|Landmark Building on the Vale Acquired for Development|
Housing Association pays £13.5 million for former Brown Brothers site
16, The Vale an art deco warehouse on the border of Acton and Shepherd’s Bush has been sold for £13.5 miliion.
The four storey building has been bought by a West London housing association at a price which is the equivalent of £386 per square foot.
The current site is 35,000 sq ft but has planning permission for a 50,000 sq ft mixed use scheme comprising 39 private
It was originally built in 1928 by aircraft parts manufacturer Brown Brothers and was purchased by Amplio in July 2016 from Newman Hire who were long standing clients of property agent Frost Meadowcroft. Newman Hire rented out antiques and props to the film industry.
July 19, 2017