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Notting Hill, London FOR SALE - Prime Hostel Refurbishment

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Page 1: Notting Hill, London - Savills · 21 Pembridge Gardens, Notting Hill, London, W2 4EBB LOCATION The property is located in the vibrant district of Notting Hill, just north of Bayswater

Notting Hill, London FOR SALE - Prime Hostel Refurbishment

Page 2: Notting Hill, London - Savills · 21 Pembridge Gardens, Notting Hill, London, W2 4EBB LOCATION The property is located in the vibrant district of Notting Hill, just north of Bayswater

21 Pembridge Gardens, Notting Hill , London, W2 4EB

LOCATIONThe propert y is located in the vibrant district of Notting Hill , just north of Bayswater Road (A402) and Notting Hill Gate London Underground Station which provides exceptional connectivit y to central London via District, Circle and Central Line ser vices as well as excellent bus routes.

Pembridge Gardens is a quintessential British street with impressive traditional period housing, student hostels, and small hotels within just a short walk of world-famous destinations such as Portobello Road, Hyde Park, Kensington Palace and Kensington Gardens.

There is a wide variet y of independent and boutique retail shopping in the immediate area, specifically those found at Portobello Market. The popular music and arts venues of Notting Hill Arts Club and Electric Cinema Theatre are both closeby as well as an eclectic mix of restaurants, bars and pubs such as Ottelenghi, Churchill Arms, Granger & Co and Beach Blanket Babylon.

21 Pembridge Gardens is just 8 minutes on the Circle Line from the museum and exhibition district of South Kensington, which is home to the Natural Histor y Museum, Science Museum, Victoria and Albert Museum and the Royal Albert Hall .

Journey times from Notting Hill Gate

Paddington (circle/district) 4 minutes

Marble Arch (central) 5 minutes

Oxford Circus (central) 7 minutes

South Kensington (circle/district) 8 minutes

Victoria (circle/district) 12 minutes

Kensington Gardens / Hyde Park walk 8 minutes

� Grade II Listed Georgian building with large garden

� Freehold with vacant possession

� Notting Hill Gate Underground Station closeby (Central, District & Circle lines)

� Close to Portobello Road, Kensington Palace and Hyde Park

� Former international student hostel (Sui Generis planning)

� Gross Internal Area of 7,424 sq ft (690 sq m)

� Managers accommodation in lower ground floor

WO

OD LN A219

NOTTING HILL GATE

BAYSWATER RD

KENSINGTON HIGH STREET A315

KENSINGTON RD A315

LADBROKE GRO

VE

KENSINGTON CHURCH ST

PEM

BRIDG

E ROAD

WESTBOURNE GROVE

CARRIAGE DRIVE

SUSS

EX G

ARDENS

B412

INVERNESS TERRACE

QUEENSW

AY

A41 PARK STN AUDLEY ST

SEYMOUR ST

GEORGE ST

CRAWFORD STSEYM

OUR PL

KENSINGTON PARK ROAD

KENSINGTON PALACE G

ARDENS

OXFORD STREET

PORTOBELLO RO AD

HOLLAND ROAD

W CRO

SS RTE

WESTWAY A404 WESTWAY

EDGWARE RD

WESTWAY

WESTWAY

B

ROMPTON ROAD

KNIGHTSBRIDGE

PARK LANE

PARK LANE

NOTTING HILL

KENSINGTON

HOLLAND PARK

KENSINGTONGARDENS

LADBROKESQUARE

H Y D EPA R K

SERPENTINEGALLERY

ROYAL ALBERTHALL

KENSINGTONPALACE

SHEPHERDS BUSH

LADBROKE GROVE

HOLLAND PARK

HIGH STREET KENSINGTON

KNIGHTSBRIDGE

HYDE PARK CORNER

MARBLE ARCH

LONDON PADDINGTONROYAL OAK

BAYSWATER

QUEENSWAY

NOTTING HILL GATE

LANCASTER GATE

KENSINGTON

Page 3: Notting Hill, London - Savills · 21 Pembridge Gardens, Notting Hill, London, W2 4EBB LOCATION The property is located in the vibrant district of Notting Hill, just north of Bayswater

21 Pembridge Gardens, Notting Hill , London, W2 4EB

Portobello MarketPortobello market is the world’s largest antiques market with over 1 ,000 dealers. The market is famous for its antiques, vintage items and collectables, but it also features a superb selection of fashion, food, crafts , books and music.

