Kilburn Park

Price:

Freehold - £2,750,000

Seller Ref:

2422

Location:

London

Business Type:

Commercial Property

See Other:

Other commercial property for sale in London
Commercial property for sale in London

Description:

THE BUSINESS:

Kilburn Park can be found to the south of Kilburn High Road close to Carlton Vale. The area has seen a recent resurgence of good local bars, coffee shops and hotel opening. The building is situated on Canterbury Road offering easy access to Kilburn Park (Bakerloo Line) station and further transport, shopping and recreational facilities of Kilburn High Road. The existing character building comprises of a large B1 office of some 10,000 sq.ft over ground and first floors with off-street parking for up to 25 cars. Planning permission has granted for the change of use from offices (B1) to residential (C3) on the first floor to create 2x1 bed and 3x2 bed flats and a 3-storey side extension to provide staircase and lift, erection of additional storey to form a further 4x2 beds flats. There is a S.106 contribution of GBP48,000 and car free housing. The building also offers the potential to create serviced offices, student accommodation or a hostel. Rates payable GBP28,200 p.a.