Land for Sale in Lancaster Gate, W2, London

Residential Development Land for sale Lancaster Gate, W2

Residential Development Land for Sale in Lancaster Gate, W2

Guide Price: £26,800,000

Size: 1

Land Type: Residential Development

Planning Permission: No Planning Permission

Land Designation: Unknown

Seller Last Active: Within the last 4 months

Summary: 7 story 2x adjoining houses in Lancaster Gate, W2 just 3-4 mins from Lancaster Gate tube with partial views of Hyde Park. This is a total refub or remodelling project as the property had been left empty for over 10yrs! Last use was a 60 bed hotel.

Additional Information: 7 story 2x adjoining houses in Lancaster Gate, W2 just 3-4 mins from Lancaster Gate tube with partial views of Hyde Park. This is a total refub or remodelling project as the property had been left empty for over 10yrs! Last use was a 60 bed hotel. Freehold property held in a SPV - So no stamp duty on purchase! Ideal Hotel restoration project! Currently NO planning in place for resi conversion. Owner 'may' consider a JV with a suitable partner who can show funds, but prefer an unconditional sale. Possible opportunities include converting into 10x luxury flats subject to planning. Gross Internal Area as existing - 2350.35 m2 / 24,911 sq ft2 Scope to add more space at the back by adding 3x floors to part of the building !!!... * * * Similar development properties WANTED * * *

Directions: Use postcode "W2 3LH"

Features Include:

  • Vehicular Right of Access to Site
  • Pedestrian Right of Access to Site
  • Buildings on Site
  • Water Supplied to Site
  • Electricity Supplied to Site
  • Gas Supplied to Site

Location on Map:

Other sites available from this agent:

• Fencepiece Road, Ilford 

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