Sold
Uxbridge Road, Shepherd's Bush, London, W12
Commercial Property in Shepherd's Bush
£659,490
PICTURES AND VIDEOS
KEY FEATURES
- AN OPPORTUNITY TO PURCHASE A FULLY CONSENTED SMALL SCALE RE-DEVELOPMENT IN THE HEART OF SHEPHERDS BUSH
Description
Rarely available development opportunity comprising commercial uppers with consent for 3 self-contained apartments. This is an outstanding development opportunity with a detailed consent in place until 1st May 2021 for the creation of 2 x 2 bedroom and 1 x 1 bedroom self-contained residential apartments.
This substantial flat fronted period building has secured planning permission in the London Borough of Hammersmith & Fulham (ref: 2017/00519/FUL and 2007/00520/FUL) for the conversion of the existing first and second floors and the creation of a further third floor to provide c.1,339 sq.ft. of private residential accommodation all above the soon to be opened extension to Co-Op within the adjoining building.
Local comparable sales indicate a Gross Development Value of c. £1,125,000 and a strong market for rental investment with potential Gross Yields in excess of 4%.
Location
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