Acquisition and Disposal of Land

The City and County of the City of London-0.09332351.517223EC2V 7BPThe London Borough of Redbridge0.03304051.576089E11 2JE0.02539451.573236E11 2NG2014-10-02EC2V7BPE112NGE112JETSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk220451261007

NOTICE FOR THE PURPOSE OF THE CRICHEL DOWN RULES

PROPOSED DISPOSAL OF THE FOLLOWING PROPERTIES (“THE LAND”):

LAND ADJACENT TO 1 & 2A ELM CLOSE, WANSTEAD, LONDON, E11 2JE

LAND AT SEAGRY ROAD (EAST), WANSTEAD, LONDON, E11 2NG

The Land has been declared surplus to requirements by Transport for London (“TfL”) and is being put forward for disposal. The Crichel Down Rules (“the Rules”) require Government Departments under certain circumstances to offer back surplus land to the former owner or successor in title or sitting tenant for sale at market value. Statutory bodies holding land that has been compulsorily purchased are recommended to follow the Rules and TfL has decided to do so in relation to the Land.

Under the Rules, former owners or their successors in title (or in priority to them, certain residential sitting tenants with long term security of tenure) may be entitled to purchase the land formerly in their ownership (or in the case of sitting tenants, the land comprising their dwelling) at current market value subject to certain exceptions set out in the Rules which may be of application. If these exceptions were to be applied then there would be no entitlement to purchase the land in question.

TfL considers that the Land falls within one or more the exceptions in the Rules and, therefore, it is not obliged to offer back any of the Land to the former owner or their successor in title.

If you are the former owner of the Land or their successor in title and you:

  • a consider TfL’s assessment that the Land falls within one or more exceptions in the Rules to be incorrect; and
  • b wish to purchase, at current market value, the land formerly in your ownership or in your predecessor in title’s ownership

please respond to this advertisement in writing within two months of the date of its publication explaining the grounds for your challenge to TfL’s assessment, setting out the basis for your claim that you are the former owner of the Land or successor in title to the former owner and confirming your intention to purchase the Land. If no such challenge to TfL’s assessment and notice of intention to purchase which qualifies under the Rules is received, TfL intends to sell the Land at the expiry of the two month period.

Former owners or their successors in title responding to this advertisement should do so in person or through their solicitors or agents by writing to:

George Unwin, BNP Paribas Real Estate UK, 5 Aldemanbury Square, London, EC2V 7BP