Colliers Godfrey Vaughan | Chartered Surveyors | London Property for Let and Sale

Recent Transactions

Archive | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999

The Manor, Manor Royal, Crawley

Prime freehold South-East office investment opportunity comprising 28,960 sq ft (2,690.4 sq m) arranged over ground and first floors.

Strategically situated within 4 miles of Gatwick Airport and Crawley town centre, occupying a prominent position within the prime Manor Royal Estate.
Let on FRI terms to Group 4 Securicor (5A 1 Dun & Bradstreet credit rating) for 15 years from June 2004 with a tenant's break option at year 10.
Currently producing a reversionary passing rent of £434,160 per annum, reflecting £15 per sq ft with a rent review in June 2009. Attractive running yield of 7.65% following the June 2009 Rent Review.
We are instructed to invite offers in excess of £5,865,000 (Five Million Eight Hundred and Sixty Five Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect a net initial yield of 7% and a reversionary yield of 7.65% in June 2009 after purchaser's costs of 5.7625%.

SOLD MAY 2008

48 Bedford Square, London WC1

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).

SOLD MAY 2008

Yacht Mooring - Porto Pollenca, Mallorca

The Island of Mallorca is one of the more popular yachting locations in the Mediterranean - the largest of the Spanish owned Balearics- and has excellent access by way of flights to Palma (Pollenca is 45 minutes from Palma) from major British/European airports. By sea the port is about 100 miles from Barcelona from which there is a regular ferry service.

The Marina

The Marina is owned and run by the Real Club Nautica Porto Pollenca, and within the private enclosure is the clubhouse with a first class cuisine, bar and swimming pool area. The pontoons are of concrete construction with water and electricity available to boat owners. Cars park near the berths.

The berth

In a row 25 berths it will take a yacht up to 12m x 4m. Plenty of water depth.

Term

Approximately thirty years from January 2006. This is a longer term than generally prevails in the island.

Price - £100,000

SOLD MAY 2008

7/8 Conduit Street, Mayfair W1

	The available accommodation comprises the entire fifth floor of this office building, and has just been newly decorated and carpeted. There are two small offices and a larger meeting room separated by part glazed demountable partitioning, whilst the suite further benefits from comfort cooling, perimeter trunking, plaster ceiling with inset lighting and a kitchen. There is a passenger lift, video entrance phone and refurbished male and female WCs within the common parts.	LET MARCH 2008
		Second floor 1,550 sq ft (144 sq m)

2 Duke Street St. James's London, SW1

	2 Duke Street, St James's comprimises a concrete framed building behind an attractive red brick and stone pillar period façade. It is arranged over lower ground, ground and five upper floors, the top floor of which is of new construction. The whole building has just been refurbished to the higest standards, with replacement of all the services. The floors all benefit from excellent natural light with a generous lightwell running along the side of the building. Each floor has new WC and kitchenette facilities. The building benefits from new plant throughout including a new automatic passenger lift to all floors and a remotely-accessible Building Management System allowing our clients to monitor the building 24 hours a day.	LET MARCH 2008
		Total Fourth and Fifth 1,440 sq ft
		First Floor 980 sq ft

4 Tenterden Street, Hanover Square, London W1

A striking modern office building with views over Hanover Square, currently undergoing substantial refurbishment to upgrade all facilities and to improve and enlarge the ground floor reception.	SOLD MARCH 2008
	Fifth Floor 2,945 sq ft	£97.50 psf pa
	Fourth Floor 2,945	£97.50 psf pa
	Third Floor 2,945 sq ft	£97.50 psf pa
	Second Floor 2,945 sq ft	£97.50 psf pa
	First Floor 1,680 sq ft	£97.50 psf pa
	Ground Floor 860 sq ft	£97.50 psf pa
	Ground Floor Reception 670 sq ft	£97.50 psf pa
	Basement 8 car spaces	£97.50 psf pa
	Total 14,990 sq ft	£97.50 psf pa

The Old Ticket Hall, 163 / 183 / 203 Eversholt Street, NW1

	The entire development comprises approximately 110,000 sq ft of offices of which there are three available suites of 5,000 sq ft each - a ground floor unit of number 183 Eversholt Street, and the 1 st and second floor units of number 203. The office suites are shortly due to undergo an extensive refurbishment program, to include new decoration and carpeting throughout, new air conditioning and new lighting. Each of the three buildings which comprise the scheme benefit from a commissionaire, a large passenger lift, male and female WCs and there is a basement car park with a number of spaces available (price on application).	LET MARCH 2008
		Second Floor - Building 203 5,068 sq ft (470.8 sq m)
		Second Floor - Building 183 11,415 sq ft
		First Floor - Building 203 4,996 sq ft (464.1 sq m)
		Ground - Building 203 4,360 sq ft (405.1 sq m)
		Lower Ground - Building 203 4,287 sq ft (398.3 sq m)
		Ground S - Building 183 4,872 sq ft (452.6 sq m)
		Ground Floor N - Building 163 2,767 sq ft
		Lower Ground S - Building 183 4,228 sq ft (392.8 sq m)
		Lower Ground N - Building 183 4,663 sq ft (433.2 sq m)
		Total Building 203 - 18,711 sq ft Building 183 - 25,178 sq ft Building 163 - 2,767 sq ft

