Offers over
£1,950,000
(£198.21/sq. ft)
Block of flats for saleGayford Road, Shepherds Bush W12
9,838 sq. ft
About this property
Existing site comprises a vacant building
Planning consent to create brand-new nursery and 7 high-quality apartments
Residential NIA of approx. 5,234 sqft
Commercial gia of approx. 4,604 sqft
25-year Fri lease producing £165,000 pa with an established nursery operator
The afl provides stepped rents linked to 72-84 places
The consented opportunity proposes demolishing the existing building and construct a part-three, part-four storey development comprising a nursery (Class E) across the lower-ground & ground-floor in addition to 7 high-quality residential apartments from the first to third floor.
The proposed residential NIA is approx. 5,234 sqft.
The proposed commercial gia is approx. 4,604 sqft.
An agreement for lease has been signed with an established nursery operator on a 25-year Fri lease producing £165,000 pa, subject to the pupil cap being removed to 84 places.
The afl provides stepped rents linked to 72-84 places; under the current 72-pupil consent the rent is £150,000 pa.
Gayford Road is located off the exceptionally popular Askew Road.
The site is located 0.8 miles from Stamford Brook Station.
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