£35.250.000

Mixed use
#40214
Core+
24 Sep 2026
Investment Overview
Rare freehold trophy asset in the heart of St James’s, prominently positioned overlooking Southwood Garden. Located on Jermyn Street, the historic home of British bespoke tailoring, a street synonymous with heritage and prestige. 30 feet of prime retail frontage on Jermyn Street, with the benefit of private rear access via Ormond Yard. 15,159 sq ft / 1,408.3 sq m of commercial and residential accommodation arranged over basement, lower ground, ground and five upper floors. Best-in-class offices, with the first and third floors refurbished in 2026 to a very high standard and let at £130 per sq ft, demonstrating the clear reversionary upside of the second floor. Retail anchored by Crockett & Jones, the world-renowned shoemaker, secured on a newly regeared ten-year term certain. Lower ground floor let to Dear Darling, an exclusive private members’ club benefiting from a rare late-night licence. Two residential apartments offering genuine optionality for private occupation or reletting on APTs at a premium to the current income. Secure long-dated income profile generating a total rent passing of £1,430,168 per annum and an unexpired term of 8.5 years to expiries and 7.3 years to breaks.
Additional Information
Sales process
We are instructed to seek offers in excess of £35,250,000, reflecting a NIY of 3.80%, assuming 6.80% purchaser’s costs, and a capital value of £2,325 per sq ft. Subject to contract and exclusive of VAT.