Bars, Pubs & ClubsAlong with the Notting Hill Carnival that takes place each year, the vibrant streets are home to fantastic bars, pubs and clubs including Notting Hill Arts Club, The Cow, Ladbroke Arms, Churchill Arms, Beach Blanket Babylon, Mau Mau Bar and The Elgin.

Parks & Open SpaceThe propert y is within an 8 minute walk from Hyde Park, a 10 minute walk from Holland Park and just a few minutes walk from nearby Ladbroke Square Garden and Pembridge Square Garden.

Entertainment & LeisureThere are a variet y of widely-recognised entertainment venues in the immediate area including The Electric Cinema by Soho House, The Gate Theatre, The Tabernacle, The Print Room and Notting Hill Book Shop.

RestaurantsAn eclectic mix of haute cuisine, trendy cafes and contemporar y restaurants are moments away. A few examples include The Ledbur y, Eggbreak, E&O, Notting Hill Kitchin, Valentina, Essenza and Ottelenghi.

RetailThere are a number of boutique and high street fashion brands in the area including Daylesford, Sweat y Bett y, Zadig & Voltaire, Ben Sherman and Aesop.

Page 4: Notting Hill, London - Savills · 21 Pembridge Gardens, Notting Hill, London, W2 4EBB LOCATION The property is located in the vibrant district of Notting Hill, just north of Bayswater

21 Pembridge Gardens, Notting Hill , London, W2 4EB

London Paddington

StationPortobello

RoadOxford Street

Notting Hill Gate

Hyde Park

Buckingham Palace

Kensington Palace

Royal Albert Hall

City of London

Page 5: Notting Hill, London - Savills · 21 Pembridge Gardens, Notting Hill, London, W2 4EBB LOCATION The property is located in the vibrant district of Notting Hill, just north of Bayswater

Ground Floor

Bedroom B25.03 x 4.5016'6" x 14'9"

Bedroom B34.42 x 4.0414'6" x 13'3"

BoilerRoom

Bedroom B14.50 x 4.4214'9" x 14'6"

CommunalRoom 1

6.17 x 4.4220'3" x 14'6"

CommunalRoom 5

5.56 x 4.4218'3" x 14'6"

CommunalRoom 2

4.04 x 3.4313'3" x 11'3"

CommunalRoom 3

10.13 x 4.5733'3" x 15'

CommunalRoom 4

5.79 x 4.5719' x 15'

3.12 x 2.1310'3" x 7'

LowerGround Floor

Kitchen

Ground Floor

Bedroom B25.03 x 4.5016'6" x 14'9"

Bedroom B34.42 x 4.0414'6" x 13'3"

BoilerRoom

Bedroom B14.50 x 4.4214'9" x 14'6"

CommunalRoom 1

6.17 x 4.4220'3" x 14'6"

CommunalRoom 5

5.56 x 4.4218'3" x 14'6"

CommunalRoom 2

4.04 x 3.4313'3" x 11'3"

CommunalRoom 3

10.13 x 4.5733'3" x 15'

CommunalRoom 4

5.79 x 4.5719' x 15'

3.12 x 2.1310'3" x 7'

LowerGround Floor

Kitchen

Bedroom 115.71 x 4.5718'9" x 15'Bedroom 10

4.27 x 2.2114' x 7'3"

Bedroom 95.71 x 4.7218'9" x 15'6"

Bedroom 84.65 x 3.5115'3" x 11'6"

Bedroom 126.63 x 4.5721'9" x 15'

Bedroom 35.71 x 4.7218'9" x 15'6"

