SANDRINGHAM MEWS EALING GREEN - 23-38 High Street, 15-19 New Broadway, Ealing, London W5
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SANDRINGHAM MEWS
EALING GREEN
23-38 High Street, 15-19 New Broadway, Ealing, London W5
A ONE ACRE MIXED USE INVESTMENT OPPORTUNITY
W I T H E XC E L L E N T D EV E LO P M E N T P OT E N T I A L
P R I M E F R E E H O L D D EV E LO PM E N T / I N V ESTM E N T
O P P O R T U N I T Y I N T H E H E A R T O F E A L I N G B R O A D WAY
AND ON THE DOORSTEP OF EALING GREEN
EXECUTIVE SUMMARY
• An exciting freehold opportunity in a highly popular area of West London and a key Crossrail hub.
The site is currently under-developed and represents an opportunity for significant redevelopment
and additional massing;
• Ealing is a thriving West London Borough which is a sought after location for businesses and residents
alike. The site is situated within the heart of Ealing Broadway and on the doorstep of Ealing Green,
which offers a wealth of amenities and excellent transport network;
• Ealing Broadway Station is a 5 minute walk, which provides Underground and National Rail services.
From 2021 the new Elizabeth line will provide links into the West End in 11 minutes and Liverpool
Street in 18 minutes;
• The site is allocated for redevelopment in planning policy. A feasibility study has been prepared by
OWAL Architects for the site, which identifies the potential to deliver a comprehensive redevelopment
of 144 residential units plus commercial space, subject to the necessary consents;
• Under Permitted Development Rights, the property has received prior approval for the change of use of
part of first, second and third floors to accommodate 42 private residential units;
• The site extends to approximately 1 acre (0.41 ha). It comprises public car parks, retail parade and
vacant uppers;
• Income of £627,333 per annum;
• Unconditional offers in excess of £20m are invited for the Freehold interest.
Sandringham
Mews
SM
02/03
HAMPSTEAD
HEATH
WEMBLEY
Sandringham
Mews CAMDEN TOWN
SHOREDITCH
STRATFORD
THE CITY
EALING STUDIOS
COVENT GARDEN
CITY AIRPORT
M4, A40/ M
M25 / M1
BROADWAY SHEPHERD’S
KNIGHTSBRIDGE
BUSH
CANARY
WHARF
SOUTH
KENSINGTON
BRENTFORD CHELSEA
HEATHROW
AIRPORT
KEW CHISWICK QUEENS
CLUB
FULHAM PECKHAM
8
BATTERSEA
HOUNSLOW CLAPHAM BRIXTON
RICHMOND minute train journey
into Central London
TWICKENHAM
14
WIMBLEDON
L O C AT I O N minute Elizabeth line
journey to Heathrow
15
K N OW N A S ‘Q U E E N O F T H E S U B U R B S’, T H E B O RO U G H O F E A L I N G I S ST E E P E D I N B OT H
H I S T O R Y A N D C U LT U R E . I T I S A V I B R A N T B O R O U G H , W I T H E XC E P T I O N A L G R O W T H
minute drive to the M4,
P R O S P E C T S A N D FA N TA S T I C C O N N E C T I V I T Y I N T O C E N T R A L L O N D O N A40/M, M1 and M25
WALPOLE Map showing the site, Filmworks site,
PARK Dickens Yard, Walpole Park, EALING
Ealing Broadway Shopping Centre, COMMON
Ealing Broadway Station, Church of Christ
the Saviour, Perceval House
•
A40
NORTH EALING
The site is located in the heart of Ealing
Broadway, which is subject to significant CASTLEBAR
A40 ROAD MADELEY
ongoing investment ROAD
NORTH
• Ealing Broadway offers a major retail and
commercial destination for locals within the
CIRCULAR ROAD
12
wider West London area, with an array of
entertainment and leisure destinations on EALING BROADWAY
offer
• Ealing Green and Walpole Park to the south
of the property offer acres of unspoilt WEST EALING
7 UXBRIDGE ROAD
NEW BROADWAY 6 8
parkland, which is also home to the historic 9 THE BROADWAY 11
Pitzhanger Manor and the famous Ealing 5 HIGH STREET
