This property presents a distinctive opportunity for renovation and investment, featuring a pair of freehold buildings with significant development potential. Whether through a change of use (subject to necessary consents) or comprehensive refurbishment, this space is ripe for transformation.
The main building, characterized by its elegant flat-fronted period architecture, spans four floors and offers the advantage of two separate entrances, providing flexibility for various configurations. The ground floor showcases a spacious commercial area with a prominent glazed street frontage that leads directly into sizable office spaces. Notable features include an impressive boardroom at the center of the layout and access to a rear double garage, along with a residential mews above. An internal staircase descends to a well-maintained basement storage facility that incorporates original vaults, lending excellent ceiling height and overall space utility.
The upper two-and-a-half floors currently function as office spaces but possess the potential for conversion into self-contained residential apartments due to their independent entrance. While these areas may benefit from modern updates, they already feature advantageous ceiling heights and abundant natural light.
Adjacent to this is 32 Chippenham Mews, which occupies a tranquil position along a charming cobbled street. This portion includes a large ground-floor double garage equipped with an electric door and pedestrian access leading to a spacious duplex apartment on the first and second floors. The garage's footprint opens up possibilities for residential conversion or integration with the existing boardroom area (subject to planning), enhancing the overall appeal for future development.
Strategically located on the outskirts of several high-value Central London postal districts—W1, W2, W11, and NW8—this site offers compelling investment prospects given its proximity to desirable neighborhoods like Marylebone just beyond the Westway. The surrounding area boasts diverse business and residential properties while serving as an essential thoroughfare connecting northern London to central locations. Nearby green spaces such as Paddington Recreation Ground and Hyde Park contribute to a balanced urban lifestyle.
Investors will find this property particularly attractive considering its current low capital value in such an affluent location. Overall, this offering combines ample space with flexible usage options in one of London's most sought-after areas, making it an intriguing prospect for those looking to capitalize on renovation opportunities.
