2 - 3 West Halkin Street, London, SW1X 8JJ A r ar e o ppo rtu n it y in B e lgr av ia, t o e it her e n ha n c e t he re n ta l perf orm a n c e of the a sset throu g h posit iv e as s e t m an age m e n t or ref urb i sh a n d re -c on f i g ure t he e x i sti n g resi den tial mix to d e liv e r e n han c e d c ap i t a l v a l ues.
Summary / An elegant Grade II Listed stucco fronted building occupying a prominent position
on West Halkin Street, just off Belgrave Square.
/ The property extends over a substantial proportion of an island site and comprises
13 apartments, plus a Building Manager’s office , with a passenger lift serving the
ground and upper floors.
/ Potential to refurbish and re-configure the existing residential accommodation and
layout, subject to the necessary consents.
/ The property extends to approximately 11,590 sqft (GIA) and approximately
9,396 sqft (NSA) including the Building Manager’s office.
/ The current lease expires 22nd December 2045, therefore, there are approximately
28 years remaining.
/ Potential to enfranchise and extend the leases under the Leasehold Reform, Housing
and Urban Development Act 1993.
/ For sale leasehold
2 - 3 W e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J
Location
Hyde Park Corner
Piccadilly
Buckingham Palace
Green Park City Of London
London Eye
Belgrave Square Canary Wharf
2-3 West Halkin Street Victoria
Eaton Square
2 - 3 W e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J
Location
Please refer to the title documents on the dataroom for further detail on the extent of the demise.
Location / 2 - 3 West Halkin Street occupies the northeast portion of a prominent island site bounded by West
Halkin Street and Halkin Place, in the heart of Belgravia. West Halkin Street runs from the west corner
of Belgrave Square, towards Cadogan Place and to Sloane Street beyond.
/ The property benefits from excellent local amenities and restaurant choices and it is just a short distance
from Knightsbridge, Sloane Square and international retailers such as Harrods, Louis Vuitton and
Harvey Nichols.
/ The property benefits from excellent public transport connections, with Knightsbridge Underground
station 0.4 miles to the north east, Hyde Park Corner Underground station 0.4 miles to the north,
Sloane Square Underground station 0.5 miles south and Victoria Underground and Railway station to
the east, providing Piccadilly, District, Circle, Victoria, DLR and Mainline services, including direct
services to Gatwick.
/ The whole island site, including the subject property is Grade II Listed. The property is situated in the
Belgravia Conservation Area.
/ The property is located just 0.4 miles to the south of Hyde Park, and 0.4 miles to the west of Green Park.
Buckingham Palace and Buckingham Palace Gardens are located 0.8 miles to the east.
2 - 3 W e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J
Transport
Transport
Travel Times
Green Park
FROM KNIGHTSBRIDGE Piccadilly Line
ar k O 6 m xfo in r d s Ci rc us Le * 7 m ic in e s t s er Sq ua H e re 43 a m thr in o s w
Hyde Park
G 3 m ree in n P s
Mayfair
*Involves a change of tube line
Harrods
London Victoria
FROM SLOANE SQUARE Circle and District Lines
St L 22 iver m po in o s l
15 n k m * in s
Zone A parking permits are available to residents subject to an application to the local authority.
30 a t w m ic in k s
G
15 n a m ry in s W
Ca
FROM VICTORIA Victoria, Circle and District lines and national rail
E 7 m ust in o n s
Sloane Square
O 4 m xfo in r d s
Ci
rc
ha
rf
us
South Kensington
/
os
*
10 mins
Ba
FROM HYDE PARK CORNER Piccadilly Line
14 i n g m s in C r s
Buckingham Palace
K
5 mins
en si W ng 5 m es to t n in m i s ns te H r 9 m igh in Str s ee tK en Pa si 19 d d ng m in to in g n s to n
7 mins
S 2 m out in h K s
Knightsbridge
H 10 o l b m or in n s *
s
re et *
Hyde Park Corner
2 - 3 W e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J
Description
Description / The subject property, which is to be offered with vacant possession, includes a
significant proportion of the triangular island site nestled between West Halkin Street
and Halkin Place.
/ The building consists lower ground, ground and four upper floors. Internally, it
comprises 13 unmodernised apartments, plus a Building Manager’s office, with a
passenger lift serving the ground and upper floors.
