8 Milner Street
Residential,Retail property for sale in London SW3 2PU
8 Milner Street
840 sq ft
Opportunity to acquire a retail / residential investment in Chelsea, a densely populated and affluent central London location.
Mixed-use building, comprising 840 sq ft (78 sq m) of retail accommodation over ground and lower ground floors with residential accommodation on the first, second and third floors.
Situated within the Royal Borough of Kensington & Chelsea, the property is located in one of London’s most desirable locations amongst a densely populated and highly affluent community. Kensington and Chelsea is home to globally renowned cultural attractions such as the Royal Albert Hall, Saatchi Gallery, Natural History Museum and the Victoria & Albert Museum. In addition, the surrounding areas have some of the world’s most renowned luxury retailing destinations including Brompton Cross, King’s Road and Sloane Street.
The property is located on the south side of Milner Street, between Halsey Street and Rawlings Street. A number of local and national estate agents are located in close proximity including Marsh & Parsons, Ashdown Marks, Safinia, Strutt & Parker, Jackson Stops, and Bective Leslie Marsh. Milner Street is also home to a number of art galleries, interior design studios, a hair salon and Baker & Spice.
In recent years, investment at Brompton Cross and Sloane Street by Tribeca Holdings and Cadogan Estate respectively has significantly improved the area’s living and working environments by attracting global retail brands, office occupiers, tourists and international residents.
The location benefits from good transport links and is an 8 minute walk from Sloane Square Underground Station (Circle / District Lines), a 9 minute walk from South Kensington Underground Station (Circle / District / Piccadilly Lines) and a 10 minute walk from Knightsbridge Underground Station (Piccadilly Line). 8 Milner Street is also well positioned to benefit from the proposed Crossrail 2 station on the King’s Road.
The property is a mid-19th century terraced, five-storey brick built building comprising 840 sq ft (78 sq m) of retail space over ground and lower ground floors. The retail space is occupied by Stanley Chelsea, an estate agency, and benefits from a substantial glazed frontage onto Milner Street that provides natural light to an open-plan sales area. The lower ground floor also benefits from natural light from the rear windows and comprises further functional office accommodation, a kitchenette, vaults and WC facilities.
The first, second and third floors are residential flats with self-contained access from St Catherine’s Mews. There are two parking spaces within the freehold title ownership with reserved rights of access from Milner Street, included in the lease to Stanley Chelsea.
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BNP Paribas Real Estate
Tel: 020 7318 4692