Prime reversionary retail & residential freehold
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Prime reversionary retail & residential freehold

England, United Kingdom

79%

Offers invited

Mixed use

#35836

Core+

23 Feb 2025

Property Details

Broker

For sale

3,457 sq.ft.

321 m²

Leasable area

5

Freehold

X

Fees

0.00 %

0.50 %

0.50 %

0.00 %

Investment Overview

Strategically located between New Bond Street and Oxford Street, benefitting from exceptional levels of footfall. Excellent connectivity less than 50m from Bond Street station. Attractive period building totalling 3,457 sq ft over ground, lower ground and four upper floors. 1,506 sq ft of retail is single let to Sakare’s flagship store with prime frontage to Bond Street. 1,951sq ft of residential accommodation providing 4 apartments. Residential accommodation is multi-let with vacant possession achievable by October 2025. Total passing rent of £431,500 per annum. Reversionary retail reflecting £585 Zone A, with the pitch achieving in excess of £700 Zone A. Opportunity for an asset manager to take advantage of the significant developments and improvements in the immediate area, which will drive forward rents and capital growth. A high-level feasibility study has been drawn up by Anomoly London architects to unlock significant value with additional massing.

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