Bank of England – Sports Ground and The Grange

Tenure:
Longlease

Location:
London
Address:

Area:
1,219,680 Sq ft

Property Details

An exceptional opportunity to purchase a prestigious sports ground steeped in history.

On the instruction of the Bank of England, Gerald Eve are delighted to bring this renowned and historic site to the market for the first time in over 100 years. Totalling circa 28 acres in a highly sought-after south west London location, the opportunity currently comprises a range of leisure facilities and associated buildings set amongst open land and operating as a members only sports club. A separate, multi-tenanted office building is housed in The Grange, the Bank of England’s former records office.

The site provides a unique investment opportunity in its existing use, or alternatively presents a variety of redevelopment options for a range of uses, subject to obtaining the necessary permissions.

Further information can be accessed via the dedicated data room, access to which can be obtained by contacting Gerald Eve.

The data room includes additional information on:

  • Bid pro forma
  • Title summary
  • Environmental desktop study
  • EPC’s
  • Photography
  • Existing users
  • Planning summary
  • Measured plans and areas
  • Topographical
  • Asbestos register
  • Building survey
  • Utilities survey
More contacts

Leisure use enquiries:
Charles Wilford
+44 (0)207 333 6215
cwilford@geraldeve.com
Alex Kitts
+44 (0)203 486 3488
akitts@geraldeve.com

Planning and development enquiries:
Alex Gillington
+44 (0)207 333 6268
agillington@geraldeve.com

General enquiries:
Richard Robinson
+44 (0)207 653 6850
rrobinson@geraldeve.com
Mark Lethbridge
+44 (0)207 653 6833
mlethbridge@geraldeve.com

The surrounding area predominately consists of high-end residential dwellings interspersed with an abundance of green space including the Roehampton golf course adjacent, Palewell Park, Rosslyn Park, Richmond Park and Barnes Common are all within a short walk.

The upmarket residential areas of Barnes and the Upper Richmond Road provide a range of amenities including shops, pubs and restaurants, as well as a number ofschools, sports facilities and a popular weekly Farmers Market.

Property Size Sq Ft - Sq Ft

The site comprises a range of existing uses, with potential for a variety of alternative uses, subject to obtaining necessary consents. The site lies within the jurisdiction of the London Borough of Wandsworth. None of the buildings are listed or within a Conservation area. The site is designated as Metropolitan Open Land (MOL) and an archaeological
priority area.

The Sports Centre falls within D2 (Leisure) use. Planning permission was granted in 2004, 2007 and 2011 for additional extensions to the building. It would be suitable
for continued leisure use or for a range of alternative uses, subject to obtaining the necessary consents.

The majority of The Grange building is within class B1 (Office), with part ground floor as D2 (Leisure). Subject to the prior approval process, it may be possible to convert this building to residential via Permitted Development Rights.

A full planning summary is included within our data room.

Offers are invited for a long leasehold interest in the entire site, individual lots, or a combination of lots.