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- An attractive mixed-use residential led development opportunity.
- Situated on the Finchley Road, adjacent to Fortune Green Road and opposite Platt’s Lane.
- A mixed use property comprising four interconnecting terraced buildings arranged over lower ground, ground and three upper floors previously occupied by Hampstead School of English.
- Total existing GIA of 14,391 sq ft.
- Planning Permission granted by Camden Council for the conversion, extension and new build of a mansard roof to create 15 residential apartments (7 x 1 beds, 6 x 2 beds, 2 x 3 beds) and 3 x ground floor “Class E” units.
- Proposed NSA of the residential totals 10,323 sq ft.
- Proposed NSA of the commercial totals 2,616 sq ft.
- Ten of the apartments benefit from private outside space.
- Total CIL £89,437.
- S.106 contribution £95,350.
- Potential for alternative uses, subject to obtaining the necessary consents.
- Vacant possession.
- Freehold.
- Offers are invited in excess of £4,900,000 (FOUR MILLION, NINE HUNDRED THOUSAND POUNDS) subject to contract and exclusive of VAT reflecting a low capital value of £340 psf on the existing GIA and £379 psf on the consented area GIA.