Studios M4
BOND STREET
• The new Filmworks development by 3
St. George is the latest project within the
area as it is set to deliver a new retail and
2 Sandringham
leisure hub, providing a new Picturehouse Mews 10
EALING COMMON
cinema and 75,000 sq ft of retail space
• Dickens Yard by St. George has complete
and has delivered almost 700 homes and
1
GUNNERSBURY
NORTHFIELD AVENUE
4 SOUTH
100,000 sq ft of commercial space to Ealing AVENUE
EALING ROAD
Broadway
• Ealing Broadway Shopping Centre to the
east of the property offers a range of national
retailers including H&M, JD Sports, M&S,
Next, Primark & Waterstones, as well
as extensive food and beverage offering
5 st george: FILMWORKS 8 EALING BROADWAY 10 EALING COMMON
• The office market in Ealing Broadway has
Local 1
2
Walpole Park
PITZHANGER MANOR & GALLERY 6 DICKENS YARD SHOPPING CENTRE 11 EALING LAWN TENNIS CLUB
undergone significant rental growth in Amenities 3 Questors Theatre 7 CHRIST THE SAVIOUR 9 NUFFIELD HEALTH & FITNESS 12 HAVEN GREEN
recent years, which stems from the lack of 4 Ealing studios PARISH CHURCH
Grade A office accommodation within the
local area and the high levels of take up off
the back of Crossrail
• Low vacancy rates in Ealing’s principle office
schemes Ealing Cross, Ealing Gateway and
Aurora, in tandem with a lack of significant
new office development under construction
has pushed rents from £29psf to £42.50psf
over the past ten years, with further space to
improve with the arrival of Crossrail
Maps shown for illustrative purposes only.
SM
04/05
Sandringham
Mews
PERCEVAL HOUSE
CENTRAL LONDON >
DICKENS YARD
NEW BROADWAY
EALING BROADWAY
CHRIST THE SAVIOUR
RAIL STATION >
PARISH CHURCH
st george: FILMWORKS
HIGH STREET EALING BROADWAY
SHOPPING CENTRE
PITZHANGER
MANOR & GALLERY
Walpole Park
SM 06/07
CONNECTIVITY
E A L I N G I S R E N O W N E D F O R I T S S U P E R B C O N N E C T I O N S A N D FA S T A N D C O N V E N I E N T T R A N S P O R T
L I N K S I N T O C E N T R A L L O N D O N . I T I S E A S I LY A C C E S S I B L E B Y B U S , C A R , R A I L A N D T U B E .
5
Ealing is located approximately 8 miles to the west of Central London and 8 miles north
east of Heathrow International Airport. It benefits from excellent highways communications
with the M4, M25 and A40 (M40) situated within close proximity. In addition, the A406
(North / South Circular) provides access to the M1 to the north and to the south towards Sandringham
Richmond and Chiswick. Mews
Neighbouring areas of Chiswick, Richmond, Twickenham, Hammersmith and Shepherds
Ealing Minute
Bush are all within easy reach.
Broadway Walk
Ealing itself has exceptional rail and underground services all within easy walking
distance and set out here. Stansted Airport V I A N AT I O N A L R A I L
Luton Airport 150+ destinations
90+ destinations
EALING
M1 A1(M) M11
Oxford M25 Reading Heathrow Ealing Paddington
BROADWAY
21 Station - 50 mins Airport - 15 mins Broadway Station - 8 mins
27
St Pancras L O N D O N U N D E R G R O U N D F R O M E A L I N G B R O A D WAY
Didcot International
Eurostar connection
M40 16 A406
Chiswick Paddington
M4 CENTRAL
15 3 2 1
Waterloo City Airport 31
Shepherds Bond Bank Liverpool
Richmond 40+ destinations
Reading
1
Bush - 14 mins Street - 24 mins Station - 33 mins Street - 36 mins
10 Heathrow Airport
180+ destinations
A329(M) A322 12
y
3
M25
M3
M25 DISTRICT
Hammersmith Earls Victoria Tower
7 Station - 14 mins Court - 19 mins Station - 30 mins Hill - 46 mins
Basingstoke
Guildford Reigate M23
Map not to scale and shown for illustrative purposes only.
