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Prime Mayfair Retail for sale

London, United KingdomUnlock address

72%

£21.000.000

Retail

#15381

Core

24 Feb 2024

Property Details

Broker

For sale

7,214 sq.ft.

670 m²

Leasable area

2,911 £/sq.ft.

31,343 £/m²

1

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

Investment Overview

Prime Mayfair Freehold. Located in London’s premier submarket, an area known for its affluence and wealth within walking distance of Bond Street and Berkeley Square. 7,214 sq ft across basement, ground and three upper floors. Comprehensively refurbished in 2022 to an excellent standard. Single-let to a luxury leisure concept incorporating a high-end Italian restaurant, smoking lounge and rooftop bar. Minimum total rent of £575,000 per annum, with annual, uncapped RPI-linked reviews, up to 7% of gross turnover. WAULT of 19.0 years to expiry.