Property Listing Details

commercial property - Other

Prime Residential Development & Refurbishment Opportunity, Chelsea SW3 London

  • 31-May-2024

£5,500,000

Property details

Description

Guide price £5,500,000 Prime Residential Development & Refurbishment Opportunity, Chelsea SW3 London Sole agency Development land Share Save Key features Exceptional opportunity within the Royal Borough of Kensington and Chelsea. Comprises 4 existing vacant apartments, above and behind 4 large garages Existing Total GIA approximately 587.49 sq m (6,324 sq ft). Existing NSA of the 4 residential apartments approx 329.69 sq m (3,549 sq ft). Consents granted for internal alterations and new garage doors. Historic 2007 consent for part-mansard level. Potential to implement consent or reconfiguration and redevelopment STC For sale freehold. A PRIME RESIDENTIAL DEVELOPMENT & REFURBISHMENT OPPORTUNITY IN CHELSEA SW3 About this property 8 Dilke Street was the mews, with stables, coach house and staff accommodation, to The Clock House at No. 8 Chelsea Embankment, the Grade II listed house, built circa 1878-79. The Property comprises a red brick building, consisting of lower ground, ground and two upper floors. On the ground floor there are 4 internal garages, accessed from Dilke Street, plus a modest storage area to the rear. The first and second floors have been subdivided into 3 flats and can be accessed from a central door at ground level. In addition, there is a flat to the rear of the property at lower ground floor level, accessed from a side entrance, shared with 8 Chelsea Embankment. Three cellars to the front of the building and a storage room are also accessed from this side entrance. The existing Gross Internal Area of the Property, including the garages and cellars, is approximately 587.49 sq m (6,324 sq ft). Local information The Property lies within the boundaries of the Royal Hospital Conservation Area and is a curtilage listed building associated with the Grade II Listed Building, The Clock House, 8 Chelsea Embankment. The property benefits from close proximity to the green spaces of Chelsea Embankment Gardens, Chelsea Physic Garden, Burton Court Gardens, Ranelagh Gardens and Battersea Park. The Royal Hospital is adjacent to the properties and hosts the world-renowned Chelsea Flower Show, which attracts over 160,000 visitors annually. Additional information 8 Dilke Street – Freehold. Land Registry title number 314785. Garage at 8a Dilke Street - Leasehold title number LN203401. 97 years (less 10 days) from 6 May 1927. A reciprocal right of way with 8 Chelsea Embankment is identified on the title plan. The relevant and most recent Planning History is summarised below: 1. In December 2007, Planning Permission and Listed Building Consent was granted (LPA Ref: PP/07/02854 and LB/07/02855) for “Creation of an internal link between flat 3, 8 Chelsea Embankment and No. 8 Dilke Street to form one residential unit. Erection of a mansard roof extension, set back from the street and rear elevation of No. 8 Dilke Street and restoration of No. 8 Dilke Street including reinstatement of The Norman Shaw inverted arch and courtyard elevation”. This application gained planning permission for a mansard roof extension on the second floor. This planning permission has expired and the mansard roof extension was not constructed. 2. On 20 January 2023, planning permission and Listed Building Consent was granted (LPA Ref: PP/21/04795 and LB/21/04496) for “Various internal alterations; rationalisation of external SVPs, revised rooflight and new garage doors to front elevation.” Contact an agent James Donger Margaret Street +44 (0) 20 7016 3841 Contact now Request details Download PDF brochure

The Agent

Price history

31-May-2024 £5,500,000 First listed

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