Approximate journey times: Source TfL
A3
Gatwick Airport
200+ destinations
Artists impression of how the new
Ealing Broadway Station will look
Reading
42 mins
Slough
18 mins
Heathrow
14 mins
Paddington
8 mins
Bond Street
11 mins
When complete, the new Elizabeth line will be London’s largest transport infrastructure project Tottenham Court Road
since the Second World War, providing much improved connections across London. The line is expected 13 mins
o bring an additional 1.5 million people within a 45 minute journey time of central London and serve some
200 million passengers per year. The improved transport links will help to reshape areas and create new
business opportunities. Liverpool Street
18 mins
The new station at Ealing Broadway is due to complete in early 2021. Accessibility into and out of Ealing
Broadway will significantly improve as a result. When fully opened, up to twelve services an hour will serve
Ealing Broadway, making it quicker and easier to get to destinations across London, South Buckinghamshire Canary Wharf
and Berkshire. 25 mins
The arrival of the Elizabeth line will reinforce and elevate Ealing’s appeal to commuters as an excellent,
well connected location. Stratford
27 mins
SM
08/09
1 2 3
LOCAL
4 5
DEVELOPMENTS
Situated at the heart of an area of intense
economic investment and activity
An estimated £5 billion is being invested
in developments across the Borough
6 7 8LO CA L D EV E LO PM E N TS Ealing Broadway is subject to significant investment with a number of new ambitious
development projects being brought forward. The range of commercial, residential
and leisure related developments being brought forward has also attracted a number
of retailers, restaurants and businesses moving into the area.
D I C K E N S YA R D
PERCEVAL HOUSE > Construction complete MADEL E Y R O A D
> 698 residential units and 8
> Environmental Impact Assessment
submitted approximately
> 500 new homes, new Council office 100,000 sq ft commercial floorspace
and new library > Averaging in excess of £1,000 psf
EXCHANGE PLAZA > Developer: St George 7
> Developer: Galliford Try
> Planning permission granted for a new Partnerships and Ealing Council
170,000 sq ft Grade A office building
> Developer: CEG
EALING SQUASH CLUB
EALING CROSS
6 > Planning permission for U X B R I DG
> Construction complete 50 residential units E R
> 135,000 sq ft Grade A office > Developer: Kebbell OAD
accommodation Development Ltd
> Achieving rents in excess of £35 psf
> Developer: Standard Life 4
Developments
ET
STRE
HIGH
D W AY
E A L I N G B R O A D WAY
ROA
NEW B
2 STATION
5
> Station improvements
3 > Elizabeth line
1
Sandringham
FILMWORKS
> Under construction
109 UXBRIDGE ROAD > New cinema and retail, plus 209
Mews
> Planning permission for new residential units
97-bed hotel with basement parking > Averaging in excess of £1,000 psf
> Developer: JMK Group > Developer: St George
SM
Not to scale and shown for illustrative purposes only.
10/11DESCRIPTION
• The site extends to c. 1 acre (0.41 ha) N
• Currently accommodates 13 retail units and a public house arranged over lower
ground, ground and part first floor, comprising an overall area of 34,246 sq ft
(NIA), of which 19,742 sq ft is at ground floor
• The upper floors of units 15-19 New Broadway comprise residential
accommodation that has been sold off on long leaseholds
• Along the High Street, there is additional vacant space on the 1st, 2nd and 3rd
floor which extends to a total of 23,713 sq ft
• Northern car park comprises 39 car parking spaces
• Southern car park comprises 22 car parking spaces
• The property benefits from access rights over Sandringham Mews, which is
outside of the ownership for sale
• The site is adjacent to a substation, held freehold by Southern & Scottish
Electric Networks
1.00 0.41 13 1 58k 61
acre hectares retail public sq
ft of existing car parking
units house accommodation spacesT H E S I T E C U R R E N T L Y C O M P R I S E S A R E T A I L P A R A D E F R O N T I N G T H E H I G H S T R E E T,
W I T H P U B L I C C A R PA R K S B E H I N D.
