Currently the land at Alperton is a large occupied industrial site of 6 acres which was established in 1931. When we were first introduced to this site in 2007, it was only partly occupied with large void areas. The low-income generation reflected the lack of any positive marketing to let this site. Once the site was purchased by us, we immediately appointed agents to attract new business to the site and then continued to manage it in a professional manner. By doing this, we were able to increase the income to the current net yield of 12%.
The development site at Alperton is included within the Housing Zone by the Mayor of London and is identified by the London Borough of Brent Core Strategy for mixed-use, residential-led regeneration within the Alperton Growth Area. In order to meet the UK wide demands of population growth and the resulting shortage of housing, Brent Council identified the land adjoining the canal in Alperton as a growth area which is suitable for the construction of new homes.
A full detailed planning application was submitted in December 2018 following numerous pre-application discussions with the Local Authority and other key stakeholders. The proposed mixed-use scheme was for 581 residential units, commercial floorspace and affordable workspace, spread between buildings ranging in height from three to fourteen storeys.
Planning was recommended for approval in Spring 2020 but refused at the Planning Committee. A revised application was then submitted after re-evaluating the Committee’s decision, which proposed the following:
- Demolition of the existing buildings and erection of a mixed-use development ranging in height from 3 – 16 storeys that will comprise of:
- 684 residential units
- Flexible commercial workspace
- Affordable workspace and community use floorspace
- Associated parking
- Soft landscaping and ancillary facilities
- Sustainability enhancements through the use of Green Roofs, SUDS and two new energy centres utilising Air Source Heat Pumps and PV Panels.
The application was approved by the Local Authority in early 2021 and will soon be submitted to the GLA for final approval.
Once Planning Permission has been approved, the development will take approximately 6 years to complete.