Address:
- 132-142 Hampstead Road EUSTON, LONDON NW1
Size:
- 231,000 sq ft
Project:
- Existing warehouse and office building providing 231,000 sq ft GIA with an adjoining petrol station
- Prominent island site of 1.85 acres (0.75 ha) and a 200 metre frontage to Hampstead Road, next to Euston Station
- Identified significant potential to increase the massing of the existing buildings, subject to existing tenant lease expiries
- Obtained detailed planning consent for a redevelopment into a landmark office and warehouse building of 332,000 sq ft
- Outline planning consent was granted for an alternative office, residential and warehouse redevelopment for 354,000 sq ft
- Marketed for sale property with the benefit of the panning consents and ability to implement after lease expiries
Success:
- Achieved planning consent to increase size of building and improve quality
- Successful marketing campaign to sell the redevelopment opportunity
Current Position:
Sold
