THE CONSENTED SCHEME

In 2017, The London Borough of Lambeth granted planning permission for the demolition of the petrol filling station to be replaced with 166 residential units across two 25-storey buildings, alongside the retention of the Vintage House warehouses as affordable housing, office space and a café.

Following planning permission being granted, Ocubis marketed the site extensively for around two years,but received limited interest from the market. Softening residential values, slow rates of sale and significant supply of new housing in the vicinity, including at The Corniche, The Dumont and Merano have all been factors which have prevented us from bringing forward the consented residential scheme.

As a result, we now believe that a different land use is needed to bring forward the delivery of development at the site.

Illustrations below showing the evolution of the consented scheme deisgn.