PARK WALK CHELSEA SW10 OAJ
A UNIQUE INVESTMENT IN THE HEART OF CHELSEA
PARK WALK CHELSEA SW10 OAJ
A fully refurbished freehold gated mixed use investment opportunity in the heart of Chelsea
CONTENTS
THE OPPORTUNITY 2
AERIAL VIEW 4
THE DEVELOPMENT 6
LOCAL AREA 8
IDEALLY POSITIONED 10
CONNECTIVITY 12
THE FINER DETAIL 14
OUTSTANDING SPECIFICATION 18
ACCOMODATION SCHEDULE 22
THE RETAIL UNIT 23
THE HOUSES 24
THE APARTMENTS 28
PENTHOUSE APARTMENT 41
LAND REGISTRY 42
ADDITIONAL INFORMATION 43
CONTACT DETAILS 44
1 THE OPPORTUNITY
Secure gated freehold development
Highly desirable location between the King’s Road and Fulham Road in the heart of Chelsea
7 houses and 12 self-contained apartments all with C3 use and rented on AST or contractual tenancies producing £1,014,520 (with 1 house vacant) per annum
All units refurbished within the last 2 years to include high specification fixtures and fittings and fully integrated home automation
All of the units have some form of outside space
Commercial unit fronting on to Park Walk producing £31,000 per annum (FR&I lease)
16 secure underground car parking spaces
Porter / management office
Planning for a 1,268 sq ft penthouse apartment above the apartments and overlooking Park Walk
The property extends to a total GIA of 18,065 sq ft (excluding common areas) of residential and 1,136 sq ft of commercial
Total current rental income of £1,045,520 per annum
3 SOUTH HYDE ROYAL NATIONAL HISTORY KENSINGTON SLOANE BUCKINGHAM SLOANE KENSINGTON THE BOLTONS PARK ALBERT HALL MUSEUM FULHAM ROAD UNDERGROUND ONY COUR HARRODS KNIGHTSBRIDGE STREET CHELSEA KINGS ROAD PALACE SQUARE PE T
5 THE DEVELOPMENT
The property comprises a modern, secure, gated development, which was completed approximately 18 years ago and has recently undergone full refurbishment. It has a mixed flat fronted rendered and brick façade, with timber casement and double glazed windows throughout.
Peony Court is located on Park Walk in the highly sought after “Beach” area of Chelsea. Park Walk runs north to south between the Fulham Road and the King’s Road. Peony Court is located on the north-eastern side of Park Walk approximately 50 metres to the south of its junction with the Fulham Road.
7 Gordon Ramsay’s Maze Grill, Park Walk
LOCAL AREA
The surrounding area is predominantly residential with a large number of high end boutique retail outlets, leisure facilities and restaurants close by.
The Boltons, one of London’s finest residential roads lies just 200 metres to the north west. On Park Walk itself is the newly opened Maze Grill owned by the Gordon Ramsay Group, as well as the fashionable Little Black Gallery (which is part of Peony Court itself) and various other restaurants and The Botanist, Sloane Square independent artisanal shops.
Bluebird, King’s Road
Bibendum Restaurant, Fulham Road The Sporting Page, Chelsea Sophie’s Steakhouse & Bar, Fulham Road
9 Kensington Road 4 1 5 Queen’s Gate KNIGHTSBRIDGE HIGH STREET KENSINGTON 1 9 Sloane Street
Exhibition Road
5
4 8 3
2
9 11 11 IDEALLY POSITIONED GLOUCESTER 10 Earls Court Road ROAD SOUTH 9 10 7 KENSINGTON 8 5 2 3 7 12 7 EARL’S 3 1 SLOANE COURT SQUARE The local area is home to a variety of world-famous cultural 1 4 2 4 Fulham8 Road attractions including the Royal Albert Hall, the Saatchi Gallery, 11 Old Brompton Road 6 the Natural History Museum and the Victoria & Albert Museum. 6 2 A diverse mix of cafés, restaurants and fashionable shops 6 add to the area’s appeal. The extremely well regarded French Lycée school is also a moment’s walk away. 3 12 10 WEST 8 7 BROMPTON 12 14 11 5 6 9 13 13 12 Chelsea Embankment
10 King’s Road
FULHAM BROADWAY
RESTAURANTS BARS PLACES OF INTEREST SHOPPING
1 Cambio De Tercio 1 Duke of Clarence 1 Royal Albert Hall 1 Harrods Natural History Museum Bluebird, King’s Road PARSONS GREEN 2 Riccardo’s 2 Anglesea Arms 2 Lycée Français 2 Peter Jones 3 Bumpkin 3 Eclipse 3 Cinema 3 Sloane Street
4 Tom’s Kitchen 4 Nam Long Le Shaker 4 Natural History Museum 4 Harvey Nichols
5 Gaucho 5 The Phene 5 Science Museum 5 High Street Kensington
6 Bluebird 6 The Trafalgar 6 Blakes Hotel 6 Marks and Spencer
7 Aubrey Restaurant & Bar 7 King’s Arms 7 Falkner House School 7 Waitrose
8 Le Colombier 8 Hollywood Arms 8 Victoria and Albert Museum 8 Stella McCartney
9 Launceston Place 9 Eight Over Eight 9 Bupa Cromwell Hospital 9 The Conran Shop Saatchi Gallery Royal Albert Hall 10 Bibendum 10 Maggies 10 River Thames 10 Hackett
11 Restaurant Gordon Ramsey 11 Jak’s 11 Earls Court Regeneration 11 Mont Blanc Boutique
12 Ivy Chelsea Garden 12 JuJu 12 Saatchi Gallery 12 Viviene Westwood
13 Medlar 13 The Sporting Page
14 Big Easy
Building positions are approximate only and are correct at time of going to press. Map not to scale. 11
UNDERGROUND
CONNECTIVITY Knightsbridge Victoria Paddington Oxford Circus Bond Street King’s Cross LONDON UNDERGROUND 2 mins 4 mins 11 mins 11 mins 13 mins 16 mins FROM SOUTH KENSINGTON
The property is well served by road connections with the Fulham Road and King’s Road providing access to South Kensington, Belgravia, Knightsbridge and the West End and the A3 via Putney to the south-west.
There are numerous bus routes serving the King’s Road and Fulham Road, with London Underground links provided at South
Kensington (Picadilly, Circle and District lines) approximately Royal Albert Hall Sloane Square Marble Arch Mayfair Regents Park Bank 0.8 miles to the north east and Fulham Broadway (District Line) TAXI 8 mins 9 mins 17 mins 20 mins 27 mins 40 mins approximately 0.9 miles to the south-west. FROM PEONY COURT
BUS South KensingtonEarl’s Court Knightsbridge Kensington High StVictoria Station Green Park Bank FROM CHELSEA AND 3 mins 8 mins 9 mins 15 mins 25 mins 34 mins 1 hour WESTMINSTER HOSPITAL
Shaftesbury Avenue, West End Albert Bridge, Chelsea
Heathrow Gatwick City Airport AIRPORTS 38 mins 40 mins 46 mins VIA TUBE/ RAIL NETWORK
New Bond Street Harrods, Brompton Road
Travel times are approximate only and have been sourced from tfl.gov.uk
13 THE FINER DETAIL
7 newly refurbished townhouses totalling 9,313 sq ft, each benefiting from outside space
12 newly refurbished apartments totalling 8,752 sq ft. Many of the apartments have outside space and two include bespoke timber garden studios
A commercial unit arranged over the ground and lower ground floors, fronting Park Walk, totalling 1,136 sq ft. Currently let to The Little Black Gallery.