73 New Bond Street London, W1

The building has recently been subject to a refurbishment programme. The entrance hall and passenger lift are also to be upgraded by the landlord shortly. The floors have perimeter trunking and benefit from light from both sides of the building.	LET MARCH 2008
	Fourth Floor 849 sq ft (78.9 sq m)	£52.50 psf
	Third Floor 919 sq ft (183 sq m)	£52.50 psf
	Second Floor 935 sq ft (86.9 sq m) *To be confirmed	£52.50 psf
	First Floor 935 sq ft (86.9 sq m)	£52.50 psf
	Total 3,638 sq ft (338.1 sq m)	£52.50 psf

55 New Oxford Street, London WC1

Prime Freehold modern multi-let office and retail property, totalling 46,497 sq ft (4,320 sq m).

Recently comprehensively refurbished to a Grade A specification.
Improving location adjacent to Central St Giles development, including completion of new Underground Station in 2009.
5,250 sq ft column free floorplates, let to quality tenants including Twentieth Century-Fox and Takeda Pharmaceuticals.
We are instructed to invite offers in excess of £36,000,000 (Thirty Six Million Pounds) for the freehold interest, subject to contract and exclusive of VAT. A purchase at this level would reflect a net initial yield of 6%, a nominal equivalent yield of 6.6% and a reversionary yield of 7% after standard purchaser's costs of 5.75%.

SOLD FEBRUARY 2008

5 Clifford Street, Mayfair, London W1

	5 Clifford Street is an attractive Grade II-listed property of brick elevation over lower ground, ground and four upper floors with many retained period features. Amenities: Attractive period facade New WC facilities New comfort cooling throughout Mix of perimeter and floor trunking Period entrance hall and staircase Refurbished throughout New tea points New 4-person lift serving all floors New lighting and wiring New shower in lower ground floor	LET FEBRUARY 2008
		Fourth Floor 831 sq ft
		Third Floor 887 sq ft
		Second Floor 878 sq ft
		First Floor 878 sq ft
		Ground Floor 982 sq ft
		Lower Ground 924 sq ft
		Total 5,379 sq ft

59-60 Grosvenor Street, Mayfair, London W1

Freehold Mayfair property for sale providing a total of 28,605 sq ft of offices and four residential flats.

Let in majority to Barclays Bank PLC on a 25 year lease from September 1995 with a tenant's option to determine in September 2010. The total passing rent including the residential flats is £1,021,702 net of 10% gearing.

We are seeking offers in excess of £22,700,000 subject to contract and exclusive of VAT. This reflects a net initial yield of 4.25% after standard purchaser's costs of 5.7625%.

SOLD FEBRUARY 2008

71 Gloucester Place, London W1

	A self-contained lower part of this office property combining the elegance of period features with modern efficient floor plates Amenities Redecorated Category Ve cabling Comfort Cooling (to LG, Ground and First floors) Carpet New lighting throughout WC facilities Kitchen	LET JANUARY 2008
		Total 2,493 sq ft (232.6 sq m)

13 Charles II Street, London

	Substantially refurbished New entrance hall Air conditioning Raised floors 2 Automatic passenger lifts Metal tile suspended ceiling Basement storage & showers	LET JANUARY 2008
		Third Floor 2,486 sq ft (231 sq m)

167 Fleet Street, London EC4

Prime Freehold office & retail investment opportunity

Modern Midtown mixed use building in a prominent position.

25,739 sq ft (2,391 sq m) of recently refurbished office and retail accommodation.

Well specified property offering circa 2,800 sq ft rectangular open plan floorplates with excellent natural light.

Freehold.

Multi-let to 8 office tenants and 2 retail tenants with an average unexpired term in excess of 6 years.

Reversionary passing rents on the offices of £32.90 per sq ft overall.

Prime office rents in the vicinity are currently £76 per sq ft at New Street Square to the north of the subject property.

