21 Conduit Place

21 Conduit Place, London, W2 1HS

For Sale

Unfitted

Description

The property comprises two adjoining buildings known as the coach house and the warehouse which feature four connecting studios three of which benefit from their own self contained street entrances. The buildings have been stylishly converted into an impressive creative workspace which features high ceilings with original timber trusses, exposed brickwork and wooden floors, the studio has excellent natural light from the floor to ceiling windows, and skylights. Facilities include a fitted kitchens, showers and meeting areas. In addition, there is a mezzanine storage area, a lift, a terrace and an external garden area. In a previous life, Studio C was the workplace of musician Peter Gabriel – now the space is used as office space with a total NIA of 4,903 sq ft and a gross internal area of 5,907 sq ft The overall site measures 0.12 acres (0.05 hectares) and is largely rectangular in shape. The buildings were extensively renovated in 2015, providing a high-quality, modern design.The property further benefits from an attractive garden located to the rear of the property which is accessible by the three ground floor studios.

Location

The building is located on Conduit Place; a mews running between Spring Street and London Street. Located immediately adjacent to Heathrow Express and Paddington underground and mainline stations. Incredibly well connected with four London Underground lines and the new Elizabeth Line (Crossrail) run through Paddington, including the Circle Line connecting Paddington with other London mainline train stations; Euston, King’s Cross,Liverpool Street, Marylebone and Victoria.

Historically known for its industrial uses along the Paddington Basin and role as a transport hub following the Industrial Revolution, Paddington today is home to a number of multinational corporations, leisure and cultural amenity and green open spaces. The Paddington Basin has undergone significant investment over the last decade, transforming the area into a modern residential and cultural hub for the surrounding area. Moreover, the opening of Crossrail at Paddington has further enhanced the accessibility and desirability of Paddington to a range of occupiers and investors, as seen with Great Western Development’s 350,000 sq ft office development at 1 Paddington Square. Paddington is further home to number of global brands and occupiers, such as Visa, Vodafone, Microsoft and BNP Paribas.

The retail offering along Praed Street provides a range of independent and national retailers, such as Tesco, Blank Street Coffee, the Fountains Abbey and Zonchi restaurant. Paddington Square is further home to a number of national brands, such as Wahaca, Gail’s, Holland & Barrett and Market Halls.

Leisure and sporting amenities such as The Paddington Sports Club, Nuffield Health, Little Venice Sports Centre and Seymour Leisure Centre are close by. The Paddington Basin further provides a Floating Pocket Park, the Beany Green floating café, Active 360 paddle boarding and the Fountain Maze.

Size: 4,903 sq ft

Guide Price: Offers in the region of £5,000,000

Tenure: For Sale

Service Charge: TBC

Status: Under Offer

Business Rates: £11.94 per sqft

Availability

Description	Size	Rent	Business Rates	Service Charge	Status
First Floor	1,594 sqft	TBC	TBC	TBC	Available
Ground Floor	3,160 sqft	TBC	TBC	TBC	Available
Mezzanine	149 sqft	TBC	TBC	TBC	Available
First Floor Terrace	141 sqft	TBC	TBC	TBC	Available
Ground Floor Garden	533 sqft	TBC	TBC	TBC	Available