Investment project, London, UK

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Investment project, London, UK

18,500,000 £
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Total area: 1,266 m² Built in 1970
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Features
  • 8-floor building

Office building for reconstruction with a building permit.

Description

The building was built in the 1970s.

The property includes 8 floors and a basement with office spaces.

At the moment the building is completely vacant.

According to the project, it is planned to re-equip the premises on the upper six floors in class A offices, and also equip a restaurant and a bar on the lower floors.

The total area of the property after reconstruction will be 1,589 m².

There is the possibility of using the premises as galleries or retail units.

Ownership type: Freehold.

Financial performance

The cost of the property is £ 18,500,000.

Location and nearby objects

Mayfair is recognized throughout the world as the most popular shopping district in London. Also, there are many office buildings of traditional architecture and modern objects of class A here, as well as power plants such as Lazard, Blackstone, KPMG, Kleinwort Benson and SAB Miller. The luxury quarter in London, located on Bond Street, is situated in the heart of Mayfair.

In addition, the area is characterized by a rich and impressive cultural and social life. Here you will find world-famous restaurants, hotels, bars and art galleries.

In the immediate vicinity of the building, there are bus routes or underground metro. In December 2018, it is planned to open a new station in 150 meters from the property, which will significantly reduce the travel time to significant facilities. For example, Heathrow Airport can be reached in just 30 minutes.

Statistics in London

Price per m², £
13,373
Healthcare efficiency level
68
Index 68 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
48
Index 48 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, £
Apartment in the city centre, m² 13,373.18
Apartment in a bedroom community, m² 7,257.21
Transport Price, £
Public transport, 1 ride 2.53
Monthly travel card 151.78
Taxi, 1 km 3.04
Petrol, 1 l 1.31
Food Price, £
Water, 1.5 l 0.93
Milk, 1 l 0.95
White bread, 500 g 1.09
Eggs, a dozen 2.11
Chicken fillet, 1 kg 6.36
Education Price, £
Kindergarten, per month 1,306.7
International school, per year 17,137.54
Health care index
Staff competence 66.85
Medical equipment 82.33
Research accuracy and completeness 66.51
Attitude towards patients 69.57
Security index
Crime rate 61.69
The risk of being robbed 53.93
The risk of car theft 49.81
The risk of break-in and property damage 57.98

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Olga Starintseva
Olga Starintseva
Real Estate Expert Tranio in London
+44 17 4822 0039
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