We were instructed to invite offers in excess of £19,600,000 (Nineteen Million Six Hundred Thousand Pounds) subject to contract and exclusive of VAT, for the freehold interest reflecting a net initial yield of 4.75%, a nominal equivalent yield of 5.54% and a reversionary yield of 5.86% after purchaser's costs of 5.7625%.

SOLD JANUARY 2008

35 Berkeley Square, London W1

	35 Berkeley Square is situated in the north-western corner of one of London's premier squares, just south of its junction with Mount Street. Comfort cooling Refurbished in 2006 Commissionaire Furnished Basement Meeting room (by arrangement) Passenger lift Kitchen facilities Male and female WCs Period features Plaster ceilings	LET JANUARY 2008
		3rd Rear 460 sq ft (42.7 sq m)

The Old Ticket Hall, 163 / 183 / 203 Eversholt Street, NW1

	The entire development comprises approximately 110,000 sq ft of offices of which there are three available suites of 5,000 sq ft each - a ground floor unit of number 183 Eversholt Street, and the 1 st and second floor units of number 203. The office suites are shortly due to undergo an extensive refurbishment program, to include new decoration and carpeting throughout, new air conditioning and new lighting. Each of the three buildings which comprise the scheme benefit from a commissionaire, a large passenger lift, male and female WCs and there is a basement car park with a number of spaces available (price on application).	LET JANUARY 2008
		First First Floor - Building 203 4,996 sq ft (464.1 sq m)
		Lower Ground S - Building 183 4,228 sq ft (392.8 sq m)
		Lower Ground N - Building 183 4,663 sq ft (433.2 sq m)

73 New Bond Street London, W1

	The building has recently been subject to a refurbishment programme. The entrance hall and passenger lift are also to be upgraded by the landlord shortly. The floors have perimeter trunking and benefit from light from both sides of the building.	LET JANUARY 2008
		Fourth Floor 849 sq ft (78.9 sq m)
		Third Floor 919 sq ft (183 sq m)

7/8 Conduit Street, Mayfair W1

	The available accommodation comprises the entire fifth floor of this office building, and has just been newly decorated and carpeted. There are two small offices and a larger meeting room separated by part glazed demountable partitioning, whilst the suite further benefits from comfort cooling, perimeter trunking, plaster ceiling with inset lighting and a kitchen. There is a passenger lift, video entrance phone and refurbished male and female WCs within the common parts.	LET JANUARY 2008
		Fifth floor 1,303 sq ft (121.1 sq m)

15/16 Seymour Mews, London, W1

	Benefiting from an attractive brick faade, 15/16 Seymour Mews has been comprehensively refurbished to provide circa 2,000 sq ft of highly specified modern self-contained space. With its wooden floors and air conditioning, the space is contemporary and fresh and has been designed to suit open plan and cellular occupiers.	LET JANUARY 2008
		Total 2,034 sq ft (189.0 sq m)

10 Manchester Square, London, W1

	10 Manchester Square is an attractive listed Georgian property providing 3,817 sq ft of high quality refurbished space benefiting from period features and excellent views over the immaculate Manchester Square gardens. Elegantly combining period features with the modern specification required for modern occupiers, the property provides an ideal self-contained working environment in an exclusive W1 location.	LET JANUARY 2008
		Total 3,930 sq ft (365.1 sq m)

11 Manchester Square, London, W1

	11 Manchester Square is an attractive listed Georgian property providing 4,116 sq ft of high quality refurbished space benefiting from period features and excellent views over the immaculate Manchester Square gardens. Elegantly combining period features with the modern specification required for modern occupiers, the property provides an ideal self-contained working environment in an exclusive W1 location.	LET JANUARY 2008
		Total 4,290 sq ft (398.6 sq m)

Colliers Godfrey Vaughan - Chartered Surveyors

Recent Transactions

The Manor, Manor Royal, Crawley

48 Bedford Square, London WC1

Yacht Mooring - Porto Pollenca, Mallorca

7/8 Conduit Street, Mayfair W1

2 Duke Street St. James's London, SW1

4 Tenterden Street, Hanover Square, London W1

The Old Ticket Hall, 163 / 183 / 203 Eversholt Street, NW1

73 New Bond Street London, W1

55 New Oxford Street, London WC1

5 Clifford Street, Mayfair, London W1

59-60 Grosvenor Street, Mayfair, London W1

71 Gloucester Place, London W1

13 Charles II Street, London

167 Fleet Street, London EC4

35 Berkeley Square, London W1

The Old Ticket Hall, 163 / 183 / 203 Eversholt Street, NW1

73 New Bond Street London, W1

7/8 Conduit Street, Mayfair W1

15/16 Seymour Mews, London, W1

10 Manchester Square, London, W1

11 Manchester Square, London, W1