Acton Investment Property Acquired by RIB’s Team
We are delighted to announce the acquisition of 20-24 High Street, Acton, W3 on behalf of our private client.
About the property
The subject property is held freehold and is a Grade II Listed D2 former cinema and bingo hall. It is located within 300m of Acton Central Station, as well as being located near Acton Mainline which will have direct access to the Elizabeth Line. The property has potential for a wide range of uses subject to planning permission including hotel, residential, office, and D1.
The property occupies a prominent position on Acton High Street on the corner with Alfred Road. There a variety of restaurants, shops, and other amenities including leisure facilities within five minutes’ walk. In addition, the property is located near Acton Park a beautiful park with clubhouse and mini golf course, meaning that this investment property is well located for a plethora of different amenities.
This Acton investment property is approximately 21,638 (GIA) in size and is of Art Deco style, having previously opened as a cinema in 1937. The building is arranged with upper and lower circle levels facing the stage area and auditorium on the ground floor. The property is located within the Acton Town Centre Conservation Area and is protected as an Asset of Community Value.
We were delighted to have been able to assist our client in this acquisition and look forward to being involved in more sales and acquisitions throughout Greater London in the future.
If you are looking for advice on selling or acquiring investment properties in Acton or anywhere else in the UK, do not hesitate to contact a member of our team: