287-295 Willesden Lane, NW2 287-295 Willesden Lane, Willesden Green, London, United Kingdom NW2 5HY 287-295 Willesden Lane, NW2
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FOR SALE 287-295 Willesden Lane, NW2 287-295 Willesden Lane, Willesden Green, London, United Kingdom NW2 5HY 287-295 Willesden Lane, NW2 An opportunity to acquire these prominent buildings with development potential (STPP) An opportunity to acquire a mixed use site of 0.61 Price £8,000,000 (offers in acres set in a superior position in Willesden Green excess of) and within a very short walk of Willesden Green Station. Building type Land The site currently comprises: Secondary use Mixed use 10 flats (3 x 1 bed, 1 x 2 bed, 3 x studios, 3 x HMOs with 20 rooms in total). VAT To be confirmed Showroom/Workshop (7,409 ft2) Rear Workshop/Offices (7,246 ft2) Tenure Freehold Car parking for 24 cars. Deal type The residential accommodation is all let on ASTs and Development with income the commercial will be sold with vacant possession. There are a host of new build (subject to planning Marketed by: Dutch & Dutch permission) and asset management opportunities. For more information please visit: Offers are invited on an unconditional basis. https://realla.co/m/18639-287-295-willesden-lane-nw2- 287-295-willesden-lane 287-295 Willesden Lane, NW2 Mixed use site with residential, showroom, offices and car parking Existing income from AST tenants Significant re-development opportunity (STP) Asset management opportunity Close to Jubilee Line Station Adjacent to substantial Sainsbury's site To be sold as 3 freehold titles 287-295 Willesden Lane, NW2 287-295 Willesden Lane, NW2 287-295 Willesden Lane, NW2, 287-295 Willesden Lane, Willesden Green, London, United Kingdom NW2 5HY Data provided by Google 287-295 Willesden Lane, NW2 Units & availability Unit Floor Size sq ft Workshop Ground 3,886 Showroom (Upper Level) Ground 1,718 Vehicle Display Spaces Ground 161 Workshop Ground 3,852 Offices At Rear Ground 645 Showroom (Street Level) Ground 1,031 Workshop First 3,360 Total / Avg. 14,653 287-295 Willesden Lane, NW2 Location overview The site sits at the junction of Willesden Lane and Walm Lane and is a short distance from Willesden Green Station (Zone 2 - Jubilee line). Set amongst local occupiers such as Sainsbury's, Costa Coffee, Lloyds Bank, Pizza Hut, Ladbrokes and many independent retailers. Queens Park and Kensal Rise are within walking distance. Transport Exceptionally well connected with direct connections to key interchanges including Baker Street, Waterloo, London Bridge and Canary Wharf. Change at Finchley Road for Metropolitan Line trains to Kings Cross St Pancras for the Eurostar, and City destinations such as Moorgate and Liverpool Street. Airports London Heathrow 11.3m, London City 12.4m, London Luton 23.4m National rail Kensal Rise 0.9m, Brondesbury Park 0.8m, Cricklewood 0.9m Tube Willesden Green 0.2m, Kensal Rise 0.9m, Dollis Hill 0.7m Tenancy schedule Floor / Demise Tenant NIA (sq ft) Rent (p.a.) Comments Flat 1 - 287 Residential AST £10,392 1 bed with garden Flat 2 - 287 Residential AST £11,592 1 bed Flat 3 - 287 Residential AST £11,180 1 bed Flat 4 - 287 Residential AST £16,940 2 bed Ground Floor 289 Residential AST £29,092 3 x studio flats 1st/2nd Floor 289 Residential AST £29,352 HMO with 7 rooms 291a Residential AST £29,115 HMO with 6 rooms 291b Residential AST £31,200 HMO with 7 rooms r/o 295 Owner occupied, v... 7,246 £0 Car repair worksh... 291-295 Owner occupied, v... 7,409 £0 Showroom and ware... Leasing market There is currently (end 2017) significant demand for all types of commercial property. Showroom, retail and repair workshops are particularly sought after and there is very little space available in NW London. Planning overview There is no significant planning history on the site. Development potential Subject to obtaining the necessary consents the site may suit a substantial residential or mixed use development. A new 7 storey residential block was recently constructed opposite and we understand an application for a 130 room student scheme was recently submitted for the adjacent site. 287-295 Willesden Lane, NW2 Asset management There is scope to redesign and refurbish the existing residential accommodation if required. The commercial space could also be extended, modernised and let. There is significant demand for this type of commercial space and record rents are being achieved in the area. EPC Available on request 287-295 Willesden Lane, NW2 020 7794 7788 [email protected] Dutch & Dutch Dutch & Dutch Zach Forest David Matthews 020 7443 9867 020 7443 9866 07890 209 397 07956 661 987 [email protected] [email protected] Quote reference: SALE-18639 These particulars form no part of any contract. Whilst every effort has been made to ensure accuracy, this cannot be guaranteed. All rental and prices are quoted exclusive of VAT..