A Unit Floor Description GIA ft 2 GIA m 2 Tenure 1 First One Bedroom Two Person Apartment SO 2 First Two Bedroom Four Person Apartment SO 3 First One Bedroom Two Person Apartment SO 4 First One Bedroom Two Person Apartment SO 5 First One Bedroom Two Person Apartment SO 6 First Two Bedroom Four Person Apartment SO 7 First One Bedroom Two Person Apartment SO 8 First One Bedroom Two Person Apartment SO 9 Second One Bedroom Two Person Apartment DMS 10 Second Two Bedroom Four Person Apartment SO 11 Second One Bedroom Two Person Apartment DMS 12 Second One Bedroom Two Person Apartment DMS 13 Second One Bedroom Two Person Apartment Private 14 Second Two Bedroom Four Person Apartment DMS 15 Second One Bedroom Two Person Apartment Private 16 Second One Bedroom Two Person Apartment Private 17 Third One Bedroom Two Person Apartment Private 18 Third Two Bedroom Four Person Apartment SO 19 Third One Bedroom Two Person Apartment Private 20 Third One Bedroom Two Person Apartment Private 21 Third One Bedroom Two Person Apartment Private 22 Third Two Bedroom Four Person Apartment SO 23 Third One Bedroom Two Person Apartment Private 24 Third One Bedroom Two Person Apartment Private 25 Fourth One Bedroom Two Person Apartment Private 26 Fourth Two Bedroom Four Person Apartment Private 27 Fourth One Bedroom Two Person Apartment Private 28 Fourth One Bedroom Two Person Apartment Private 29 Fourth Two Bedroom Four Person Apartment Private 30 Fourth One Bedroom Two Person Apartment Private 31 Fifth One Bedroom Two Person Apartment Private 32 Fifth Two Bedroom Four Person Apartment Private 33 Fifth One Bedroom Two Person Apartment Private 34 Fifth One Bedroom Two Person Apartment Private 35 Fifth Two Bedroom Four Person Apartment Private 36 Fifth One Bedroom Two Person Apartment Private 1 Ground, First & Second Three Bedroom Five Person House 1, Private 2 Ground, First & Second Three Bedroom Five Person House 1, Private 3 Ground, First & Second Three Bedroom Five Person House 1, Private 4 Ground, First & Second Three Bedroom Five Person House 1, Private 5 Ground, First & Second Three Bedroom Five Person House 1, Private 6 Ground, First & Second Three Bedroom Five Person House 1, Private 7 Ground, First & Second Three Bedroom Five Person House 1, Private Total 30,688 2,851 Grand Total 36,393 3,381

5 HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS TENURE The property is to be sold freehold with vacant possession on completion. VAT The property is elected for VAT and will be charged on the sale. TERMS Offers are invited in excess of 7,500,000. ADDITIONAL INFORMATION Further information including planning and legal documents are available within our dataroom using the access code Uxbridge. CONTACT To discuss any aspect of this property or the disposal process, please contact the sole selling agents: Keir Goldstein Joe Goldsmith Kingsbury 1st Floor, 81 Alie Street, London E1 8NH Kingsbury on their own behalf and on behalf of the Owner / Landlord of this property whose agents, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: