emailgridleftlistmobilenavphoneright

49-51 Cheval Place, Knightsbridge, London SW7

Available
Property Type:
Investment
Location:

Cheval Place is parallel to Knightsbridge, linked via Montpelier Street and a pedestrian link.
Bonhams auction house is at the end of the road and Knightsbridge is lined with very high class shopping including, of course, Harrods. Cheval Place is primarily residential with some destination retail, showrooms, gym and offices.

Accommodation:

The office property is fitted out to a high standard as offices, studio, conference and meeting rooms.
Both levels have natural light from front and rear, the latter incorporating a small sun terrace.
The standard of fit-out is excellent.

Size:
floor
sq ft
sq m
Basement
2,751
255.58
Ground Floor
2,329
216.37
Total
5,080
471.95
Rent:
Guide Price - £3,000,000
Lease term:

The interest for sale is the LONG LEASEHOLD Residue of a lease expiring 25th December 2085. The annual ground rent is currently £200 p.a. rising to £300 p.a. from 24th December 2052.

The occupational lease to Taylor Howes Design Ltd is effectively FRI via service and maintenance charge, running for 15 years from 24th June 2014. The passing rent is £185,000 pax
A tenant break effective 29th September 2021 was not operated and there is a further tenant break effective on 24th June 2025.
The tenant recently undertook an extensive refurbishment to a very high standard.

Timing:

Immediate upon completion of legal formalities.

Rates:

Rateable Value £180,000
Interested parties are advised to make their own enquiries with RBKC rates department.

Legal Costs:

Each party to bear their own.

EPC:

Available on request.

Contact us

For further information or to arrange a viewing please contact

Mike Hole — T: +44 (0)20 7590 8954 — E: michael@milescommercial.co.uk

Get in touch Tel: +44 (0)20 7581 9722

Misrepresentation Act: Miles Commercial Limited for themselves and for the vendors or lessors of the property whose agents they are give notice that :i) The particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part of an order or contract; ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; iii) No person in the employment of Miles Commercial Limited has any authority to make or give any representation or warranty whatsoever in relation to this property. Miles Commercial Limited trading as Miles Commercial, registered in England at NatWest Bank Chambers, 55 Station Road, New Milton, Hampshire BH25 6JA Company registration No:2591029