We are delighted to announce that we have sold a Camden investment property, located a stone’s throw away from Mornington Crescent Station.
This Camden investment property is located on the corner if Symes Mews and Camden High Street. Camden High Street is a major thoroughfare which links the Kings Cross and Camden areas. Additionally, Camden is a highly popular office location which is particularly popular within the technology, telecoms, and media industries, as well as fashion brands. The subject property is located under a kilometre away from Kings Cross which is one of London’s largest and most successful regeneration project with Google taking up 920,000 square feet of office space in the area.
The property has fantastic natural light and exceptional high ceilings, making this unique warehouse style property incredibly eye catching. The existing art gallery and residential accommodation has potential to convert to alternative uses subject to planning permission. There is also historic planning permission for an approximately 17,000 sq ft GIA office/residential scheme.
This Camden investment property has a gross internal area of 11,456 sq ft with potential to add significant floor area via extensions and by installing mezzanine floors. This versatility meant that the property was incredibly attractive to a variety of purchasers including owner occupiers, investors, and developers.
Speaking to Board Director Damien Field he stated “We were delighted to have sold this rare Camden freehold to an investor with plans to develop the property into a characterful office building. With the constant change regeneration which is currently occurring in Camden and the NW1 area it is an exciting part of London to be involved with as it continues to change and evolve. In addition, we were delighted to work jointly with ADS Real Estate and look forward to working with them again in the future.”
To view our marketing details for the sale of this property, please click here.