Park Modern, Hyde Park
117-125 Bayswater Road, London
Cushman & Wakefield alongside our joint agent Knight Frank are delighted to offer the Freehold interest in this exceptional landmark development opportunity.
We highlight the salient points as follows:
A freehold site of approximately 0.4 acres covering an entire block fronting the Park.
Planning granted for a scheme of 57 residential units (above two retail and one health and leisure unit) with south facing views over Kensington Gardens towards Kensington Palace.
Approximately 102,000 sq ft (NSA) of residential, 10,000 sq ft (NIA) of retail (A1/A3) and 13,500 sq ft (NIA) of leisure (D2) equating to approximately 171,000 sq ft (GIA) with 10,000 sq ft of balconies /terracing and 67 parking spaces.
Potential to increase residential NSA through a non-material amendment to the consented scheme.
Alternative potential for the site to deliver a trophy hotel, subject to planning.
A landmark development opportunity and key component of the Queensway regeneration project with the opportunity for the owner to design and deliver a new formal gate into the park.
Offered for sale by private treaty, via informal tender.
Further information is available at the dedicated website, www.parkmodern.com
Please do not hesitate to contact one of the sales team below:
Head of Residential
+44 (0)20 3296 3988
Head of EMEA Hospitality
+44 (0)20 7152 5468
+44 (0)20 3296 4045