Mixed commercial and residential building with significant refurbishment and conversion potential, just moments from King’s Cross.
Summary
- Mixed-use Freehold
- 3 minute walk from King’s Cross
- Potential to create up to 3 self-contained flats (subject to planning)
- Suitable for small developers and owner-occupiers seeking a value-add opportunity
Accommodation
The residential accommodation will be sold with vacant possession, while the commercial unit currently significantly under‑rented is holding over at £22,000 per annum under a 1954 Act‑protected lease.
| Name | sq ft | sq m | Availability |
| Unit - Ground & Basement Unit | 888 | 82.50 | Occupied |
| Unit - Residential Unit | 954 | 88.63 | Coming Soon |
| Total | 1,842 | 171.13 |
Location
The property is positioned on the west side of Gray’s Inn Road at the corner of Argyle Street, in the heart of King’s Cross. This highly accessible central London location benefits from outstanding transport links and a vibrant mix of amenities.
King’s Cross St. Pancras International, London’s largest transport hub, is about a five‑minute walk away and provides access to six Underground lines: Circle, Hammersmith & City, Metropolitan, Northern, Piccadilly and Victoria as well as national and international rail services such as the Eurostar. Multiple bus routes along Euston Road and Gray’s Inn Road further enhance connectivity.
The surrounding area offers a wealth of shops, cafés, pubs and restaurants, including the boutiques and eateries of Coal Drops Yard and Granary Square.
Get directions from Google Maps
Mainline Stations
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King's Cross4 mins
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St Pancras8 mins
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Euston12 mins
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Farringdon17 mins
Underground Station
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King's Cross3 mins
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Kings Cross St. Pancras4 mins
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St Pancras5 mins
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Russell Square9 mins
Further Information
Rates Payable £14.72 per sq ft
EPC Rating This property has been graded as C
Description
Nestled between Gray’s Inn and the vibrant King’s Cross, 255 Gray’s Inn Road presents a rare opportunity in one of London’s most connected neighbourhoods. Create an inspiring live‑work space or boutique mixed‑use scheme, capitalising on the area’s ongoing regeneration.
Terms
Tenure: Freehold, sold with full vacant possession of the residential parts and the potential to obtain vacant possession or renew the commercial lease at a higher rent.
Guide price: Offers in excess of £1,400,000 for the Freehold of the entire property (commercial and residential).
VAT: We understand the sale is not elected for VAT (no VAT payable on the purchase price).
Planning: Existing use is mixed, Class E commercial at ground and Class C3 residential upstairs. Conversion of additional flats or change of use (Subject to planning permission) from the London Borough of Camden.
EPC: C
Development Potential
- Possibility of extending at the rear of the property whilst also adding a mansard roof (Subject to Planning), allowing the ability to reconfigure the upper parts into up to three self‑contained flats and modernising the ground floor and basement for boutique retail or office use.
- Live/Work owner‑occupier: Use the ground floor for your own business and refurbish the upper floors as a private residence or as apartments to generate rental income.
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