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9 Latimer Road Industrial Estate Latimer Road, North Kensington, London, W10 6RQ 410 Square Metres, Equating to 0.1013 Acres (Approx.)

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9 Latimer Road Industrial Estate Latimer Road, North Kensington, London, W10 6RQ 410 Square Metres, Equating to 0.1013 Acres (Approx.) Freehold Development Property for Sale 9 Latimer Road Industrial Estate Latimer Road, North Kensington, London, W10 6RQ 410 square metres, equating to 0.1013 acres (approx.) Location Latimer Road runs north/south between Oxford Gardens & North Pole Road and is within the Royal Borough of Kensington and Chelsea. The area immediately to the south has seen major regeneration with the comprehensive development of numerous office schemes within the local area known as ‘Frestonia’ which forms part of Notting Dale. Directly to the south west the recently extended Westfield London is now Europe’s largest shopping centre, with an unrivalled range of retail/dining/drinking/leisure options all bringing important benefits to surrounding areas. The huge Imperial College developments on Wood Lane around White City have also added to the area’s higher profile. www.bostongilmore.com Number: 020 7603 1616 Communications Latimer Road Underground Station (Hammersmith & City and Circle Lines) is within walking distance. There are also London Overground & Central Line connections in Shepherds Bush and White City. There is convenient road access to Westfield, West London generally and the West End via Holland Park Avenue to the south and the A40(M) Westway. An underpass at the southern end of Latimer Road is due to be constructed improving pedestrian/cycle access to White City Station & Westfield. 2 3 1 www.bostongilmore.com Number: 020 7603 1616 Surroundings Map of surrounding locations Café on Site Local Occupiers Nearby occupiers include Gumball 3000, Chrysalis Group, Designers Guild, Damon Albarn, Lord Litchfield’s Studios, Louise Blouin Foundation, Monsoon, Talk Talk and Mario Testino. Close to the Designers Guild www.bostongilmore.com Number: 020 7603 1616 9 Latimer Road Industrial Estate Latimer Road, North Kensington, London, W10 6RQ 9 Description The site is currently occupied by a single storey warehouse constructed in the 1980’s. The area to the front, rear and side occupy a uniform square site totalling 410 square metres, equating to 0.1013 acres approx. www.bostongilmore.com Number: 020 7603 1616 Planning/ Development Opportunities There is considerable scope for the creation of a new build scheme which may follow to some extent the recent successful application to develop Unit 1, Latimer Road Industrial Estate (which is at the southern end of the terrace of warehouse units). The scheme on the Unit 1 site achieved planning consent in May 2019 for a new four storey building comprising B1 office space on ground floor and 8 x residential units on the upper floors. There might be potential for an increase in development height above 4 storeys on the Latimer Road Industrial Estate (subject to planning). There is also potential for addition of a basement which could replace the B1 accommodation, freeing-up the ground floor for residential use (subject to planning). The link to access the planning information is via the RBKC planning website - ref: PP/19/00991 www.bostongilmore.com Number: 020 7603 1616 Tenancy and Sales Terms Tenancy The property is currently let on a lease outside security of tenure & compensation provisions of the Landlord and Tenant Act 1954. The lease is for a term expiring in March 2021, at a rent of £56,430 per annum exclusive plus VAT until lease expiry. Sale Terms Unconditional offers are invited in excess of £3 million for the freehold interest subject to existing short-term tenancy. www.bostongilmore.com Number: 020 7603 1616 Contact Information VIEWING For further information or an appointment to view please contact Boston Gilmore LLP Jack Lipinski [email protected] 0207 603 1616 Adam Bressloff [email protected] 0207 603 1616 Henry Lipinski [email protected] 0207 603 1616 Boston Gilmore LLP - 4 Beaconsfield Terrace Road London W14 0PP – www.bostongilmore.com Misrepresentation Act 1967: Boston Gilmore LLP for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give Boston Gilmore LLP, nor any person in their employment any authority to make or give, any representation or warranty whatever in relation to this property. 5. Computer Generated Images are for indicative purposes only and do not necessarily represent the finished design specification. Finance Act 1989: Unless otherwise stated all prices and rents are quote exclusive of VAT. Property Misdescriptions Act 1991: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. OCT 2019. .
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