14 & 14A PARK ROAD Kingston Upon Thames, KT2 6BG

South West London Residential Led Development Opportunity

CGI of Consented Scheme

214 & 14A Park Road, Kingston Upon Thames, KT2 6BG

EXECUTIVE SUMMARY• Residential led mixed use development opportunity in

Kingston upon Thames, south west London.

• 0.34 acre (0.14 hectare) site comprising a detached 4 bedroom house fronting Park Road and a former MOT workshop and garages with ancillary offices to the rear of the site.

• Planning permission for redevelopment of the site to provide for a mixed use scheme comprising 470 sq m (5,059 sq ft) GIA of B1 office space and 9 residential units.

• Combined residential Net Saleable Area of approximately 742 sq m (7,984 sq ft).

• Planning permission also granted for the extension and refurbishment of the existing house.

• Approximately 450 metres (0.3 miles) north west of Norbiton station, providing National Rail services direct to London Waterloo in 28 minutes.

• For sale Freehold with vacant possession.

LOCATIONThe site is located in Norbiton in the London Borough of Kingston Upon Thames. The surrounding area is predominantly residential, characterised by a mixture of large detached and semi-detached houses.

The site is bounded to the west by Park Road, to the north and east by the rear gardens of residential properties fronting Brunswick Road and to the south by the rear gardens of residential properties fronting Kingston Hill.

A range of local independent shops and restaurants are located in the immediate vicinity along Park Road and Kingston Hill (A308) to the south. Kingston town centre is located approximately 1.1 km (0.7 miles) to the south west, providing an extensive retail and leisure offering.

Norbiton station is located approximately 450m south east of the site and provides access to the National Rail Network, with direct services to London Waterloo in 28 minutes (source: National Rail). In addition, the site is also well served by multiple bus routes operating along A308 (Kingston Hill) and A238 (Coombe Road), providing services to central Kingston, Putney and Wimbledon.

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.

314 & 14A Park Road, Kingston Upon Thames, KT2 6BG

DESCRIPTIONThe broadly triangular site extends to 0.34 acres (0.14 hectares) and is split into three separate titles:

• 14 Park Road (TGL63104)

• 14A Park Road (SGL231932)

• Access road (SGL226749)

14 Park Road comprises a three-storey detached residential house with private access from Park Road. 14A lies to the rear of 14 and comprises a former MOT workshop and garage and ancillary offices. Access is via a private road which leads from Park Road to the rear of the site.

PLANNINGThe property falls within the jurisdiction of the Royal Borough of Kingston upon Thames and is not listed but is located within the Park Road Conservation Area.

14A Park Road14A Park Road benefits from planning permission (LPA Ref: 17/12997/FUL) granted at committee on the 6th June 2018 for the following development:

“Demolition of existing site buildings comprising vehicle repair workshop and offices and redevelopment to provide a 3-storey mixed-use building comprising ground floor B1 office space and 9 residential units (2 x 1 beds, 4 x 2 bed and 3 x 3 bed), along with communal amenity space, landscaping and undercroft parking and cycle parking (retaining frontage building at 14 Park Road): additional details and information.”

The development will be subject to Mayoral CIL at a rate of £35 per sq m and Royal Borough of Kingston-Upon-Thames CIL at a rate of £210 per sq m for residential and £20 per sq m for commercial. The proposed development will be subject to the following financial obligations as outlined in the Section 106 agreement.

FINANCIAL OBLIGATION SUM

Carbon Emissions Offset Contribution £24,654Management Monitoring Fee £1,000Travel Plan Monitoring Fee £1,000TOTAL £26,654

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

UNIT FLOOR BEDS TOTAL NSA

SQ M SQ FT

1 1 3 107 1,149

2 1 3 95 1,024

3 2 3 111 1,195

4 1 2 83 896

5 2 1 51 546

6 1 2 84 900

7 2 1 52 562

8 1/2 2 78 842

9 1 2 81 871

TOTAL 742 7,984

The scheme also includes provision for 9 undercroft parking spaces accessible via a gated entrance and 16 secure cycle spaces for the residential units, with an additional 9 cycle spaces for the commercial unit.

A summary of the proposed GIA for the scheme is set out below:

TENURE TOTAL GIA

SQ M SQ FT

Residential 822 8,848

B1 Office 470 5,059

Car / Cycle Parking 282 3,035

1,574 16,942

14 Park Road14 Park Road benefits from planning permission (LPA Ref: 16/13066) granted on 16th December 2016 for the following:

“Erection of single storey side and rear extension and upgrading of original dwelling.”

A further application for 14 Park Road (LPA Ref: 16/13192) was refused on 23 January 2017 for the following:

“Erection of rear/side dormer extension to facilitate loft conversion and installation of two front roof lights.”

The existing house extends to approximately 187.5 sq m (2,018 sq ft).

CGI of Consented Scheme

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 | September 2018

TITLE & TENUREThe site 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.

VATWe understand that the property is not elected for VAT.

VIEWINGSViewings are strictly by appointment; please contact the sole selling agents to make an appointment.

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

www.savills.co.uk/parkroad

CONTACTSFor further information please contact:

Andrew Cooper +44 (0) 207 016 3848 acooper@savills.com

Eleanor Hannam +44 (0) 203 320 8211 ehannam@savills.com

414 & 14A Park Road, Kingston Upon Thames, KT2 6BG

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