Development Opportunity Latimer Road London W10
- Off market
- Freehold
- The site is currently occupied by a double storey warehouse constructed in the 1980s. The area to the front, rear and side occupy a uniform square site. Any redevelopment will be capped to 3-4 storeys with a 4th storey set-back.
- According to the Latimer Road Design Code SPD (attached) the main focus of the redevelopment of units 1-14 is for enhanced business/commercial floorspace but this could be reasonably flexible.
- Supporting precedent exists with the relatively recent planning permission precedent for the creation of a new build scheme.
- Unit 1 Latimer Road Industrial Estate (neighbouring unit) – demolition and redevelopment of property to provide a four storey building comprising B1 office space on ground floor and 8 x residential units on upper floors.
- The existing lease includes a break clause for March 2023
- The seller is inviting offers with a degree of flexibility, for example,
- Subject to planning
- Joint Venture proposals
- Offers/proposals must be in writing on the company’s letterhead. An EOI is also acceptable upon the same basis.
We will require a buy side fee.
Where we act as a seller’s mandate, we represent the vendors. Our clients wishing to sell their property off-market benefit from impartial advice and a personalised service tailored to their requirements and circumstances. More importantly, we offer sellers unparalleled access to qualified buyers and we ensure that we address the right audience.
In order to achieve the best possible sales result, your property is presented to individual and corporate purchasers, whose buying behaviour and buying power can be backed by a Letter of Intent (LOI) and Proof of Funds (POF). We will provide vendors with professional support throughout the entire process and beyond, including RICS valuations, coordinating viewings, assessing incoming offers, and protecting your interests during sales negotiations.
For further information, luxury property, off-market, off-plan, developments or investments, marketing or help finding your next property please contact us anytime.
Office: +44(0)330 2236988
investments@trellows.co.uk
investments.trellows.com
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