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144-146 DURNSFORD ROAD WIMBLEDON, LONDON, SW19 8HJ GLPG PROPOSED SCHEME VISUALISATION

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Page 1: WIMBLEDON, LONDON, SW19 8HJs3-eu-west-2.amazonaws.com/glpg-media/properties/... · 2020. 9. 22. · 144-146 DURNSFORD ROAD, WIMBLEDON, LONDON, SW19 8HJ PROPOSAL Offers Invited for

144-146 DURNSFORD ROADWIMBLEDON, LONDON, SW19 8HJ GLPG

PROPOSED SCHEME VISUALISATION

Page 2: WIMBLEDON, LONDON, SW19 8HJs3-eu-west-2.amazonaws.com/glpg-media/properties/... · 2020. 9. 22. · 144-146 DURNSFORD ROAD, WIMBLEDON, LONDON, SW19 8HJ PROPOSAL Offers Invited for

INVESTMENT SUMMARY

144-146 DURNSFORD ROAD, WIMBLEDON, LONDON, SW19 8HJ 2GLPG

• The sale of a freehold site with outline planning consent (landscaping reserved) to create a brand-new residential scheme comprising six apartments and a detached house

• The existing property is held freehold across three separate titles

• Total proposed net saleable area of approx. 5,381 sq. ft. / 500 sq. m. - click here to skip to the accommodation schedule

• The site extends to approx. 0.12 acres / 5,398 sq. ft. / 501 sq. m.

• It is our understanding that there are CIL liabilities of approx. £98,800 and that there are no Section 106 contributions - we strongly encourage all interested parties to carry out their own due diligence to confirm this

• Located just 0.5 miles from Wimbledon Park Underground Station

PROPOSED

Page 3: WIMBLEDON, LONDON, SW19 8HJs3-eu-west-2.amazonaws.com/glpg-media/properties/... · 2020. 9. 22. · 144-146 DURNSFORD ROAD, WIMBLEDON, LONDON, SW19 8HJ PROPOSAL Offers Invited for

AERIAL IMAGE WITH SITE OUTLINEAERIAL IMAGE WITH SITE OUTLINE

Page 4: WIMBLEDON, LONDON, SW19 8HJs3-eu-west-2.amazonaws.com/glpg-media/properties/... · 2020. 9. 22. · 144-146 DURNSFORD ROAD, WIMBLEDON, LONDON, SW19 8HJ PROPOSAL Offers Invited for

LOCATIONLocated just 0.5 miles from Wimbledon Park Underground

Station, with trains travelling into Victoria Station in approx. 26

minutes.

The site is surrounded by an abundance of local amenities,

including restaurants, shops, major supermarkets, local

markets and excellent schools.

In addition to the famous Wimbledon Tennis Courts, Golf

Club & Park, the area is continuing to benefit from significant

investment & regeneration, including a mix of residential and

commercial schemes throughout the borough.

KEY DISTANCES

144-146 DURNSFORD ROAD, WIMBLEDON, LONDON, SW19 8HJ 4GLPG

• Wimbledon Park Underground Station - 0.5 Miles

• Wimbledon Golf Club & Park - 0.5 Miles

• Wimbledon Railway Station - 1.2 Miles

• St George’s Hospital - 1.4 Miles

• Wimbledon Tennis Courts - 1.5 Miles

• Wimbledon & Putney Commons - 2 Miles

WIMBLEDON PARK UNDERGROUND STATION - 0.5 MILES

CENTRE COURT AT WIMBLEDON - 1.5 MILES

Page 5: WIMBLEDON, LONDON, SW19 8HJs3-eu-west-2.amazonaws.com/glpg-media/properties/... · 2020. 9. 22. · 144-146 DURNSFORD ROAD, WIMBLEDON, LONDON, SW19 8HJ PROPOSAL Offers Invited for

144-146 DURNSFORD ROAD, WIMBLEDON, LONDON, SW19 8HJ

DESCRIPTIONA freehold site benefitting from outline planning consent with landscaping reserved, to demolish two existing houses and replace them with a brand-new residential scheme comprising six apartments and a detached house, just 0.5 miles from Wimbledon Park Underground Station.

The scheme is broken down as 2 x 1-beds, 4 x 2-beds & 1 x 3/4-bedroom house.

The proposed scheme includes a total residential net saleable area of approx. 5,381 sq. ft. / 500 sq. m.

Outline planning consent - Merton Council, planning reference: 20/P1502 - Click Here to view the application on the planning portal.

5GLPG

110 WALM LANE

Click Here to visit the property webpage - please click the dataroom link to the right-hand side and enter access code: DURNSFORD2020 (upper case)

The data room contains the following set of documents: 1. Full set of approved plans & documents2. Title Register & Plan3. Decision Notice

Please note, the data room is being regularly updated.

DATA ROOM

Unit Type Floor Beds NIA Sq. Ft.

NIA Sq. M.

7-Unit Outline Planning Consent (landscaping reserved) reference: 20/P1502

1 House LG/GF/FF 4 1,415 131.5

2 Apartment Ground 1 414 38.5

3 Apartment Ground 1 549 51

4 Apartment Ground 2 684 63.5

5 Apartment First 2 667 62

6 Apartment First 2 694 64.5

7 Apartment Second 2 958 89

Total 5,381 500

OS WITH SITE OUTLINE

Page 6: WIMBLEDON, LONDON, SW19 8HJs3-eu-west-2.amazonaws.com/glpg-media/properties/... · 2020. 9. 22. · 144-146 DURNSFORD ROAD, WIMBLEDON, LONDON, SW19 8HJ PROPOSAL Offers Invited for

144-146 DURNSFORD ROAD, WIMBLEDON, LONDON, SW19 8HJ

PROPOSALOffers Invited for the Freehold interest in excess of £1,550,000, subject to contract

VIEWINGSViewings are strictly by appointment only due to COVID-19 safeguards

OFFERSTo be sent via email to [email protected], detailing the following:

1. Purchaser details 2. Proposal including timescales 3. Exchange deposit 4. Method of funding & proof of funds 5. Level of due diligence undertaken to date 6. Solicitor details 7. Any associated conditions

DATA ROOMClick Here to visit the property webpage - please click the dataroom link to the right-hand side and enter access code: DURNSFORD2020 (upper case)

6GLPG

DEBT ADVISORYGLPG’s Debt Advisory Team advises clients seeking real estate finance for developments or acquisitions. The Team can support you in obtaining efficient finance which recognises the qualitative factors when fostering borrower to lender partnerships.

Legal Disclaimer: GLPG on their own behalf and on behalf of the Owner/Landlord of this property give notice that this document does not constitute any form of contract for sale or lease. Statements made within emails, brochures, related documentation and other commu-nication from GLPG Limited, including that of income, legal financial contributions, measure-ments and distances should not be relied upon and are made without prejudice.

Interested parties are strongly advised to satisfy themselves as to the correctness of each statement, and to carry out their own due diligence including to ensure that the title is satis-factory and that they have the ability to implement any proposed scheme. 

GLPG is the trading name of GLPG Limited, a company registered in England, No: 09871398.

CONTACTFor further information or to arrange an inspection, please get in touch with a member of our Investments Team:

DEAN LESLIEDirector07446 918 [email protected]

MATT GLAZERDirector07879 774 [email protected]

GLPGADAM FREEDMANInvestment Associate07572 121 [email protected]

EMMANUEL RASHTIInvestment Associate07738 571 [email protected]

020 3640 [email protected]

For more information, please contact Nick Swerner on 07966 487 790 / 0203 640 6420 / [email protected].