SM
12/13PLANNING
THE SITE FALLS WITHIN THE JURISDICTION OF THE LB OF EALING. THE SITE FORMS PART OF A WIDER SITE ALLOCATION
WITHIN THE LB EALING DEVELOPMENT SITES DPD (2013)
EAL5 – Sandringham Mews N
• The Site is included within a wider site allocated for mixed use development
Y
appropriate to the town centre with specific reference to residential and D WA
B R OA
NEW
student accommodation
• The allocation states ‘Development presents an opportunity to enhance the
townscape while making more efficient use of the site through additional
floorspace and introduction of different uses appropriate to the excellent
PTAL’
Montagu Evans Town Planning team have prepared a planning brief for the site,
which explores the development potential for the site as well as a review of current MM
EW S
GHA
D R IN
and emerging planning policy. SAN
BON
ET
• The planning history of the neighbouring sites shows the area has, and will
D ST
ST R E
continue, to undergo rapid change. These permissions provide precedent
REET
HIGH
for increased height / density and residential uses in the vicinity
• The site is previously developed land and is located in a highly sustainable
location where regional and local policy seeks to focus housing provision.
The redevelopment of the Site would therefore assist LB Ealing in meeting
their housing target and should be considered a prime location in which to
do so
• The site has a PTAL rating of 6a-6b and therefore considered to have
excellent transport links which is a significant material consideration in the
determination of potentially acceptable scale and quantum of development
• Prior approval was secured on 29 May 2019 for 42 residential units. The
approval would be a material consideration in the determination of future
applications and supports the principle of residential use on the site Sandringham Mews Allocation EAL5PERMITTED F I RST F LO O R
D EV E LO PM E N T SOWA EALING RUG
EXISTING
SCHEME
RESTAURANT STORAGE
GALLERY
40 sq.m 37 sq.m
44 sq.m
SECONDARY RESIDENTIAL ENTRANCE
UNIT 1 .04 UNIT 1 .09
Statio
UNIT 1 .01 UNIT 1 .06
1B2P
n8
1B2P 1B2P 1B2P
THE 37 sq.m 36 sq.m 35 sq.m
T DRAPERS ARMS 36 sq.m UNIT 1 .10
REE
Typ1
Typ1
Typ1
Typ1
Typ1
D ST 236 sq.m 1B2P
BON
Typ1 Typ1
Typ1
9
UNIT 1 .02 UNIT 1 .03 UNIT 1 .05 UNIT 1 .07 UNIT 1 .08 51 sq.m UNIT 37
THE PROPERTY HAS RECEIVED PRIOR 1B2P
32 sq.m
1B2P
32 sq.m
1B2P
32 sq.m
1B2P
35 sq.m
1B2P
43 sq.m
UNIT 34
APPROVAL FOR THE CHANGE OF USE OF
6
N
IO
AT
PART OF FIRST, SECOND AND
EV
EL
HIGH STREET
THIRD FLOOR TO ACCOMMODATE
42 PRIVATE RESIDENTIAL UNITS
S ECO N D F LO O R
0m 2m 5m 10m 20m 50m
Accommodation Schedule Revisions Notes Client
Ealing_CityTrust
Project Project
Number
THE DRAPERSARMS 1 Bed 2 PersonApartment SiteBoundary SandringhamMews 083
N
SOWARESTAURANT CommunalSpace
Unit Type No. of Units sq ft sq m EALING RUG GALLERY Drawing
Title
PermittedDevelopment
Information containedwithinthisdrawingis thesolecopyright
ofOWALArchitects EXISTING UPPER FLOORS
Ltd. andis nottobe reproduced withoutexpresspermission
. No impliedlicence
ProposedFirstFloorPlan
exists.Thisdrawingnottobe usedforlandtransfer orvaluation purposes. All
dimensions& levelsaretobe checkedonsitebythecontractor . Issuedforpurposes
indicatedonly.Drawingerrors andomissionstobe reportedtothearchitect .
