The property is located in Camberwell within the London Borough of Southwark, to the south of Central London bounded to the north by the River Thames. Camberwell is situated at the junction of the A215 and A202; nearby London suburbs include Lambeth, Stockwell, Brixton and Peckham approximately 2.5 miles south of Central London.
The A202 provides direct access into London’s West End within 3 miles; to the east it connects with the A2, Old Kent Road. The nearest railway station is Denmark Hill which provides direct access into Central London’s Victoria and London Bridge stations. The nearest Underground Station is Oval (1.4 miles) which provides access onto the Northern Line.
Planning consent was granted in February 2018 permitting: “the construction of an extension to the existing building located at 66 Wells Way to be used for B2/B8 and Sui Generis (Waste Transfer) Uses in connection with the existing use of the retained building.”
The property comprises a single storey detached industrial building originally constructed in the early 1970s providing a gross internal floor area of 11,600 sq ft. The structure is part concrete framed and part steel portal frame with brick elevations.
The entire property is let to PHS who also signed a pre-letting agreement to lease the extension property (8.600 sq ft) when built, to increase their occupation to 20,200 sq ft.
The extension property is a steel portal frame with a clear eaves height of 5.5m. As part of the construction works, the roof on the existing building is being replaced and all the elevations are being re-clad to match up with the cladding on the extension property.
Construction Commenced: June 2018
Appointed Contractor: Thomas Sinden Limited
Construction cost: £1.3m
Practical Completion: February 2019