The Notting Hill Gate Estate
We acted on behalf of Frogmore Real Estate Partners and secured this rare opportunity: a significant 3.11 acre freehold estate representing one of the very last major redevelopment opportunities in one of the world’s wealthiest districts.
The Royal Borough of Kensington & Chelsea, in which the properties lie, is one of the most exclusive areas of London with the highest average house prices in the UK and the highest earnings per household.
Notting Hill Gate is a strategic arterial link between Holland Park, Notting Hill and Kensington three of London’s most sought after property locations.
The Estate forms the prime retail offer and has over 385 metres of prime frontage making up over 50% of the whole Notting Hill Gate retail frontage.
The freehold Estate comprises four holdings totalling 164,882 sq ft with diverse uses including retail, offices, leisure, residential and car parking, with scope to extend and refurbish the space.
We secured the property for our client for £215,000,000 from The William Pears Group and LaSalle Investment Management.