£17,500,000
Studio flat for sale
London, SW1X
studio Flat Property description
A rare opportunity to acquire an intact, income-producing retail parade of ten units with outstanding 65m prime frontage on Knightsbridge, adjacent to the Mandarin Oriental and diagonally opposite Harvey Nichols, with Hyde Park immediately to the north. The private residential upper parts are not included.
The property is arranged over ground and lower ground floors and totals approximately 20,287 sq ft (NIA). Tenants include a mix of premium retail, wellness/clinics, cafés and pharmacy brands (e.g., Prince Pharmacy, The Knot Café, Fine Cashmere, Cadaro, Yaprak), underpinning day-long footfall and resilience. The parade is fully let, producing a passing rent of £914,250 p.a., with a WAULT of c. 7.87 years to break and 8.82 years to expiry.
Tenure: Virtual Freehold (999 years from 29/09/1998), c. 972 years unexpired, peppercorn ground rent. VAT: Not elected. Planning: Not listed; within the Knightsbridge Conservation Area. EPCs: Available on request.
The property is arranged over ground and lower ground floors and totals approximately 20,287 sq ft (NIA). Tenants include a mix of premium retail, wellness/clinics, cafés and pharmacy brands (e.g., Prince Pharmacy, The Knot Café, Fine Cashmere, Cadaro, Yaprak), underpinning day-long footfall and resilience. The parade is fully let, producing a passing rent of £914,250 p.a., with a WAULT of c. 7.87 years to break and 8.82 years to expiry.
Tenure: Virtual Freehold (999 years from 29/09/1998), c. 972 years unexpired, peppercorn ground rent. VAT: Not elected. Planning: Not listed; within the Knightsbridge Conservation Area. EPCs: Available on request.
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First listed
TodayLondon, SW1X
Marketed by
Ernest-Brooks International - Canary Wharf The South Quay Building, 77 Marsh Wall Canary Wharf E14 9SHCall agent on 020 3544 5717
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