Rates Payable Upon Enquiry

Description

The Alfa Laval Tower lies within the wider Alfa Laval site, which has now almost been built out with the exception of the consented office scheme. The property has been vacant since 1996 and has solely been used for advertising with large fixed banners attached to the western elevation of the building fronting the M4/Great West Road. The building itself comprises a 1960’s concrete frame construction extending to 12 storeys above basement. The basement includes a car park providing access to the adjoining Premier Inn. The tower is in shell condition and has been prepared for demolition. The total Gross Internal Area (GIA) of the building comprises approximately 6,226 sq m (67,017 sq ft) of former office accommodation.

REDEVELOPMENT CONCEPT

Our clients have commissioned a density design scheme which considers maximising the site for redevelopment to incorporate an element of retail, showroom and residential. The images and narrative are provided for guidance and indication purposes only and do not form part of any contractual obligation on behalf of our clients. Purchasers must make their own representations to the Local Authority.

DEVELOPMENT POTENTIAL

The property is located in the London Borough of Hounslow and currently benefits from a site allocation for mixed use development alongside the wider Alfa Laval site. The majority of the wider site has been redeveloped, with the exception of the Alfa Laval Tower and the consented office scheme identified as number 2 on the image. The Tower was last occupied in 1996. The building forms part of a wider site that has undergone extensive redevelopment and regeneration and includes residential uses and a hotel. Planning permission 00505/Z/P33 dated 25/11/2009 included refurbishment of the Alfa Laval Building for use as a 180-bed hotel together with office, hotel, community and residential development.
Planning permission 00505/Z/P36 included a new car showroom comprising the conversion of the existing tower and delivery of two new podiums flanking it to the east and west to provide for ancillary facilities, car parking, MOT testing, repair and servicing. Works to implement that consent had commenced and a number of the planning conditions were discharged. The works were subsequently paused. The site occupies a prominent position along the A4 and, as such, has a long history of Advertising Consents. Advertisement Consent for a 165sqm (14.32m high by 11.52mwide) static LED advertising board along the western side of the building which was granted at appeal. The permission remains live until 15th January 2043 (25 years). More recently application 00505/Z/AD50 comprising an externally illuminated advertisement measuring 27m wide x 17.5m high set within an art deco shroud design on the west elevation of the tower building was approved for a 24-month period (from 01 January 2022 to 31 December
2023). An application to extend this for a further two years was refused as was a subsequent appeal. (00505/HB/AD1) which was dismissed in May 2024, although the dismissed appeal is currently subject to legal challenge. There may be an opportunity as part of any redevelopment scheme to accommodate additional height on the site, subject to the quality of architectural design and detailed testing to ensure that proposals accord with tall building design criteria and would not create an unacceptable relationship with the surrounding area.
The emerging Hounslow Local Plan 2020-2041 has reached Regulation 19 (Pre-submission) stage and was subject to consultation in October 2024. The emerging plan is seeking to set overall parameters on building heights in consideration of wider townscape and heritage issues, and will be subject to examination during 2025. The vendors have made representations to the Hounslow Local Plan in support of the Alfa Laval site. Further information on the local plan process can be found at: https://www.hounslow.gov.uk/info/20167/local_plan.

FLAGSHIP DEALERSHIP CONCEPT

- Flagship dealership with 30,784 sq ft (2,860 sq m) of showroom space and 12 service bays
- Vehicle storage on floors 5 to 9, VIP showroom and café areas on the top floors

TENURE

The property is registered with the Land Registry under title number AGL329149 and the freehold interest is available for sale, which includes the Alfa Laval Tower site and service roads. The sale also comprises the basement car park and there is shared access to this basement with the adjacent Premier Inn hotel. We understand that the hotel benefit from 53 car parking spaces within this basement area at a peppercorn rent on a 25 year term.
Further information is provided within the data room. Purchasers should rely on their own enquiries for all title matters.

INVESTMENT INCOME OPPORTUNITY

Given the prominent location of the site, additional revenue from a digital advertising hoarding could be available subject to obtaining necessary consent.

BIDDING INFORMATION

The entire site containing Alfa Laval Tower is available by way of a freehold sale with vacant possession of the tower site.

DATA ROOM

We have produced a comprehensive technical and legal pack, which can be accessed on request and includes the following:
Title Summary
Planning Summary
Technical Surveys
Management Information

VAT

The site has been elected for VAT and therefore VAT will be payable on the purchase price.

ANTI-MONEY LAUNDERING

In accordance with Anti-Money Laundering requirements, two forms of identification will be required from the purchaser or tenant and any beneficial owner together with evidence/proof identifying the source of funds being relied upon to complete the transaction.

PARTICULARS AND TERMS

These particulars and terms are issued by the agents on the understanding that any negotiations respecting the property mentioned are conducted through them, they do not constitute an offer and shall not be incorporated in any contract, either in whole or in part. Neither agents nor the vendors of the property shall be responsible for any inaccuracy whatsoever in the particulars and terms referred to, or any expense that may be incurred in visiting the property should it prove unsuitable or to have been let, sold or withdrawn. Applicants are advised to make an appointment
through the agents before viewing. Subject to contract. All figures quoted are exclusive of VAT. All measurements are approximate. December 2024.