Somers Crescent, London, W2

Overview.

A rare opportunity to acquire the freehold interest in a block of five lockup garages, situated outside the congestion charging zone, to the rear of Somers Crescent, London W2. The garages are securely accessed via gated entry through Devonport, a neighbouring residential development, providing a high level of security and privacy. The existing garages would benefit from refurbishment and modernisation or alternatively could be demolished and replaced with a more contemporary structure, subject to the necessary planning permissions. The vendor believes there may be scope to remove the internal dividing walls to create a larger, open plan garage space if preferred, while retaining the surrounding rear and side wall structures, subject to structural advice, however this has not been verified. The garages are well positioned just outside the Congestion Charge zone and within walking distance of Hyde Park, Marylebone and Mayfair. Excellent transport links are nearby, with Paddington Station providing access to the Elizabeth Line, Heathrow Express and mainline services. The Church Commissioners is a registered charity (ch no 1140097), subject to charity law and regulated by the Charity Commission. As a charity, we are bound to comply with the law and our governance arrangements when dealing with our land. This means that we owe a legal duty to secure the best terms that can be reasonably obtained on disposal. During the sale process, we therefore reserve our right to continue to consider all offers received, in our discretion, up until contracts are legally exchanged.