Offers In Excess Of £11,000,000

The Mall, Ealing, London, W5 2PJ

Description

11 to 15 The Mall, Ealing, London W5 2PJ

(HM Land Registry Title Number AGL359973)

Dexters London Limited are delighted to present a mixed-use development opportunity for the redevelopment of land at the rear of 11 to 15 The Mall to provide a 9-storey building with basement, comprising of 34 private self-contained flats, an E(b) Use Class restaurant within the basement, an existing E(b) Use Class restaurant at the ground floor and a retail unit.

 

Planning Permission was GRANTED by the London Borough of Ealing on the 25th May 2017 (Planning Reference Number P/2014/3193) for 14 flats including one Penthouse Apartment. With a combined site area 15,431 sq ft including flats, circulation space, entrance lobby, street level entrance reception (Net Area: 12,228 sq ft). Circa 9,000 sq ft of Basement and circa 6,000 sq ft of Ground Floor Restaurant (A3 Use).

The construction of the project commenced in 2018 which included enabling work, foundations and underpinning of the front buildings. 

Construction paused at first floor level pending the determination of Planning Application Reference: 204654FUL which was GRANTED (subject to S106 Legal Agreement) on the 25th January 2022 creating an additional 20 flats.

Located within the Ealing Town Centre Conservation Area within the main town centre of Ealing featuring a plethora of shops, cafes and restaurants including the Marks and Spencer Department Store, Morrisons, Wagamama Restaurant and Pizza Express.

Ealing Broadway Railway and Underground Stations are within 150 meters providing direct access to London Paddington via the Great Western Main Line with the underground serviced by the District and Central Lines.

The station will further benefit from the new Crossrail, Elizabeth line service. Due to be operational in May 2021, the new service will provide direct trains between Paddington London and Heathrow Airport (Terminals 2 & 3 and Terminal 4 stations) via Hayes & Harlington making it quicker and easier to get to destinations across London, South Bucks and Berkshire.

Planning History

 

11 to 15 The Mall, Ealing, London W5 2PJ

Planning permission was GRANTED (subject to S106 Legal Agreement) on the 25th January 2022 by the London Borough of Ealing (Planning Application Reference: 204654FUL) for the redevelopment of land at the rear of Nos 11 to 15 The Mall to provide a 9 storey building with basement, comprising 34 self-contained flats , (following part demolition of the existing extensions and structures to the rear of Nos. 11 to 15); Proposed E(b) Use (Restaurant) at basement; Existing E(b) Restaurant Use at ground floor of No. 13 The Mall to be extended into the rear of No. 12, change of use of ground floor of No. 12 The Mall from Retail to Residential (to form Entrance Lobby to Flats), to include alteration to front facade; alterations to existing air extract plant at Nos. 11, 12 and 13; bicycle, refuse and recycling stores (Part Retrospective).

11 and 12 The Mall, Ealing, London W5 2PJ

Planning permission was GRANTED subject to conditions on the 10th June 2016 by the London Borough of Ealing (Planning Application Reference: 161248FUL) for the change of use of first and second floor from Offices (Use class B1) and Residential (Use class C3) to Residential (Use class C3); incorporating two storey side infill, rear second floor extension; incorporating rear roof extension (involving conversion of roof space to habitable use) to redevelop and convert existing property to eight self-contained flats & studios (6x studios self -contained, 2x2 bedroom self-contained flats) with associated internal and external alterations to provide new access, windows, bin stores.

 

11 to 15 The Mall, Ealing, London W5 2PJ

Planning permission was GRANTED on the 25th May 2017 by the London Borough of Ealing (Planning Application Reference: P/2014/3193) for the re-development of the land at the rear of Nos 11 to 15 The Mall to provide a part single, part two, part three, part four and part five storey building with basement, comprising 14 self-contained flats (6 x 1 bed, 6 x 2 bed and 2 x 3 bed) arranged over the first to fourth floor (following part demolition of the existing extensions and structures to the rear of Nos. 11 to 15); Proposed A3 Use (Restaurant) at basement; Existing A3 Restaurant Use at ground floor of No. 13 The Mall to be extended into the rear of No. 12, change of use of ground floor of No. 12 The Mall from A1 Retail to C3 Residential (to form Entrance Lobby to Flats), to include alteration to front facade; alterations to existing air extract plant at Nos. 11, 12 and 13; one disabled parking space; bicycle, refuse and recycling stores.

 

Discharge of Conditions of Planning Application Reference: P/2014/3193

 Planning Reference: 174098REM

Details of external materials pursuant to condition 5 (details of the materials and finishes to be used for the external surfaces) of planning permission ref: P/2014/3193.

APPROVED on the 29th January 2018

 Planning Reference: 174099REM

Details of external materials pursuant to condition 6 (details of construction method statement) of planning permission ref: P/2014/3193.

APPROVED on the 13th March 2018

Planning Reference: 174100REM

Details of cycle parking pursuant to condition 9 of planning permission ref: P/2014/3193 29.

APPROVED on the 29th January 2018

Planning Reference: 191281CND

Details of BREEAM certificates pursuant to condition 11 of planning permission ref: P/2014/3193.

APPROVED on the 14th May 2019

 Planning Reference: 174101REM

Details of ventilation system pursuant to condition 16 of planning permission ref: P/2014/3193

APPROVED on the 13th March 2018

Planning Reference: 180211CND

Details of sound insulation pursuant to condition 17 of planning permission ref: P/2014/3193.

Approved on the 9th February 2018

Planning Reference: 174102REM

Details of piling method statement pursuant to condition 25 of planning permission ref: P/2014/3193.

Approved on the 28th Feb 2018

 Charges & Liabilities

We have been advised that the proposed scheme as detailed within Planning Application Reference: 204654FUL will be liable to an Affordable Housing Off-Set Commuted Sum of circa £1,150,000 (One Million One Hundred and Fifty Thousand Pounds).

 The London Borough of Ealing has yet to adopt a Local Community Infrastructure Levy (CIL), however the borough is subject to a Mayoral MCIL2 charge of £60 per sq. m of net new area.

All charges and levies are the responsibility of the purchaser.

Guide Price

Offers Are Sought In Excess of £11,000,000 (Eleven Million Pounds), subject to contract.

Estimated Combined Gross Development Value

£27,520,306 (Twenty-Seven Million, Five Hundred and Twenty Thousand, Three Hundred and Six Pounds)

Please note the CGI Images are for illustrative purposes only. The freehold is currently held within a Special Purpose Vehicle (SPV), the sale can either be for the SPV or for the unencumbered Freehold.