UNIT 2.01
1-Bed Flats 41 15,478 1,438 1B2P
46 sq.m
2-Bed Flats 1 624 58 Typ1
Total 42 16,102 1,496
Statio
UNIT 2.02
UNIT 2.05 UNIT 2.08 UNIT 2.11 UNIT 2.14
n8
1B2P 32 sq.m
1B2P 1B2P 1B2P 1B2P
32 sq.m UNIT 2.07 32 sq.m UNIT 2.10 UNIT 2.13
32 sq.m 32 sq.m UNIT 2.16
1B2P 1B2P 1B2P UNIT 34 UNIT 35 UNIT 37
34 sq.m 1B2P
UNIT 2.03 UNIT 2.04 35 sq.m 34 sq.m 45 sq.m
Prior to the commencement of the development, 1B2P 1B2P
UNIT 2.06
1B2P
UNIT 2.09
1B2P
UNIT 2.12
1B2P
UNIT 2.15
1B2P
34 sq.m 36 sq.m
there is a requirement to enter into a Unilateral 32 sq.m 32 sq.m 32 sq.m 32 sq.m
Undertaking with LB Ealing in respect of a £50,000
transport contribution towards pedestrian and cycle
improvements and the delivery of 2 x blue badge
HIGH STREET
parking spaces.
Application Reference: 191685PAOR
7
Plans not to scale and shown for illustrative purposes only.
0m 2m 5m 10m 20m 50m SM
Revisions Notes Client
14/15
Ealing_CityTrust
Project Project
Number
EXISTING UPPER FLOORS 1 Bed 2 PersonApartment SiteBoundary SandringhamMews 083
N
CommunalSpaceRESIDENTIAL
R E D EV E LO PM E N T P OT E N T I A L
The site presents an outstanding redevelopment opportunity. Owal Architects have prepared a feasibility study
for the site to ascertain potential capacity on the basis of a comprehensive new build development.
• The proposed scheme comprises a total of 144 residential units, 3,169 sq m (34,111 sq ft) of commercial uses
plus associated back of house facilities
• The proposal encompasses two separate blocks of development situated within the northern and southern
parcels of the site
• The northern block is a residential block with a total 27 residential flats over ground to fourth floor.
The block is uniform, with a setback provided at fourth floor
• The southern plot is set over basement, ground and eight upper floors, and comprises 117 residential flats
with basement and ground floor commercial
• The height of the indicative proposals take account of the nature of the surroundings and takes precedent
from the new developments such as Filmworks and Dickens Yard. Height is staggered upwards from a low
point at the southern end fronting onto Ealing Green, up towards the northern element of the site
• The proposed scheme provides an increased quantum of commercial floorspace, incorporating 3,169 sq m
(34,111 sq ft) within the scheme
• Further opportunity for density and massing could be explored with the incorporation of the substation
into the site, subject to the necessary third party agreements
• An additional feasibility study has been carried out for a new build commercial scheme, comprising
15,444 sq m (166,237 sq ft) NIA of office and retail accommodation plus associated back of house facilities
144 3,169
Residential sq m (34,111 sq ft) Cycle Development height:
SOUTH
EALING
flats in total of commercial space parking 30.3 metres
Further details of both schemes can be found in the Data Room.LING
T
BLOCK A
40.79
REET
NEW
D ST
BON
B
ROA
DWA
M EWS
AM 2
NGH BLOCK
Y
D R I
T
SAN TMEN
R
APA
BLOCK B
SAN
DRI
N
GHA
M MEW
S
SANDRINGHAM MEWS APARTMENT BLOCK 1
HIGH STREET
Artists impression looking south east
34.34
SM
16/17 BR E
OA A
DW ES G
EALI
T
N
Artists impression looking north along
Ealing High Street
40.79
EET
NEW
R
D ST
BON
B
ROA
DWA
S
M MEW 2
GH A CK
Y
N D RIN T BLO
SA EN
P A RTM
A
SAN
DRI
NG
HAM
MEW
S
SANDRINGHAM MEWS APARTMENT BLOCK 1
HIGH STREET
34.34SANDRINGHAM
MEWS
R E D EV E LO PM E N T
A C C O M M O D A T I O N SMASTERPLAN
CHEDULE
WES G
BLOCK A sq ft BLOCK B sq ft
EALI
T
Floor Studio 1-Bed Flat 2-Bed Flat 3-Bed Flat Residential NSA Retail NIA GIA Floor 1-Bed Flat 2-Bed Flat 3-Bed Flat Residential NSA GIA
N
Basement 11,969 17,394 GF 3 2 1 6,265 7,363
GF 13,423 23,304 1F 3 2 1 4,144 5,081
