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.
