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Glyn Hopkin Nissan London E10 80 Ruckholt Road, Leyton ... - EACH

Glyn Hopkin Nissan London E10 80 Ruckholt Road, Leyton ... - EACH

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<strong>80</strong> <strong>Ruckholt</strong> <strong>Road</strong>,<br />

<strong>Leyton</strong><br />

LONDON <strong>E10</strong> 5PG<br />

Online details<br />

1<strong>80</strong>67<br />

Area<br />

Site Area: 7,689 sq.m. (82,763 sq.ft.)<br />

Price<br />

Offers in excess of £7,000,000<br />

subject to contract<br />

Property Description<br />

Landmark Development Site With Planning<br />

Consent For 116 Residential Units - <strong>Glyn</strong><br />

<strong>Hopkin</strong> <strong>Nissan</strong> <strong>London</strong> <strong>E10</strong><br />

This strategic 'Olympic & <strong>Leyton</strong> Gateway' site extends to 1.90 acres, being approximately triangular in plan. It currently<br />

houses a <strong>Glyn</strong> <strong>Hopkin</strong> <strong>Nissan</strong> car showroom and car repair workshop, with extensive hard surfaced sales display<br />

forecourts and parking.<br />

Planning consent reference 2011/0876 was granted for the proposed redevelopment of the site was granted on 27th<br />

September 2012. The <strong>London</strong> Borough of Waltham Forest recognised the strategic importance of delivery of this<br />

landmark residential and mixed use scheme, in a 'Gateway' location key to the regeneration of <strong>Leyton</strong> and environs.<br />

The approved scheme comprises 116 units including 106 apartments and 10 houses together with 1,000 square metres<br />

of artist studio workspaces. The development is configured in a perimeter block arrangement with; a three to six storey<br />

apartment building to <strong>Ruckholt</strong> <strong>Road</strong>, a three to four storey building to Oliver <strong>Road</strong> incorporating the artist studio space<br />

to the southern edge & apartments to the north and a terrace of three storey family houses to Dunedin <strong>Road</strong>.<br />

We are also marketing the adjoining 1 acre site. Please search under 'Dunedin <strong>Road</strong>' or reference '20824' on our<br />

website for full details.<br />

*Gateway and landmark development site linking <strong>Leyton</strong> with the <strong>London</strong> 2012 Olympic Park<br />

*106 apartments and 10 large family houses<br />

*1000 sq.m. of Artist Studios/Creative Industry Workspaces<br />

*Secure basement parking<br />

*Extensive private and communal residents landscaped amenity areas<br />

*<strong>Leyton</strong> Underground station is within 10 minutes walk - <strong>London</strong> Liverpool Street 15 minutes estimated journey time<br />

*<strong>London</strong> 2012 Olympic Park is within 750 metres<br />

*Stratford Regional and Stratford International stations within walking distance<br />

*Westfield Stratford City shopping centre approximately one mile to the south<br />

Our ref: 1<strong>80</strong>67


Landmark Development Site With Planning<br />

Consent For 116 Residential Units - <strong>Glyn</strong><br />

<strong>Hopkin</strong> <strong>Nissan</strong> <strong>London</strong> <strong>E10</strong><br />

Accommodation Area sq.m. Area sq.ft. Status<br />

3 X 5 bedroom houses 443.00sq.m. 4768sq.ft. Affordable Rent 100%<br />

7 x 4 bedroom houses 999.00sq.m. 10753sq.ft. Affordable Rent 100%<br />

21 x 3 bedroom apartments 1825.00sq.m. 19644sq.ft. Private 90%, Affordable Rent 5% and<br />

5% Shared Ownership (includes 11<br />

duplex apartments)<br />

54 x 2 bedroom apartments 3872.00sq.m. 41677sq.ft. Private 87% and 13% Shared<br />

Ownership (includes 11 duplex<br />

apartments)<br />

31 x 1 bedroom apartments 1561.00sq.m. 16<strong>80</strong>2sq.ft. Private 100%<br />

Artist Studios 1000.00sq.m. 10763sq.ft.<br />

TOTAL FLOOR AREA 9700.00sq.m. 104409sq.ft.<br />

59 car parking spaces<br />

148 cycle parking spaces<br />

10 motorbike spaces<br />

Property Location<br />

The subject site is prominently located on the north side of <strong>Ruckholt</strong> <strong>Road</strong> A106 with east return frontage to Oliver <strong>Road</strong><br />

an important route that runs north to south. Dunedin <strong>Road</strong> forms the northern boundary of the site a residential side<br />

turning off Oliver <strong>Road</strong>. <strong>Ruckholt</strong> <strong>Road</strong> is the primary thoroughfare into the borough and connects <strong>Leyton</strong> to the <strong>London</strong><br />

2012 Olympic Park which is only 750 metres to the south of the site.<br />

The site is excellently served for the public transport network with main bus routes available and <strong>Leyton</strong> Underground<br />

station (Central Line) is just 500 metres to the east with a journey time to Liverpool Street of only 15 minutes.<br />

