FREEHOLD OFFICE BUILDING - SOLD

3,240 SQ FT / 301 SQ MS APPROX.

121 KENNINGTON PARK ROAD, LONDON  SE11

Potential for residential use, subject to the necessary consents 

Close to Kennington underground station         

LOCATION  

The property is located on the east side of Kennington Park Road (A3) between the junctions with Kennington Park Place and Braganza Street. 

Kennington Park Road is a bus route and red route at this section but there are time limited free parking bays outside the property – the property is just outside of the Congestion Charging Zone.  Kennington underground station is within walking distance and the nearest mainline stations are at Elephant & Castle and Vauxhall.  This is a convenient location for access to central London, especially to Westminster, Victoria and the West End, by road and bus, by way of Vauxhall, Lambeth and Westminster Bridges. 

Kennington is a popular commercial and residential location and in recent years the quality of its shops, restaurants and bars has improved making it more attractive for business users and residents alike.   

DESCRIPTION  

The property comprises a traditionally built mid-terrace stock brick building on lower ground/basement, ground and three upper floors with a single storey addition/extension to the rear.  The rear elevation includes an attractive bay feature, the top floor is formed under a mansard roof between brick parapet walls and architectural metalwork is fixed to various outside areas. 

The front garden area is covered with paving slabs.  It is above pavement level but with a small inset lower section to the front at pavement level.  There is access to vaults under the front garden.  The main rear garden area is enclosed and laid out as a patio with borders.  There is an inner rear garden/courtyard area enclosed between the main building and the back addition/extension which contains shrubs and bushes. 

The main front entrance is up concrete steps.  There is also a secondary fire escape/entrance down steps to the lower ground/basement floor.  Within the building the main staircase serves all floors from the main front entrance hall and there is a secondary staircase between the second and third floors only. 

The property has recently been used for office purposes although most of the properties in the terrace are occupied as houses or flats.  Internal features include timber sash windows, some wooden window shutters, cornice work and a fireplace.  Natural light is generally good, especially in the main ground floor rear room from close to full height windows although there is limited natural light to the lower ground/basement floor areas. 

In the main the accommodation has painted wall and ceiling finishes and carpet floor covering.  Amenities include gas fired boiler central heating, fire and security alarm systems, a mixture of lighting and power provision mainly from wall sockets with limited perimeter trunking and floor panels – none of the amenities or services have been tested. 

The property and its services requires repair and modernisation.  

ACCOMMODATION 

We have measured the approximate net internal areas in accordance with the Royal Institution of Chartered Surveyors’ Code of Measuring Practice and as currently laid out, to be:-

PLANNING  

It is understood that the property is Grade II Listed being a late eighteenth century former house in a terrace of twenty one similar properties and is within the Kennington Park Road Conservation Area.   

INTEREST  

We have seen no documents relating to the freehold interest and are so unaware of any restrictions, rights or reservations.  

PRICE  

Offers are invited in the region of £750,000,      subject to contract.  

COSTS  

Each party is to pay its own costs in the matter.  

VIEWING 

By appointment only with Frederick Holt & Company (020 7582 9375).

                                                                                                  March 2009