Investment Properties: Princess House, Nobel Drive, Heathrow UB3 5EY
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.
- 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.