Mixed-use value add opportunity

Striking mixed-use opportunity located in the heart of London’s most exclusive sub-market. Situated in close proximity to Bond Street station and the Elizabeth Line, which will benefit from the opening of the Elizabeth Line. The property comprises 7,346 sq ft of luxury retail and office accommodation arranged lower ground, ground, mezzanine and four upper floors. Let at a reversionary passing rent of £490,020 per annum. The retail element benefits from 10.8 years unexpired, while full vacant possession of the offices is available on short notice offering the potential to drive a new rental tone or secure vacant possession for owner occupation. The property offers various asset management initiatives including a full refurbishment of the office element upon vacant possession, with prime Mayfair rents currently at £122.50 per sq ft. New 150 year leasehold interest from the City of London at a peppercorn.