KING S ROAD. A rare opportunity to acquire an exceptional flagship store in one of the world s most famous shopping destinations.

Size: px

Start display at page:

Download "KING S ROAD. A rare opportunity to acquire an exceptional flagship store in one of the world s most famous shopping destinations."

Antony Logan
5 years ago
Views:

3 A rare opportunity to acquire an exceptional flagship store in one of the world s most famous shopping destinations.

unique FLAGSHIP TO LET This stunning building provides a significant retail showcase on London s iconic King s Road The building occupies a prominent position on the corner of King s Road and Chelsea

4 unique FLAGSHIP TO LET This stunning building provides a significant retail showcase on London s iconic King s Road The building occupies a prominent position on the corner of King s Road and Chelsea Manor Street, close to stylish Duke of York Square and the Saatchi Gallery. It will include spacious flagship retail space with prestigious King s Road frontage, alongside a boutique retail unit (accessed from Chelsea Manor Street) and six new residential apartments above.

Rich history 1964 PLANS AND ELEVATION SHOWING PROPOSED ALTERATIONS TO INTERIOR (Kensington and Chelsea Local Studies) Originally built as a grand banking hall, 224 226 King s Road was designed by

Blomfield worked primarily on country houses, including the Prime Minister s country residence Chequers, before turning his hand to public buildings which may explain its townhouse appearance.

5 Rich history 1964 PLANS AND ELEVATION SHOWING PROPOSED ALTERATIONS TO INTERIOR (Kensington and Chelsea Local Studies) Originally built as a grand banking hall, King s Road was designed by esteemed Edwardian architect Reginald Blomfield in Blomfield worked primarily on country houses, including the Prime Minister s country residence Chequers, before turning his hand to public buildings which may explain its townhouse appearance. The building s handsome Edwardian red brick and Portland stone facade contributes to the character of the wider historic conservation area in which it sits; the interior has received a modern refurbishment, including sensitive restoration of many period details including elegant cornicing, ornamental ceiling and festooned wall panels. an accomplished design by a major Edwardian architect, mixing the grandeur of a London bank with an informality that defies its setting and expresses its partly domestic function HISTORIC BUILDING REPORT BY DONALD INSALL ASSOCIATES

6 AN iconic LOCATION King s Road is surrounded by leading brands including Nike, Anthropologie, Zara, Aesop and Vivienne Westwood. Neighbours also include the HQ s for Storm Models and BskyB, a host of restaurants, pubs and bars from the stylish Bluebird and Ivy Chelsea Garden to historic pubs and cultural attractions such as the Saatchi Gallery and Royal Court Theatre. CADOGAN GARDENS Kate Spade Peter Jones The Kooples Lululemon NARS Boden Dermalogica DUKE OF Russell & Bromley COS Aesop YORK SQUARE Calvin Klein Zara SLOANE SQUARE TUBE Hugo Boss Club Monaco COSTES HOTEL OPENING 2019 MARKHAM STREET Neal s Yard Sassoon Eileen Fisher Jigsaw El Ganso Nike Partridges Kutjen Kurt Geiger Reiss Reebok Muji Jacadi WALPOLE STREET SAATCHI GALLERY KING S ROAD L Occitane French Connection Marks & Spencer L.K.Bennett Maje Chelsea Potter Sandro Sweaty Betty Anthropologie KING S ROAD BURTON COURT Proud Galleries The Ivy Chelsea Garden

The King s Road was first created during the reign of Charles II in the late 16th century as the King s private road from Westminster to Hampton Court Palace.

7m Kensington and Chelsea is the country s wealthiest borough the King s Road has a residential spend potential estimated at 249.7m * 635.

7 The King s Road was first created during the reign of Charles II in the late 16th century as the King s private road from Westminster to Hampton Court Palace. It was made a public thoroughfare in 1830, at a time when the area was becoming settled by artists, creatives and bohemians who hugely influenced its character and legacy m Kensington and Chelsea is the country s wealthiest borough the King s Road has a residential spend potential estimated at 249.7m * 635.2m King s Road has a Total Comparison Goods market potential of 635.2m, placing it in the top 1% of UK retail centres * Today, the Road combines the royal history of its origins with its unique status as birthplace of the 20th century s most iconic cultural movements. It still retains the glamour and remains quintessentially British, while being home to a fresh mix of contemporary fashion, interiors and art, combined with great food and drink. 8.5million Its extensive catchment covers London and extends in to the home counties, incorporating a population in excess of 8.5million * 367m It is also an international stage, 367 million comes from tourism * * Retail Footprint 2016, Acorn

8 Flagship Store King s Road GROUND Floor 228M 2 2,455FT 2 Retail cycles and bin store KING S ROAD Retail accommodation stair Retail Lift Residential lobby Floor Mat CHELSEA MANOR STREET BASEMENT Floor 249M 2 2,681FT 2 Vault Residential cycle space KING S ROAD Vault Retail accommodation stair Retail Retail plant area Lift Plant room CHELSEA MANOR STREET TOTAL 477M 2 5,136FT 2

9 Boutique Unit 224a King s Road GROUND Floor 34.5M 2 371FT 2 KING S ROAD Shop CHELSEA MANOR STREET Details & Enquiries LEASE A new lease is available for ten years on standard Cadogan terms. The lease will be contracted outside of the security of tenure and compensation provisions of the Landlord and Tenant Act The rent will be subject to annual rent increases linked to the Retail Price Index. RENTS Upon application POSSESSION Available Q EDWARD HUMBERT ed.humbert@cbre.com ERIN MCDONALD erin.mcdonald@cbre.com LOUISA DALGLEISH ldalgleish@nashbond.co.uk CAMERON SCOTT cscott@nashbond.co.uk RATES Parties to make their own enquiries by contacting the Local Authority. LEGAL COSTS Each party is to bear its own legal costs. EPC Available upon request Nash Bond Ltd, CBRE and their client give notice that: They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. The text, images and plans are for guidance only and are not necessarily comprehensive. Prospective tenants must satisfy themselves by inspection or by independent legal advice from a property qualified solicitor regarding the plans and specifications for the property.

10 About Cadogan Cadogan takes pride in the vibrant history and heritage of Chelsea that makes this area unique and is committed to its long term success. Duke of York Square (formerly a Ministry of Defence Base) was developed by Cadogan into a thriving location for shopping and dining, and pro-active management of Sloane Street, Sloane Square and King's Road ensures that Chelsea remains one of the world s most inspiring shopping destinations. The Cadogan Estate spans 93 acres of the Royal Borough of Kensington and Chelsea and has been under the same family ownership for 300 years. CADOGAN.CO.UK

KIN G S RO AD. A rare opportunity to acquire an exceptional flagship store in one of the world s most famous shopping destinations.

KIN G S RO AD. A rare opportunity to acquire an exceptional flagship store in one of the world s most famous shopping destinations. 2 2 4 2 2 6 KIN G S RO AD A rare opportunity to acquire an exceptional flagship store in one of the world s most famous shopping destinations. 224 226 KING S R O A D unique FLAGSHIP TO LET This stunning