Stratford Regional and Stratford International stations are approximately a mile to the south with access to the Central<br />

Line (links to the north-east to Epping and to the west to Ealing via <strong>London</strong>), Jubilee Line (routes through <strong>London</strong> via<br />

Canary Wharf, <strong>London</strong> Bridge & Waterloo), <strong>London</strong> Overground - North <strong>London</strong> Line and Docklands Light Railway<br />

(serving Beckton and Woolwich Arsenal, Docklands, Greenwich and Lewisham) .<br />

National Rail service destinations from Stratford Regional station include East Anglia, north-east <strong>London</strong> and Liverpool<br />

Street. Other destinations served include Shenfield, Stansted, Norwich and Harwich Town.<br />

Stratford International has high speed services connecting directly to <strong>London</strong> St Pancras (for the Eurostar) and stations<br />

in Kent via the high speed rail line. Eurostar are due to review stopping at Stratford Station after the 2012 Olympics.<br />

Comprehensive main road networks provide easy links to Central <strong>London</strong>, High <strong>Road</strong> <strong>Leyton</strong>stone A11, East Cross<br />

Route A12, A13, High <strong>Road</strong> <strong>Leyton</strong> A112, M11 and M25 motorways.<br />

The newly opened Westfield Stratford City shopping centre is within walking distance to the south being one of the<br />

largest urban shopping centres in Europe comprising 175,000 square metres of retail floor space with 224 stores as well<br />

as Vue Cinema complex. Westfield Stratford City is adjacent to the <strong>London</strong> Olympic Park, Stratford Regional and<br />

Stratford International stations.<br />

<strong>Leyton</strong> Town Centre provides more localised shopping facilities within short walking distance.<br />

2010 Rateable Value £171000.00<br />

Estimated Rates Payable £74043 per annum<br />

Service Charge p.a. -<br />

Our ref: 1<strong>80</strong>67


Landmark Development Site With Planning<br />

Consent For 116 Residential Units - <strong>Glyn</strong><br />

<strong>Hopkin</strong> <strong>Nissan</strong> <strong>London</strong> <strong>E10</strong><br />

Terms Freehold for sale with full vacant possession - Offers in excess of £7m.<br />

Planning permission has been granted in accordance with the Unilateral<br />

Undertaking dated 14th September 2012 and the provisions of Schedule 7<br />

therein, which will apply to any future development.<br />

Legal Fees: Each party bears own legal fees<br />

Local Authority: <strong>London</strong> Borough of Waltham Forest<br />

Viewings: By prior appointment with Gilmartin Ley, telephone 020 8882 0111<br />

Last Updated: 04 Oct 2012<br />

Gilmartin Ley for themselves and for the vendor / lessor of the property whose agent they are give notice that:<br />

(1) these details are set out as a general outline only for the guidance of intended purchasers or lessees and do not constitute, not constitute part of, an offer or<br />

contract; (2) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility:<br />

any intending purchasers or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the<br />

correctness of each of them; (3) no director or person in the employment of Gilmartin Ley has any authority to make or give any representation or warranty whatever<br />

in relation to any of the properties on this website; (4) we have not tested any of the services, such as heating, power supplies, lighting, fire or security alarms etc.<br />

serving any of the properties on this website and therefore are unable to confirm that they are in satisfactory working condition or comply with appropriate regulations;<br />

(5) all rentals and prices quoted are exclusive of VAT, unless otherwise stated.<br />

Our ref: 1<strong>80</strong>67


Landmark Development Site With Planning<br />

Consent For 116 Residential Units - <strong>Glyn</strong><br />

<strong>Hopkin</strong> <strong>Nissan</strong> <strong>London</strong> <strong>E10</strong><br />

Our ref: 1<strong>80</strong>67


Landmark Development Site With Planning<br />

Consent For 116 Residential Units - <strong>Glyn</strong><br />

<strong>Hopkin</strong> <strong>Nissan</strong> <strong>London</strong> <strong>E10</strong><br />

Our ref: 1<strong>80</strong>67


Landmark Development Site With Planning<br />

Consent For 116 Residential Units - <strong>Glyn</strong><br />

<strong>Hopkin</strong> <strong>Nissan</strong> <strong>London</strong> <strong>E10</strong><br />

Our ref: 1<strong>80</strong>67


Landmark Development Site With Planning<br />

Consent For 116 Residential Units - <strong>Glyn</strong><br />

<strong>Hopkin</strong> <strong>Nissan</strong> <strong>London</strong> <strong>E10</strong><br />

Our ref: 1<strong>80</strong>67


Landmark Development Site With Planning<br />

Consent For 116 Residential Units - <strong>Glyn</strong><br />

<strong>Hopkin</strong> <strong>Nissan</strong> <strong>London</strong> <strong>E10</strong><br />

Our ref: 1<strong>80</strong>67


Landmark Development Site With Planning<br />

Consent For 116 Residential Units - <strong>Glyn</strong><br />

<strong>Hopkin</strong> <strong>Nissan</strong> <strong>London</strong> <strong>E10</strong><br />

Our ref: 1<strong>80</strong>67

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