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30 Queen's Gate Terrace

For sale: POA|7486 Sq Ft|Land, Residential, Commercial Land

PROPERTY DETAILS

FOR SALEPOA
SIZE7486 Sq Ft
ADDRESS30 Queen's Gate Terrace, London SW7 5PH, SW7 5PH
TYPELand, Residential, Commercial Land
TENUREDevelopment Opportunity, For Sale Freehold
POSTED ON20th January 2021

DESCRIPTION

30 Queen’s Gate Terrace, is a mid terrace stucco fronted Victorian building, constructed in 1859, comprising lower ground, ground and four upper floors. In addition there is an attached mews house to the rear, which is laid out over two levels, comprising lower ground and ground floors. The combined gross internal area of the main building and mews house is 7,486 sq. ft ( 695.43 sq. m.).
Prior the consented residential scheme being undertaken, but not completed, the property was used as offices with some ancillary residential by The French Government up until 2015. A Technical Due Diligence Report has been commissioned by the Joint Fixed Charge Receivers, which outlines the scope of work to date, undertaken as part of the refurbishment, which has principally involved:
• Strip out of the interior of the property, substantially back to shell condition - localised finishes have been retained at lower ground level to the ceilings;
• Structural modifications and repairs to form the shell for the proposed flats and common areas, including rear extensions to the property. The construction of a suspended concrete floor on steel permanent; shuttering at ground floor level to the mews property. The works remain partially incomplete including the completion of the lift shaft and staircases;
• Internal waterproofing of parts of the basement, with the application of a cement based render;
• Repairs/renewal of the roof structures, comprising pitched and flat roofs;
• The substantial renewal of the majority of the roof coverings, including new slate and lead roofs above the 1st floor and asphalt roofs, principally to the rear elevation. Some roofs remain unrepaired or incomplete;
• Commencement of external repairs to the elevations, including joinery and stucco/render repairs. The works remain part complete;
• Commencement of the internal finishes. The works remained substantially incomplete;
• Installation of the building services remains substantially incomplete.
• Bore holes with closed loop pipework has been sunk, we understand, to a depth of circa 75m.

For the avoidance of doubt, the above summary was based on a visual inspection of the property by Savills Building and Consultancy team and they have not been provided with any source of reliable information to verify this. The property is now vacant and stands as an incomplete development. Scaffolding is erected to the front and rear of the property.

LOCATION

Location: 30 Queen's Gate Terrace, London SW7 5PH, SW7 5PH

Gloucester Road (0.4 miles)

High Street Kensington (0.4 miles)

South Kensington (0.5 miles)

West Brompton (1.0 miles)

Paddington (1.1 miles)

Kensington Olympia (1.2 miles)

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