Investment.

London.

16-18 Kensington Church Street & 2-6 Old Court Place, W8

Map View

Status.

Available

Price.

£8,785,000 (Subject to Contract and Exclusive VAT)

Location.

The property occupies a prominent and highly visible corner location on Kensington Church Street, directly opposite the landmark Saint Mary Abbots Church and adjacent to Lancer Square a distinguished mixed-use development featuring Grade A office space, luxury residences, and retail units.

Positioned along Kensington Church Street, which links Notting Hill Gate with Kensington High Street, the area is renowned for its vibrant mix of boutique shops, art galleries, fine dining establishments, and independent retailers.

The site benefits from dual frontages onto both Kensington Church Street and Old Court Place, and is situated within close proximity to High Street Kensington Underground Station, ensuring excellent accessibility.

This dynamic neighbourhood is characterised by robust retail, office, and residential activity, supporting attractive rental growth potential and promising long-term opportunity.

 

Description.

The retail is arranged mainly over ground and basement levels, with elevations onto both Kensington Church Street and Old Court Place. The office accommodation, which benefits from a dedicated entrance fronting Kensington Church Street, is vacant and suitable for a partial or wholesale refurbishment or change of use, subject to planning permission.

5 flats above 26 Kensington Church Street are let to Over 40 Association for Women Workers on a long lease, expiring in 2075 (50 years unexpired) at a peppercorn rental.

The upper three floors of above 16-18 Kensington Church Street, comprising three flats, have been sold on a 999 years lease from May 2014 at a peppercorn rental.

Rent.

£517,500 per annum exclusive

Tenure.

Freehold

Yield.

A net initial yield f 6.5%.

Share.

All viewings are strictly by prior appointment.

Ben Simpson.

Partner | Investment

Will Civil.

Surveyor | Investment

Ed Smith.

Partner | Investment

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

abrdn

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson