For Sale

40 Lime Grove, London W12 – London College of Fashion

40 Lime Grove, London W12

Offers in excess of £42,500,000

Tenure:
Freehold
Site Area:
104,321 sq.ft [9,692 sq.m]

Description

  • Substantial 2.07 acres site.
  • Exceptional educational use opportunity, having been utilised as educational premises focussing on art for over 100 years.
  • Well-positioned in Shepherd’s Bush, a continuously evolving West London submarket encompassing White City.
  • White City’s regeneration focuses on creating a global destination for innovation that centres around life sciences, tech and creative businesses, education, and research.
  • Wider White City regeneration includes 3,000 new homes and Westfield (Europe’s largest shopping centre).
  • Current campus provides 104,321 sq ft GIA of accommodation across four blocks (Use Class F).
  • Entirely occupied by University of the Arts London (UAL) operating as London College of Fashion (LCF).
  • Full vacant possession by end of 2023.
  • Numerous asset management initiative including alternative use and potential to increase massing (subject to necessary consents).
  • Not elected for VAT.