400 Harrow Road & 32 Chippenham Mews, Maida Vale, London, W9 2HU
5,022 Sq Ft / Other
For Sale
- £2,250,000.00
Available - Last updated: 16 July 2024
Summary
A highly unusual opportunity to acquire a significant pair of Freehold buildings with extensive development potential through either change of use (subject to the necessary consents) or comprehensive refurbishment.
This ‘front to back’ opportunity is headlined with the handsome flat fronted period commercial Freehold at 400 Harrow Road which is arranged across four floors and enjoys the rare and immediately appealing benefit of two separate entrances to these sprawling commercial spaces. The Ground Floor comprises a glazed street frontage with direct access into somewhat vast office spaces across one level with an impressive and striking Boardroom that sits between the main areas and the rear Double Garage and residential Mews property above. Accessed via an internal staircase is a superb Basement level storage facility that cleverly incorporates the vaults and benefits from excellent ceiling height and good overall condition.
The upper two/ two and half floors enjoy their own private entrance thereby making potential conversion into self-contained residential apartments significantly more straight-forward. Currently they are offered as dated, but well-presented office spaces with excellent ceiling heights, an abundance of natural light and air conditioning.
32 Chippenham Mews enjoys a rare and peaceful position along this cobbled parade and comprises a large double garage to the Ground Floor level with electric up and over door, and a separate pedestrian access point to the large duplex apartment that spans the first and second floors.
Extensive development potential to either convert the garage into residential or incorporate the existing Boardroom (stp) make this an appealing overall proposition for future works.
Key Points
Superbly positioned on a border Zone 1 location close to Notting Hill, Paddington and Maida Vale.The existing property comprises Two Freehold Titles of Mixed Tenure (Use Classes ‘E’ and ‘C3’) that interlink Harrow Road and Chippenham Mews.The properties are currently used as Commercial Offices with a self-contained Residential property and Staff Parking to the rear.Full Vacant Possession upon completion of legal formalities.Offers are invited for these Freehold interests by private treaty in accordance with the Guide Prices issued.Location
The site enjoys an exceptionally convenient Central London location being on the fringe of a number of extremely high value postal districts, namely W1, W2, W11 and NW8. This, and the fact that once you cross beneath the Westway you are effectively entering the Marylebone district all makes for a compelling investment argument for the future at such low levels of capital value.
The road itself enjoys a vast range of business and residential spaces and is considered to be a key artery into Central London from north London postal codes. The open spaces of Paddington Rec and the Hyde Park Estate allow for a balanced London lifestyle and the immediate transport facilities listed below demonstrate the strengths of this highly convenient location.Terms
Legal Title & Tenure:
The Freehold Title are as follows:-
• 400 Harrow Road ()
• 32 Chippenham Mews ()
They are both being sold on the basis of full vacant possession upon completion of legal formalities. Completion is to occur no earlier than 16th December 2024.
Services:
It is our understanding that mains water, electricity, gas and drainage are provided. However, it is the responsibility of the purchaser to ensure that services are available and adequate for any proposed development.
AML:
The purchaser will be required to provide the necessary information to satisfy AML requirements.
Viewings:
The properties may be inspected internally strictly through prior appointment. Prospective purchasers should be aware that inspections are made entirely at their own risk and no liability is accepted by the vendor or their agent.
EPC:
These are available to view upon request
VAT:
We understand the Property is not elected for VAT.
Method of Sale:
The Property is For Sale by Private Treaty as ‘one lot’ or as two separate transaction with the following Guide Prices:-
• 400 Harrow Road £1,200,000
• 32 Chippenham Mews £1,100,000
• Sold as ‘one lot’ GUIDE PRICE: £2,250,000
Further Information:
Further information is available via the vendors Sole Selling Agents, Messrs Winkworth Development & Commercial Investment on 020 7355 0285.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£2,250,000.00
| NA |
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