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UNDER OFFER

93 Old Oak Common Lane, London, W3

Offers in Excess of
£5,500,000

£130.18 per sq ft

Business rates & charges may apply

ESTATE OFFICE INVESTMENTS LIMITED, London
SIZE AVAILABLE

42,248 sq ft

3,925 sq m

SECTOR

Hotel for sale

Floor/Site plan 1
1

Key features

  • Planning consent granted for a new 129 bedroom hotel with suitability for alternative uses.
  • The existing building comprises 14,682 sqft of offices, Class E (Snooker Hall), Class E (Retail) and warehouse space retail and warehouse space.
  • The building remains fully let and produces an income of £114,215 per annum.
  • Vacant possession is achievable with 6 months notice.
  • Full planning consent is granted for a new build scheme to create a 129 bedroom hotel. The consented envelope is 42,248 sqft GIA arranged over 2 basements and 5 upper-floors.
  • Opportunity may be suitable for a co-living or Student Accommodation scheme, subject to the necessary consents.
  • Freehold.

Description

Planning consent granted for a new 129 bedroom hotel with suitability for alternative uses.

* Situated in East Acton (Zone 2), in a prominent position on Old Oak Common Lane.

* Excellent transport connectivity:
o 200m from East Acton Underground Station (Central Line).
o Close to the new Old Oak Common Station (Elizabeth Line & HS2).

* The existing building comprises 14,682 sqft of offices, Class E (Snooker Hall), Class E (Retail) and warehouse space retail and warehouse space. The building remains fully let and produces an income of £114,215 per annum.

* Vacant possession is achievable with 6 months notice.

* Full planning consent is granted for a new build scheme to create a 129 bedroom hotel. The consented envelope is 42,248 sqft GIA arranged over 2 basements and 5 upper-floors.

* Planning reference: 220178FUL.

* Further feasibility studies have been carried out for an additional storey providing a further 18 bedrooms.

* Opportunity may be suitable for a co-living or Student Accommodation scheme, subject to the necessary consents.

* The site is in an area of significant regeneration.

* Freehold.

Offers in excess of £5,500,000 (Five Million, Five Hundred Thousand Pounds) for the freehold interest. A purchase at this level reflects a low capital value of £130.18 per sqft and £42,600 per key.

Brochures

93 Old Oak Common Lane, London, W3

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • East Acton Station0.1 miles
  • Acton Central Station0.7 miles
  • Acton Main Line Station0.7 miles

About ESTATE OFFICE INVESTMENTS LIMITED, London

Ground Floor 1 Finchley Road, London, NW8 9TT

A London based boutique property consultancy with a global track record. We are investment and development land specialists, primarily selling land and buildings with and without planning permission, with a focus on residential blocks and commercial investment opportunities in retail, leisure and office space. We also act on behalf of clients on residential and commercial acquisitions.

Established in 1983 with exceptional combined experience, our dynamic team of fourteen work tirelessly to deliver the best possible outcomes for our clients. Entrepreneurial in style with the success which comes with several decades of service, our clients see Estate Office as their long-standing agency of choice

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 93OldOakCommonLane. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ESTATE OFFICE INVESTMENTS LIMITED, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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