For Sale
Retail for sale in 1-3 Avery Row, London
Overview
- Shop, Commercial
Description
A little more about the property
– Prime Mayfair Freehold
– Located in London’s premier submarket, an area known for its affluence and wealth within walking distance of Bond Street and Berkeley Square
– 7,214 sq ft across basement, ground and three upper floors
– Comprehensively refurbished in 2022 to an excellent standard
– Single-let to The Avery Club Ltd, trading as ‘Sparrow Italia’, a luxury leisure concept incorporating a high-end Italian restaurant, smoking lounge and rooftop bar
– Minimum total rent of £575,000 per annum, with annual, uncapped RPI-linked reviews, up to 7% of gross turnover
– WAULT of 19.0 years to expiry
Property features
Net Initial Yield 2.88%
Investment
Address
- Address 1-3 Avery Row, London, W1K United Kingdom
- City London
Warning: Undefined array key "address" in /home/g8b0br1mkfsi/public_html/wp-content/themes/houzez/property-details/partials/address-data.php on line 11
Warning: Undefined array key "city" in /home/g8b0br1mkfsi/public_html/wp-content/themes/houzez/property-details/partials/address-data.php on line 14
Details
Updated on November 15, 2023 at 6:48 am- Price: $21,000,000
- Property Type: Shop, Commercial
- Property Status: For Sale
Features
Mortgage Calculator
Monthly
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees
