Summary - TESCO SUPERMARKET, TOWN LANE TW19 7PZ
1 bed 1 bath Commercial Development
Large freehold plot with planning consent near Heathrow and Ashford Hospital.
Detailed planning consent for 127 residential units (123 flats, 4 houses)
A substantial 2.2-acre freehold development opportunity with detailed planning consent for 127 residential units (123 flats, 4 terraced houses), including 22 affordable rent units. The consent (Ref: 20/00802/FUL, granted March 2022) has been implemented and several conditions discharged; drainage works confirm commencement. The site is level, largely open and sits between an established residential area and a Tesco supermarket, with vehicular access via Town Lane.
Location is a primary strength for delivery and lettability: the site sits 2.6 miles from Heathrow and 150 metres from Ashford Hospital, offering clear rental demand drivers from airport employees, hospital staff and local services. The consent provides 127 parking spaces and buildings of 2–5 storeys, enabling a mid-rise modern residential scheme with communal amenity space already factored in.
Buyers should note material matters plainly: the area is classified as deprived with recorded high local crime rates, and some poor-quality single-storey buildings on site must be demolished prior to construction. The scheme includes 22 affordable rent units secured by legal agreement, which affects revenue mix and delivery obligations. Several planning conditions remain only partially discharged (notably conditions 20 & 22).
The vendor prefers unconditional bids and will assess proposals that increase affordable housing favourably. Sale is freehold with vacant possession; VAT may be applicable and each party bears its own legal costs. This is a ready-to-deliver development plot for an experienced purchaser prepared to manage local area challenges and deliver a mid-rise residential scheme close to major employment hubs.
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