31-33 Beethoven Street, London, W10 4LJ
£301.24 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
9,876 sq ft
918 sq m
- SECTOR
Light industrial facility for sale
Key features
- In the same family ownership since 1947
- Off street parking
- Unique development opportunity for business space or live/work (STPP)
- Short walk from Queens Park station, Salusbury Road and Chamberlayne Road
- Originally two separate buildings, now intercommunicating
- Currently arranged as artist studios, offices and storage space
Description
PRICE ADJUSTMENT.
These two interconnected buildings have been in the same family ownership since 1947. The family's business also occupied the buildings until recently when some of the space was let on licenses to artists and makers. The buildings cover almost the entirety of the site and would benefit from a comprehensive refurbishment or redevelopment to suit a buyers needs.
Location
Beethoven Street is a quiet road of mixed uses including other commercial buildings, leisure uses and residential. Yoga Loft and Rollover Studios are located in the same parade. The property is an 8 minute walk from Queens Park Station and the bars, restaurants, cafes and shops of Salusbury Road.
Licenses
There are currently four occupiers on licenses which can be terminated with 4 weeks Notice on either side. The license fee includes utilities and business rates. Total gross income from License Fees £85,000 per annum. An additional £50,000 per annum is paid by Kaloric Heataer Co Ltd, a company owned by the vendor.
Brochures
31-33 Beethoven Street, London, W10 4LJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Queen's Park Station0.2 miles
- Kensal Rise Station0.5 miles
- Brondesbury Park Station0.6 miles
About Dutch & Dutch, Commercial
174 West End Lane, London, NW6 1SW
“Although a difficult climate the team at Dutch & Dutch were always patient, polite and tenacious”
COMMERCIAL PROPERTY EXPERTS
In the past year we have acted on the sale and letting of over 500,000 ft2 of office, industrial, retail and leisure space. We have also sold over £70m worth of investment and development opportunities in and around north-west London. From Brent to Barnet and Camden to Westminster, our finger is on the pulse of the local market for commercial
Notes
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