/ The entire property would benefit from extensive refurbishment and has the
potential for some reconfiguration, subject to obtaining the necessary consents.
An incoming purchaser has the opportunity to create a number of exceptional
apartments in a prime Belgravia location.
/ The property offers a good mix of unit types including studio, one, two and three
bedroom apartments.
/ The subject property extends to approximately 11,590 sqft (GIA) and approximately
9,396 sqft (NSA) including the management office. There is an additional c.984 sqft
of under-pavement vaults, some of which could be incorporated within the lower
ground floor flat, again subject to obtaining the necessary consents.
2 - 3 W e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J
Tenure
Tenure / There are a number of leasehold interests relating to the whole block on this island
site. The freehold interest in the whole building is vested in The Trustees of the Will
of the Most Noble the Second Duke of Westminster, deceased.
/ 2-3 West Halkin Street is subject to a lease dated 3rd February 1983 granted for a
term of 71.25 years (less three days) from 29th September 1974 (thus expiring on
22nd December 2045) at an initial annual ground rent of £1,000, subject to review
to an amount equal to 10% of the open market rental value of 2-3 West Halkin Street
on 24th June in each of the years 2014, 2028 and 2042. The current ground rent is
£18,570 per annum and was last reviewed in 2000. This lease is vested in Lovat
Estates Ltd and title is registered at the Land Registry under title no. NGL447414.
/ Under the terms of The Leasehold Reform, Housing and Urban Development
Act 1993 (“the 1993 Act”) it may be possible to pursue a collective enfranchisement
to acquire the freehold and superior leasehold interests, but potential purchasers
should seek their own professional and legal advice in relation to this before making
any offer for the subject property.
/ In addition to collective rights to acquire the freehold and intermediate leasehold
interests in the building, the 1993 Act also grants to the tenant of a leasehold flat,
held under a lease, which the tenant has owned for a period of at least two years,
the right to acquire a new extended lease. The extended lease is for a term of
90 years added to the existing term at a peppercorn rent.
2 - 3 W e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J
Gallery
2 - 3 W e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J
845 961 375 819 484 967 383 256 875 368 91
5 6 7 9 10 11 13 12 14 Attic Office
Floorplans
5.50 x 4.82m
78.55 89.33 34.88 76.16 35.20 89.93 45.01 23.84 81.34 34.25 8.51
Bedroom 18'1'' x 12'0'' 5.50 x 3.65m
This floorplan is for GUIDANCE ONLY and NOT FOR VALUATION purposes. Key : CH - Ceiling Height
Floorplans
- External Vaults & Boiler Rooms
Boiler Room 12'10'' x 9'3'' 3.69 x 2.85m
Flat 1a Cellar 26'10'' x 8'8'' 5.00 x 2.70m
Vault 8'2'' x 7'6'' 2.53 x 2.37m
Vault 8'2'' x 7'0'' 2.53 x 2.15m
Vault 12'10'' x 8'8'' 3.69 x 2.70m
Vault 8'2'' x 7'0'' 2.53 x 2.15m
Vault 7'6'' x 8'2'' 2.33 x 2.50m
Kitchen 32'10'' x 13'1'' 10.00 x 4.00m
Lift
Vault 7'6'' x 8'2'' 2.33 x 2.50m
Flat 1a Cellar 11'2'' x 8'0'' 3.40 x 2.43m Flat 1
Flat 1a
Boiler Room 11'8'' x 8'10'' 3.55 x 2.69m
Bedroom 17'7'' x 12'2'' 5.35 x 3.72m Bedroom 16'1'' x 9'4'' 4.91 x 2.85m
Gross Internal Area Floor / Flat No.
