Commercial property for sale

A Rate Opportunity to Purchase a Prime Central LonPrice: £12,500,000


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Marketed by:



Davis Brown
1 Margaret Street
London
W1W 8RB


Call now on 0843 658 4197

Features

  • Producing £274,271
  • Prime Central London
  • Freehold
  • Impressive Grade II Listed Building

Description

LOCATION

The property is situated in the heart of Marylebone and is located on the eastern side of Wimpole Street, close to its junction with Wigmore Street. The property comes within the Harley Street Conservation Area. Wimpole Street is associated with private medical practices and medical associations and benefits from being only a short walk away from Oxford Circus and Bond Street.
DESCRIPTION

This is an impressive Grade II listed mid terraced building on lower ground, ground and four upper floors built we suspect in the mid 1700’s.  The external walls are of solid construction and are rendered with some stucco detailing at ground floor level.  The roof is of mansard construction and is covered in slates.  The ground floor is occupied as medical consulting rooms with the rest of the building comprising six self contained flats.
 FLOOR AREAS 




Residential Accommodation


 




Floor


Accommodation


Size










Lower Ground


Studio


188 sq ft










Lower Ground


Two Bedroom


893 sq ft










Lower Ground


Two Bedroom


1,141 sq ft










First Floor


Two Bedroom


1,152 sq ft










Second Floor


Two Bedroom


1,152 sq ft










Third & Fourth Floors


Four Bedroom


2,250 sq ft










 


 


 


 


 


 




Commercial Accommodation (D1 Use)




Laurence Staneley Gerlis & Malcolm John Vanderburg

(T/A Sameday Doctors)


Ground Floor


1,453 sq ft












 


 


 


 


 


 




Total GIA (approximate)

Vaults


 


10,075 sq ft (GIA)
344 sq ft









 




TENANCIES

At present, the six flats are let on Assured Shorthold Tenancies for terms most of which expire in 2016.

The lease on the medical suite on the  ground floor expires in March 2016 but is being extended for a period of 12 months



TENURE

Freehold subject to tenancies
VIEWING

Strictly through appointments with the joint sole agents, Davis Brown and Winkworth on selected viewing days.
INFORMAL TENDER TERMS
Method of Sale

Davis Brown and Winkworth invite best unconditional offers for the freehold interest.
Price

Offers are invited in excess of £12,500,000
The property is NOT elected for VAT.


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