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Retail property (high street)

Retail property (high street)
3,830 sq ft / 356 sq m
Added > 14 days

Features and description

  • Tenure: Freehold
  • Mixed Use Freehold Building FOR SALE
  • Close proximity to Oxford Circus, Goodge Street & Tottenham Court Road Underground stations
  • Unbroken freehold arranged over ground, lower ground and five upper floors measuring 3,830 sq ft
  • Ground and Lower Ground Floor let to Foley's Restaurant on a 15 year lease expiring March 2031 at £130,000 pa
  • First floor flat is undergoing refurbishment and available with vacant possession
  • Second Floor Flat and Triplex Flat (over third, fourth and fifth floor) are let on ASTs producing a combined rent of £70,950 pa
  • Total rent of £200,950 pa
  • Offers in excess of £4,800,000, reflecting an overall capital value of approximately £1,250 per sq ft
Description
This rare unbroken freehold is arranged over ground, lower ground and five upper floors. The property is not listed and is located in the East Marylebone Conservation Area. The lower ground and ground floors are occupied as a restaurant, with Three self-contained apartments above, accessed via a communal entrance. The third, fourth & fifth floor comprise a unique triplex apartment with 3 outside terrace areas and a feature spiral staircase.

Location
The subject property is located in the heart of Fitzrovia, on the North side of Foley Street close to the junction of Great Titchfield.

The property is situated in close proximity to Oxford Circus, Goodge Street, Great Portland Street, Tottenham Court Road and Regents Park Underground Stations.

Situated in London’s prime West End, Fitzrovia is an established upmarket district characterised by its unique diversity, making it one of the most attractive and vibrant districts of London.

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About this agent

Robert Irving Burns - Commercial
Robert Irving Burns - Commercial
Robert Irving Burns, Ground Floor, 19 Margaret Street, London, W1W 8RR
020 8033 7560
Full profileProperty listings
Commercial Property Agents in London Whether you want to lease your commercial property, or find the right premises to rent, we can help. RIB’s industry insight and expertise guarantee a smooth, seamless process; from marketing and letting, to acquiring the ideal property. Our commercial letting services include both property disposal and property acquisition. We also have a wide selection of London offices, which are available to rent. We work with investors, developers, tenants and property owners alike, assisting with everything from finding great premises, to marketing and letting the property to the ideal business. Commercial property disposal in London can be complex, and finding a suitable tenant is always a top priority. We help with every aspect of this process, including marketing, negotiations, and liaising with solicitors and professional advisors. Our commercial property acquisition service helps tenants find the perfect place to run their business. From negotiating contracts to carrying out an audit of available properties, our team are here to offer support and guidance. And, if you’re searching for offices to rent in London, in areas such as Fitzrovia, Mayfair, Marylebone and Soho, we’ve got some excellent premises for you to choose from. Read on to find out how we can help you.
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