Office for sale in 22-23 Old Burlington Street, Mayfair, London

  • $16,000,000
For Sale

Office for sale in 22-23 Old Burlington Street, Mayfair, London

  • $16,000,000

Overview

  • Shop, Commercial
  • Property Type

Description

A little more about the property

• Rare freehold tenure
• Prestigious Mayfair address
• Benefitting from exceptional amenity along nearby New Bond Street and Regent Street
• Attractive Grade II listed Georgian building comprising 6,550 sq ft NIA arranged over lower ground, ground and five upper floors
• Multi-let modern office accommodation with an ancillary lower ground floor residential apartment
• Total contracted income of £408,263 per annum, reflecting a WAULT to breaks of 0.9 years and a WAULT to expiries of 2.1 years
• Extremely low average passing rent of £66.53 per sq ft on the office accommodation offering the opportunity to capture significant rental reversion against prime Mayfair rents in excess of £150.00 per sq ft
• Suitable for both owner occupiers and investors

Property features

Net Initial Yield 2.39%

Investment

Comfort cooling

Entry phone system

Under-floor trunking

Address


    Warning: Undefined array key "address" in /home/g8b0br1mkfsi/public_html/wp-content/themes/houzez/property-details/partials/address-data.php on line 11
  • Address 22-23 Old Burlington Street, Mayfair, London, W1S

  • Warning: Undefined array key "city" in /home/g8b0br1mkfsi/public_html/wp-content/themes/houzez/property-details/partials/address-data.php on line 14
  • City London

Details

Updated on November 15, 2023 at 6:52 am
  • Price: $16,000,000
  • Property Type: Shop, Commercial
  • Property Status: For Sale

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Contact Information

View Listings

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
Knight Frank
  • Knight Frank