The nine apartments, including two duplex penthouses and seven lateral units, are arranged across several floors in an iconic mansion block, benefitting
from spectacular views across Hyde Park.
All of the apartments benefit from generous balconies overlooking Hyde Park.
Seven of the apartments are let and income producing on Assured Shorthold Tenancies (ASTs), generating a rent of
£945,240 per annum.
The two duplex, penthouse apartments, capable of being interlinked and let or occupied as a single unit, are
24 hour portage service, security and a lift.
The nine apartments are each held via 999 year long leasehold interests at peppercorn rents.
Offers are invited for our clients leasehold interests.
The apartments are available via nine separate SPVs, thereby attracting nil Stamp Duty Land Tax (SDLT), or via a single asset purchase attracting SDLT at 5.00%.
Parkside is situated on the north side of Knightsbridge, a short distance to the east of it's junction with Sloane Street and less than 100m from both Knightsbridge and Hyde Park Underground Stations.
Overlooking Hyde Park, notable local attractions include The Lanesborough, The Wellsley and The Berkeley hotels. The Mandarin Oriental Hyde Park and Bulgari hotels are a short distance to the west.
The haute couture fashion boutiques of Sloane Street, alongside further world class retail at both Harvey Nichols and Harrods as well as Brompton Road, are all in close proximity. There is a choice of world class cuisine from restaurants including Celeste, Dinner by Heston Blumenthal, Marcus, Petrus and Zuma.