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Land for sale
Queen Square, LONDON
£50,000
Queen Square, LONDON
£50,000
Our Summary
- SUMMARYAUCTION SALE 18 November 2025 - Long leasehold Air Space with development potential subject to planning permissionFull vacant possessionDESCRIPTIONLong leasehold Air Space with development potential subject to planning permissionFull vacant possessionLocation:The Air Space is situated above an existing eight storey end of terrace building which is located on the north side of Queen Square
- Lease:Held on a long lease for a term of 999 years from 29th September 2015(Thus having approximately 991 years remaining) at a ground rent of £1 per annum (rising)Potential: The vendor has provided us with proposals and indicative drawings for a one storey extension which would create a three bedroom dwelling subject to planning permission and consents
- AUCTION SALE
Description
A long leasehold air space is up for auction on November 18, 2025, with development potential subject to planning permission. The property is located above an existing eight-storey building on Queen Square, with easy access to public transport links, shops, bars, and restaurants. The lease has approximately 991 years remaining, with a ground rent of £1 per annum rising. The vendor has provided proposals for a one-storey extension to create a three-bedroom dwelling, subject to planning permission and consents. Prospective buyers must rely on their own inquiries regarding planning permission. The property is available for viewing by arrangement with the auctioneer, and a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer.