princes gate
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52 Princes Gate, Knightsbridge, London SW7An exceptional Grade II listed building overlooking Exhibition Road and Prince’s Gardens
Executive Summary — Located in affluent Knightsbridge, the Property is situated
directly opposite Imperial College and just a short walk from Hyde Park.
— A prominent Grade II listed building, forming part of a grand terrace of stucco fronted properties dating to the Mid-19th Century.
— The Property underwent a comprehensive refurbishment in 2010, and retains many original period features.
— The Property comprises six storeys arranged over lower ground to fourth floor, extending to a total Net Internal Area of 8,641 sq ft (803 sq m) and Gross Internal Area of 13,521 sq ft (1,256 sq m), with generous floor to ceiling heights of up to 4.5 metres.
— The Property is fully vacant having previously been in use as offices (Use Class E) apart from fourth floor which comprises a 2-bedroom residential apartment (Use Class C3).
— Held on a 192 year leasehold interest from 29th September 1963 (133.8 years unexpired) at a fixed rent of £250 per annum for the remainder of the term.
— Offers are invited for the long leasehold interest.
The Property viewed from Exhibition Road
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HYDE PARK
MAYFAIRMARBLE ARCH
SERPENTINE GALLERY
ALBERT MEMORIAL
ROYAL ALBERT HALL
EXHIBITION ROAD
PRINCE’S GATE GARDEN
IMPERIAL COLLEGE
PRINCE’S GARDENS
KENSINGTON GARDENS
Site boundary for indicative purposes only
PG52
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Location & ConnectivityThe Property is located in Knightsbridge, within the City of Westminster. The celebrated area is bordered to the north by Hyde Park, to the east by Belgravia, to the south by Chelsea and to the west by Kensington. Princes Gate itself is set back from Kensington Road (A315) and runs south along Exhibition Road, which connects Knightsbridge with Kensington High Street and South Kensington. The Property is well situated for transport, with Knightsbridge underground station (Piccadilly line) located approximately 0.7 miles to the east, High Street Kensington underground station (Circle and District line) located approximately 0.8 miles west and South Kensington underground station (Circle and District line) 0.5 miles South. Heathrow International Airport is located approximately 15 miles to the west.
KENSINGTONPALACE
SERPENTINEGALLERY
HARVEYNICHOLS
MAYFAIR
M ARYLEBONE
PADDINGTON
K NIGHTSBRIDGE
BELGRAVIA
PADDINGTON
MARBLE ARCH
BOND STREETOXFORD CIRCUS
LANCASTER GATE
EARL’S COURT
NOTTING HILL GATE
QUEENSWAY
BAYSWATER
GREEN PARK
KNIGHTSBRIDGE
SOUTH KENSINGTONGLOUCESTER ROAD
HIGH STREET KENSINGTON
SLOANESQUARE
VICTORIA
HYDE PARK CORNER
Onslow Gard
ens
Thurloe Place
Sloane Avenue
Eccleston Street
Ebury
Stre
et
Elizabeth St
Warwick Way
NEW
BON
D STREET
St George’s Drive
Carlisle Place
Wilton Road
Easton Place
Eaton Terrace
Roland
Gd
ns
Draycott
PlaceHarrington Gardens
Wetherby Gdns
Collingham
Road
Gloucester Road
Laverton Place
Cornwall Gardens
Lexham Gardens
Pelham Street
BROMPTON RD
EDGWARE ROAD
MAIDA VALE
CROMWELL RD
GOODGE STREET
WIGMORE STREET
OXFORD STREET
MA
RYLEBO
NE
HIG
H ST
REET
OXFORD STREET REGEN
T STREET
PICCADILLY
PARK LANE
BAYSWATER ROAD
WESTBO
URNE TERRACE
PEM
BRO
KE V
ILLA
S
WESTBOURNE GROVE
KENSINGTON PARK GROVE
KENSINGTON HIGH STREET
KEN
SING
TON
C
HURCH STREET
KENSINGTON ROAD
KENSINGTON GOREKNIGHTSBRIDGE
GLO
UC
ESTER
RO
AD
WEST CROMWELL ROAD
BROMPTON ROAD
SLOA
NE ST
REET
GROSVENO
R PLACE
EATON GATE
KING’S ROAD
PIMLICO ROAD
BUC
KIN
GH
AM
PA
LAC
E RO
AD
KNIGHTSBRIDGE
BUCKINGHAMPALACE
V & A
SCIENCEMUSEUM
NATURAL HISTORYMUSEUM
ROYAL ACADEMYOF ARTS
HARRODS
SELFRIDGES
ROYAL ALBERT
HALL
GREEN PARK
HYDE PARK
KENSINGTON
NOTTINGHILL
Site locations for indicative purposes only
Exhibition Road / Princes Gate
Royal Albert Hall
Imperial College London
PG52 Local Area
Princes Gate commands a highly prominent position overlooking Imperial College and newly upgraded Exhibition Road to the front, and Prince’s Gardens to the rear. This area is regarded as one of London’s most exclusive residential addresses and is served by an excellent range of shopping and entertainment facilities, including Harrods and Harvey Nichols, as well as many other fashionable boutiques all within close proximity. Some of London’s most well-known hotels are nearby, including The Mandarin Oriental, The Bulgari, The Berkeley and The Lanesborough. This area is also one of London’s best known centres of culture with the Royal Albert Hall, the Natural History Museum, the Science Museum, the V&A Museum and the Serpentine Gallery all within close proximity.
