prime residential investment

Transcription

1 prime residential investment

2 EXECUTIVE SUMMARY EXECUTIVE SUMMARY Rare opportunity to acquire a self-contained freehold block of 14 high quality flats in the heart of Kensington The block comprises 5 x 1 bed flats, 8 x 2 bed flats and 1 x 3 bed flat 13 flats let on AST s and 1 flat on a company let Gross rental income generated 365,458 p.a Set within the heart of central London s shopping and residential district with excellent transport links

3 Location LOCATION Holland Place Chambers is located on Holland Place within the heart of the Royal Borough of Kensington and Chelsea. Holland Place is a short cul-de-sac lying to the west of and running directly off Kensington Church Street, which connects Kensington High Street to the south and Notting Hill Gate to the north. The nearby Kensington High Street (320 metres) and Notting Hill (0.5 miles) tube stations provide access to the Circle, District and Central lines respectively offering excellent transport links. The immediate local area is defined by a mixture of high class residential property, leading London restaurants, popular cafes and cutting edge retail outlets. Furthermore the public open spaces of Holland Park to the west and Kensington Gardens / Hyde Park to the east are a short walk away, as can be seen from the map. TRAVEL TIMES (minutes including walking) Route Victoria 17 Circle line Oxford Circus 27 Central line City (Cannon Street) Euston 31 Heathrow Circle line Circle and Victoria line Circle/ District and Heathrow Express Source:

4 Location LOCATION HOLLAND Holland Place Chambers PARK is located on Holland Place within the heart of the Royal Borough of Kensington and Chelsea. Holland Place is a short cul-de-sac lying to the west of and running directly off Kensington Church Street, which connects Kensington High Street to the south and Notting Hill Gate to the north. The nearby Kensington High Street (320 metres) and Notting Hill (0.5 miles) tube stations provide access to the Circle, District and Central lines respectively offering excellent transport links. HOLLAND PARK NOTTING HILL GATE A402 NOTTING HILL GATE KENSINGTON CHURCH STREET The immediate local area is defined by a mixture of high class residential property, leading London restaurants, popular cafes and cutting edge retail outlets. Furthermore the public open spaces of Holland Park to the west and Kensington Gardens / Hyde Park to the east are a short walk away, as can be seen from the map. HOLLAND STREET HOLLAND PLACE CHAMBERS QUEENSWAY KENSINGTON HIGH STREET BAYSWATER ROAD A402 KENSINGTON GARDENS TRAVEL TIMES (minutes including walking) Route Victoria 17 Circle line Oxford Circus 27 Central line City (Cannon Street) Euston 31 Heathrow 39 KENSINGTON ROAD A Circle line Circle and Victoria line Circle/ District and Heathrow Express Source: ROAD MAP HIGH STREET KENSINGTON PALACE GATE

5 Location LOCATION HYDE PARK Holland Place Chambers is located on Holland Place The immediate local area is defined by a mixture within the heart of the Royal Borough of Kensington KENSINGTON of high PALACE class residential property, leading London and Chelsea. restaurants, popular cafes and cutting edge retail outlets. Holland Place is a short cul-de-sac lying to the west of and running directly off Kensington Church Street, which connects Kensington High Street to the south and Notting Hill Gate to the north. Furthermore the public open spaces of Holland Park to the west and Kensington Gardens / Hyde Park to the east are a short walk away, as can be seen from the map. The nearby Kensington High Street (320 metres) and HOLLAND PLACE CHAMBERS Notting Hill (0.5 miles) tube stations provide access to the Circle, District and Central lines respectively offering excellent transport links. TRAVEL TIMES (minutes including walking) Route Victoria 17 Circle line Oxford Circus 27 Central line City (Cannon Street) Euston 31 HIGH STREET KENSINGTON Heathrow Circle line Circle and Victoria line Circle/ District and Heathrow Express ROAD MAP HIGH STREET KENSINGTON TUBE Source:

