It is an apartment house with commercial space in Mayfair, Westminster.
Description
The building with a basement total area of 289 m² is spread over four floors.
The property comprises storage space on the lower ground floor and well configured retail sales areas on the ground and first floors.
The second and third floors comprise a self-contained 2-bedroom apartment totalling 80 m². There is potential to extend the residential accommodation on expiry of the occupational lease.
Retail area on the ground floor benefites from a generous glazed frontage.
Tenure: Freehold.
The property is fully leased to a single tenant.
Absolute income is 262,500 £.
The current yield of 2,5%.
Tenant is a French fashion company.
The lease agreement is signed until 2022.
The property is located in the heart of Mayfair on a busy pedestrian street in prime retail location.
There are many stores and boutiques of famous brands in the close neighbourhood.
There are several metro stations and bus stops in close proximity.
