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Freehold Investment/Development for sale

London, United KingdomUnlock address

72%

£29.000.000

Mixed use

#24271

Core+, Value-Add

5 Mar 2024

Property Details

Broker

For sale

11,016 sq.ft.

1,023 m²

NIA

2,632.53 £/sq.ft.

28,348 £/m²

1

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

Investment Overview

Rare opportunity to acquire a prime mixed-use trophy building in the heart of Mayfair. 11,016 sq ft (1,023.35 sq m) NIA of office and retail accommodation arranged over lower ground, ground and seven upper floors. Extremely well connected within a 2-minute walk of Green Park Undergroun- Freehold. Offered with the opportunity to achieve vacant possession on the upper floors by December 2023, giving the opportunity to refurbish and achieve best-in-class Mayfair rents Potential to add further accommodation at roof level (subject to planning permission). Ground and lower ground let to JOE & THE JUICE until 2031 at a current rent of £300,000 pa