16 secure private underground parking spaces accessed via the front security gates
A porter station / management office
15 17 19 OUTSTANDING SPECIFICATION
High gloss ‘Intervari’ kitchens with fully integrated appliances, mirrored splash backs and granite work surfaces
Marble bathrooms with fitted vanity units, inset bevelled mirrors and polished chrome sanitary ware fittings and aqua-vision televisions to most master bathrooms
Air conditioning to all houses
Crestron home automation system to each unit controlled via Crestron touch panel and i-pad
Bespoke joinery including fully fitted wardrobes to all bedrooms, television joinery units, flueless gas fires
Engineered timber floors
21 RETAIL UNIT N LOWER BASEMENT / BASEMENT / ACCOMMODATION SCHEDULE GROUND FLOORS 1,136 sq ft
Unit Floor sq ft ERV
RETAIL UNIT Unit 1 LG / G 1,136 31,000 Ground Floor
HOUSES House 1 G / 1st / 2nd 3 3+WC Terrace & Balcony 1,268 75,920 House 2 G / 1st / 2nd 3 3+WC Terrace & Balcony 1,281 76,700
House 3 G / 1st / 2nd 3 3+WC Terrace & Balcony 1,281 76,700
House 4 G / 1st / 2nd 3 3+WC Terrace & Balcony 1,270 78,000
House 5 G / 1st / 2nd 3 3+WC Terrace & Balcony 1, 211 79,300
House 6* G / 1st / 2nd / 3rd 3 3 Terrace & Balcony 1,492 91,000
House 7* G / 1st / 2nd / 3rd 3 3+WC Terrace & Balcony 1,510 91,000 Total 9,313 568,620
APARTMENTS 8 Patio ST 1 Patio 342 23,400 9 Raised Ground 2 2+WC Terrace & Juliet Balcony 881 57,200 10 Raised Ground 2 2+WC Terrace & Juliet Balcony 867 54,600 11 First 2 2+WC Juliet Balcony 818 50,700 12 First 2 2+WC Balcony 797 49,400 14 Second 3 3 2 x Balcony 980 58,760 15 Patio & Raised Ground 2 2+WC Terrace 968 56,160 16 First 1 1+WC Balcony 541 39,000 17 Second 2 2 2 x Balconies 621 48,100 Lower Basement Basement 18 Second 2 2 Terrace & 2 x Juliet Balconies 653 45,500 19 Third 2 2 Juliet Balcony 635 44,200 20 Third 2 2 Balcony & Juliet Balcony 649 44,200 Total 8,752 571,220
PENTHOUSE Penthouse Fourth 2 2 Balcony 1,268
PARKING 16 Parking Spaces** LG 49,920
OFFICE Management Office LG 122
GRAND TOTAL 20,591 1,220,760
Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary. *Both houses 6 and 7 include garages converted to create additional reception rooms. **Parking is on a first come first serve basis. 23 HOUSES 1-4 HOUSE 5 N N THREE BED HOUSE THREE BED HOUSE GROUND / FIRST / SECOND FLOORS GROUND / FIRST / SECOND FLOORS 1) 1,268 sq ft 2) 1,281 sq ft 3) 1,281sq ft 4) 1,270 sq ft 1,211 sq ft
Ground Floor First Floor Second Floor Ground Floor First Floor Second Floor
Terrace Terrace Bedroom 3 Bedroom 3
Kitchen
Bedroom 2 Master Bedroom Conservatory
Balcony Kitchen Balcony Bedroom 2
Master Bedroom
Reception Room Reception Room
Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary. Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary.
25 HOUSE 6 HOUSE 7 N N THREE BED HOUSE THREE BED HOUSE GROUND / FIRST / SECOND / THIRD FLOORS GROUND / FIRST / SECOND / THIRD FLOORS 1,492 sq ft 1,510 sq ft
Ground Floor First Floor Second Floor Ground Floor First Floor Second Floor
Utility Terrace Bedroom 3 Kitchen Terrace Bedroom 3 Utility Kitchen
Reception Room Reception Room Garage Garage
Bedroom 2 Bedroom 2
Third Floor Third Floor
Master Bedroom Master Bedroom
Balcony
Balcony
Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary. Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary.
27 APARTMENT 8 APARTMENT 9 N N STUDIO APARTMENT TWO BED APARTMENT PATIO RAISED GROUND FLOOR 342 sq ft 881 sq ft
Garden Studio
Kitchen Terrace
Bedroom 2 Master Bedroom
Studio
Kitchen
Living Room Patio
Juliet Balcony
Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary. Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary.
29 APARTMENT 10 APARTMENT 11 N N TWO BED APARTMENT TWO BED APARTMENT RAISED GROUND FLOOR FIRST FLOOR 867 sq ft 818 sq ft
Garden Studio
Master Bedroom 2 Bedroom
Terrace
Master Bedroom 2 Bedroom
Kitchen
Kitchen
Living Room
Living Room
Juliet Balcony Juliet Balcony
Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary. Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary.
31 APARTMENT 12 APARTMENT 14 N N TWO BED APARTMENT THREE BED APARTMENT FIRST FLOOR SECOND FLOOR 797 sq ft 980 sq ft
Balcony
Master Bedroom Bedroom 2 Master Bedroom Bedroom 2
Bedroom 3
Kitchen Kitchen
Living Room Reception Room
Balcony Balcony
Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary. Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary.
