Development Properties: Princess House, Nobel Drive, Heathrow UB3 5EY

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Princess House, Nobel Drive, Heathrow UB3 5EY

OIEO - £4,000,000 subject to contract - Freehold

  • Currently provides a 3-storey B1(a) office building extending to a 11,065 sq ft (GIA) with 21 car parking spaces.
  • 1.2 Miles from Heathrow Terminals 2, 3 & 4.
  • Heathrow Terminals 2 & 3 will be on Crossrail’s Elizabeth Line in 2019.
  • Under 20 minutes to London Paddington Station.
  • Freehold.
  • Benefits from 2 planning consents which combined would result in a total of 33 apartments: 
     
    • Permitted Development Rights for the conversion of offices into 24 apartments (Ref: 50524/APP/2017/2841) – London Borough of Hillingdon.
    • Erection of a 2-storey extension, creating an additional 9 apartments (Ref: 50524/APP/207/4410).
  • Total proposed units: 33 apartments - 27 x 1 bed, 6 x 2 bed.
  • Total proposed Net Saleable Area – 15,237 sq ft.
  • Potentially suitable for alternative uses (STPP).
  • Offers are invited in excess of £4,000,000 (Four Million Pounds) subject to contract, reflecting a low capital value of £263 per sq ft on the consented floor areas.