113 Clarendon Road, Notting Hill, London, W11 4JG

Description
Number 113 Clarendon Road comprises a single period building of significant depth that is a hallmark of this prestigious parade, part of which was originally constructed around 1840. It has been comprehensively altered over the years whilst still commanding both a degree of architectural merit and obvious street presence. The property enjoys a very pleasant position along this prominent road which comprises an interesting and varied mix of occupying commercial tenants and residential dwellings, resulting in a strong sense of local community. Furthermore, this particular location presents itself as an ‘area of note’ by virtue of its broad and interesting architectural styles and close proximity to the vibrant and thriving Holland Park and Notting Hill retail districts.

We have inspected the spaces thoroughly, and the building is arranged across five floors which can broadly be described as follows:-

COMMERCIAL SPACE:

A Ground / Basement level Commercial Medical Practice that is currently vacant. These areas comprise a Ground Floor Sales area, kitchen and washroom. The property presents itself in smart decorative order throughout, with good ceiling heights to the principal floor, high quality installations and a prominent road frontage.

TOTAL GROSS INTERNAL AREA - c. 35 sq.m. / 385 sq.ft.

FOUR RESIDENTIAL APARTMENTS:

The majority of the Ground Floor and Basement and the Upper three floors of the property are accessed via their own private street entrance and comprise a superb set of four self-contained, residential apartments each of which has the benefit of occupying either an entire floor as in the case of the 3 x 1 bedroom flats or two floors as in the case of the 3 bedroom property. There is an internal staircase and by modern standards each of these apartments could be considered to be of above average size with appealing front aspect reception rooms, semi-open-plan kitchens, bathrooms and good sized double bedrooms throughout. There is a large private terrace that remains private to the first floor apartment.

These properties have been successfully let out for a considerable number of years, and we have been provided with their sizes to combine into an area schedule as follows:-

TOTAL GROSS INTERNAL AREA - c. 257 sq.m. / 2,764 sq.ft.

Each flat was converted and specified to a high standard a number of years ago and will shortly require a level of internal capital expenditure in order to maintain and potentially improve upon the current levels of rental income that are achievable.

The subject property is held on a Freehold basis with Full Vacant Possession available upon completion.

Occupational Tenancies:

We have established that both the residential and commercial spaces are, effectively, vacant.

Location
This specific property enjoys an excellent Prime Holland Park to Notting Hill borders address, boasting an even more superior location for investment by virtue of being within close proximity to Holland Park and the dynamic elements of the Portobello District of W11 and W10. The building enjoys immense convenience both for the expansive and stimulating range of local amenities immediately on one’s doorstep to include Holland Park, Julie’s Restaurant, Lidgate’s, Paul, Daunt Books, Unico Gelato, Bursting Buds and a cluster of High Street brands.

The property is set in a fabulous location in the heart of the Central London and boasts close proximity to transport links and amenities as well as the more prestigious period squares that characterize this deeply historic London district. The ability to commute in and around Central London is well regarded, and Holland Park is surrounded by numerous stations operating Underground train lines which include Central, Circle and District Tube lines..
Key destinations and travelling times from Holland Park station:-

Transport:

Tube: Situated on the Central Line in Zone 2, Holland Park station facilitates quick travel across London. Locals can be at the heart of the Capital in a quarter of an hour, and it’s 17 minutes to Bank. Notting Hill Gate, Shepherds Bush and Shepherds Bush Market underground stations are also located close by.

Bus: Local bus routes serve Camden Town (31), Piccadilly Circus (94), White City (148), Maida Hill (228), Clapham Junction (295) and Cricklewood (316). The 94, 148 and 295 are 24 hour services, and there is also the N207 night bus to Holborn.

Road: Holland Park is situated between the A4 and the Westway, so locals have their pick of routes heading out of London. From the A4, the M4 provides easy access to the M25 and the West of England.

Cycle: There are several Boris bike docking stations around Holland Park station, so locals don’t even need to have their own bike to enjoy the picturesque 25 minute cycle through Kensington Gardens and Hyde Park to reach Oxford Circus.

The property also benefits from a favourable PTAL Rating of 4.

Terms
Tenure: Freehold.

Local Authority: Royal Borough of Kensington & Chelsea.

Rates Payable: To Be Advised (commercial only).

Method of Sale: The property is For Sale by Private Treaty based on a Guide Price of £3,250,000 (subject to contract).

Use Class: Commercial Space – Use Class ‘E. Residential Apartments – Use Class ‘C.’

EPC: EPC's have been commissioned.

AML: The purchaser will be required to provide the necessary information to satisfy AML requirements.

VAT: The property is not elected for VAT.

Services: It is our understanding that mains water, electricity, gas and drainage are provided. However, it is the responsibility of the purchaser to ensure that services are available and adequate for any proposed development.

Viewings: All viewings are by strict appointment via sole agents Winkworth Commercial.