40-41 Pall Mall, London, SW1Y
- SIZE AVAILABLE
9,087 sq ft
844 sq m
- SECTOR
Mixed use property for sale
Key features
- Located in close proximity from Green Park and Piccadilly Circus Underground Stations, with Victoria and Charing Cross terminal stations nearby;
- Attractive mixed-use period building comprising 9,087 sq ft of retail, office and residential use
- Vacant possession achievable within 15 months;
- Value add opportunity with historic planning consent for four luxury residential apartments, residential values are in excess of £3,000 per sq ft;
- Multi-let building with a gross income of £337,496 per annum and a net income of £291,763 per annum
- The Vendor is seeking offers in excess of £14,000,000 (Fourteen Million Pounds) exclusive of VAT and subject to contract.
- A purchase at this level reflects a capital value of £1,541 per sq ft
- A forced sale upon the instruction of the Liquidator.
Description
Sector - Mixed-Used (Retail, Office and Residential)
Tenure - Freehold
Tenancy - Multi-let across 7 floors with vacant possession achievable in 15 months
Development - Value add opportunity
Total Income - £337,496 per annum gross income and £291,763 per annum net income
Planning - The property is not listed but is located within St James's Conservation Area.
EPCs - Available upon request.
Seeking offers in excess of £14,000,000.
A purchase at this level reflects a capital value of £1,541 per sq ft.
Brochures
40-41 Pall Mall, London, SW1Y
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Piccadilly Circus Station0.3 miles
- Green Park Station0.3 miles
- St. James's Park Station0.5 miles
Notes
Disclaimer - Property reference LondonPallMall4041April24. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Clifton Agency, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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