There are a number of high calibre educational institutions in the immediate area, including Imperial College, the Royal College of Arts and the French Lycée.
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The Property52 Princes Gate was built in c.1873, by the builder and developer C.F Freake, and forms part of an historic terrace. Internal works were designed by the architect George Aitchinson, whose brief was to decorate it in a manner commensurate with the new occupant, Eustance Smith and his wife’s social and artistic aspirations. At the time of their occupation the rooms of the house were amongst the most celebrated interiors in London.
The Property underwent a comprehensive refurbishment program in 2010, with design by Tilney Shane Architects providing high quality finishes, including air conditioning and feature lighting. The lower floors benefit from floor to ceiling heights of up to 4.5 metres and retain many classic period features including a detailed wooden dado with a floral pattern in ivory & mother-of-pearl, decorative plaster ceilings with sunflowers in the border panels, and a finely detailed Renaissance-style chimney piece carved in black marble. The second and third floors are now interlinked by way of an impressive atrium with feature lighting.
The Property enjoys direct access to Prince’s Gardens from the ground floor terrace to the rear. A passenger lift for up to 6 people provides access to all floors. Bathrooms are located on every floor of the Property, with changing facilities at lower ground.
The fourth floor comprises a modern 2-bedroom residential apartment which benefits from a private internal terrace.
The existing accommodation schedule is outlined below:
Floor UseNIA
(sq ft)NIA
(sq m)GIA
(sq ft)GIA
(sq m)
Fourth Residential 1,427 132.6 1,678 155.9
Third Office 1,320 122.6 1,788 166.1
Second Office 1,413 131.3 2,228 207
First Office 1,452 134.9 2,176 202.2
Ground Office 1,782 165.5 2,188 203.3
Lower Ground Office 1,247 115.7 3,463 321.7
Total 8,641 803 13,521 1,256
Ordnance Survey © Crown Copyright 2021. All Rights Reserved.Licence number 100022432Plotted Scale - 1:1250. Paper Size - A4
NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100024244 Savills (UK) Ltd. Published for the purposes of identification only and although believed to correct accuracy is not guaranteed. Site boundary for indicative purposes only. Not to scale.
The rear terraces of Princes Gate, accessed from Princes Gardens
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Existing Floorplans
Not to scale, for indicative purposes only
LOWER GROUND – OFFICES
GROUND FLOOR – OFFICES
FIRST FLOOR – OFFICES
PRIVATETERRACE
SECOND FLOOR – OFFICES
THIRD FLOOR – OFFICES
FOURTH FLOOR – RESIDENTIAL
TERRACE
VOID
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Staircase
Ground floor
First floor
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Third & fourth floor
Lower ground floor
First floor First floor
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Residential - kitchen
Residential - bedroom
Residential - terrace & reception room
Residential - bathroom
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TenureThe Property is held on a 192 year leasehold interest from 29th September 1963 (providing 133.8 years unexpired) at a fixed rent of £250 per annum for the remainder of the term.
TenancyThe Property is offered with the benefit of full vacant possession.
Planning52 Princes Gate is Grade II listed and situated within the Knightsbridge Conservation Area within the borough of the City of Westminster.
The Property has been granted a CLEUD in February 2021, for use Class E over the lower ground to third floors, with the 4th floor under C3 residential use.
EPCProvided on the data room.
VATThe Property is not elected for VAT.
Prince’s Gardens
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Viewings The Property may be inspected strictly by appointment only through the Vendor’s sole selling agent, Savills.
Method of saleThe property will be sold by way of informal tender (unless sold prior) with a bid deadline to be announced in due course. The Vendor does not undertake to accept any offer or to necessarily accept the highest offer received.
Further informationFurther information including planning, technical and legal documentation is available on the dedicated project data room:
sites.savills.com/52princesgate
ContactBasil Walpole Commercial Investment 020 7409 8057 [email protected]
Olivia Hoareau Commercial Investment 020 7557 9994 [email protected]
Mark Gilbart-Smith Commercial Agency 020 7409 5925 [email protected]
James Donger Development Land 020 7016 3841 [email protected]
Important Notice: Savills, their clients and any joint agents give notice that:
1. 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.
2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
Designed and Produced by Savills Marketing: 020 7499 8644 | November 2021
Rear of the property & terrace, viewed from Prince’s Gardens
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