Sq ft
Sq m
Lower Ground
1924
178.75
Flat 1A
1329
123.50
Vault 12'7'' x 9'1'' 3.83 x 2.76m
Vault 9'11'' x 6'6'' 3.01 x 1.98m
LOWER GROUND FLOOR
Vault 9'3'' x 6'6'' 2.83 x 1.98m
2 - 3 W e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J
Flat 1a Cellar 26'10'' x 8'8'' 5.00 x 2.70m
Vault 8'2'' x 7'6'' 2.53 x 2.37m
Floorplans Vault 8'2'' x 7'0'' 2.53 x 2.15m
Floorplans
Receptio Room 15'5'' x 13 4.75 x 4.20
Vault 8'2'' x 7'0'' 2.53 x 2.15m
CH 3.08M
Vault 7'6'' x 8'2'' 2.33 x 2.50m
Kitchen 32'10'' x 13'1'' 10.00 x 4.00m
Lift
Vault 7'6'' x 8'2'' 2.33 x 2.50m
Office 11'4'' x 7'2'' 3.51 x 2.2m
Flat 1a Cellar 11'2'' x 8'0'' 3.40 x 2.43m Flat 1
Flat 1a
Boiler Room 11'8'' x 8'10'' 3.55 x 2.69m
Vault 12'7'' x 9'1'' 3.83 x 2.76m
Bedroom 17'7'' x 12'2'' 5.35 x 3.72m Bedroom 16'1'' x 9'4'' Gross Internal Area 4.91 x 2.85m
Vault 9'11'' x 6'6'' 3.01 x 1.98m
Vault 9'3'' x 6'6'' 2.83 x 1.98m
Floor / Flat No.
Sq ft
Sq m
Ground
962
89.37
Management Office
92
8.51
Flat 1
485
45.03
LOWER GROUND FLOOR
Reception Room 15'9'' x 12'8'' 4.80 x 3.85m
Bedroom 14'3'' x 13'1'' 4.35 x 4.00m
GROUND FLOOR
2 - 3 W e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J
Be 16'3 4.96
5.61 x 4.13m
Floorplans
THIRD FLOOR
FOURTH FLOOR
Floorplans
Vault 8'2'' x 7'0'' 2.53 x 2.15m
Reception Room 15'5'' x 13'9'' 4.75 x 4.20m
Vault 8'2'' x 7'0'' 2.53 x 2.15m
CH 3.08M
Vault 7'6'' x 8'2'' 2.33 x 2.50m
Bedroom 10'10'' x 10'0'' 3.30 x 3.06m Lift
Vault 7'6'' x 8'2'' 2.33 x 2.50m
Lift
R
Flat 4
17 5.3
Flat 3 Office 11'4'' x 7'2'' 3.51 x 2.2m
Flat 1a Cellar 11'2'' x 8'0'' 3.40 x 2.43m
9'11'' x 9'4'' 3.01 x 2.84m
Flat 1
Gross Internal Area Bedroom 17'7'' x 12'2'' 5.35 x 3.72m
LOWER GROUND FLOOR
Floor / Flat No.
Sq ft
Sq m
First
1401
130.16
Flat 3
764
71.04
Flat 4
402
37.32
Reception Room 15'9'' x 12'8'' 4.80 x 3.85m
GROUND FLOOR
Bedroom 14'3'' x 13'1'' 4.35 x 4.00m
Bedroom 16'3'' x 8'10'' 4.96 x 2.69m
Reception Room 20'4'' x 13'7'' 6.20 x 4.14m
Bedroom 13'11'' x 13'5'' 4.25 x 4.10m
FIRST FLOOR
2 - 3 W e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J
14'7'' x 12'10'' 4.45 x 3.90m
Floorplans
FOURTH FLOOR
ATTIC
Floorplans
Reception Room 15'5'' x 13'9'' 4.69 x 4.20m
Reception Room 15'5'' x 13'9'' 4.75 x 4.20m
CH 3.08M
Bedroom 11'0'' x 10'9'' 3.36 x 3.27m
CH 3.08M
Bedroom 10'10'' x 10'0'' 3.30 x 3.06m Lift
Bedroom 10' x 8'6'' 3.06 x 2.60m
Reception Room 17'5'' x 15'8'' 5.31 x 4.77m
Flat 4
Lift
CH 3.11M
Flat 7
Flat 5
Flat 3 9'11'' x 9'4'' 3.01 x 2.84m
Bedroom 13'6'' x 13'5'' 4.11 x 4.10m
Flat 6
Gross Internal Area Floor / Flat No. Bedroom 16'3'' x 8'10'' 4.96 x 2.69m
Second Reception Room 20'4'' x 13'7'' 6.20 xFlat 4.14m 5 Flat 6 Flat 7
FIRST FLOOR
Sq ft
Sq m
2482
230.59
