Offers over
£6,250,000
(£1,334.90/sq. ft)
Office for sale46 Draycott Place, Chelsea, 46 Draycott Place, London SW3
4,682 sq. ft
Added on
Robert Irving Burns
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About this property
A rare opportunity to acquire a luxury C1 serviced apartment block in the heart of Chelsea, just moments from Sloane Square
Comprising 8 self-contained studio, one and two bedroom apartments, each fully furnished to a high contemporary standard.
The building spans 4,682 sq ft (gia) across lower ground, ground, and three upper floors.
The property is fully let to Estage Group Limited on a term of 2 years 10 months from 31st December 2024 and is operated as a high-end serviced apartment asset.
It generates a rental income of £216,000 per annum until 30 November 2025, increasing to £226,800 per annum until 30 November 2026, and rising further to £238,140 per annum until 30 November 2027.
The lease includes annual mutual break clauses exercisable with three months’ notice, allowing the purchaser to either continue benefiting from the existing income or owner operate
Located within immediate proximity to Knightsbridge, Sloane Square, Sloane Street, and King’s Road – offering unrivalled access to London's most exclusive retail and lifestyle amenities.
Price is £6,250,000 (Six Million Two Hundred And Fifty Thousand Pounds), reflecting a capital value of £1,334 per sq ft on the gia for the Freehold interest.
Description
Trading as Draycotts of Chelsea, the building has built a strong reputation for delivering elegant, design-led accommodation tailored to international clientele.
This is a unique opportunity offering secure income, long-standing operational history, and future potential for enhanced rental growth or alternative use, subject to planning.
Location
Famous for its retail elegance, Sloane Street, King’s Road, and Duke of York Square offer world-class shopping, dining, and cultural experiences, including luxury brands like Chanel, Dior, and Hermès, as well as renowned restaurants and galleries.
Excellent transport links are available via Sloane Square Underground Station (Circle & District lines), providing direct access to the West End and the City.
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