your space. - levy real estate · gloucester road south ke nsington notting hill gate lancaster...
TRANSCRIPT
Your Space comprises 28,229 sq ft of open plan warehouse style space over two floors with 3 m ceiling heights, significant natural light, good floor loadings and two separate street entrances.
The Property is located in a resurgent area of Central London that is seeing an influx of new retail and leisure investment.
The Property offers flexibility and is well suited to a variety of uses including leisure, healthcare, retail, office and last mile logistics.
YOUR SPACE.
3YOUR VISION YOUR SPACE
QUEENSWAY IS BECOMING THE DESTINATION OF CHOICE FOR WEST LONDON
5YOUR VISION YOUR SPACE
B A Y SWA T E R R OA D
CAM
PD
EN
HI L
LR
OA
D
K E N SI N GTON R OA D
KE
NS
ING
TO
NC
HU
RC
HS
TR
EE
T
EX
HI B
I TIO
NR
OA
D
B ROM
P TO
NR
OA
D
KE
NS
ING
TO
NP
AL
AC
EG
AR
DE
NS
PA
LA
CE
AV
EN
UE
WE
ST
CA
RR
IAG
ED
RI V
E
QU
EE
N’S
GA
TE
CR OMW E L L R OA D
S O U T H CA R R I A GE D R I V E
SL OA N EAV E N U E
QU
EEN
SWA
Y
EC
AR
RE
TS
SE
NR
EV
NI
BAYSWATER ROAD
SUSSEX GARDENS
PRAED STREET
PE
MB
RI D
GE
VI L
LA
S
F U L H A MR OA D
OL DB R OMP T ON
R OA D
QU EEN SWAY
TEBAYSWA R
PADDIN GTON
H IGH STREE TKENS IN GTON
GLOU CESTER R OADSOU TH KE N SIN GTON
N OTTIN G H ILL GATE
LANC ASTER GATE
Knightsbridge
NottingHill
Kensington
Bayswater
South Kensington
HYDE PARK
KENSINGTON GARDENS
ROUNDPOND
THE SERPENTINE
WESTBOURNE PARK
WARWICK AVENUE
MARYLEBONE
EDGEWARE ROAD
A40
A40
A40
EDGEWARE RO
AD
WARW
ICK AV
HARROW
ROAD
A4206
A4206
WestbournePark
Paddington
KENSINGTON PALACE
ROYALALBERT HALL
Maida Hill
ROYAL OAK
YOUR LOCATION.
A 5-minute walk immediately to the south on Queensway takes you to the new West Walk redevelopment where 135,000 sq ft of retail and leisure space is being redeveloped by Bourne Capital. Adjacent to this scheme, opposite Queensway Underground Station, lies the Park Modern residential development that will see high end luxury residential apartments fronting Hyde Park.
Located at the junction of Queensway with Westbourne Grove, Your Space benefits from being only a few minutes’ walk from the major 500,000 sq ft mixed-use redevelopment of Whiteley’s
Shopping Centre and to the new tenant mix being attracted to this area. Recent lettings include Gail’s Bakery, Joe & The Juice, One Rebel, Barry’s Bootcamp, Waitrose, TAB X TAB and Thunderbird. YOUR SPACE
135 QUEENSWAY, LONDON W2 5HP
7YOUR VISION YOUR SPACE
KENSINGTON GARDENS
ROYAL ALBERT HALL
HYDE PARK
QUEENSWAY TUBE
BAYSWATER TUBE
WHITELEYS
QU
EEN
SWAY
9YOUR VISION YOUR SPACE
Your Space is exceptionally well connected with access across London via the Central Line from Queensway Underground Station (7 minute walk),
Circle and District Line from Bayswater Underground Station (4 minute walk), and from the Hammersmith and City and Circle Line at Royal Oak (3 minute walk).
The area will be further enhanced by the arrival of the Elizabeth Line at Paddington Station in late 2019, accessible via the new Crossrail station on Eastbourne Terrace (circa 10 minute walk).
Combined, Queensway and Bayswater Underground Stations bring approximately 13 million people to the area. This provides a focused foot flow along Queensway for the benefit of the retail and leisure.
TRANSPORT.
MARYLEBONE HIGH STREET
24 MINS 1.4 MILES
NOTTING HILL GATE STATION
11 MINS
0.6 MILES
PADDINGTON STATION
10 MINS
0.4 MILES
ROYAL OAK TUBE
3 MINS
0.2 MILES
BAYSWATER STATION
6 MINS
0.3 MILES
QUEENSWAY STATION
9 MINS
0.4 MILES
KENSINGTON PALACE
16 MINS
0.7 MILES
HYDE PARK
20 MINS
0.8 MILES
11YOUR VISION YOUR SPACE
MAJOR PUBLIC REALM IMPROVEMENTS
These include the semi-pedestrianization of Queensway and resurfacing and widening of the pavements. Phase 1 of the works has commenced with completion along the entirety of Queensway in August 2019 which will add to the attractiveness of the overall environment.
PARK MODERN
Fronting Hyde Park at the junction of Queensway and Bayswater Road, Park Modern is a luxury residential development covering 0.4 acres. The development recently started and will provide 55 residential apartments together with leisure and restaurant facilities; completion of the £450m scheme is due in 2021.
WEST WALK
Bourne Capital is creating a retail and leisure destination along Queensway with 135,000 sq ft of retail, restaurant and leisure space. This significant investment at the heart of Queensway has already seen lettings to Barry’s Bootcamp, Thunderbird, Meat Liquor, Amorino, Urban Barista, Yeo Valley flagship and London’s largest Pret A Manger. Another important attraction pulling Londoners onto Queensway is the new Queen’s Ice and Bowl that offers one of London’s trendiest hot spots for ice skating, ice karting and bowling.