33 APARTMENT 15 APARTMENT 16 N N TWO BED DUPLEX APARTMENT ONE BED APARTMENT PATIO & RAISED GROUND FLOORS FIRST FLOOR 968 sq ft 541 sq ft
Balcony Lower Floor Upper Floor
Reception / Dining Room
Kitchen Master Bedroom
Bedroom Dining Room
Kitchen
Reception Room Bedroom 2
Terrace
Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary. Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary.
35 APARTMENT 17 APARTMENT 18 N N TWO BED APARTMENT TWO BED APARTMENT SECOND FLOOR SECOND FLOOR 621 sq ft 653 sq ft
Juliet Balcony
Balcony Terrace
Master Bedroom
Master Bedroom
Bedroom 2
Bedroom 2
Kitchen
Kitchen
Living Room
Living Room
Balcony
Juliet Balcony
Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary. Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary.
37 APARTMENT 19 APARTMENT 20 N N TWO BED APARTMENT TWO BED APARTMENT THIRD FLOOR THIRD FLOOR 635 sq ft 649 sq ft
Balcony
Master Bedroom Master Bedroom
Bedroom 2 Bedroom 2
Kitchen Kitchen
Reception Room Living Room
Juliet Balcony Juliet Balcony
Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary. Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary.
39 PENTHOUSE APARTMENT N FOURTH FLOOR 1,268 sq ft
Planning permission granted to create a two bedroom, two bathroom penthouse apartment on the roof of the existing apartments and overlooking Park Walk.
Kitchen Master Bedroom
Reception Room
Bedroom 2
Terrace Terrace
CGI of proposed penthouse. View from Park Walk. Floor plans shown are for approximate measurements only. Floor plans not to scale. Exact layout and sizes may vary.
41
LAND REGISTRY ADDITIONAL INFORMATION 22 13 2 172 1 11 Very energy efficient - lower running costs 174 Very energy ecient - lower running costs Current
176 9 2
178 Surgery Bolton 7 86 Lodge (92 plus)
6 A
182 5 331 184 6
333 (81-91)
12 B
1 115 16 CALLOW STREET
17 77 337 Catherine1 to 7 (69-80)
8 to 14
335 5 7 Court 19 339 C
6 Peony Court 1
2 1 to 6
5 (55-68) Rima 113
House
15 D 60
6
11 24a PARK WALK 24
26 (39-54)
1 28 9 E 1 to 4 15 5 to 14 Stanley
Mansions (11-38) F
7
18 21 8 14 Stanley Studios1 to 7 9 (1-20)
11 G 1 24 27 12 Not energy ecient - higher running costs
Not energy efficient - higher running costs 4
121 2
This is a print of the title plan obtained from Land Registry showing the state of the title plan on 29 October 2014 at 12:43:04. This title plan shows the general position, not the exact line, of the boundaries. It may be subject to distortions in scale. Measurements scaled from this plan may not match measurements between the same points on the ground.
See Land Registry Public Guide 19 — Title plans and boundaries.
43 CONTACT DETAILS
For further information or to arrange an inspection, please contact:
James Mannix Peter Allen 020 7861 5412 020 7409 5972 [email protected] [email protected]
Nick Pleydell-Bouverie James Laverack 020 7861 5256 020 7016 3770 [email protected] [email protected]
Guy Stebbings Davina Clowes 020 7861 5413 020 7016 3838 [email protected] [email protected]
www.peonycourt.com
Disclaimer: Knight Frank and Savills for themselves and for the vendors or lessors of this property whose agents they are, give notice that:- a. the particulars are set out as a general outline only for guidance 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 believed to be correct, but any intending purchasers, tenants or third parties should not rely on them as statements or representations of fact but satisfy themselves that they are correct by inspection or otherwise; c. no person in the employment of Knight Frank or Savills has any authority to make or give any representation or warranty whatever in relation to the property; d. Any images may be computer generated. Any photographs show only certain parts of the property as they appeared at the time they were taken. This correspondence is expressly subject to completion of formal legal missives in accordance with Scots Law. © 2015 Knight Frank and Savills Designed & produced by Sectorlight (1505085) +44 (0)20 7264 7700 sectorlight.com November 2015
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