For Sale

FOR SALE

197-93 Great Portland Street
London
W1W 5PR

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Description

Long Leasehold Mixed-Use Development Site, in Prime Central London location, to be sold with full vacant possession.


Accommodation

B1 office space over the Lower Ground, Ground and 1st floors, a 12-car basement car park and 10 residential apartments above, over the 2nd to 6th floors.

GIA - 20,151 Sq Ft


Tenure

Leasehold with approximately 17 years unexpired at a rent of £600 per annum.

A court order is available granting the purchaser permission to extend the lease for an additional 90 years on a peppercorn rent, at market price, immediately after purchase via a section 42 notice.


Price

Upon Application


General

Previous Planning granted in 2002 to add additional top floor as duplex, now expired.

Opportunity to extend to the rear and to add a floor to increase the floor area, subject to planning permission.

To be sold on behalf of the LPA Receivers.

Close to the Portland Hospital.


Viewing

Strictly by appointment only through the retained agents:

Julian Leech
07870 644 694
jstern@mellersh.co.uk

Ben Kirtley
0207 420 3088
ben.kirtley@cbre.com

James Bailey
020 7235 8861
james.bailey@jbbproperty.com


Viewing

Strictly by appointment only through the retained agents:

Julian Leech
07870 644 694
jstern@mellersh.co.uk

Ben Kirtley
0207 420 3088
ben.kirtley@cbre.com

James Bailey
020 7235 8861
james.bailey@jbbproperty.com


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