Bedroom 24.65 x 3.5115'3" x 11'6"

Bedroom 44.19 x 2.2113'9" x 7'3"

Bedroom 55.49 x 4.57

18' x 15'

Store

Bedroom 74.80 x 2.2115'9" x 7'3"

Bedroom 65.71 x 2.2118'9" x 7'3"

First Floor Second Floor

Bedroom 143.51 x 2.2911'6" x 7'6"

Bedroom 132.97 x 2.299'9" x 7'6" Bedroom 20

4.57 x 3.9615' x 13'

Bedroom 195.11 x 2.2916'9" x 7'6"Bedroom 18

4.11 x 2.2113'6" x 7'3"

Bedroom 174.04 x 2.2113'3" x 7'3"

Bedroom 164.11 x 2.2913'6" x 7'6"

Bedroom 154.65 x 2.2915'3" x 7'6"

Third Floor

EXISTING ACCOMMODATION

Floor Level sq m sq ft

Lower Ground Floor 158 1,700

Ground Floor 154 1,662

First Floor 139 1,495

Second Floor 135 1,456

*Third Floor 103 1,111

TOTAL 689 7,424

*including mezzanine landing

Lower Ground Floor

Second FloorFirst Floor

Ground Floor

Third Floor

21 Pembridge Gardens Notting Hill , London, W2 4EB

Page 6: Notting Hill, London - Savills · 21 Pembridge Gardens, Notting Hill, London, W2 4EBB LOCATION The property is located in the vibrant district of Notting Hill, just north of Bayswater

21 Pembridge Gardens, Notting Hill , London, W2 4EB

PLANNINGThe propert y is located in the Royal Borough of Kensington and Chelsea. It is Grade II Listed and lies within the Pembridge Conser vation Area.

The propert y has been occupied for many years by an international education company for students studying in London.

This form of long stay hostel is classified as “Sui Generis”. It is considered to be a communit y use within the Borough and as such various policies protect it .

There may be potential to extend the building to the rear and at roof level subject to the necessar y consents.

Further information is provided within the data room.

TENUREThe propert y is for sale Freehold with vacant possession.

R ATEABLE VALUEThe rateable value for 2017/18 is £28,500 and the rates payable for 2017/18 we understand to be £15,107 (due to transitional arrangements).

VATWe understand that the propert y has not been elected for VAT.

Page 7: Notting Hill, London - Savills · 21 Pembridge Gardens, Notting Hill, London, W2 4EBB LOCATION The property is located in the vibrant district of Notting Hill, just north of Bayswater

21 Pembridge Gardens, Notting Hill , London, W2 4EB

TITLE PLAN

Page 8: Notting Hill, London - Savills · 21 Pembridge Gardens, Notting Hill, London, W2 4EBB LOCATION The property is located in the vibrant district of Notting Hill, just north of Bayswater

METHOD OF SALEBy informal tender – unconditional offers are invited.

FURTHER INFORMATIONFurther information is available at: w w w. Savills.com/21pembridgegardens

21 Pembridge GardensNotting Hill , London, W2 4EB

Disclaimer

Savil ls , for themselves and for the vendors or les sors of this proper t y whose agents they are give notice that: (i) the par ticulars are set out as a general outl ine only for the guidance of intending purchasers or les sees , and do not constitute, nor constitute par t of, an of fer or contract; (i i) al l descriptions , dimensions , references to condition and neces sar y permis sions for use and occupation , and other details are given without responsibil it y and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisf y themselves by inspection or other wise as to the correctnes s of each of them; (i i i) no person in the employment of Savil ls has any authorit y to make or give any representation or warrant y whatever in relation to this proper t y.

October 2017

VIEWINGSViewing days will be arranged and are strictly by appointment only. Please contact the sole selling agents:

Gary Witham M R I CS Director 020 7409 9902 07967 555 678 gwitham@savills .com

Amy Farrugia Senior Analyst 020 7409 8868 07807 999 091afarrugia@Savills .com