£20.000.000
Confirmation
Prime freehold development opportunity
England, United Kingdom
Development
#12033
Value-Add, Opportunistic
27 Oct 2024
Property Details
Broker
Deactivated
58,000 sq.ft.
5,388 m²Gross area
344 £/sq.ft.
3,711 £/m²Freehold
144
Fees
Investment Overview
One acre mixed use investment opportunity with excellent development potential. An exciting freehold opportunity in a highly popular area of West London and a key Crossrail hub. The site is currently under-developed and represents an opportunity for significant redevelopment and additional massing. Architects have prepared a feasibility study for the site to ascertain potential capacity on the basis of a comprehensive new build development. The proposed scheme comprises a total of 144 residential units, 3,169 sq m (34,111 sq ft) of commercial uses plus associated back of house facilities. The proposal encompasses two separate blocks of development situated within the northern and southern parcels of the site. The site extends to approximately 1 acre (0.41 ha). It comprises public car parks, retail parade and vacant uppers.
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