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Development London

£12,500,000
  • Availability: For Sale
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Property Summary

The owners would like to sell the site preferably on an unconditional basis in the region of £12.5m.

 

Please find below and attached the details of an off market piece of land in a prime residential area of London.

 

The site was put on the market some 2.5 years ago with Colliers, but was taken off the market due to one of the trustees passing away. The owners would now like to dispose of the site in an off market and highly confidential basis.

 

This land is without planning, however, the site is allocated for housing as you can see from the attachments. There is a landlocked area of 0.67 acre in size to the rear of the site that is owned by the council. They want it included in a planning application with a view to taking a 106 on their site. This makes the site nearly twice as big as the original site. The land is just over an acre in total.

 

There has been some changes since the original listing in that the height may be increased by 2 floors as a site opposite has just been given the green light by the council to build 6 floors.