Old Kent Road site with planning for 111 apartments
Land bounded by 685-695 Old Kent Road / 2-12 Ruby Street / Murdock Street SE15
A substantial site within 250m of the proposed Asylum Road tube station is offered by Acorn Estate Agents. The site has planning permission for 111 apartments, 17,800 sq ft of commercial space together with a church, retail space and a cafe. Offers in excess of £9,999,999. UNAVAILABLE
Auction House London’s June 2020 auction is online
17 JUNE 2020
The Auction House London June 2020 auction will be exclusively online. The auction features the opportunity to purchase garages in Bow E3, a house in Cricklewood NW2 with a planning application submitted for conversion to flats, and a bungalow in Sunbury on Thames with development potential.
Planning application submitted for historic wholesale food markets at Dagenham Dock
3 June 2020
The City of London Corporation has submitted a planning application to develop a 42 acre site at Dagenham Dock, the former site of Barking Reach power station. If successful, London’s historic food markets, Smithfield, Billingsgate and New Spitalfields will move to the site in 2025, creating a world class wholesale food location.
Embassy building in Holland Park with potential to reinstate to a family home
54 Holland Park W11 3SJ
A grade II listed Italianate villa in Holland Park is available through Savills estate agents. The building was used as an embassy up until 2011 and is now in need of full refurbishment. The building extends to 9,542 sq ft (886 sq m) and subject to planning could be reinstated to a family dwelling.
Residential property transactions in April are at levels last observed during the 2008 global financial crisis
21 May 2020
HMRC estimates that UK residential property transactions in April 2020 were down by 53.4% over April last year, and 46.1% lower than March 2020. Non residential transactions were 45.2% lower than April 2019 and 22% lower than March 2019. Such low transaction levels were last evident during the 2008 global financial crisis.
Barnard Marcus May 2020 property auction is online
19/20 MAY 2020
The May 2020 Barnard Marcus Auction is to take place online. Sites include a 5,000sq ft+ medical centre in Borehamwood. Barnard Marcus
Development opportunity in SE1 on a plot of half an acre
310-326 St James Road, London SE1
Kalmers are offering a warehouse extending to 14,263 sq ft on a site of 0.51 acres. The property is located a mile from South Bermondsey station and offers the purchaser the opportunity to use it as B1/B8 space or develop it subject to planning permission. UNAVAILABLE
Housing secretary announces reopening of the housing market
13 May 2020
The government has announced that from 13th May 2020 house moves can how go ahead, subject to restrictions. Estate agents’ offices and show homes can open and viewings can go ahead as long as guidelines are followed. To support safe housebuilding the government has allowed more flexible working hours. A charter for safe working practices has also been published, in conjunction with the House Builders Federation to ensure that works are carried out safely during the coronavirus epidemic.
The number of tall buildings in London increased by 140% in 2019
21 April 2019
A record 60 tall buildings were built in London in 2019, that is up 140% on the 2018 figure, according to the Annual Tall Buildings Survey published by New London Architecture and Knight Frank. 88% of the completed buildings are residential. Furthermore there are 525 buildings in pre-planning, planning and construction.
Barratt Developments furloughs 85% of its workforce in response to COVID 19
16 April 2020
In response to COVID-19 Barratt Developments, Britain’s largest house builder, temporary closes all sales centres and construction sites and suspends all house buying activity. Furthermore 85% of their staff are to be furloughed on full pay. Activities are to recommence when it is appropriate to do so.
Site in Pimlico close to Chelsea Barracks extends to 0.31 acres
48-56 Ebury Bridge Road SW1W 8QF
Savills are marketing a 0.31 acre site in Pimlico, suitable for residential development, subject to planning. The site was used as a petrol station up until 10 years ago and is situated close to the Qatari Diar’s redevelopment of Chelsea Barracks in Pimlico. Emerging proposals for the Ebury Bridge Estate Regeneration Project situated on the opposite side of Ebury Bridge Road, feature 10 new blocks up to 19 storeys high. Savills are quoting a price of £6.75m for the freehold. UNAVAILABLE
Land in East Finchley extending to 0.32 acres, with potential for residential development
Rear of Both Centre, 250 East End Rod, N2 8AU
Savills are offering a cleared site to the rear of the Bobath Centre which is accessed from East End Road, East Finchley N2. The site is close to East Finchley Underground station and extends to 0.32 acres, with potential for development subject to planning consent. Offers in excess of £2.5m are sought for the freehold. UNAVAILABLE
Barnard Marcus April 2020 auction is online
7 APRIL 2020
The April 2020 Barnard Marcus Auction is to take place online. The auction features lots including a medical centre in Borehamwood and land with development potential in St Albans. Barnard Marcus
Strettons April 2020 auction via remote bidding
7 APRIL 2020
Strettons April 2020 property auction features a four storey period building in Stepney E1 and a shop and upper parts in Hackney E8. Prosepective purchasers are invited to register and bid online. Strettons
Coronavirus Business Interruption Loan Scheme for loans up to £5m
24 March 2020
The UK government has announced the Coronavirus Business Interruption Loan Scheme, offering businesses loans of up to £5m to help survive the disruption caused as a result of the COVID-19 outbreak. The scheme is operated by the British Business Bank via accredited lenders.
