West End & City Property Specialists

17,551 sq ft industrial/warehouse unit situated on a 0.35 acre site. For sale with full vacant possession and the benefit of a planning consent for approximately 80,000 sq ft office scheme. Directly opposite the Gillette A4 Corner site, recently sold for mixed use development including commercial, hotel and residential use.

Of interest to owner occupiers and developers.

We are instructed to seek offers for the Freehold interest.

South Audley Street is located within prime Mayfair, adjacent and parallel to Park Lane, linking Grosvenor Square with Curzon Street.

This elegant building was constructed at the turn of the century, and provides a variety of well-proportioned offices served by a lift accessed via an impressive marble lined entrance hall and elegant staircase. The building has undergone a refurbishment in the last couple of years, with the offices benefiting from air conditioning.

• Prime FREEHOLD office building, on the border with The Grosvenor Estate.
• Attractive period property with a total net internal area of 4,208 sq ft (391 sq m). Estimated Gross internal area of 6,107 sq ft (567 sq m).
• 1,875 sq ft currently let to two tenants, with the ability to obtain vacant possession on the second floor in July 2009 and third & fourth floors in July 2010.
• 2,333 sq ft (217 sq m) currently vacant over First, Ground and Lower Ground floors.
• Opportunity to maximise income through reletting.
• Potential for alternative uses (INCLUDING RESIDENTIAL) subject to usual necessary consents.
• Offers are sought in the region of £7,250,000 (Seven Million Two Hundred and Fifty Thousand Pounds) subject to contract. The property is not VAT elected.

FREEHOLD office and retail investment opportunity.

• Prime multi-let office and retail property.
• Freehold.
• 12,945 sq ft Grade A office accommodation constructed behind a period facade with 1,870 sq ft of retail providing a total net internal area of 14,815 sq ft.
• Reversionary passing rent of £626,675 per annum reflecting £43.39 per sq ft on the office element and £92 Zone A on the retail element.
• Potential to surrender the 2nd floor and occupy / re-let.
• Mutual break options on 1st, 5th and lower ground floors in February 2010 offering further opportunity to maximise rents or occupy space.
• Asset management angles through a spread of rent reviews and break options.
• Outstanding retail rent review from December 2007.
• Offers are sought for the freehold interest.

Attractive period office building totaling 5,844 sq ft (543 sq m) net internal area and approximately 7,565 sq ft (703 sq m) gross internal area.

Freehold tenure

Opportunity to refurbish the building and relet as the whole of the property is vacant.

Of interest to owner-occupiers, developers and investors.

Situated close to Charing Cross and Embankment stations, just to the south of Strand.

We are guiding offers in the region of £3,000,000 (Three Million Pounds), subject to contract and exclusive of VAT which represents a Capital Value of £513 per sq ft on net internal areas and £397 per sq ft on the gross internal areas.

Attractive Freehold for sale in WC2

• Full Vacant Possession in June 2009.
• Potential for change of use to residential (subject to usual necessary consents).
• We are instructed to seek offers in the region of £3,250,000 (Three Million Two Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT which represents a Capital Value of £703 per sq ft on the Net Internal Areas and £472 per sq ft on the Gross Internal Areas.
  

The adjacent building is also available by separate negotiation.