House For Sale Palace Court, London, W2
£8,000,000
1 of 12
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Last Updated: 12th April 2024
Description
The existing Property comprises a lower ground plus four-storey mid-terrace Victorian building, measuring approximately 7,471 sq ft (694 sq m) GIA
The Property was previously used as part-office accommodation and part-student hostel. The Property is partially occupied and has been operating entirely as an office since 2017, producing a rental income of £338,640 per annum
Planning permission (23/06144/FULL) has been granted for change of use from part-office and part-student hostel to create four luxury residential units, totalling 6,802 sq ft (632 sq m) NSA and 7,613 sq ft (707 sq m) GIA
The existing tenant's have a 2-month rolling break clause allowing for full vacant possession to suit an incoming purchaser
Offers are invited for the freehold interest by private treaty via informal tender
The Property was previously used as part-office accommodation and part-student hostel. The Property is partially occupied and has been operating entirely as an office since 2017, producing a rental income of £338,640 per annum
Planning permission (23/06144/FULL) has been granted for change of use from part-office and part-student hostel to create four luxury residential units, totalling 6,802 sq ft (632 sq m) NSA and 7,613 sq ft (707 sq m) GIA
The existing tenant's have a 2-month rolling break clause allowing for full vacant possession to suit an incoming purchaser
Offers are invited for the freehold interest by private treaty via informal tender
Located in a quiet position on Palace Court, it is a 3-minute walk from the entrance to Kensington Gardens. It sits within Zone 1 and benefits from excellent transport links (PTAL 6a)
Agent Details
YOPA Property Ltd
22, Arlington Street, London, SW1A 1RD
Show Contact Number
0333 305 0202
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Nearby Locations
Westminster (City Of)LondonKensington And Chelsea (London Borough)Hammersmith And Fulham (London Borough)City Of London (London Borough)Kensington GardensBayswaterNotting HillHolland ParkLittle VeniceWestbourne GreenKnightsbridgeKensal TownNorth KensingtonEarl's CourtWest KilburnMaida ValeSouth KensingtonLisson GroveWest Kensington
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.