Mitre Yard is situated in the heart of one of the UK's largest regeneration projects, within The Old Oak and Park Royal area, transforming a predominantly industrial area into a new and exciting neighbourhood.
The units are offered in shell and core condition with excellent ceiling heights throughout, good natural light, prominent shop frontages, and capped services — available for immediate occupation.
The development is arranged across the North and South Towers and comprises 247 residential units and ground-floor commercial units. There are a further 208 residential units located within a scheme directly opposite, albeit delivered by a different developer.
Regeneration in the area is expected to support future growth, attracting residential and commercial interest. The area is also close to the bustling Westfield shopping centre and the vibrant cultural hub of Shepherd's Bush.
Location
Mitre Yard, Scrubs Lane is located in West London at the heart of the OPDC (Old Oak and Park Royal Development Corporation) masterplan area, which is undergoing significant redevelopment and transformation.
The development sits adjacent to the new Old Oak Common station, a major interchange serving HS2 and the Elizabeth Line (Crossrail), and one of the UK's largest new transport hubs.
OPDC plans provide for circa 25,500 new homes and around 65,000 new jobs across the wider opportunity area, making it one of the largest planned regeneration projects in Europe. (Figures per OPDC; to be verified — interested parties should make their own enquiries.)
Accommodation
Six ground-floor commercial units are available across two blocks:
North Block
Unit 1: 130 m² (1,400 ft²) — £30,000 p.a.
Unit 2: 66 m² (715 ft²) — £15,500 p.a.
Unit 3: 76 m² (819 ft²) — £17,500 p.a.
Please note the 3 North Block units can be combined. Further details available on request.
South Block
Unit 4: 75 m² (809 ft²) — £17,000 p.a.
Unit 5: 94 m² (1,006 ft²) — £21,500 p.a.
Unit 6: 77 m² (829 ft²) — £17,500 p.a.
Please note Units 4 and 5 can be combined. Further details available on request.
Terms
Leases: New 15-year leases.
Rent Reviews: Five-yearly upward-only rent reviews linked to compounded CPI (collar and cap to be agreed).
Rents: All quoted rents are exclusive of rates, service charges, landlords insurance and VAT.
Rates: The units are to be assessed. Interested parties should verify the rateable value and rates payable with the London Borough of Hammersmith & Fulham / VOA.
Service Charge: Details available on application.
EPC: Details available on application.
Legal Costs: Each party to bear their own associated legal costs.
Specification
- Shell and core condition, ready for tenant fit-out
- Excellent ceiling height throughout
- Great natural light to all units
- Suitable for all E uses
- New lease available
- Capped electric and water services
- 3-phase power
- Located within the Old Oak Common and Park Royal Development Corporation (OPDC) masterplan area — one of Europe's largest regeneration projects