• A unique opportunity to acquire a commercial investment with a positive preapp for the construction of a 1 x 2 bedroom apartment within the airspace. 

​

• The property is situated on Rochester Place and is approximately a 7 minute walk from both Camden Road and Kentish Town West overground stations.

​

• The existing property is held on a long lease (900 years+) and is across the first floor of 68-74 Rochester Place. The property comprises 3 commercial units extending in total area to approximately 1,000sqft GIA serviced by 2 private entrances from the ground floor. 

​

• 2 of the 3 office spaces are currently let generating £36,000pa. If fully let the property has an ERV in the region of £55,000pa. 

​

• The vendor has recently had an extremely positive preapp for the conversion of the airspace into 1 x 2 bedroom apartment extending to approximately 795sqft NSA and benefiting from a balcony.

​

• The property is for sale on an unconditional basis and we advise any potential purchaser to undertake their own planning due diligence.

​

• The property is not elected for VAT. 

​

• Tenure: Leasehold.

​

• Asking Price: £750,000