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27 & 29 Daws Lane, London NW7 4SD

A Boutique Development Opportunity in one of London’s most desirable suburbs
  • Conveniently located on Daws Lane opposite Mill Hill Park and within 0.6 miles (approx. 10 minute walk) of Mill Hill Broadway (Thameslink).
  • Mill Hill Broadway is only moments away and is a vibrant and boutique-style high street being home to many national retailers including Gails, M&S Food, Prezzo, Iceland and Bluebells.
  • The site comprises a derelict semi-detached building at the front arranged over ground and two upper floors as well a dilapidated office and ancillary out buildings at the rear.
  • Two separate planning permissions exist for the redevelopment of the site which will provide as follows:
  • “Demolition of existing (front) building and erection of a three storey building….to provide commercial floorspace (office space – Class E) at ground floor and 4no self-contained flats on the upper floors…” (ref: 22.2273/Ful).
  • “Demolition of existing (rear) buildings and erection of a part single part two storey detached building to provide 3no self contained flats…” (ref: 21/1883/FUL).
  • The completed scheme will comprise 926ft2 of Class E (office space) and seven flats – 2 x 1 bed and 5 x 2 bed with a total NIA of 5,078 sq ft.
  • The residential market in Mill Hill is historically very strong with demand outweighing supply. Resale values on new build flats have exceeded £700/sq ft.
  • The scheme is CIL liable and as such a payment of £155,416 will be due.
  • Freehold with vacant possession.
  • Offers in Excess of £1,300,000 (One Million, Three Hundred Thousand Pounds) Subject To Contract.
DJI 0050
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