R E S I D E N T I A L D E V E L O P M E N T W I T H P L A N N I N G C O N S E N T

H O L L A N D P A R K

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H O L L A N D P A R K

- Residential development opportunity in prime Holland Park location.

- Benefitting from planning consent for a 241.20 sq m (2,597 sq ft) 4 bed luxury house with substantial outside amenity space.

- Opportunity to develop an architecturally significant trophy home.

- Our client is seeking offers in the region of £4,500,000 (Four million five hundred thousand pounds) for their freehold or company interest on an unconditional basis, subject to contract and exclusive of VAT.

- This reflects a capital value £1,732 psf on the consented space.

IN VE STMEN T SUMMARY

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Nestled around the magnificent 54 acre Holland Park and located to the south of Notting Hill, west of Kensington Palace and north of Kensington High Street, the area is characterised by impressive stucco fronted mansions with wide, sweeping tree-lined avenues.

Despite the very close proximity to some of London’s finest retail and restaurants in Notting Hill and Kensington, Holland Park retains a quiet, village-like atmosphere which further adds to the area’s appeal.

The neighbourhood benefits from excellent transport links. Holland Park tube station is on the Central Line which provides direct access to the West End (Bond Street) in 8 minutes and the City (St Paul’s) in 16 minutes.

The area’s close proximity to the Westway (A40) provides excellent road access both to the west via the M40 and on to the M25 and to the east and north with the A40’s links to the A1 and A10.

This excellent road access means the following airports and heliports are within easy reach.

The property occupies a prestigious yet private locationand fronts on to the western side of Holland Park.

Holland Park is located in the prestigious Royal Borough of Kensington & Chelsea and is one of London

and, indeed, the World’s premier residential locations.

LO CATI O N

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SITUATION

The property occupies a prestigious yet private location and fronts on to the western side of Holland Park (the site is south-west facing) at its junction with Holland Park Mews and to the north of Abbotsbury Road. The green spaces of Holland Park are a little over 100m to the south of the property.

Holland Park Tube Station is just 300m to the north-east of the property, the boutique retail and world class restaurants of Notting Hill, Kensington High Street and the Westfield shopping centre are all under 1 km away to the east, south and west respectively.

Battersea Heliport 3.4 miles 13 mins

Northolt Private Jet Centre (RAF Northolt) 11.7 miles 25 mins

Heathrow Airport 14.4 miles 25 mins

London City Airport & Jet Centre 14.3 miles 47 mins

Gatwick Airport 35.7 miles 53 mins

(Travel distances and fastest drive times. Source: Google maps)

TRAV E L D I STA NCE S AN D J OURN EY TIME S BY CAR

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Hyde Park

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The Serpentine

WestfieldLondon Kensington

Palace

BuckinghamPalace

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MARYLEBONENOTTING HILL

MAYFAIR

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CHELSEA

SloaneSquare

QueenswayNotting Hill Gate

Earls Court

Kensington High Street

Holland Park

Shepherd’s Bush

Lancaster Gate

Marble Arch

Knightsbridge

South KensingtonGloucester Road

KENSINGTON (OLYMPIA

H O L L A N D P A R K

Full planning and architectural documents can be downloaded from the dedicated data room.www.bidwells.co.uk/91-holland-park

Please contact Bidwells for login and password details.

ARCHITECTS

The planning approved scheme has been designed by award winning Tigg+Coll Architects to RIBA stage 3.www.tiggcollarchitects.com

Full architectural drawings can be found in the data room.

Should you wish to discuss the scheme further with the architects please ask the agents and this can be arranged.

DE SC RI PTI O N

The property benefits from a full planning permission (PP/15/08171) to create a new 4 bedroom, 4 bathroom,

architecturally significant property.

Computer generated images:

Opposite pageLiving / Dining

This page, above & centreKitchen / DiningBelowMaster Bedroom Suite

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The planning consent provides the following areas:

Consented Internal Area External Space

Sq m Sq ft Sq m Sq ft Ground Floor 161.71 1,741 23.12 249 (Courtyards)

First floor 79.49 856 82.98 893 (Garden)

* Please note that as the additional space created is below 100 sq m, no CIL will be payable on this development.

