• For Sale
  • Price on Application 
  • Property Type: House
Planning permission granted for a prime residential development opportunity.
The existing Property comprises a lower ground plus four-storey mid-terrace Victorian building, measuring approximately 7,471 sq ft (694 sq m) GIAThe Property was previously used as part-office accommodation and part-student hostel. The Property is partially occupied and has been operating entirely as an office since 2017, producing a rental income of £338,640 per annumPlanning permission (23/06144/FULL) has been granted for change of use from part-office and part-student hostel to create four luxury residential units, totalling 6,802 sq ft (632 sq m) NSA and 7,613 sq ft (707 sq m) GIAThe existing tenant's have a 2-month rolling break clause allowing for full vacant possession to suit an incoming purchaserOffers are invited for the freehold interest by private treaty via informal tender
Located in a quiet position on Palace Court, it is a 3-minute walk from the entrance to Kensington Gardens. It sits within Zone 1 and benefits from excellent transport links (PTAL 6a)
James Scott
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Planning permission granted for a prime residential development opportunity., London, England, United Kingdom is a London luxury House listed for sale Price on Application. This high end London House is comprised of N/A bedrooms and N/A baths. Find more luxury properties in London or search for luxury properties for sale in London.