26 - 28 Gloucester Road
South Kensignton
London
SW7 4RB

Freehold Retail and Residential Investment

  • Tenants include Fara Enterprises Limited t/a Fara and Trinity Hospice Shops limited
  • Highly affluent South West London suburb
  • Approximately 600m south of Kensington Palace, 500m from the Royal Albert Hall and 500m from the Natural History and Science Museums
  • Nearby occupiers include Druce, Douglas & Gordon, Toni & Guy, Oddbins and Starbucks
  • Lot
    19
  • Auction
    18/Oct/2018
  • Rent
    £66,500 per Annum Exclusive
  • Status
    Available
  • Price*
    Contact Us
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • 26 - 28 Gloucester Road<br>South Kensignton<br>London<br>SW7 4RB
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Property Information

Location
Miles
1 mile west of Belgravia, 1.5 miles south-west of Mayfair, 300m south of Hyde Park
Roads
A4, M4
Rail
Gloucester Road Underground (Circle, District and Piccadilly Lines)
Air
Heathrow Airport, London City Airport
Situation

South Kensington is a highly affluent and fashionable district of West London located within the Royal Borough of Kensington and Chelsea. The locality is home to infamous London landmarks including the Royal Albert Hall, the Natural History, Science and Victoria & Albert Museums and Imperial College London. The property is prominently located on the west side of Gloucester Road, with nearby occupiers including Druce, Douglas & Gordon, Toni & Guy, Oddbins and Starbucks

Tenure

Freehold.

Description

The property is two attractive terrace buildings comprising two ground floor retail units with basement ancillary accommodation and a four bedroom maisonette on the first and second floors extending across both buildings. The retail units also benefit from a courtyard to the rear.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

UnitFloorUseFloor Areas (Approx)TenantTermRent p.a.x Review/
(Reversions)
26Ground
Basement
Retail
Ancillary
48.8 sq m
57 sq m
(525 sq ft)
(613 sq ft)
FARA
ENTERPRISES
LIMITED (1)
10 years from
7/10/2011
£34,000(6/10/2021)
28Ground
Basement
Retail
Ancillary
45.7 sq m
45.8 sq m
(492 sq ft)
(493 sq ft)
TRINITY HOSPICE
SHOPS LIMITED (2)
10 years from
19/01/2015
£32,50019/01/2020
(18/01/2025)
 First and
Second
4 bedroom
maisonette

not measured

INDIVIDUALS999 years from
14/08/2015
Peppercorn 
Total Commercial
197.3 sq m
(2,123 sq ft)
  £66,500 

(1) Fara Foundation is a registered charity (No 1139349) with HRH The Prince of Wales as the royal patron. The charity benefits vulnerable and disadvantaged children and young people in Romania. Fara Enterprises Limited was incorporated in 1992 and is ultimately owned by Fara Foundation and operates 43 FARA charity shops in London (www.faracharity.org).
(2) Royal Trinity Hospice is a registered charity (No 1013945) with HRH The Duchess of Cornwall as the royal patron. Founded in 1891 Royal Trinity Hospice is England’s oldest hospice. Royal Trinity Hospice Shops Limited was incorporated in 1985 and is ultimately owned by Royal Trinity Hospice and operates from 29 charity shops in London.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    15.10.18
    File Size
    17 MB
    Login to View
  • Catalogue Page
    Updated Date
    26.09.18
    File Size
    3 MB
    View PDF
  • Common Auction conditions
    Updated Date
    27.03.17
    File Size
    124 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Billy StruthBilly Struth +44(0)20 7034 4854billy.struth@acuitus.co.uk
Seller's Solicitors
YVA Solicitors YVA House, 811 High Road
North Finchley
London
N12 8JT
0208 445 9199
Michael Votsis 0208 445 9898mvotsis@yvasolicitors.com

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