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Vacant Possession Opportunity with Value-Add Potential

London, United KingdomUnlock address

82%

Offers invited

Mixed use

#33554

Value-Add

3 Mar 2024

Property Details

Broker

For sale

10,541 sq.ft.

979 m²

GIA

0.00 %

0

Freehold

X

Fees

0.00 %

0.50 %

0.50 %

0.40 %

Investment Overview

Unique Prime Central London value-add opportunity to refurbish the existing mixed-use building or pursue conversion to alternative uses (subject to planning) to provide best-in-class accommodation in a core West End location. Located within Mayfair, London’s most prestigious submarket, the building is situated only 3 minutes from Green Park Underground station and just a 5-minute walk from Berkeley Square. Grade-II listed, striking Peter Moro designed building comprising 7,467 sq ft NIA (10,541 sq ft GIA) arranged over lower ground, ground, and six upper floors. The locale is world-renowned for its high-class retail offering, home to global luxury brands including Chanel, Balenciaga, Gucci, Versace & Dior. Exceptional retail pitch, offering 778 sq ft NIA of prime commercial space in a commanding, corner location benefitting from significant dual frontage. The asset provides considerable optionality for both owner occupiers and investors, following a full refurbishment of the existing building. To be sold with full vacant possession.