valuation

Industrial (land) For Sale in Coulson Street, Chelsea, SW3 3NB SW3 3NB - £2,250,000


This corner property is currently a vacant freehold office building which benefits from five private offices, a large ground floor boardroom, a large reception area, a kitchen, two WC's and a shower. Potential for future change of use to residential, subject to planning permission.

LOCATION
18 Coulson Street, Chelsea, SW3 3NB

DESCRIPTION
Chelsea is one of the most prestigious and densely populated urban areas in London

Prime Central London office building located in the heart of Chelsea on the corner

Attractive Grade II listed corner property arranged over lower ground, ground and first floor.

The property will be sold with vacant possession.

Potential for future change of use to residential, subject to planning permission,

Freehold.

The vendor is seeking offers in excess of £2,250,000 (Two Million, Two Hundred and Fifty Thousand Pounds)

ACCOMMODATION
The property occupies a fantastic corner position on the north side of Coulson Street at the junction with Draycott Avenue. Coulson Street runs parallel to the north of King's Road between Draycott Avenue and Lincoln Street.
The immediate area is primarily residential with the well known luxury retail and high end restaurant destination of King's Road and Sloane Square a short walk from the property.
Nearby retail occupiers include Peter Jones, Cartier, Hugo Boss, Club Monaco, Tiffany & Co, Calvin Klein, Russell & Bromley and Lululemon. Well known restaurants include Bibendum, Daphne's, Aubaine and Gaucho.

AMENITIES
Chelsea has been a popular office location for many years as it offers excellent accessibility and an attractive retail offering at rents at a significant discount to the West End core. Prime office rents in the area are currently in excess of £75.00 per sq ft.

TERMS
The vendor is seeking offers in excess of £2,250,000 (Two Million, Two Hundred and Fifty Thousand Pounds) subject to contract, for the benefit of their freehold interest. A purchase at this level would reflect a low capital value of £1,433 per sq ft based on the gross internal floor area.

VAT
The property has been elected for VAT purposes and therefore VAT will be payable upon the purchase price

PLANNING
Potential for future change of use to residential, subject to planning permission.

Floorplan for Coulson Street, Chelsea, SW3 3NB