845 Bedroom 13'11'' x 13'5'' 4.25 x 4.10m
78.55
961
89.33
375
34.88
Bedroom 18'1'' x 11'11'' 5.50 x 3.64m
Bedroom 13'10'' x 7'1'' 4.21 x 2.17m
Bedroom 16'1'' x 8'9'' 4.91 x 2.67m
Reception Room 17'11'' x 13'8'' 5.47 x 4.17m
Reception Room 13'11'' x 12'6'' 4.25 x 3.80m
2 -SECOND 3 WFLOOR e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J
Floorplans
Floorplans
West Halkin Street, SW1
APPROX. GROSS INTERNAL AREA * 11590 Ft ² - 1076.71 M ² (EXCLUDING EXTERNAL VAULTS & BOILER ROOMS) APPROX. EXTERNAL VAULTS & BOILER ROOMS 984 Ft ² - 91.51 M ²
1 1a 3 4 5 6 7 9 10 11 13 12 14 Attic Office
Ft ² 484 1323 764 401 845 961 375 819 484 967 383 256 875 368 91
M² 45.03 123.50 71.04 37.32 78.55 89.33 34.88 76.16 35.20 89.93 45.01 23.84 81.34 34.25 8.51
Ceiling Height
External Vaults & Boiler Rooms
CH 2.48M
Bedroom 10'9'' x 10'7'' 3.28 x 3.22m
Bedroom 10'8'' x 8'6'' 3.24 x 2.60m
N
FLAT NO:
AREA
Flat 10
Recept Roo 16'6'' x 1 5.03 x 4.
Lift
Reception Room 18'1'' x 15'10'' 5.50 x 4.82m
Flat 9
CH 2.08
Bedroom 13'6'' x 9'11'' 4.11 x 3.03m Flat 11
Gross Internal Area Floor / Flat No.
Sq ft
Sq m
Third
2490
231.33
Flat 9
819
76.16
Flat 10
379
35.20
Flat 11
968
89.93
oorplan is for GUIDANCE ONLY and NOT FOR VALUATION purposes.
Boiler Room 12'10'' x 9'3''
Reception Room 15'5'' x 13'11'' 4.71 x 4.23m
Bedroom 18'1'' x 12'0'' 5.50 x 3.65m
1 5
Bedroom 14'8'' x 8'10'' 4.48 x 2.70m Reception Room 18'5'' x 13'7'' 5.61 x 4.13m
Bedroom 14'7'' x 12'10'' 4.45 x 3.90m
THIRD FLOOR Flat 1a Cellar 26'10'' x 8'8'' 5.00 x 2.70m
Vault 8'2'' x 7'6'' 2.53 x 2.37m
2 - 3 W e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J
edroom '1'' x 12'0'' 50 x 3.65m
Floorplans
Floorplans
Reception Room 16'4'' x 12'8'' 4.99 x 3.85m
Reception Room 15'5'' x 13'11'' 4.71 x 4.23m
Kitchen 10'10'' x 9'6'' 3.31 x 2.90m
CH 2.48M
Bedroom 10'9'' x 10'7'' 3.28 x 3.22m
Bedroom 10'8'' x 8'6'' 3.24 x 2.60m
Flat 12
Flat 10
Reception Room 16'6'' x 15'10'' 5.03 x 4.82m
Lift
Flat 9
Flat 13
CH 2.08M
Bedroom 13'6'' x 9'11'' 4.11 x 3.03m Flat 11
Bedroom 14'8'' x 8'10'' 4.48 x 2.70m
Floor / Flat No.
Sq ft
Sq m
Fourth
1962
182.28
FlatRoom 12
257
Bedroom 14'7'' x 12'10'' 23.84 4.45 x 3.90m
Flat 13
484
45.01
Flat 14
875
81.34
18'5'' x 13'7'' 5.61 x 4.13m
THIRD FLOOR
Flat 14
Gross Internal Area
Reception
Bedroom 8'10'' x 6'11'' 2.70 x 2.11m
Bedroom 16'9'' x 12'1'' 5.11 x 3.69m
Bedroom 10'10'' x 7'1'' 3.30 x 2.15m
Flat 13 Bedroom 11'7'' x 9' 3.52 x 2.74m
Reception Room 18'6'' x 8'1'' 5.65 x 2.47m
14'3'' x 13'5'' 4.35 x 4.10m
Bedroom 10'8'' x 9'4'' 3.24 x 2.85m
*Please note that the proposed demise and floor area of Flat 13 includes the separate room which is currently accessed from the common parts.
