Two interconnected Grade II listed buildings
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Two interconnected Grade II listed buildings

London, United Kingdom

87%

£13.400.000

Office

#35721

Core+

9 Feb 2025

Property Details

Broker

For sale

19,128 sq.ft.

1,777 m²

NIA

700 £/sq.ft.

7,540 £/m²

5

Leasehold

101

X

Fees

0.00 %

0.40 %

0.00 %

0.00 %

0.40 %

Investment Overview

Two interconnected highly attractive Grade II listed buildings which benefit from significant frontage on the renowned Grosvenor Gardens. Situated in the heart of Victoria, within a stone’s throw of Victoria Station - a key transportation hub which connects Grosvenor Gardens with the rest of London and beyond. Refurbishment works recently undertaken which included the renovation of heating, air conditioning and electrical systems as well as an overhaul of the common parts, providing a rejuvenated, statement client reception. The building offers prime office accommodation behind striking period façades, providing modern functionality amidst grand historical features. The building comprises of 19,128 sq ft (NIA) across lower ground, ground and five upper floors. The property is multi-let to five tenants and provides a gross passing rent of £751,236 per annum with a WAULT of 3.6 years to earliest determinations and 6.8 years to expiries. Held via three Long Leasehold interests from the Grosvenor Estate Belgravia with a total current head rent of £91,911 per annum.

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