1F 3 4 9 2 11,754 15,780 2F 3 3 0 3,940 4,876
2F 3 4 9 2 11,754 15,780 3F 3 3 0 3,940 4,876
3F 3 4 9 2 11,754 14,962 4F 1 0 2 2,508 3,251
4F 3 4 9 2 11,754 14,962 Total 13 10 4 20,797 25,447
5F 1 6 10 0 10,936 14,090
6F 3 5 7 0 9,257 12,023
7F 1 3 2 2 5,511 7,481
8F 0 1 3 1 3,498 5,296
9F 1,345
Total 17 31 58 11 76,218 142,417
40.79
RE ET
NEW
D S T
BON
BRO
ADW
M EWS
AM
AY
2
R I NGH BLOCK
D T
SAN TMEN
R
APA
SAN
SM
DRI
BR E
OA ALIN
Ealing High Street elevation
N
GHA
18/19
DW G
MM
A
EWO F F I C E R E D EV E LO PM E N T
SCHEME !"#$%&'(")
The site is well located to take advantage of a burgeoning local office market. Within striking distance of the
traditional Uxbridge Road, the site is in fact closer to Ealing Broadway station, local retail amenities and the
attractive green space provided by Ealing Green.
OWAL have developed a massing study which provides a total NIA of 166,237 sq ft. Key features include:
• Two grade A self-contained stand-alone office buildings (one above retail), subject to securing VP of the
LIN
G
whole site EA
ST
WE
• Scope to create an attractive arrival experience into the new development, via architectural ‘’gateway’’
entrance in Sandringham Mews
N
• Prominent reception with dual aspect position adjacent to Sandringham Mews entrance
• Potential for flexible integrated co-working offices and retail/cafe uses at ground floor
• Designed to allow flexible unit sizes to accommodate a multi-let disposal strategy,
with floors/units from 1,800 to 18,000 sq ft
• Large landscaped terraces to upper floors offering ‘’in demand’’ outside space
• Impressive central atrium delivering excellent natural light to
all lower office floors
• Sufficient ancillary space to accommodate a
generous provision of cycle storage,
showers and lockers
SOUTH EALING
AY
DW
A
O
BR
G
P R O P O S E D O F F I C E S C H E M E L AY O U T
N
LI
EAG RO U N D F LO O R
Location Key Key
Retail Unit
Office Space
Reception
Plant / Ancillary
Office Entrance 2 Office Entrance 1
F I RST F LO O R
Key
Retail Unit
Office Space
Location Key
Plans not to scale and shown for illustrative purposes only.
SM
20/21THIRD FLOOR
T H I R D F LO O R
Key Location Key
Office Space
FIFTH FLOOR
F I F T H F LO O R
Key Location Key
Office SpaceEIGHTH FLOOR
E I G H T H F LO O R
Location Key Key
Office Space
Plans not to scale and shown for illustrative purposes only.
A C C O M M O D AT I O N S C H E D U L E
BLOCK 1 BLOCK 2
Floor Office GIA Office NIA Retail GIA Retail NIA GIA NIA Floor Office GIA Office NIA Retail GIA Retail NIA GIA NIA
Basement 11,593 11,420 5,791 5,484 17,384 16,904 Basement - - - - - -
GF 5,907 5,021 16,587 15,982 22,494 21,003 GF 5,608 4,767 - - 5,608 4,767
1F 21,851 18,573 - - 21,851 18,573 1F 5,608 4,767 - - 5,608 4,767
2F 21,076 17,914 - - 21,076 17,914 2F 5,608 4,767 - - 5,608 4,767
3F 16,652 14,154 - - 16,652 14,154 3F 5,403 4,593 - - 5,403 4,593
4F 16,652 14,154 - - 16,652 14,154 4F 3,477 2,955 - - 3,477 2,955
5F 15,080 12,818 - - 15,080 12,818 Total 25,704 21,849 - - 25,704 21,849
6F 13,466 11,446 - - 13,466 11,446
7F 9,526 8,097 - - 9,526 8,097 BLOCK 3
8F 6,609 5,618 - - 6,609 5,618
9F 2,120 1,802 - - 2,120 1,802 Floor Office GIA Office NIA Retail GIA Retail NIA GIA NIA
Total 140,532 121,017 22,378 21,466 162,910 142,483
Basement - - - - - -
GF - - 635 635 635 635
(All figures shown in sq ft)
1F - - 635 635 635 635
2F
Total
-
-
-
-
635
1,905
635
1,905
635
1,905
635
1,905
SM
22/23GOAD PLAN N
TENANCY SCHEDULE
Property / Unit Use Floor Area Tenant Lease Start Lease End Break Option 1954 act Rent Review Annual Rent
(sq ft) (exc VAT)
Sandringham Mews Car Park Car Park - Castle Car Park 23 April 2020 22 April 2025 Mutual rolling break from Outside N/A £70,833.30
Management Limited 30 April 2021 on six months’ notice.