FLOO R P L A NS

The property benefits from full RBKC resident parking permit rights which allow parking in resident bays anywhere within the borough.

PARKIN G

Many of London’s top preparatory and international schools are located within a 2.5 mile radius (15 minute drive) of the property. These schools also fall within the RBKC parking permit zone, from which the property benefits. These include:

Holland Park Pre-Preparatory School 0.6 miles

Lycée Français Charles de Gaulle 1.5 miles

Hill House 2.11 miles

Eaton House 2.41 miles

Garden House 2.44 miles

SCH OOLS IN TH E AREA

Freehold.

TEN URE

Address Number of Beds Date Sale Price Price per sq ft

32 Hyde Park Gate 6 April 2016 £15,150,000 £3,244

49 Clarendon Road 5 Feb 2016 £12,000,000 £2,758

4 Lansdowne Crescent 8 Jan 2016 £12,750,000 £2,822

39 Ladbroke Square 4 July 2015 £8,900,000 £2,840

120 Elgin Crescent 4 June 2015 £8,750,005 £2,751

25 Holland Park 9 April 2015 £30,000,000 £2,865

Flat 1 (Gnd/Lwr Gnd Floor), 5 Dec 2014 £10,500,000 £2,617 13 Holland Park

Holland Park is considered one of the capital’s most affluent neighbourhoods. The central location and picturesque parks and homes have caught the eye of several large scale investors and high profile international buyers. Featuring charming yet spacious listed buildings with an English garden feel, it is an ideal choice for

families. It has retained its style for much of its development while investing in some innovative new projects for the community.

Holland Park continues to command strong capital values. Some examples of recent transactions in the area are as follows:

MARKET COMMEN TARY

Not to scale. Plans are for identification purposes only.

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Ground Floor

LIGHT WELL

LIGHT WELL

MASTER BEDROOM

DRESSING ROOM

MASTERBATHROOM

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ground floor

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The property has been given an EPC Rating of C70.

EP C RATI NG

The acquisition of this property will be exempt from VAT. Additionally, we understand that due to the period of vacancy at the property, buildings works should be subject to a reduced VAT rate of 5%, though potential purchasers should seek their own VAT advice to confirm this.

VAT

Our client is seeking offers in the region of £4,500,000 (Four million five hundred thousand pounds) for their freehold interest or for the acquisition of the single asset Guernsey SPV which owns this property, on an unconditional basis subject to contract and exclusive of VAT.

P R O P OSA L

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Important notice relating to the Misrepresentation Act 1967 Bidwells LLP act for themselves and for the vendors of this property, whose agents they are, give notice that:These particulars do not form part of any offer or contract and should not be relied upon as statements or representatives of fact. Bidwells LLP have no authority to make or give in writing or verbally any representation or warranties in relation to the property. Any areas of measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. No assumptions should be made that the property has all necessary planning, building regulation or other consents. Bidwells LLP have not carried out a survey, nor tested the services, appliances or facilities. Purchasers must satisfy themselves by inspection or otherwise. In the interest of Health & Safety, please ensure that you take due care when inspecting the property.Bidwells LLP is a limited liability partnership registered in England & Wales (registered number OC344553). Registered head office is Bidwell House, Trumpington Road, Cambridge CB2 9LD, where a list of members is available for inspection. July 2016. Designed and produced by Cooper Rose 020 3440 5160

FURTH ER IN FORMATION

Should you have any queries or wish to make an inspection, please contact:

Mike FoxDD: 020 7297 6273E: mike.fox@bidwells.co.uk

Kat IlettDD: 020 3761 3633E: katherine.ilett@bidwells.co.uk

Bidwells25 Old Burlington StreetLondon W1S 3AN

T: 020 7493 3043F: 020 7493 2213

www.bidwells.co.uk/91-holland-park