Monday, September 05, 2011

Central London Investment Property For Sale In Bloomsbury














Bloomsbury Investment Property for Sale

King's Mews
London
Greater London
WC1N

GIA: 10512 sq/ft*

£ 5,650,000
Freehold

The buildings are situated on the eastern side of Kings Mews and can be accessed from Theobalds Road or Northington Street.

The property is located in Bloomsbury in the London Borough of Camden. Chancery Lane Underground station is approximately 350 metres to the south of the property on the corner of High Holborn and Grays Inn Road.

The site comprises a row of 6 freehold buildings. It is our clients wish to retain 2 of the units (preferably 25-26) The Kings Mews buildings are an assortment of low rise commercial buildings with one residential flat across the top floor of numbers 29 and 30.

The buildings for sale form part of a larger consented scheme for residential development. The buildings are now being sold separately and accordingly any prospective purchaser will need to make a separate planning application.

However, given than Camden Council granted a residential consent over the larger property, it could be argued that the principle of residential use for these properties has been established.

Having regard to the size of the buildings and plots for sale, there is potential for the development of mews houses in place of the buildings (subject to all necessary consents).

Individual buildings or parcels can be purchased.

There is an opportunity to develop the buildings on Kings Mews into mews style houses, subject to all necessary consents.

Investment Property in Bloomsbury

1 comment:

viji said...

interesting blog. It would be great if you can provide more details about it. Thank



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