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Prime Old Bond Street Retail for sale

Old Bond Street, England, United KingdomUnlock address

77%

£20.000.000

Retail

#15040

Core+

2 Feb 2024

Property Details

Broker

For sale

1,613 sq.ft.

150 m²

Leasable area

12,399 £/sq.ft.

133,333 £/m²

2.06 %

1

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

Investment Overview

Opportunity to acquire the asset for the first time in over 100 years. Rare Freehold. Prime Old Bond Street pitch, the epicentre of the world’s most exclusive brands. Attractive 1,613 sq ft NIA Grade II listed Mayfair property.The building is arranged as 695 sq ft of retail accommodation on ground and lower ground with 918 sq ft of office accommodation arranged over four upper floors. Single let to 2029. Total passing rent of £440,000 per annum. Exceptionally low passing rent of £1,436 ITZA on the retail and £65.36 per sq ft on the office accommodation offering the opportunity to capture significant rental reversion.