Monetary Policy Committee cuts interest rates to record low of 0.1%
19 March 2020
The Bank of England’s Monetary Policy Committee cut interest rates to a record low of 0.1% at a special meeting on the 19th of March. The aim of the cut is to help UK businesses and households cope with the economic disruption expected as a result of the measures necessary to contain the spread of the Covid-19 virus.
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Development Opportunity in Finchley comprising a building in excess of 20,000 sq ft
Clandon House, Clandon Gardens, Finchley N3 3BD
This site in Finchley exceeds 1 acre and comprises of a three storey building which extends to 20,114 sq ft. The current use is student accommodation and is available for £5m through Savills. UNAVAILABLE
Site in St Johns Wood with planning consent for 9 apartments over 7 floors
Adjacent to 1 St Johns Wood Park NW8
A cleared site in St Johns Wood with planning consent for 9 apartments over 7 floors is being marketed by Knight Frank. This vacant brownfield site extends to 0.09 acres and is situated close to Swiss Cottage Underground station. UNAVAILABLE
Savills March 2020 auction includes an unmodernised mews house in Holland Park
The Marriott Grosvenor Square London W1K 6JP
26 March 2020
The Savills March 2020 auction includes an unmodernised mews house of 2,127sq ft at 15 Russell Gardens Mews W14, close to the amenities of Kensington High Street. The guide price is £950,000+. Savills
Bank of England reduces Bank Rate from 0.75% to 0.25%
10 March 2020
The Bank of England reduced the Bank Rate from 0.75% to 0.25% and launched a Term Funding Scheme to assist households and businesses to cope with the disruption associated with Covid-19.
Housing Secretary outlines proposals to update the planning system to encourage building
12 March 2020
The UK government is to streamline the planning process to speed up the decision making process. Housing Secretary Robert Jenrick MP announced proposals to encourage building upwards, above stations and the housing-led redevelopment of high streets. The government will also launch a register or brownfield sites to encourage development.
Market with outlets committed to sustainable practices opens in Camden
11 March 2020
Buck Street Market in Camden, designed by architects Eric Reynolds, is made from 88 recycled shipping containers and will house 80 retail outlets over 26,000 sq ft. The food and retail brands will all be committed to sustainable practices and processes.
Rightmove reports sales agreed in London up by over 25%
17 February 2020
Rightmove reports a 26.4% increase in sales in London compared to the same month a year ago. The average price of property coming to the market in London has also increased by 2.7% compared to last month and a 2.4% increase on the same month last year.
Collection of freehold properties within walking distance of Hampstead Village NW3
Oak Hill Park Hampstead NW3 7LG
Situated in the secluded and private Oak Hill Park estate, off Frognal in Hampstead, are a collection of freehold homes and leasehold garages. The plot extends to over 1/2 acre and is situated 600 meters from Hampstead Underground station. Price on Application. Savills | UNAVAILABLE
Whiteleys planning approved for a mixed use development in excess of 1 million square feet
20 December 2019
Westminster Council have approved plans to redevelop the Grade II listed Whiteleys Shopping Centre in Queensway. The scheme will provide 153 apartments and town houses, a hotel and 75,000 sq ft of retail, while restoring the listed facade, central courtyard and dome. The architects for the scheme are Foster and Partners. Whiteleys Development
Homebase Site in High Road North Finchley with Development Potential
High Road North Finchley N12
Freehold development opportunity in High Road, North Finchley N12, situated on a site of 2.64 acres, with a positive pre application for a 221 apartment residential development. Currently producing a rent of £422,180 per annum, the site is occupied by a Homebase store extending to 35,020 sq ft. Knight Frank | UNAVAILABLE
0.14 acre former healthcare Centre in London E9 with Pre Application for Residential Scheme
The Wick Health Centre 200 Wick Road E9 5AN
Freehold former healthcare centre on a plot of 0.14 acres close to Homerton overground station. The existing buildings are part two and part three storeys and extend to 4,000-4,500 sq ft. The vendors have undertaken a pre-application for a residential scheme. Avison Young | UNAVAILABLE
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Former bank building at Tower Bridge with development potential
