110 Gloucester Ave 12,000 SF 100% Leased Office Building London NW1 8HX $7,328,155 ($610.68/SF)

A rare opportunity to acquire a characterful freehold office complex in the heart of Primrose Hill, one of London’s most desirable village-style neighbourhoods. The Primrose Hill Business Centre comprises two interconnected buildings arranged around a central courtyard, offering a total of 11,991 sq ft across multiple floors. Originally built as a dairy and later transformed into the UK’s first serviced office, the property blends heritage charm with flexible workspace potential.
The front building spans lower ground to third floor, with each level configured into 4–6 rooms around a central core featuring toilets, showers, and kitchen facilities. The rear mews building, formerly a warehouse, offers larger floor plates across 2.5 floors and has planning consent for a 3,660 sq ft second-floor extension, with a material start already made. This rear structure presents a compelling opportunity for conversion into a stylish warehouse-style office.
Currently operating as a business centre with 35 rooms, reception, meeting spaces, and ancillary areas, the property generates short-term income of £375,000 per annum. Licences are terminable on three months’ notice, allowing flexibility for redevelopment or owner-occupation. Located just minutes from Chalk Farm Underground and the vibrant shops and cafés of Regents Park Road, this asset offers both strategic location and development upside.