171-173 Church Lane, Kingsbury, London NW9 8JS
Offers in excess of £450,000
Freehold Development Opportunity With Planning Permission
Planning permission for 6 x 2 bedroom apartments
Offers are invited in excess of £450,000
The existing property comprises of ground floor retail units with existing maisonettes above, which are sold off on 999 year leases. The rear of the commercial unit fronting Merley Court benefits from an implemented planning application to provide 6 x 2 bedroom self-contained flats in the airspace above with off street parking and cycle store.
The property is located in Kingsbury in North West London within the London Borough of Brent. Kingsbury is an up and coming area of London with substantial redevelopment taking place. The property is situated on Church Lane, which is a part residential, part commercial area with various shops, pubs and restaurants.
The nearest underground stations are Kingsbury (Jubilee Line) and Wembley Park (Jubilee & Metropolitan Line) with trains into London taking just 20 minutes. The M1 motorway is a 5 minute drive from Church Lane.
Please note: The planning permission is implemented for 8 units, the 6 which are for sale and 2 above an adjoining property. You will be offering on the freehold of 171 – 173 Church Lane and the planning permission for the 6 units above ONLY.
The property is subject to VAT and as such will be applicable regarding this sale.
The site is subject to a 106 contribution of £40,000.
Can be adequately made from the roadside in the first instance.
Offers are invited in excess of £450,000 for the vacant freehold interest.
For copies of the existing and proposed plans and decision notice, please contact a member of our team.
Please note the information provided by Highfield Investments London Limited, trading as Highfield Investments has been given in good faith, however all parties must undertake their own due diligence to satisfy themselves in regards to accuracy.