Land for Sale in London, London
Investment Land for Sale in London
Guide Price: £1,200,000
Size: 1.76 acre site
Land Type: Investment
Planning Permission: Residential and Commercial Use
Land Designation: PlanningUse
Seller Last Active: Within the last 49 months
Summary: Off Market Hotel Freehold For Sale – London, NW3 Summary • 304 beds 1.76 acre site • 4 stars • 22,000 square feet GIA • Freehold owned by the family. This is the asset for sale. • Price of Freehold is £10m - £12m. • Open market value of land / site @ £500 per sq ft is nearer £110m • Lease currently owned for 99 years • Lease started in January 1974 • £33,735 p.a. ground rent being paid now increasing to £41,000 by 2035 • Mobile masts provide additional income of £50,000 per annum Options: 1. Knock down and rebuild 2. Long term hold until 2073
Location on Map:
Other sites available from this agent:
• Acton, London • Bedford • Buckinghamshire • Canterbury • Canterbury • Chelsea • Chester • Chingford, • Covent Garden, London • Croydon • Edinburgh • Essex • Greenwich, London SE10 • Hampshire • Harrow • Harrow • Highgate, London • Horsham • Hounslow • KENNINGTON, LONDON, SE11 • Kingston Upon Thames • Kingston, Surrey • located at the junction of the M57 & M62 motorways • London • London • London • London • London • London • London • London • London • London • London • London • London • London • London Camden Town • London knightsbridge • London N1 • London N20 • London SW3 • London W1 • London W11 • London WC1 • London, Kensington • Northampton • Nottingham • OFF MARKET RICHMOND RESIDENTIAL APARTMENTS FOR SALE • Peckham, London • Reading • Riseley, Berkshire • Tottenham, London • Twickenham • West Yorkshire
These particulars have been produced in good faith but total accuracy cannot be guaranteed. Sizes are approximate. Purchasers should verify availability and any detail of importance prior to viewing and purchase. These particulars are not an offer or contract.