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Investment

Investment For Sale London

PROPERTY ID: 124225

PROPERTY TYPE

Investment

STATUS

Available

SIZE

5,677 sq.ft

Key Features

Roof & airspace development
Lapsed planning permission for 8no. apartments over two new floors
Conveniently located with good transport links
For sale by Fixed Charged Receivers

Property Details

The property is located in the affluent west London district of Ealing on the south side of The Broadway. The development opportunity is conveniently located for the surrounding amenities being adjacent to the Ealing Broadway Shopping Centre which contains a wide range of retail, food and beverage uses, whilst Ealing Common and Walpole Park are located less than half a mile to the east and west respectively. The property has excellent transport links being just a few hundred metres from Ealing Broadway railway station and close to West Ealing, South Ealing and Ealing Common underground and overground stations providing access to central London. Regular underground services also run from South Ealing station to London Paddington and Terminal 4 of Heathrow Airport (via the District and Central lines). The M4 and A4 Great West Road lay nearby to south and A40 / A406 junction is in close proximity to the north.

The Property Is Located In The Affluent West London District Of Ealing On The South Side Of The Broadway. The Development Opportunity Is Conveniently Located For The Surrounding Amenities Being Adjacent To The Ealing Broadway Shopping Centre Which Contains A Wide Range Of Retail, Food And Beverage Uses, Whilst Ealing Common And Walpole Park Are Located Less Than Half A Mile To The East And West Respectively. The Property Has Excellent Transport Links Being Just A Few Hundred Metres From Ealing Broadway Railway Station And Close To West Ealing, South Ealing And Ealing Common Underground And Overground Stations Providing Access To Central London. Regular Underground Services Also Run From South Ealing Station To London Paddington And Terminal 4 Of Heathrow Airport (via The District And Central Lines). The M4 And A4 Great West Road Lay Nearby To South And A40 / A406 Junction Is In Close Proximity To The North. The Proposed Development Sits Above The Rear Section Of 52-53 The Broadway On Top Of The Existing Roof. The Airspace Has Previously Been Granted Planning Permission By Ealing Council For 8no. Apartments Over Two Storeys, Comprising 6no. 1-bedroom Units And 2 No. 2-bedroom Units (ref 192182ful) With A Roof Terrace Above And Access Via A Communal Entrance On The Ground Floor. This Permission Was Subsequently Amended By A Non-material Amendment Application To Alter The Configuration To Replace One Of The 1-bedroom Units With A Studio (ref 204489nma). We Understand That This Consent Has Now Lapsed, But A Replacement Permission Is Being Applied For Imminently. There May Also Be The Opportunity To Develop A Larger Scheme Of Duplexes, Subject To The Necessary Statutory Consents. Further Information Is Available Upon Request. The Roof And Airspace Are Held On A Long Lease For A Term Of 999 Years From 18 March 2022. Vat Status Is To Be Confirmed. An Information Pack Is Available Upon Request. Offered For Sale On Behalf Of Glen Carter And Damian Webb, The Joint Fixed Charged Receivers ('the Receivers'). The Receivers Offer No Title Or Collateral Warranties Associated With This Property Or Transaction. The Receivers Act Without Personal Liability. Each Party Is To Be Responsible For Their Own Legal Costs Incurred In The Transaction.

About the Agent

Investment Unit

POA

52-53 The Broadway, London, W5 5JN
Investment - Available
5,677 sq ft
527 sqm
Show phone number

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