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Mixed-use period building

London, United KingdomUnlock address

78%

£14.000.000

Mixed use

#34385

Core+

3 May 2024

Property Details

Broker

For sale

9,087 sq.ft.

844 m²

Leasable area

1,540 £/sq.ft.

16,587 £/m²

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

Investment Overview

Located in close proximity from Green Park and Piccadilly Circus Underground Stations, with Victoria and Charing Cross terminal stations nearby. Attractive mixed-use period building comprising 9,087 sq ft of retail, offices and residential use benefiting from excellent levels of natural light throughout. Vacant Possession achievable within 15 months. Value add opportunity with historic planning consent for four luxury residential apartments, residential values are in excess of £3,000 per sq ft. Historic planning consent granted in 2015 to create an additional 1,502 sq ft to the property with a revised total net internal area of 10,589 sq ft. Multi-let building with a gross income of £337,496 per annum and a net income of £291,763 per annum.