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Clapham SW4 – Highly attractive development/investment opportunity

George West House, Clapham North Side SW4

Offers in excess of £18,500,000

Property Type:
Development Opportunity
Tenure:
Freehold

Description

  • One of Clapham’s most prominent buildings overlooking Clapham Common
  • Located within Clapham Old Town benefiting from an array of local amenities
  • Highly accessible with Clapham Common underground station located less than 350m east of the site
  • Existing building comprising 2,556 sqm (27,513 sqft) GIA of B1(a) accommodation across lower ground, ground and four upper floors
  • Offered with the benefit of two prior approval consents for conversion of the existing building to deliver 57 and 61 units
  • Opportunity to add further value through optimisation of the existing prior approval consents
  • Positive pre-application response from Lambeth Council for an additional extension at roof level
  • Potential for a total residential NSA of approximately 2,787 sqm (30,000 sqft) subject to conversion and extension
  • Opportunity to refurbish the existing office accommodation to provide a landmark commercial scheme in an undersupplied location
  • Vacant Possession (subject to existing substation)

Subject to contract