Parkside, Knightsbridge, SW1X 7JW
A rare opportunity to acquire a fully income-producing retail parade of ten units with an exceptional 65m prime frontage on Knightsbridge, adjacent to the Mandarin Oriental and directly opposite Harvey Nichols, with Hyde Park just to the north. The private residential upper parts are excluded.
The property extends over ground and lower ground floors, totalling approximately 20,287 sq. ft. (NIA). The parade is home to a mix of premium retail, wellness/clinic, café, and pharmacy tenants, including Prince Pharmacy, The Knot Café, Fine Cashmere, Cadaro, and Yaprak, generating consistent footfall throughout the day. The parade is fully let, producing a passing rent of £914,250 per annum, with a WAULT of approximately 7.87 years to break and 8.82 years to expiry.
Tenure: Virtual Freehold (999 years from 29/09/1998), with approximately 972 years remaining and a peppercorn ground rent. VAT: Not elected. Planning: Not listed; located within the Knightsbridge Conservation Area. EPCs: Available upon request.
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