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  • Chanricarde Gardens, Notting Hill, London Prime Central London Residential Investment Opportunity

    Prime Central London Residential Investment Opportunity

    Clanricarde Gardens Notting Hill

    London W2 4JN

    35 37

    &

  • Chanricarde Gardens, Notting Hill, London Chanricarde Gardens, Notting Hill, London Prime Central London Residential Investment Opportunity Prime Central London Residential Investment Opportunity

    Location & Transport The property is located in Notting Hill, within the Royal

    Borough of Kensington and Chelsea. Notting Hill is a

    fashionable area of prime central London. There is a range

    of shopping amenities available on Notting Hill itself, along

    with fashionable boutiques, exclusive bars and eateries in the

    immediate surrounding area. The world famous Portobello

    Road is immediately to the west whilst Kensington Gardens

    are approximately 150 metres to the east.

    Clanricarde Gardens is a cul de sac road which runs north off

    Notting Hill. The subject property is situated on the north east

    side of the road.

    Notting Hill London Underground station (Travel Zone 1,

    District, Circle and Central Lines) is situated approximately 500

    metres to the west providing easy access to the West End.

    Journey times to Oxford Circus are approximately 8 minutes

    and approximately 17 minutes to Bank Station in the City. The

    Central Line also links with the Piccadilly Line giving access

    to Heathrow Airport. The Queensway London Underground

    station (Central Line) is situated approximately

    0.4 miles (650 metres) to the east.

    An attractive pair of adjoining, period terraced buildings configured to provide 14 apartments

    Let on a full repairing lease to the Russian Federation for a term certain of 14.5 years at a current rent of £335,000

    per annum

    Attractive annual rent reviews linked to the Retail Price Index (RPI)

    Overall gross internal area of 949 sq m / 10,214 sq ft (including common parts)

    Located in Notting Hill, within the Royal Borough of Kensington and Chelsea, close to Notting Hill Underground

    Station (Travel Zone 1, Central, Circle

    and District lines)

    The property is occupied by employees of the Russian Embassy

    Various future asset management options

    Executive Summary

    “An opportunity to own a pair of freehold properties in Notting Hill, benefiting from a full repairing lease with a 14.5 year unexpired term”

    Summary

    Units 14 apartments

    Gross internal Area (Sq m / sq ft)

    949 sq m / 10,214 sq ft (including common parts)

