Land for sale

Teignmouth Parade, Perivale, Greenford UB6

JVs will be considered * Mixed use development site for sale with planning granted for a new build scheme comprising ground floor commercial with 9 x flats above - Sole agents.

Description

Consented development site for sale
The existing buildings are single storey with flat roofs. Two of the units were previously used as retail and the other a storage unit. To the rear is a courtyard area.

Plot size: 291 sqm

Location

Site benefits from close proximity to schools. It also benefits from close proximity to green spaces for instance to Ealing Central Sports Ground and Park as well as Ealing
Golf Club which are located within walking distance to site (6 minutes walk and 10 minutes walk respectively).
Neighbouring commercial area (Tesco Superstore within the Hoover building with access to it across the road.

Perivale underground station is located 8 minutes walk from the site.

Planning

Planning granted for .... Construction of a four storey building, comprising nine flats with a ground floor commercial unit (Use Class E), associated cycle/refuse storage and amenity space, (Following demolition of existing shops and commercial premises)

Contributions & Other Info

Cil: £31,000
S106: £23,000
S106: Car free (owners or occupants cannot apply for a parking permit)

Terms

Offers in excess of £1,650,000 invited -

Joint ventures will also be considered on the below basis
- Seller brings the property
- Partner to self fund and carry out the build
- No first charge to be placed on the asset
- New co set up owned by both parties
- Base level paid to seller on exit
- Profit after all costs split % / %

Data Room

Further information and plans can be found in our data room
Password: Perivale1