87a Chester Row Chelsea London SW1W 8JL

  • 87a Chester Row<br>Chelsea<br>London<br>SW1W 8JL

87a Chester Row
Chelsea
London
SW1W 8JL

Freehold Central London Residential Re-Development Opportunity with Planning Consent

  • Comprises a Shop and Vacant Self-Contained Upper Parts
  • Planning Permission Granted for Conversion to a Single House
  • Retail Unit Licence Mutually determinable on 30 days Notice.
  • Approximately 1,436 sq ft (136.35 sq m) and a Roof Terrace
  • Extremely Affluent South West London Location
  • 150m East of Sloane Square, 400m South-West of Buckingham Palace and 850m South of Hyde Park, 500m east of Saatchi Art Gallery
  • Lot
    16
  • Auction
    9th May 2024
  • Rent
    £12,000 per Annum Exclusive
    (Licence on Shop determinable on 30 days notice) with Vacant Possession of Upper Parts
  • Status
    Available
  • Guide*
    Contact Us
  • Sector
    Development
  • Auction Venue
    Live Streamed Auction
  • Expand
  • Photos
  • Map

Freehold Central London Residential Re-Development Opportunity with Planning Consent

  • Comprises a Shop and Vacant Self-Contained Upper Parts
  • Planning Permission Granted for Conversion to a Single House
  • Retail Unit Licence Mutually determinable on 30 days Notice.
  • Approximately 1,436 sq ft (136.35 sq m) and a Roof Terrace
  • Extremely Affluent South West London Location
  • 150m East of Sloane Square, 400m South-West of Buckingham Palace and 850m South of Hyde Park, 500m east of Saatchi Art Gallery
  • Lot 16
  • Auction 9th May 2024
  • Rent £12,000 per Annum Exclusive (Licence on Shop determinable on 30 days notice) with Vacant Possession of Upper Parts
  • Status Available
  • Guide* Contact Us
  • Sector
    Development
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
150m east of Sloane Square, 400m south west of Buckingham Palace, 850m south of Hyde Park
Rail
Sloane Square Underground (Circle and District), Victoria Overground and Victoria Underground Station (Circle, District and Victoria), South Kensington Underground Station (Piccadilly, Circle and District)
Air
London Heathrow, London Gatwick and London City Airports
Situation

The property is prominently located on Chester Row at its junction with Bourne Street, 150m east of Sloane Square. Sloane square is an extremely affluent and fashionable area of London, described as the heart of Chelsea, offering a wide selection of high-end stores and fine dining restaurants. The immediate locality to the property is primarily residential.

Tenure

Freehold.

Location
Miles
150m east of Sloane Square, 400m south west of Buckingham Palace, 850m south of Hyde Park
Rail
Sloane Square Underground (Circle and District), Victoria Overground and Victoria Underground Station (Circle, District and Victoria), South Kensington Underground Station (Piccadilly, Circle and District)
Air
London Heathrow, London Gatwick and London City Airports
Situation

The property is prominently located on Chester Row at its junction with Bourne Street, 150m east of Sloane Square. Sloane square is an extremely affluent and fashionable area of London, described as the heart of Chelsea, offering a wide selection of high-end stores and fine dining restaurants. The immediate locality to the property is primarily residential.

Tenure

Freehold.

Description

The property is an attractive period corner building comprising a self-contained ground floor shop with self-contained upper parts. The property also benefits from a rooftop terrace.

VAT

VAT is not applicable to this lot.

Planning

The property does not appear as Listed on the Historic England website but is within the Belgravia Conservation Area. A planning application has been granted by Westminster City Council under planning ref: 23/08701/FUL for the approved change of use of the entire property to a single residential dwelling (www.westminster.gov.uk).

Completion Period

Six Week Completion

EPC

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

Description

The property is an attractive period corner building comprising a self-contained ground floor shop with self-contained upper parts. The property also benefits from a rooftop terrace.

VAT

VAT is not applicable to this lot.

Planning

The property does not appear as Listed on the Historic England website but is within the Belgravia Conservation Area. A planning application has been granted by Westminster City Council under planning ref: 23/08701/FUL for the approved change of use of the entire property to a single residential dwelling (www.westminster.gov.uk).

Completion Period

Six Week Completion

EPC

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

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Licence Fee
Ground Retail
46.15
(497)
AN INDIVIDUAL Monthly Licence £12,000 (1)
First
Second
Ancillary
Ancillary
51.20
39.00
(551)
(388)
VACANT POSSESSION - -
Total Approximate Floor Area  
136.35
(1,436)
    £12,000

(1) As to the ground floor shop, the landlord can determine the licence on 30 days notice. The licence fee is being paid monthly and the figure stated above has been annualised.

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    01.05.24
    File Size
    21 MB
    Login to View
  • Brochure
    Updated Date
    21.05.24
    File Size
    6 MB
    View PDF
  • Common Auction conditions
    Updated Date
    20.05.24
    File Size
    620 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 060 519john.mehtab@acuitus.co.uk
Edward MartinEdward Martin +44 (0)20 7034 4854 +44 (0)7478 673 535edward.martin@acuitus.co.uk
Seller's Solicitors
Portner Solicitors 6 Cavendish Place
London
W1G 0QA
Daniel Broughton +44 (0) 20 7616 5300dbr@portner.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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