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CGI of 340a Clapham Road development.

CGI of 340a Clapham Road development.

19.10.2018 regal-london.co.uk

340a Clapham Road

Address:
340a Clapham Road, London SW9 9AJ
Type:
Mixed use
Completion:
2021
Flats:
62
Offices:
1
Viewed:
733

Description of 340a Clapham Road

340a Clapham Road is a mixed-use development in Clapham, London SW9.

New Apartments For Sale
62 one, two and three bedroom apartments spread over nine floors. 12 Shared Ownership apartments.

Every apartment will benefit from a private balcony. Residents will have access to communal gardens and a roof terrace.

Commercial Space
The ground and lower ground floors will comprise approximately 18,250 ft² (GIA) of flexible B1/A1 commercial space.

Transport
Stockwell Underground Station just 0.2miles away, as well as Clapham North Underground Station and Clapham High Street Overground Station both within a short walk.

History

The site has been occupied by a HSS Tool Hire business. The existing building originates from the 1950’s.

2018 October - Developer Regal London, and joint venture partner KKR, a leading global investment firm, acquire the site. Upon completion, the total GDV of the scheme is expected to be in the region of £50million.

2017 June - Planning permission granted from London Borough of Lambeth. Team - Client Representative: Shaw Corporation, Architect: Sheppard Robson, Town Planning: Gerald Eve, Transport and Servicing: Caneparo Associates, Daylight / Sunlight: Chancery Group, Community Consultation: Your Shout, MEP Services, Energy and Sustainability and Structures: McBains Cooper, Landscape Design: Turkington Martin, Visuals: AVR, Basement Impact Assessment: Arup, Acoustic Consultant: Sandy Brown, Archaeology: MOLA, Air Quality Consultant: REC, Ground Conditions: RSK. Application Number: 16/06668/FUL.

Connected Companies

Developer:
Architect:
Developer:
Transport Consultant:
Archeology Consultant:
Acoustics Consultant:

News: (1)

Developer Regal London and global investment firm KKR have acquired a strategic new site at 340a Clapham Road in London SW9.

The site represents Regal London’s and KKR’s first development through their joint venture. Once complete, the total GDV of the scheme is expected to be in the region of £50million.

Simon De Friend, CEO, Regal London, commented:
“Ensuring that our sites are attached to wider areas of investment and regeneration is fundamental to our development strategy. 340a Clapham Road has the necessary infrastructure to support a thriving community. With the character and amenities of both Clapham High Street and Stockwell just a stone’s throw away, it is set to be a sought-after proposition for first time buyers and young professionals alike.”

Guillaume Cassou, Member and Head of European Real Estate at KKR, said:
“We are excited about our first transaction with Regal London, which comes at a time when London continues to require attractive and affordable housing, and builds on our strong track record of working with leading developers in markets around Europe.”

Christopher Shaw, CEO, Shaw Corporation Limited, added:
“Shaw Corporation Limited acting for the landowner, David Pearl’s Totsbridge Limited, secured planning permission for the redevelopment of this strategic site in June 2017 having worked collaboratively with the London Borough of Lambeth to achieve agreement on the mixed-use proposals. We are delighted that Regal London and its joint venture partner, KKR, will take this development forward and deliver our collective vision that completes the regeneration of this part of Clapham Road, providing new high-quality homes, including much needed affordable homes, and flexible workspace.”

Work is set to commence in H1 2019. Expected completion from late 2021.

KKR’s investment is being made through its Real Estate Partners Europe fund.

19/10/2018 16:04 by Buildington

*DISCLAIMER! Information on this page is for guidance only and remains subject to change. Buildington does not sell or let this property. For more information about this property please register your interest on the original website or get in touch with the Connected Companies.

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