Guide price
£4,250,000
(£278/sq. ft)
Property for saleBelsize Park Gardens NW3
15,285 sq. ft
- Freehold
Knight Frank - Institutional Consultancy Sales
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About this property
The Opportunity
• Shell & core condition, with an unimplemented planning permission
• Well connected with Belsize Park, Chalk Farm and St John's Wood Underground Stations in close proximity
• A current Gross Internal Area of approx. 15,210 sq ft (1,413 sq m) arranged over ground and three upper floors
• A site area of approx. 0.17 acres (0.069 ha)
• Previous planning consents for Use Class C3, and E
• Currently possesses an unimplemented F1 Use Class (Application ref: 2023/3407/P)
• Offered with vacant possession
Description
The Property benefits from being in a shell and core condition, acting as a blank canvas for development in a ready state to be built out. The Property presents a unique development opportunity in Belsize Park with a proven track record of obtaining planning permission for a wide range of uses.
Relevant Planning History
The property has previously been used as a gym for over 25 years, falling within Use Class E.
Since becoming vacant in 2017, an application for change of use to C3 - Residential has been granted via prior approval (now lapsed), and an application for change of use to F1 – Educational has been granted (active but unimplemented).
For further information see London Borough of Camden's planning portal or the dedicated data room.
The property is situated in Belsize Park, a sought-after and upscale area in the London Borough of Camden. Positioned between Belsize Village and Primrose Hill, it offers convenient access to a wide range of amenities, such as patisseries, cafes, bars, and restaurants. The area is also home to several expansive green spaces, including Primrose Hill, located just under half a mile to the south, which provides stunning panoramic views of the London skyline.
The underground stations offer excellent connectivity to both the City of London and the West End, whilst connections at King's Cross offer access to a range of Underground and National Rail services as well as the Eurostar links to mainland Europe. The site further benefits from good road links Northbound out of the capital via the A502, North Circular Road and M1 motorway.
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