254 kilburn high road, london nw6 2bs · high road is suburban in nature with a mix of residential...

254 Kilburn High Road, London NW6 2BSNorth West London Residential Led Development Opportunity

CGI of Proposed Scheme

254 Kilburn High Road, London NW6 2BS

Summary• Residential led development opportunity in Kilburn, North West London,

overlooking Kilburn Grange Park

• A 0.21 hectare (0.52 acre) site currently occupied by part demolished industrial buildings

• Resolution to grant planning permission for demolition of existing buildings and construction of 60 residential apartments (45 private, 15 affordable) extending to a total of approximately 4,640 sq m (49,943 sq ft) NSA and 958 sq m (10,302 sq ft) GIA of commercial space

• 300 metres (0.2 miles) from Brondesbury London Overground and 500 metres (0.3 miles) from Kilburn London Underground Stations

• For sale freehold with vacant possession

LOCATION & DESCRIPTION254 Kilburn High Road is a roughly rectangular shaped site of approximately 0.21 hectare (0.52 acre) situated off Kilburn High Road (A5) within the London Borough of Camden. Kilburn is bordered by West Hampstead to the east, with Queens Park, Maida Vale and St. John’s Wood to the south. Primrose Hill and The Regent’s Park are approximately 2.1km (1.4 miles) to the south east.

Kilburn High Road is immediately accessible from the site and provides a range of amenities with convenience and boutique retail options along with numerous cafés, bars and restaurants. The renowned pubs and restaurants of West End Lane are just 600m to the north east. The area surrounding Kilburn High Road is suburban in nature with a mix of residential architectural styles. The site benefits from immediate access to Kilburn Grange Park, which provides 8 acres of open space with tennis courts and a multi-use games area.

The site comprises 2 warehouses and a row of buildings up to 4 storeys previously used as a marble workshop (Class B1a, B1c and B8). The warehouses have been part demolished and the other buildings on site are in a poor state of repair.

The site benefits from a quiet situation and green outlook, with Kilburn Grange Park to the immediate north east. The site is bounded at the north by Kilburn Grange Park Headhouse and to the south by 248 Kilburn High Road. The south western boundary is formed by the rear of properties fronting Kilburn High Road, which are predominately in retail use at ground floor with residential uppers. Access to the site is from Kilburn High Road.

The site has excellent access to transport links and a PTAL Rating of 6a. Brondesbury London Overground Station is located approximately 300m north of the site providing services to Hampstead Heath (6 minutes) and Willesden Junction (7 minutes) (source: tfl.gov.uk). Kilburn London Underground Station is located 500m north of the site, which provides Jubilee Line services to Baker Street (9 minutes), Bond Street (11 minutes) and Canary Wharf (27 minutes) (source: tfl.gov.uk). A number of bus services operate outside the entrance to the site, including the 16 towards Victoria, the 32 towards Edgware and 316 to White City.

Kilburn Grange Park


TOWN PLANNINGThe property falls under the jurisdiction of the London Borough of Camden and is not in a Conservation Area. There are no statutorily or locally listed buildings on the site. The Grade II Listed Black Lion Public House lies to the north east of the site.

A resolution to grant planning permission (Ref: 2015/2775/P) has been passed for:

“Redevelopment of the site (following demolition of existing buildings) to provide a mixed use development, comprising the erection of six storey building (with set back top floor) to provide commercial space (Classes B1 and B8) and 60 dwellings plus cycle parking, 2x disabled car parking bays, refuse/recycling facilities and access together with landscaping including outdoor amenity space.”

SECTION 106 AND CILThe Section 106 Agreement linked to the permission is currently being finalised. The current draft contains obligations requiring payment of the following financial contributions:

Contribution AmountAffordable Housing Contribution £773,800

Environmental Improvement Contribution £80,000

Highways Contribution £5,000Public Open Space Contribution £89,303

Travel Monitoring Contribution £3,001Total £951,104

The London Borough of Camden adopted their Community Infrastructure Levy in April 2015, which is set at £250 per sq m for residential development and £25 per sq m for commercial uses where the site is located. Mayoral CIL in the Borough is currently set at £50 per sq m. CIL rates are subject to indexation.

CGI of proposed scheme

ROMAN ROAD

WATLING STREET

42.2m

TCBs

TCBs

Waterloo Passage

P

P

Games Court

2

273

Warehouse

251

to 25

5

262El Sub Sta

196

Buckley C

ourt

256

179

259

237

PH

191

152

(PH)

147

The

Black Lion

1 to 6

1

3

268

172

185

7 to 12

252

166

278

165

2

271

272

Centre

The Tricycle

Health

254

275 t

o 279

141

264

The National

244

238

240

242

231

130

Shelter

159

TCBs

TCBs

Letter Box

GRANGEWAY

Kilburn Grange

Tennis Courts

Kilburn Grange Park

178

175

234

236

1 to 23

Club

246

0m 10m 20m 30m

254 Kilburn High Road, London, NW6 2BS

Ordnance Survey © Crown Copyright 2016. All rights reserved. Licence number 100022432. Plotted Scale - 1:1250

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.

The Black Lion, Kilburn High Road


PROPOSED DEVELOPMENTThe proposals comprise a mixed use scheme of 60 generously sized residential apartments and 3 B1/B8 commercial units. The residential and commercial space would be arranged over a part-5, part-6 storey building, with the 6th storey element designed in an irregular form, reminiscent of the local warehouses and small factories in the area.

The scheme has been designed to take advantage of the outlook over Kilburn Grange Park. All residential units will have private outdoor space in the form of a balcony or terrace. The commercial units will provide flexible B1/B8 space and have access to an outdoor amenity space.

A summary of the proposed residential accommodation and commercial space is set out below:

1 Bed 2 Bed 3 BedPrivate Sale 10 20 15

Shared Ownership 4 3 -Affordable Rent - 4 4

Residential NSASq M Sq Ft

Private Sale 3,474 37,398Shared Ownership 453 4,873

Affordable Rent 713 7,672Total 4,640 49,943

Commercial GIASq M Sq Ft

Unit 1 (B1 / B8) 479 5,153Unit 2 (B1 / B8) 306 3,289Unit 3 (B1 / B8) 173 1,860

Total 958 10,302Scheme GIA

Sq M Sq FtTotal inc plant and circ. 6,755 72,712

TENURE & OVERAGEThere is a restriction on the freehold title relating to a revenue overage made with the previous owner. The agreement provides for payment of 10% of the private residential revenue achieved over a threshold of £750sqft NIA (payable within 5 working days of the final residential unit’s legal completion). The revenue overage deed is available on the online dataroom.



Tricycle Theatre, Kilburn High Road

View of site from park

The Alice House, West End Lane

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 | May 2016

254 Kilburn High Road, London NW6 2BSNorth West London Residential Led Development Opportunity

METHOD OF SALEThe property will be sold by way of informal tender (unless sold prior).

VATThe site is elected for VAT.

VIEWINGSFor access on to the site please contact the selling agents to make an appointment.

FURTHER INFORMATIONFurther information, including a full legal pack, can be found on the following website:

www.savills.com/254kilburnhighroad

CONTACTSDarren Arnold Sean Cooper Mohan Sidhu 020 7409 9926 020 7409 9948 020 7409 8077 [email protected] [email protected] [email protected]


254 kilburn high road, london nw6 2bs · high road is suburban in nature with a mix of residential...

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