23-25 High Street (Bsmt, Grd, 1st flr) Retail 9,818 Ind Coope 24 March 1995 23 March 2040 None Inside 5 yearly £170,000
(Oxford & West) Ltd upwards only
26 High Street, Ealing (Grd flr) Retail 933 Yuzu Hair Ltd 6 September 2019 5 September 2024 Mutual rolling break on 6 months notice, Outside None £30,000
with a break date no earlier than 30 June 2021.
27 High Street, Ealing - Shop (Grd flr) Retail 968 RSPCA 17 May 2013 16 May 2023 N/A Inside N/A £45,750
28 High Street, Ealing Retail 4,768 Bravissimo Ltd 24 June 2002 23 June 2021 None Inside N/A £0
(part Grd flr at 29 and Bsmt at 26 - 29)
29-30 High Street, Ealing (Grd & part Bsmt) Retail 2,861 Wholefood Organic 29 September 1997 28 September 2022 None. In default. Inside N/A £73,750
31-33 High Street, Ealing (Bsmt & Grd flr) Retail 9,511 Mokka Ltd 31 July 2019 30 July 2024 Landlord rolling break on 9 months notice, Outside None £75,000
with a break date no earlier than 30 June 2021.
34 High Street, Ealing (Glr flr) Retail 1,194 Mr Saeed Chalabi 12 February 2020 11 February 2025 Landlord rolling break on 6 months notice, Outside None £30,000
with a break date no earlier than 30 June 2021.
35 High Street (Grd flr) Retail 821 Vacant N/A N/A N/A N/A N/A N/A
37 High Street, Ealing (Grd flr) Retail 649 Mr Sarb Rai 29 September 2020 18 October 2024 Landlord rolling break on 6 months notice, Outside None £30,000
with a break date no earlier than 30 June 2021.
37 Rear High Street, Ealing (Gld & 1st flr) Retail 466 Vacant N/A N/A N/A N/A N/A N/A
24- 37 High Street, Ealing (1st, 2nd & 3rd) Offices 23,713 Vacant N/A N/A N/A N/A N/A N/A
38 High Street, Ealing (Grd) Retail 820 Suitable Lifestyle 8 October 2020 7 October 2021 Mutual rolling break from 9 March 2021 Outside None £12,000
Solutions Ltd on four weeks’ notice.
38A High Street, Ealing Residential 1,090 Vacant N/A N/A N/A N/A N/A N/A
15 New Broadway Ealing (Grd) Retail 959 Jayeshkumar 1 January 2019 31 December 2020 None Outside None £38,000
Satyavrat Patel
17-19 New Broadway Ealing (Grd) Retail 1,967 Flash Retail Limited 19 October 2020 18 October 2021 Mutual rolling break on four weeks’ notice, with Outside None £52,000.00
a break date no earlier than 23 January 2021.
Flats 1 - 9, 15-19 New Broadway, Ealing Residential N/A Ground Rent 1 August 2006 31 July 2105 None N/A None £1,350
60,538 TOTAL £627,333
SM
24/25THE EALING THE EALING
RESIDENTIAL MARKET OFFICE MARKET
Named “Queen of the Suburbs” due to its tree-lined streets of Victorian and Ealing forms part of the wider West London office market which includes
Edwardian houses, Ealing is a sought-after area to both live and work and is Wimbledon, Chiswick, Hammersmith and Richmond. The area’s excellent
relatively affordable when compared to neighbouring markets. connection links and leafy environment mean it is becoming an increasingly
attractive destination for office occupiers who are seeking more affordable
The borough boasts a wealth of amenities with a total of 17 ‘Outstanding’ rents compared with the aforementioned surrounding areas. New development
primary schools, 225 restaurants and cafés, and 1,076 shops. Ealing’s existing, within Ealing has been fairly restricted in recent years with the likes of Ealing
excellent transport links will be further bolstered by the arrival of the Elizabeth Gateway, Aurora and Ealing Cross comprising the main new build stock.
line in 2021.
However, whilst there is currently no significant new office space under
construction in Ealing, new office accommodation in the pipeline such as the
170,000 sq ft Exchange Plaza is likely to be bolstered by others, particularly
once Crossrail has arrived. Recent years have witnessed new office development
and strong rental growth off the back of Crossrail in areas such as Maidenhead,
16% £458k
Slough and Reading, and we would expect Ealing Broadway to follow suit.
Crucially, a growing office market, combined with the arrival of Crossrail, will
mean occupiers will continue to be drawn to the area, increasing demand for
both office and residential accommodation.
House price growth Average
over the last 5 years house price
Price (per sq ft)
£70.00
£1,647 11% Average House price growth
£60.00
£50.00
rent pcm 5 year forecast £40.00
569 587
£30.00
£20.00
£10.00
Units currently under Units with full planning
construction in the W5 postcode granted in the W5 postcode
£0.00
Hammersmith White City Chiswick Wimbledon Richmond EalingFURTHER
I N F O R M AT I O N
TENURE
The site is for sale freehold.
The site is held under a number of freehold titles, full title
documentation is available in the data room.
VAT
Some of the building is elected for VAT, please refer to the data room for details.
EPC
EPC’s applied for and will be available in the dataroom or on request.
METHOD OF SALE
The property is for sale by way of informal tender.
We are instructed to seek offers for the freehold interest in the property.
DATA ROOM
Full property and technical information is available in the data room.
Access available upon request.
SM
26/27PRICING Unconditional offers in excess of £20,000,000 invited for the Freehold interest. The property is held under a number of titles, all of which are in the freehold ownership of the vendor. The property is to be sold as an asset sale. C O N TA C T Viewings are strictly by appointment only. Please contact the selling agents below to arrange inspection of the building. Montagu Evans Bray Fox Smith Simon Rogers Rob Skioldebrand T: 07795 636858 T: 07769 725412 E: simon.rogers@montagu-evans.co.uk E: robertskioldebrand@brayfoxsmith.com Sophie Wellesley-Wood Rob Bray T: 07392 139433 T: 07768 800280 E: sophie.wellesley-wood@montagu-evans.co.uk E: robbray@brayfoxsmith.com Max King Scott Helyer T: 07818 012409 T: 07808 479345 E: max.king@montagu-evans.co.uk E: scotthelyer@brayfoxsmith.com DISCLAIMER: Montagu Evans & Bray Fox Smith on their behalf and for the Vendors or Lessors of this property whose Agents they are, give notice that: 1. These particulars are set out as a general outline only for guidance to intending Purchasers or Lessees, and do not constitute any part of an offer or contract. 2. Whilst Montagu Evans & Bray Fox Smith uses reasonable endeavours to ensure that the information in these particulars is materially correct, any intending Purchasers, Lessees or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection, searches, enquiries, surveys or otherwise as to their accuracy. Montagu Evans & Bray Fox Smith as such cannot be held responsible for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss of profits resulting from direct or indirect actions based upon the content of these particulars. 3. No person in the employment of Montagu Evans or Bray Fox Smith has any authority to make any representation or warranty whatsoever in relation to this property. 4. Unless otherwise stated, all purchase prices and rents are correct at the date of publication and, unless otherwise stated, are quoted exclusive of VAT. Lease details and service ground rent (where applicable) are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. October 2020.
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