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More details for Wotton Rd, London - Light Industrial for Sale

Wotton Works - Wotton Rd

London, NW2 6PX

Office for Sale
£2,250,000
7,047 sq ft
1 Unit Available

Energy Performance: C
Security System
Car Charging Station
24 Hour Access

London Light Industrial for Sale - Cricklewood

Offers invited in the region of £2,250,000 for the freehold interest of this 7,047 sq ft Live & Work unit.

Contact:

Clifton Securities Ltd

Property Subtype:

Showroom

Date on Market:

03/02/2026

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More details for Properties – for Sale, London

Portfolio Sale

Mixed Types for Sale
6 Properties | Mixed Types

London Portfolio of properties for Sale - Cricklewood

The Opportunity • A unique opportunity to invest and develop into an outstanding Greater London location, neighbouring the Brent Cross-Cricklewood regeneration zone. • Located in Zone 3 on the A5 Edgware Road / Cricklewood Broadway, North-West London. • Approx. 7 minute walk from Cricklewood Thameslink Station. • Substantial and active frontage of 420 feet on to Cricklewood Broadway, and to the rear on Hassop Road. • Total site area of 1.55 acres (0.63 ha). • Currently comprising a mix of retail, offices and light industrial uses totalling c.115,000 sq ft, together with substantial car parking at roof level. • The site is currently 80% let and income producing with the majority of the tenants either holding over or on tenancies at wills. The current rental income totals £464,897 per annum reflecting an extremely low overall rent of only £5.07 per sq ft on the let space. • Highly reversionary income with a blended ERV of between £20 - £25 per sq ft, therefore taking the total rent roll on the existing up to between £2.3m - £2.9m per annum. • Freehold. • The site benefits from a planning consent for a mixed-use scheme comprising 157 co-living studios, 8 apartments, 28,385 sq ft of retail / event space and 23,702 sq ft of light industrial, with a total GIA of 208,326 sq ft. • Scope for a variety of alternative uses including but not limited to leisure, hospitality, self-storage, healthcare, co-working (stp). • Unconditional offers sought in excess of £22,500,000 subject to contract and exclusive of VAT for the benefit of the freehold interest. A purchase at this level will reflect a low capital value of only £195 per sq ft on the existing GIA, and £108 per sq ft on the consented GIA.