4
gva.co.uk/8007 For Sale Acton Library High Street Acton London W3 6NA Development Opportunity A Bilfinger Real Estate company
gva.co.uk/8007
For Sale Acton Library High Street Acton LondonW3 6NA
Development Opportunity
A Bilfinger Real Estatecompany
Acton Library, High Street, Acton, London W3 6NA
LocationThe property is located on Acton High Street, at the junction with Winchester Street. It is part of a set of historic civic buildings including the Town Hall, swimming baths and Magistrates’ Court, which is sometimes known as the Redbrick Quarter due to their distinctive appearance.
Acton High Street is home to a variety of amenities including restaurants, cafes and public houses, as well as numerous shops. Winchester Road is typical of the streets which surround the High Street being a largely residential street of terraced period properties. Above shop front level, the High Street is mainly comprised of attractive period buildings. The Oaks Shopping Centre is a short walk from the property.
Acton is located in an attractive part of West London. Chiswick High Road lies approximately 1.7 km (1.1 miles) to the south. Westfield Shopping Centre and Shepherd’s Bush is approximately 4.3 km (2.7 miles) to the east, and is easily accessed by the Uxbridge Road (A4020).
The property has easy access to the A406 (North Circular) which is 1.7 km (1.1 miles) away, and the A40 which is 3.8 km (2.4 miles) away, giving access to central London, the M25 and M40.
The closest station is Acton Central which is 0.6 km (0.4 miles) away (approximately 7 minutes’ walk). Acton Central provides access to the London Overground service and is one stop from Willesden Junction interchange. Acton Town Station is 1.1 km (0.7 miles) away (approximately 13 minutes’ walk), providing access to the District and Piccadilly London Underground lines.
In addition to train services, a large number of day and night buses to a variety of destinations serve Acton High Street.
DescriptionActon Library is a very attractive Grade II listed red-brick property with an ornate façade fronting Acton High Street (A4020). It was designed by Maurice Bingham Adams and constructed in 1898-1900. It currently consists of two storeys with part third storey. To the rear of the property there is a passageway and outside storage area. To the side of the property adjacent to Winchester Road is a small area of external space which is included in the sale.
Internally, the building offers generous, regular-shaped floorplates, with numerous large windows giving excellent natural light.
The entire site area is approximately 535 sq m (5,758 sq ft).
The OpportunityActon is a vibrant area with a thriving population. The building has potential for conversion and possibly extension subject to the necessary planning consents, and would be suitable for a number of uses given its prime location on the High Street, and its close proximity to residential areas. The area is seeing significant investment and regeneration, demonstrated by the examples below:
• The Acton Town Hall and Swimming Baths complex, located opposite the site are currently undergoing comprehensive refurbishment to create new swimming baths, library, civic space, gym and homes. The swimming baths, gym and library have already opened following a £19m redevelopment. The former Magistrates’ Court has been converted into residential accommodation and the former Town Hall is also in the process of being sold for residential development. The former community centre has been redeveloped as a new school.
• The Oaks Shopping Centre is also extremely close by, and this has planning permission for redevelopment. We understand that the developer is in discussion to secure Waitrose as the anchor tenant.
Development Opportunity• Long leasehold site for sale by
informal tender
• Prominent location in Acton town centre
• Attractive listed building
• Potential for conversion subject to necessary planning consents
• Total site area of approximately 535 sq m (5,758 sq ft)
• GEA: 1,217.6 Sqm (12,137 Sq ft)
• GIA: 1,034.2 Sqm (11,132 Sq ft)
gva.co.uk/8007Drawn by Mark IslesLondon Borough of EalingPerceval House14-16 Uxbridge RoadEaling W5 2HL.
Reproduced from the Ordnance Survey mapping with thepermission of the controller of Her Majesty's StationeryOffice. Crown Copyright. Unauthorised reproductioninfringes Crown Copyright and may lead to prosecution orcivil proceedings.
Licence No. LA100019807 2013
Scale 1:250N
Crown Copyright c 2014
19 May 2014Acton Library Title Map
Physical building footprint
External areas included
• Acton is a desirable housing location. The South Acton Estate approximately 0.5 kilometres away is currently being redeveloped with private sale apartments by Countryside Homes. M & G has recently announced that it plans to develop 152 new private rental units in Acton.
TenureThe building is available with vacant possession since the library has been relocated to new premises in the redeveloped swimming baths.
The site is to be sold long leasehold with a term of 250 yrs. For a full Report on Title, please refer to the GVA marketing website gva.co.uk/8007
Property ConditionThe property was in use as a library until earlier this year (2014). A full structural survey and asbestos survey have been undertaken and can be found on the GVA marketing website. http://www.gva.co.uk/8007
PlanningPlease refer to the Planning Statement for further information which can be downloaded from the GVA website http://www.gva.co.uk/8007
ServicesProspective purchasers should make their own enquiries regarding the presence, size and capacity of services from the relevant statutory authority.
VATThe London Borough of Ealing has elected not to charge VAT on the property.
ViewingViewings are by appointment only as the building has property guardians living there. If you wish to arrange a viewing please contact one of the GVA team below.
Method of SaleThe property is to be sold by informal tender, with either unconditional or conditional (subject to planning) offers invited.
The deadline for offers is 13:00 on 30 September 2014.
All offers in writing should be addressed to:-
Emma WyburdGVA10 Stratton StreetLondonW1J 8JR
Or e-mailed to: [email protected]
Offers should specify the purchase price, timings associated with the purchase, any conditions or due diligence associated, confirmation of funding and name of the solicitor dealing with the purchase. The vendor reserves the right not to accept the highest or any of the offers received.
Guide PriceThe Council is not guiding on price, but is open to offers on a variety of bases, including PRS and/or joint venture arrangements.
ContactFor further information please contact:
Emma WyburdT: 020 7911 2122E: [email protected]
Oliver MauryT: 020 7911 2746E: [email protected]
GVA Grimley Limited Conditions under which Particulars are issued GVA Grimley Limited for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are, give notice that:1.) The particulars are set out as a general outline only for the guidance of intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. 2.) All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. 3.) No person in the employment of GVA Grimley Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. 4.) All rentals and prices are quoted exclusive of VAT. Reproduced by courtesy of the Controller of HMSO. Crown Copyright reserved. Licence No 774359. If applicable, with consent of Chas E Goad, Cartographers, Old Hatfield, Geographers A-Z Map Co Ltd and/or The Automobile Association. For identification purposes only. July 2014
08449 02 03 04gva.co.uk/8007
For further information or an appointment to view please contact
Emma Wyburd020 7911 2122
@gva.co.uk
Oliver Maury020 7911 2746
London West End
London City
Belfast
Birmingham
Bristol
Cardiff
Dublin
Edinburgh
Glasgow
Leeds
Liverpool
Manchester
Newcastle
Published by GVA10 Stratton Street, London W1J 8JR©2014 Copyright GVA
GVA is the trading name of GVA Grimley Limited and is a principal shareholder of GVA Worldwide, an independent partnership of property advisers operating globally gvaworldwide.com
