Bay Court & Spruce Court Airspace... Plot for sale

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Bay Court & Spruce Court Airspace... Plot for sale

Bay Court & Spruce Court Airspace, Popes Lane, London, Greater London, W5
£1,000,000

Our Summary

  • Planning & Development Potential:The site benefits from prior approval (Decision Issue Date Wed 14 Feb 2024) for the addition of 9 new apartments
  • While planning for an additional storey has previously been refused, the same Section 5 Notice includes the potential for future planning enhancement, subject to a revised application and council approval
  • Legal & Planning Notes:Section 5 Notices have been issued under the Right of First Refusal and not reserved by leaseholders, providing flexibility for potential purchasers
  • AIRSPACE EXTENSION OPPORTUNITY
  • Airspace extension opportunity

Description

This exceptional development site in Ealing, W5, spans approximately 0.8 acres and offers a unique opportunity to acquire a well-located plot with significant planning and development potential. The site currently comprises 42 residential flats across two existing buildings and benefits from prior approval for the addition of 9 new apartments. Additionally, the Section 5 Notice includes the potential for future planning enhancements, subject to a revised application and council approval. The site is situated in a highly sought-after West London location, with excellent connectivity and amenities, including Ealing Broadway, Acton Town, and South Ealing Underground and National Rail stations, as well as nearby open green spaces. With a feasibility study available upon request, this development site presents a compelling opportunity for investors and developers to capitalize on its potential.