185 Tower Bridge Road SE1 2UF
A grade II listed former bank building on Tower Bridge Road SE1 benefits from a positive pre-application response from Southwark Council. The existing building of 9,700 sq ft stands on a plot of 0.041 acres. Montague Evans | UNAVAILABLE
London remains vital for global retail expansion
9 April 2019
Despite a softening of the retail market in London, Bond Street together with Marylebone High Street and Spitalfields remain robust. Zone A rents at Bond Street are currently £2,500 per sq ft. The number of international stores debuting in London, including smaller emerging retailers, increased substantially in 2018. Savills
Blackfriars Crown Court
Blackfriars Crown Court 1.4 acre development site
1-15 Pocock St Cross Lane SE1 0BT
Blackfriars Crown Court is located five minutes walk from Southwark Station. The existing building is 161,787 sq ft (GIA) on a 1.4 acre site. Pre-application indicated support for a commercial led scheme of 192,248 sq ft. JLL | UNAVAILABLE
Development opportunity in Hornsey comprising industrial buildings on a site of 0.51 acres
Cross Lane N8 7SA
This irregular 0.51 acre site in Hornsey, N8 comprises of low rise industrial buildings. Hornsey station is approximately 350m south east of the site. Offers in excess of £6m. Savills | SOLD
Capital’s Fourth Tallest Residential Tower to be Built at Old Kent Road
13 MARCH 2019
Aviva Investors and Galliard Homes have secured planning for a £600m scheme at the Old Kent Road. The site will include 8 new blocks including a 48 storey residential tower designed by Brisac Gonzalez, which will be the fourth tallest in London. Aviva Investors. Galliard Homes
NLA’s Annual Tall Building Survey reveals 76 tall buildings to be completed in London in 2019
4 March 2019
New Architecture London and G L Hearn’s Annual Tall Building Survey shows that the number of tall buildings under delivery is the highest in history. In 2019, 76 buildings over 20 storeys will be completed, which is three times the number completed in 2018. The report shows that there are 541 towers in the pipeline, 90% of which are for mainly for residential use. NLA
Mayor of London supports rooftop development
27 February 2019
The Mayor of London has supported rooftop developer Apex Airspace by providing a loan of £10m to create new homes above existing buildings. The firm will use the latest technology, using offsite construction methods, to minimise disturbance to neighbouring properties. Apex Airspace
Site in Elephant & Castle with Pre-application to provide 39 storey tower and 14 storey commercial building
101 Newington Causeway London SE1 6BN
Development opportunity at Elephant and Castle, which is undergoing a £3bn regeneration programme. The 0.65 acre site comprises three buildings with a gross internal area of 90,918 sq ft. Pre-application discussion to provide a 39 storey residential tower and a 14 storey commercial building. Savills | UNAVAILABLE
Site at Haverstock Hill, NW3 with Planning for 77 Residential Apartments
Haverstock Hill London NW3
A 0.51 acre site situated between Primrose Hill and Belsize Park, adjacent to Chalk Farm Underground Station. The site has planning permission for a seven floor building of 95,666 sq ft GIA, comprising of 77 residential apartments and 3 retail units. Knight Frank | UNAVAILABLE
Development site for 52 residential units in Hackney Wick
25 Trego Road London E9 5HJ
Situated 200m from Hackney Wick Overground Station is this warehouse building of approximately 15,877 sq ft with planning granted for 52 flats. It is surrounded by a site with planning for 475 residential units, 10,000 sq ft of commercial space and a canal-side park. Offers in excess of £8.25m. Savills | UNAVAILABLE
Substantial freehold property with development potential close to New Southgate Station
45/47 Friern Barnet Road N11 3EG
Substantial development opportunity situated on Friern Barnet Road, 0.2 miles from New Southgate mainline station, currently used as a dental surgery on the ground floor with offices. Planning granted for 3/4 floor dental laboratory in 2005. Guide price £3.25m. Jeremy Leaf | UNAVAILABLE
Savills February 2019 Auction includes a 11,000+ Sq Ft Grade II Listed Building in Hampstead
Savills February 2019 auction includes a 11,000+ sq ft Grade II listed building in Hampstead
The Marriott Grosvenor Square London W1K 6JP
19 February 2019
Sites include a Grade II listed building of 11,377 sq ft at 17 Lyndhurst Gardens, Hampstead, NW3. The building is currently used by the NHS Foundation Trust and is guided at £5.45m+. Savills