An opportunity to acquire an existing Guest House (Class C1 use).
Located a 5 minute (0.5 mile) walk from Acton Main Line Station. The regeneration efforts around the station have aimed to improve its efficiency and enhance the overall appeal of Acton. These developments have included new residential flats, hotels, retail stores, and student accommodation.
The building is currently arranged as 12 rooms, 4 of which are en suite and the remaining share facilities, as well as a communal kitchen on the ground floor.
Total 2,712 sq ft GIA.
A Certificate of Lawful Proposed Use or Development has been submitted to the London Borough of Ealing for a change of use of a bed and breakfast guest house (Class C1 use) to a hotel (Class C1 use) and internal alterations as shown on the proposed ground and first floor layout plans (CP-2024-07 / P-11) at 31 Noel Road.
The building is situated within the North Acton/Old Oak regeneration area which has seen significant investment in recent times, following the newly opened Elizabeth Line station and City & Docklands iconic One West Point, Pilbrow & Partners on behalf of Imperial College have since followed suit who are currently constructing a major mixed use scheme comprising of over 1,300 new homes and more than 34,000 sqm of employment space as well as major upgrades to the surrounding public realm.
As a result of the newly available transport and amenity, the local area has become a hotspot for short term accommodation, driving demand for buildings of this type.
Sold with the benefit of full vacant possession.
Freehold.
Guide Price £1,600,000 (One Million, Six Hundred Thousand Pounds) subject to contract.
