DESCRIPTION
Sold to an overseas Middle Eastern developer, this freehold East Acton site (Zone 2) occupies a prominent position on Old Oak Common Lane, just 200m from East Acton Underground Station and close to the new Old Oak Common Station (Elizabeth Line & HS2). The existing 14,682 sq ft building is fully let, generating £114,215 per annum, with vacant possession achievable on six months’ notice. Full planning consent (ref: 220178FUL) has been granted for a 129-bedroom hotel (42,248 sq ft GIA over two basements and five upper floors), with potential for an additional storey and alternative uses including co-living or student accommodation, in a rapidly regenerating area.