QUEENSWAY IS MOVING FORWARD…
FROM TOP TO TOE, QUEENSWAY IS THE FOCUS OF REGENERATION AND A TRANSFORMATION THAT WILL SET A PRECEDENT FOR YEARS TO COME.
WHITELEY’S SHOPPING CENTRE
The Whiteley’s Shopping Centre redevelopment, designed by Fosters & Partners has recently started. The significant mixed-use scheme of 500,000 sq ft comprises 129 luxury residential homes from developers, Finchatton, along with 100,000 sq ft of high-end retail, a cinema and a hotel.
13YOUR VISION YOUR SPACE
There is an increasing level of interest from well-established private medical occupiers both domestic and overseas, looking to create a platform from which to expand in the growing Central London healthcare market. This market is traditionally centred around major teaching or private Hospital health hubs. However, with limited options available, strict medical restrictions
and insufficient space, operators are adopting a more flexible perspective and are establishing presence in new areas, factoring in the patient’s willingness to travel to see the required specialists.
The new entrants to the Central London market who are open or due to open in the next 24 months includes the Cleveland Clinic in Belgravia, the Schoen Clinic
in the Harley Street Medical Area and Chelsea, and the Mayo Clinic in the Harley Street Medical Area.
Your Space provides a very good opportunity to establish a sizeable floorplate and presence, whilst benefiting from a relaxed medical user clause and being within Central London, benefiting from quick access to multiple hospitals and medical hubs.
CENTRAL LONDON HEALTHCARE.
Your Space provides an opportunity for a healthcare operator looking for a Central London location, benefiting from no lease restriction on the type of medical user and
being well placed to take advantage of quick transit to the Harley Street Medical Area and the nearby major trauma Centre of St Mary’s Hospital in Paddington.
15YOUR VISION YOUR SPACE
YOUR OPPORTUNITY.
THE SPACE IS POTENTIALLY SUITABLE FOR A WIDE RANGE OF OCCUPIERS INCLUDING LEISURE, HEALTHCARE, RETAIL, OFFICE AND LAST MILE LOGISTICS.
17YOUR VISION YOUR SPACE
FLOOR AREAS
The property is available on either a whole or split basis, the GIA floor areas are as follows:
WHOLE
Upper Ground Floor 13,482 sq ft 1,252.50 sq m
Lower Ground Floor 14,747 sq ft 1,370.07 sq m
Total 28,229 sq ft 2,622.53 sq m
SPLIT
Upper Ground Floor South 7,006 sq ft 650.87 sq m
Upper Ground Floor North 6,475 sq ft 601.54 sq m
Lower Ground Floor 14,747 sq ft 1,370.03 sq m
Total 28,229 sq ft 2,622.94 sq m
The upper ground floor benefits from natural light at the front and rear of the Property, the lower ground floor is top lit at the rear.
Ceiling heights for both floors are approximately 3m.
Floor loadings approx. 7.0 kn m2 but not tested.
UP
PER
GR
OU
ND
FLO
OR
LOW
ERG
RO
UN
D F
LOO
R
19YOUR VISION YOUR SPACE
Arthur CourtApartments
North Entrance South Entrance
Rampdown
Upper Ground Floorapprox. 1,252 m² / 13,482 sqft *
Arthur CourtApartments
Rampup
Lower Ground Floorapprox. 1,370 m² / 14,747 sqft*
TENURE Your Space is available by way of a new lease for a term to be agreed.
The lease will be contracted outside the security of tenure provisions of the 1954 Landlord & Tenant Act
(Part II) as amended.
INSURANCE AND SERVICE CHARGE Service charge and insurance is applicable, further information
upon request.
BUSINESS RATES The property will be re-assessed once the renovation and split has been finalised.
Interested parties are advised to verify the above
with the local authority.
ENERGY PERFORMANCE CERTIFICATE To be advised.
RENT Upon application.
LEGAL COSTSEach party to bear its own costs in connection with this transaction.
21YOUR VISION YOUR SPACE
TALK TO US
DisclaimerMisrepresentation Act 1967 – Levy Real Estate and Cushman & Wakefield for themselves and for the Vendors or Lessors of this property whose agents they are given notice that: all descriptions, dimensions, reference to condition and necessary for use and occupation and other details are unless otherwise stated indicative only. Any intending purchasers or tenants should not rely on them as statements or representations of fact or as warranties but must satisfy by inspection or otherwise as to the correctness of each of them. Any services mentioned have not been tested and therefore prospective occupiers should satisfy themselves as to their operation. These particulars are produced in good faith and set out a general guide only and do not constitute part of any offer or contract. No person in the employment of Levy Real Estate or Cushman & Wakefield has any authority to make or give representation or warranty in relation to this property. All prices and rents are quotes exclusive of VAT unless otherwise stated. February 2019.
[email protected]+44 (0) 207 747 0151
TORS.HAYWARD@LEVY LLP.CO.UK+44 (0) 207 747 0154
MATT PAULSON-ELLIS
TORS HAYWARD
[email protected]+44 (0) 207 152 5787
[email protected]+44 (0) 207 152 5776
DAVID KERR
FERGUS FORSYTH
FOR RETAIL, OFFICE & LEISURE ENQUIRIES,
PLEASE CONTACT:
FOR HEALTHCARE ENQUIRIES,
PLEASE CONTACT: