Retail (A class) development (2011/2012 – 2018/2019)
Monitoring changes in A5 Use Class
Use Class - hot food and takeaway.
Completions
In the period 2011-2018 there has been a net loss of around -140sqm of A5 floorspace through completions.
Overall there has not been any significant change recorded in the amount of A5 floorspace across the time period. In the financial year 2014/15 the completion of the redevelopment of 25 New London Bridge House (09/AP/0815) contributed 325 sqm net. In the financial year 2018/19 the completion of the redevelopment of the Land Adjacent to Lambeth College & Potters Fields (10/AP/1935) delivered 304 sqm net.
Table 11 - Net and gross completions of schemes involving A5 floorspace
|
Completions Over 0sqm |
Completions Over 1000sqm |
||
Year |
A5 (gross) |
A5 (net) |
A5 (gross) |
A5 (net) |
FY 2011/12 |
0 |
0 |
0 |
0 |
FY 2012/13 |
0 |
0 |
0 |
0 |
FY 2013/14 |
41 |
-4 |
0 |
0 |
FY 2014/15 |
325 |
123 |
0 |
0 |
FY 2015/16 |
0 |
-90 |
0 |
0 |
FY 2016/17 |
0 |
-205 |
0 |
0 |
FY 2017/18 |
0 |
-60 |
0 |
0 |
FY 2018/19 |
648 |
93 |
0 |
0 |
Total |
1,014 |
-143 |
0 |
0 |
Approvals
In the period 2011-2018 there has been a net gain of around 4,800sqm of A5 floorspace through approvals. Around 6% of applications involving A5 floorspace have expired over the last 10 years, this is a very low lapse rate of applications.
A significant proportion of the A5 floorspace in the pipeline has been contributed by the approval of Elephant Park (12/AP/1092) delivering 3,350 sqm net of A5 floorspace.
Dissimilar to completions, approvals over the period 2011-18 have resulted in a net gain of A5 floorspace. Approvals data shows that across the period, 3,350 sqm net of A5 floorspace will be delivered through one application proposing over 1000 sqm of A5 floorspace, whilst there is a net loss of -1,456 sqm net though applications proposing less than 1000 sqm of A5 floorspace.
Table 12 - Net and gross approvals of schemes involving A5 floorspace
|
Approvals Over 0sqm |
Approvals Over 1000sqm |
||
Year |
A5 (gross) |
A5 (net) |
A5 (gross) |
A5 (net) |
FY 2011/12 |
648 |
225 |
0 |
0 |
FY 2012/13 |
3,391 |
3,346 |
3,350 |
3,350 |
FY 2013/14 |
189 |
139 |
0 |
0 |
FY 2014/15 |
883 |
548 |
0 |
0 |
FY 2015/16 |
0 |
-125 |
0 |
0 |
FY 2016/17 |
192 |
103 |
0 |
0 |
FY 2017/18 |
739 |
520 |
0 |
0 |
FY 2018/19 |
103 |
50 |
0 |
0 |
Total |
6,145 |
4,806 |
3,350 |
3,350 |
Page last updated: 05 April 2023