    Passing Rent (pa) £335,000

    Tenure Freehold

    T

    H E

    T

    H A

    M E

    S

    Harvey Nichols

    Natural History

    Museum

    Royal Albert

    Hall

    V&A Museum

    Westfield London

    Kensington Palace

    O LD BO

    N D ST

    EDGWARE ROAD PARK LANE

    GROSVENOR PL VA

    UXHALL BRIDGE RD

    H

    OLL AND

    PAR K AV

    E

    BAYSW

    ATER RD

    BAYSW

    ATER RD

    OXF ORD ST

    OX FORD ST

    KEN SIN

    G TO

    N C

    H

    U RCH ST

    LAD BRO

    KE GRO VE

    K ENSINGTON PARK RD

    WES TBO

    URN E PAR

    K RD

    CH

    APSTO W

    RD

    WESTBOU RNE G

    ROV E

    K ENS

    ING TON

    HIG H S

    TRE ET

    KENSINGTO N RD

    CROMWELL RD A4

    BR

    OM PTO

    N R D

    W ARW

    ICK GRDN S

    REDCLIFFE GRDNS

    G LOU

    C ESTER RD

    FU

    LH AM

    RD

    A 30

    8

    A

    321 7

    K IN

    G’S RD

    SLO AN

    E ST CHELSEA BRIDGE RD

    CHELS EA EMB

    ANKME NT G

    ROSVENOR RD A3212 M ILLBA

    NK

    BEAUCH AMP PL PONT

    ST

    ECCLESTON ST BELG

    VE RD

    P

    ICC AD

    ILL Y

    VIC TOR

    IA S T

    BUCKINGHAM GATE

    M ARSH

    AM ST

    AL BE

    RT E

    M BA

    N KM

    EN T

    L

    AM BE

    TH P

    AL AC

    E R D

    VI C

    TO RI

    A EM

    BA N

    KM EN

    T

    PAL L M

    ALL

    W HITEH

    ALL

    KIN G

    SW AY C

    H ARIN

    G CRO

    SS RD

    REG EN

    T ST

    WIGM ORE ST

    NEW BO

    ND ST

    BR UT

    ON

    ST

    ST ND

    E XH

    IB IT

    IO N

    R D

    BROO K ST

    GROS VENO

    R ST

    MOU NT ST

    WARWICK RD

    WAR WICK WAY

    HAMMERSMITH FLYOVER A315

    H

    AM M

    ER SM

    IT H

    BR ID

    GE

    FU LH

    A M PALACE RO AD

    G OLD

    HAW K RO

    AD

    A402

    UXBRIDGE ROAD A4020

    W O

    O D

    LAN E A219 SH

    EPH ERD

    ’S BU SH

    RO AD A219

    WESTWAY A40

    PO RTO

    BELLO ROAD

    KEN SIN

    G TO

    N PALACE G

    ARD EN

    S

    HOLLAND PARK

    HYDE PARK

    KENSINGTON GARDENS

    GREEN PARK

    BERKELEY SQUARE

    MAYFAIR ST JAMES’S

    CHELSEA

    NO�ING HILL

    BAYSWATER

    KENSINGTON

    WHITE CITY

    SOHO

    COVENT GARDEN

    PICCADILLY CIRCUS

    OXFORD CIRCUS

    BOND STREET

    MARBLE ARCH

    LANCASTER GATE

    PADDINGTON

    QUEENSWAY

    NO�ING HILL GATEHOLLAND

    PARK

    SHEPHERD’S BUSH

    KENSINGTON OLYMPIA

    GOLDHAWK ROAD

    HAMMERSMITH

    LATIMER ROAD

    WHITE CITY

    WOOD LANE

    SHEPHERD’S BUSH MARKET

    HIGH STREET KENSINGTON

    EARL’S COURTWEST

    KENSINGTON

    WEST BROMPTON

    GLOUCESTER ROAD SOUTHKENSINGTON

    KNIGHTSBRIDGE

    SLOANE SQUARE

    VICTORIA

    PIMLICO

    HYDE PARK

    CORNER

    GREEN PARK

    ST JAMES’S PARK

    LEICESTER SQUARE

    CHARING CROSS

    EMBANKMENT

    TO�ENHAM COURT ROAD

    WESTMINSTER

    KNIGHTSBRIDGE

    ST JAMES’S PARK

    Harrods

    One Hyde Park

    �e Ritz

    Selfridges

    The Lanesborough

    BELG�VIA

    35 37

    &

    Regent’s Park

    Warren Street

    Farringdon

    Barbican

    High Street Kensington

    Green Park

    Baker Street

    Notting Hill Gate

    Holland Park

    Victoria

    Sloane Square

    Oxford Circus

    Bond Street

    Westminster

    Piccadilly Circus

    Charing Cross

    Holborn

    Leicester Square

    London Bridge

    Knightsbridge

    South Kensington

    Marylebone

    Tottenham Court Road

    Earl’s Court

    Liverpool Street

    Bank

    Paddington Euston

    King’s Cross St. Pancras

    Edgware Road

    Embankment

    Waterloo

    Crossrail (from 2018)

    Queensway

    Great Portland Street

    Goodge Street

    Approximate ownership outline Not to scale. For illustrative purposes only

    Portabello Market

    Red line is approximate and for illustrative purposes only

  • Chanricarde Gardens, Notting Hill, London Chanricarde Gardens, Notting Hill, London Prime Central London Residential Investment Opportunity Prime Central London Residential Investment Opportunity

    The City Docklands Serpentine Notting Hill

    Hyde ParkThe West End Westbourne

    Grove

    35 37

    &

  • Chanricarde Gardens, Notting Hill, London Chanricarde Gardens, Notting Hill, London Prime Central London Residential Investment Opportunity Prime Central London Residential Investment Opportunity

    Description The property comprises two adjoining stucco fronted terraced

    period town houses. The building is of solid brick construction,

    with a white stucco front elevation up to the first floor and

    painted stucco detailing around the fenestration.

    The property provides 14 self-contained apartments (2 x

    studios, 8 x one beds and 4 x two beds),

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