Assael Architecture has won planning for a ￡100 million residential scheme in west London.

The project will see a former light-industrial trading estate in Fulham, that was once used as stables for the horses that pulled London’s buses, transformed into a traditional square.

The 0.8ha site on Farm Lane will be filled with 40 townhouses on three sides around communal gardens. A locally listed Edwardian arched entrance and railings will be restored and retained on the fourth side.

Developer London Square described the design of the townhouses as a “contemporary interpretation of Georgian proportions” using stone and brick.

Adam Lawrence, chief executive of London Square, said: “Our inspiration came from Wellington Square, just off the King’s Road in Chelsea.  Assael’s design reflects the proportions of Wellington Square, with its four-storey terraced houses.”

Work will start on site in late summer 2012,  with completion due in 2015.

The back-street site is next to London’s only Michelin-starred pub, the Harwood Arms, and is yards from a bingo hall currently being converted into flats by CZWG.