RESIDENTIAL DEVELOPMENT OPPORTUNITY Garages adjacent to 16 John Penn Street, London, SE13 7QT

Residential development opportunity in the Royal Borough of Greenwich.

CGI of permitted scheme produced by 31/44 Architects

2Garages adjacent to 16 John Penn Street, London, SE13 7QT

EXECUTIVE SUMMARY• Residential development opportunity in the Royal Borough

of Greenwich.

• 0.28 acre (0.11 hectare) site comprising 34 single storey garages with an area of hardstanding.

• Planning permission for the redevelopment of the site to provide four family houses with a combined Net Saleable Area of approximately 575 sq m (6,189 sq ft).

• Approximately 550 metres (0.3 miles) south east of Deptford Bridge DLR station.

• For sale Freehold with vacant possession.

LOCATIONThe site is located on the south side of John Penn Street, within the Royal Borough of Greenwich. The immediate surrounding area is mixed use, comprising residential houses and apartment buildings, along with a retail park to the north east.

Local convenience stores are located approximately 400 metres north west of the site, including a Tesco Express and Co-op supermarket situated in close proximity to Deptford Bridge station. A more extensive retail and leisure offering can be found on Greenwich High Road and Church Street, offering a large range of cafes, restaurants and Greenwich Picturehouse. The site also benefits from close proximity to Greenwich Park which boasts 183 acres of parkland, The Royal Observatory and the National Maritime Museum.

The Property is well served by public transport as indicated by its PTAL rating of 3/4. Deptford Bridge DLR station is approximately 550 metres (0.3 miles) to the north west, providing direct services to Canary Wharf (11 minutes) and Bank (21 minutes) (source: TFL). Greenwich station is located 900 metres (0.6 miles) to the north and is an interchange between National Rail and DLR services. There are approximately 4 services per hour to London Cannon Street (14 minutes) and 2 services per hour to St Pancras International (26 minutes) (source: National Rail). In addition, the site is also well served by multiple bus routes operating along A2 (Blackheath Hill) and A2211 (Greenwich S St), providing services to Greenwich, Lewisham and London Bridge.

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.

CGI of permitted scheme produced by 31/44 Architects

CGI of permitted scheme produced by 31/44 ArchitectsCGI of permitted scheme produced by 31/44 Architects

3Garages adjacent to 16 John Penn Street, London, SE13 7QT

DESCRIPTIONThe site is irregular in shape and extends to approximately 0.28 acres (0.11 hectares). The site comprises 34 single storey lockup garages with an area of hardstanding. Due to the sloping topography of the site the various blocks of garages are set at different levels.

PLANNINGThe Property falls within the jurisdiction of the Royal Borough of Greenwich and is not located within a Conservation Area.

The site benefits from planning permission (Ref: 14/3459/F) granted at appeal on 25 February 2016 (Appeal Ref: APP/E5330/W/15/3135875) for the following development:

“Demolition of existing garages and construction of 4 dwelling houses.”

An application for a minor material amendment (Ref: 17/3322/MA) was refused on 10 January 2018, for the following:

- Variation of condition 2 (Approved Drawings) due to amendments to the proposed materials and facades.

An application for a further minor material amendment (Ref: 18/0335/MA) was approved on 29 January 2018, to allow for:

- Relocation and alterations to the pedestrian gates;

- Relocation and alterations to the chimneys;

- Extension of the concrete parapet by 315mm;

- Removal of a window;

- Reduction in height of a window;

- Reduction in balustrade height;

- Reduction in wall height;

- Relocation of bike stores;

- Amended pedestrian and vehicle access to the site;

- Material changes.

The development will be subject to a Mayoral CIL contribution of £6,147.44 and a Local CIL contribution of £10,585.95.

CGI of permitted scheme produced by 31/44 Architects

DEVELOPMENT POTENTIALThe proposed schedule of accommodation is set out below:

HOUSE BEDS DESCRIPTION OUTSIDE SPACE NIA / NSA SQ M

NIA / NSA SQ FT

AMENITY SPACE SQ M

1 4 Detached Garden and Courtyard 135 1,453 77.2

2 4 Detached Garden and Courtyard 138 1,485 77.2

3 5 Semi-detached Garden 150 1,615 98.2

4 5 Semi-detached Garden 152 1,636 114.5

Total 575 6,189

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 | July 2018

TENUREThe property is for sale freehold with vacant possession.

METHOD OF SALEThe site will be sold by way of informal tender (unless sold prior). Offers are sought for the freehold interest.

VATThe site is not elected for VAT.

FURTHER INFORMATIONFurther information including technical and legal documentation is available at:

www.savills.co.uk/johnpennstreet

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

Ed De Jonge +44 (0) 20 7016 3849 edejonge@savills.com

4Garages adjacent to 16 John Penn Street, London, SE13 7QT

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