6 Location FINCHLEY ROAD CAMDEN TOWN LOCATION PADDINGTON EDGWARE ROAD SWISS COTTAGE ST. JOHN S WOOD BAKER STREET MORNINGTON CRESCENT GREAT PORTLAND EUSTON STREET KING S CROSS ST. PANCRASS ANGEL HIGHBURY & ISLINGTON Holland Place Chambers is located PADDINGTON on Holland Place within the heart of the Royal Borough of Kensington and Chelsea. Holland Place is a short cul-de-sac lying PARK to the west of and running directly off Kensington Church Street, which connects Kensington High SHEPERD S Street to the south BUSH and Notting Hill Gate to the north. HOLLAND The nearby Kensington PLACE High Street (320 metres) and Notting Hill (0.5 miles) tube stations KENSINGTON CHAMBERS provide access to the Circle, District and Central lines respectively offering excellent transport links. ROAD MAP BARON S COURT WEST KENSINGTON WEST BROMPTON FULHAM BROADWAY HOLLAND EARL S COURT EDGWARE ROAD BAYSWATER WARREN STREET EUSTON The MARYLEBONE immediate local area is defined SQUARE by a mixture of high class residential property, leading London restaurants, popular cafes and cutting GOODGE edge retail STREET outlets. LANCASTER QUEENSWAY GATE BOND STREET NOTTING HILL GATE HIGH STREET KENSINGTON KNIGHTSBRIDGE GLOUCESTER ROAD SOUTH KENSINGTON HOLBORN Furthermore the public open spaces of Holland Park to the MARBLE west and Kensington TOTTENHAM Gardens / Hyde Park to the ARCH COURT ROAD east are a short walk away, as can be seen from the map. HYDE PARK CORNER SLOANE SQUARE VICTORIA PIMLICO GREEN PARK PICCADILLY CIRCUS ST. JAMES S PARK WESTMINSTER WATERLOO CHARING CROSS RUSSELL SQUARE CHANCERY LANE TEMPLE FARRINGDON BARBICAN BLACKFRIARS TRAVEL TIMES MOORGATE ST. PAUL S COVENT GARDEN CANNON STREET LEICESTER SQUARE MANSION HOUSE EMBANKMENT SOUTHWARK (minutes STREET including walking) Route Victoria 17 Circle line Oxford BANK Circus ALDGATE 27 Central line City (Cannon Street) BOROUGH OLD STREET MONUMENT LIVERPOOL Euston 31 LONDON BRIDGE Heathrow Circle line TOWER HILL BERMONDSEY Circle and Victoria line Circle/ District and Heathrow Express Source:

7 DESCRIPTION DESCRIPTION Holland Place Chambers was built in c.1900 and comprises 14 residential flats over lower ground to 4th floor and is accessed off Holland Place via a communal entrance. The building also benefits from a lift. The units have benefited from a rolling programme of repairs, a breakdown of which can be accessed via the link below. The block comprises 5 x 1 bed flats, 8 x 2 bed flats and 1 x 3 bed flat with the 2 lower ground floor flats having 2 small patio areas each. Please see below a link for a schedule of accommodation. There is no allocated parking with the building, but resident s permits are available from the local council. Informal enquiries have been made and the cost for 12 month varies from 70 to 170 depending on the emission band of the vehicle.

8 FLOOR PLANS FLOOR PLANS Please rollover above flat numbers to view floor plans.

9 TENURE TENURE The building is held freehold. 13 flats are let on individual AST agreements and 1 flat is subject to a company let.

10 DOWNLOADS DOWNLOADS For the following downloads please visit; Please contact JLL for login details Recent expenditure Sample company tenancy Gas safety certificates Floor Plans Inventory schedule Electrical safety certificates Sample AST tenancy EPC s Draft contract Title register Title plan

11 GALLERY

12 GALLERY

13 GALLERY

14 GALLERY

15 GALLERY

16 GALLERY

17 CONTACT / ACCESS CONTACT ACCESS Jack Simmons +44 (0) (0) Toby Nicholson +44 (0) (0) Tom Henry +44 (0) (0) Hattie Tucker +44 (0) (0) Access to the building can be gained by prior appointment only. Viewing times have been arranged, please contact JLL for more information. Misrepresentation Act 1967 and Declaration Jones Lang LaSalle Limited for themselves and for the vendors of this property whose agents they are give notice that:- a. the particulars are set out as general outline only for the guidance of intending purchasers and do not constitute, nor constitute part of, an offer or contract b. all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them c. no person in the employment of Jones Lang LaSalle Limited has any authority to make or give any representation or warranty whatever in relation to these properties. Jones Lang LaSalle is not responsible for the content of external internet sites.