Colliers Godfrey Vaughan - Chartered Surveyors

The property is situated in Chelsea, one of London’s most exclusive residential, retail and commercial addresses, within walking distance of The Kings Road and Sloane Square and the world-renowned department stores Harrods and Harvey Nichols, as well as numerous fashion houses on Sloane Street and top quality hotels and restaurants.

This prestigious Chelsea Street is situated between Sloane Street and Brompton Road.

The surrounding area is predominantly high quality residential, achieving some of the highest sales values in London due to its central location. The area has good public transport links, with the nearest London Underground Station being Sloane Square (District and Circle) and close to routes out of London straight onto the A4 providing easy access to the UK motorway network and Heathrow Airport.

The property is for sale Freehold, with vacant possession of the upper parts. The retail shop over ground and lower ground floors is let to Marsh & Parsons on assignment for a term of 15 years from 24th June 2001, with a tenant only break in June 2011.

The current passing rent of £35,000 per annum exclusive is subject to an outstanding rent review from June 2006. We estimate this rent to be substantially reversionary.

We are instructed to seek offers in the region of £3,000,000, subject to contract and exclusive of vat.

Corner office building fronting Embankment with river views totalling 17,554 sq ft (1,631 sq m) net. (circa 24,000 sq ft/2,230 sq m) Gross. Multi-let to 9 tenants on 13 leases with a block expiry date in October 2011 and all leases outside the Landlord & Tenant Act. Potential for conversion to residential in the medium term (subject to necessary consents).

We are instructed to seek offers in excess of £14,600,000, subject to for the freehold interest which reflects a net initial yield of 5.04%, a nominal equivalent yield of 5.75% and a potential reversionary yield of 6.25%.

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.

Medium term leasehold (43 years unexpired) office and residential investment opportunity comprising 7,797 sq ft (724.37 sq m) arranged over ground, first, second and third floors.

• Located within Marylebone in the heart of the Portman Estate.
• Let on FRI terms to London Jazz Radio plc (trading as Smooth FM) for 25 years expiring on 7th December 2014.
• Currently producing a reversionary passing rent of £211,000 pax (net of £4,000 ground rent), reflecting £27.57 per sq ft with a rent review in December 2009.
• Reversionary income subject to the rent review, estimated at £37.50 overall.
• Of interest to investors, owner-occupiers and developers.
• Potential to maximise the income through refurbishment / development.
• We are instructed to seek offers in the region of £3,000,000 (Three Million Pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect a net initial yield of 6.65% (after deduction of ground rent and usual purchasers costs) and a reversionary yield of 9.1% in December 2009, based on our opinion of ERV.

Attractive Georgian building with interconnecting rear Mews totalling 7,176 sq ft (678.65 sq m) Net Internal Area and 10,124 sq ft (941 sq m) Gross Internal Area.

• Full Vacant Possession from March 2008.
• Freehold tenure.
• Of interest to owner occupiers/developers and investors.
• Potential for alternative uses (subject to necessary consents) including residential.
• We are seeking offers in excess of £5,750,000 (Five Million Seven Hundred and Fifty Thousand Pounds).

Attractive Grade II* listed period office building totalling 2,256 sq ft (210 sq m) Net Internal Area and 2,938 sq ft (273 sq m) Gross Internal Area.

• Freehold tenure.
• Situated close to Charing Cross and Embankment stations, just to the south of Strand.
• Of interest to owner-occupiers, developers, and investors. Potential for alternative uses (subject to necessary consents) including residential.
• Scope to create an additional floor subject to usual necessary consents.
• We are inviting offers in excess of £2,000,000 (Two Million Pounds), subject to contract and exclusive of VAT.

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.

Freehold retail investment with vacant upper parts

• 2 adjoining freeholds, restaurants on ground and basement with four upper vacant office floors.
• 2 restaurants let until 2023 to City Centre Restaurants and Chez Gerard.
• Rent reviews in Febuary 2008, passing Zone A is £140 per sq ft which we believe to be reversionary.
• Vacant upper parts of circa 3,500 sq ft net and circa 5,500 sq ft gross with redevelopment potential.
• Upper parts have potential for conversion to residential, subject to planning.
• We are seeking offers in excess of £4,500,000 which reflects a net initial yield of 3.47%, based on the retail income, rising to 5.85% on letting the vacant office space.
• This represents an overall capital value of £613 per sq ft.

SOLD

The building has been the subject of refurbishment works over recent years and continues to be maintained to a high standard of decoration. 6689 sq ft (649.26 m sq)

The headlease is held for a term of 999 years from October 1913 expiring in October 2912 at a fixed ground rent of £75 per annum.

The head leasehold interest is held in an SPV company. Offers in excess of £6 million, subject to contract, the existing and anticipated tenancies and vacant possession of the residential accommodation, are being invited.

Freehold M25 office building providing 17,093 sq ft NIA over ground and first floors.

Let on FRI terms to Baker Tilly until 2013 currently producing £411,250 per annum.

We are seeking offers in the region of £6,480,000 subject to contract and exclusive of VAT.

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 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.