Light industrial for sale in Ferdinand Place, London NW1, £1,800,000

1,800,000.00

Offer Nr.:
64979665
Type of ad:
for Sale
Property type:
Light industrial
Contact name:
Salter Rex - Commercial
Phone(s):
020 7768 7771

* Freehold Development For Sale
* Expired Planning
* Sold Un - conditional
* 1 x 2 Bed Flat (First Floor Level)
* Warehouse/Storage/Office
Ferdinand Place is situated in North London and centrally located in the
London Borough of Camden, a few hundred metres northwest of the urban centre
of Camden High Street. It is a quiet cul - de - sac lane located off Ferdinand
Street with vehicular and pedestrian access from the principle thoroughfare of
Chalk Farm Road. The site is within a few minutes’ walk of both Chalk Farm and
Camden Town underground stations and Camden Road and Kentish Town West
overground stations.
Planning permission was approved by Camden Council under Reference No: 2016 /
2457 / P for the entire site known as 1 - 3 and 4, 6 and 8 Ferdinand Place, NW1
8EE. In December 2018 it was agreed that demolition of existing buildings and
erection of new buildings to provide replacement funeral directory facility at
ground and basement levels of 4 - 8 Ferdinand Place. Provision of nineteen Class
C3 residential units (5 x 1 - bed, 8 x 2 - bed and 6 x 3 - bed units), split across
eight units provided at first, second and third floor levels at 4 - 8 Ferdinand
Place, and eleven units (of 7, 719 sq. Ft. NIA) over ground to fourth floors at
1 - 3 Ferdinand Street.
The planning approval is subject to a section 106 Agreement with obligations
for two residential units to be affordable housing for the entire development.
Please note only Building B (No. 1 - 3) will be sold on an un - conditional or
subject to planning basis.

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