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 EONY COURT HARRODS KNIGHTSBRIDGE STREET CHELSEA KINGS ROAD PALACE SQUARE P 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 CONNECTIVITY 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 FulhamThere Road, are with numerous London bus Underground routes serving links the provided King’s Roadat South and Kensington (Picadilly, Circle and District lines) approximately 0.8 miles to the north east and Fulham Broadway (District Line) via Putney to the south-west. approximately 0.9 miles to the south-west. Shaftesbury Avenue, West End New Bond Street Albert Bridge, Chelsea LONDON UNDERGROUND FROM SOUTH KENSINGTONUNDERGROUND Harrods, Brompton Road Knightsbridge FROM PEONY COURT 2 mins TAXI Victoria 4 mins Paddington 11 mins Royal Albert Hall Oxford Circus WESTMINSTERFROM CHELSEA HOSPITAL AND 8 mins 11 mins BUS Bond Street Sloane Square 9 mins 13 mins Marble Arch King’s Cross 17 mins 16 mins Mayfair South Kensington VIA TUBE/ RAIL NETWORK 20 mins 3 mins AIRPORTS Regents Park Earl’s Court 27 mins 8 mins Bank Knightsbridge 40 mins 9 mins Heathrow Kensington High St 38 mins 15 mins Gatwick Victoria Station 40 mins 25 mins City Airport Green Park 46 mins 34 mins Travel times are approximate only and have been sourced from tfl.gov.uk Bank 1 hour 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.