- A rare opportunity to acquire a consented development opportunity in the heart of Knightsbridge.
- Situated in close proximity to Harrods and Sloane Square.
- Ideally located 0.3 miles from Knightsbridge Station (Piccadilly Line) and 0.5 miles from Sloane Square Station (Circle & District Line).
- Planning permission was granted in 2018 and implemented in 2022 for demolition of the existing two-storey mews house and replacement with contemporary two storey mews with mansard and basement level accommodation (The Royal Borough of Kensington and Chelsea Ref: PP/18/03620).
- Total Proposed GIA – 223.8 sq m / 2,409 sq ft.
- Currently comprises an existing 2 bedroom house totalling 1,223 sq ft.
- The existing house is rented on an AST producing £108,000 pa.
- Freehold.
- CIL Liability estimated at £103,000 (there will be zero CIL payable in the event the development will be an end user’s primary residence as CIL relief can be claimed).
PROPOSAL
Guide Price - Offers In Excess Of £3,000,000 (Three Million Pounds) subject to contract.