Pinewood Garage

127 Brighton Road, Coulsdon

VIEW ALL OUR TRANSACTIONS

Summary

BHP was engaged by the Freeholders of the site to assist with evaluation to alternative land uses with an objective of securing a planning consent for the most valuable land use.

Through its retail agency contacts, a number of food retailers were identified with occupational requirements for Coulsdon.

A provisional agreement was in place with J Sainsbury’s, however, to facilitate the construction of a food store of sufficient size, agreement was required with both Network Rail and Malcolm King for land and access. In conjunction with J Sainsbury’s, negotiations were successfully concluded and a planning application submitted in joint names between the retailer and the land owner.

Mayoral approval was obtained prior to successfully securing a detailed planning consent.

Business Case

STRENGTHS

  • Site of over 1 acre
  • Town’s centre position adjacent to the town’s railway station

OPPORTUNITIES

  • To secure a food store on the site with a number of occupiers identified
  • To significantly increase the value of the site through a retail planning consent

WEAKNESSES

  • Sloping and triangular site
  • Frontage to the high street was the narrowest aspect of the site

THREATS

  • Any enlargement of the site would involve third parties
  • Access to the site for deliveries needed to come across a third party’s land holding

Location

Top