An offshore trust has bought the Cobden Club, 170-172 Kensal Road, W10, for £3.5m.
The 10,700 sq ft former private members club, has planning consent for a 2,500 sq ft gallery on the ground floor, with flats above.
In London Properties acted for the seller, Gowerlane Group.
Robert Soltanie, investment and development consultant at In London Properties, said: “There was a lot of interest from various developers. In the end, the building exchanged contracts within 48 hours via an attended exchange to an off-shore trust.”
joanna.bourke@estatesgazette.com