FOURTH FLOOR
2 - 3 W e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J
CH
Floorplans
Floorplans Reception Room 16'4'' x 12'8'' 4.99 x 3.85m
Kitchen 10'' x 9'6'' 31 x 2.90m Flat 12 11'11'' x 8'2'' 3.64 x 2.50m
Flat 13
Bedroom 8'10'' x 6'11'' 2.70 x 2.11m
Flat 14
Bedroom 10'10'' x 7'1'' 3.30 x 2.15m
Flat 13 Bedroom 11'7'' x 9' 3.52 x 2.74m
Reception Room 18'6'' x 8'1'' Gross 5.65 xInternal 2.47m Area
Floor
Bedroom 10'8'' x 9'4'' 3.24 x 2.85m Sq ft Sq m
Attic
369
14'3'' x 13'5'' 4.35 x 4.10m CH 2.39M
34.25
2 - 3 W e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J
Accommodation
Accommodation and Tenancy Schedule 2 - 3 West Halkin Street, London No.
Bedrooms
Floor
Area (sq ft)
Area (sq m)
Building Manager’s Office
-
Ground
92
8.51
1
1
Ground
485
45.03
1a
2
Lower Ground
1329
123.50
3
2
First
764
71.04
4
1
First
402
37.32
5
2
Second
845
78.55
6
3
Second
961
89.33
7
1
Second
375
34.88
9
3
Third
819
76.16
10
1
Third
379
35.20
111
2
Third
968
89.93
12
Studio
Fourth
257
23.84
113
2
Fourth
484
45.01
14
2
Fourth
875
81.34
369
34.25
9,403.056
873.89
Attic
2 - 3 W e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J
Planning
Planning / The property has been in residential use but is currently part vacant. Vacant
possession of the whole building will be provided prior to completion of the
proposed sale. A kitchen and maids’ accommodation at lower ground floor level
would have served the building as a whole and the residential layout dates from a
time when it was common to have ‘galley’ kitchens and rely on restaurants and/or
the ‘house’ kitchen for the provision of food.
/ The building falls within the jurisdiction of the City of Westminster Council and
is Grade II Listed. It is also situated within the Belgravia Conservation Area. While
the property has retained its original floor to ceiling heights and its staircase,
partitions appear to have been formed on each floor level to achieve the current
accommodation layout, but without further detailed historical research and the
advice of a heritage expert, it cannot be determined when these were installed.
However, it would appear that the current layout is of ‘some age’ and quite possibly
pre-dates the listing of the building (1970).
/ There is potential to re-configure and amalgamate units within the property to create
larger, better quality dwellings, subject to the necessary consents. A detailed planning
appraisal has been prepared and is available via the dedicated project data room,
which is listed below under ‘Further Information’.
2 - 3 W e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J
Services & Method of Sale
Further Information
Method of Sale The residual leasehold interest held by Lovat Estates Ltd in 2-3 West Halkin Street is offered for sale as an asset or by way of an all share transfer in the company. A closing date for the submission of offers and a bid process letter will be issued towards the end of the marketing period.
Services It is our understanding that the property is connected to mains water, gas and drainage, although it will be the responsibility of the purchaser to ensure they are adequate for any future use of the property.
Viewings The property may be inspected strictly by appointment only through the Vendor’s joint selling agents, Knight Frank and Savills.
2 - 3 W e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J
Contact
Contact 55 Baker Street Marylebone
33 Margaret Street
London
London
W1U 8AN
W1G 0JD
Rupert des Forges
Luke Hawkesbury
James Donger
Richard Dalton
020 7861 1777
020 7409 9942
0207 016 3841
020 7824 9021
07879 434 046
07967 555 820
0789 009 8087
07968 553 300
2 - 3 W e s t H a l ki n S t r e e t , Lo n d o n , S W 1 X 8J J