Retail and Office Full Building for Sale in Brompton Road, London

Knightsbridge, London, United Kingdom
Knightsbridge, London, United Kingdom
Whole Building
Unfurnished
0 Bedroom
0 Bathroom
547.00㎡
RB3288

Property Description

Mirage International Property Consultants is pleased to present this freehold building in one of London's most sought-after sub-markets. This mixed-use building seamlessly combines office and retail spaces, offering a prime location in the heart of Knightsbridge, just 150 meters from the iconic Harrods department store.

Property Description:

The building occupies a prominent position on Brompton Road, in the heart of Knightsbridge, moments from Harrods. The property comprises of circa 5,887 sq ft over lower ground, ground and four upper floors. The property is let to two tenants, see the tenancy schedule below. The retail unit is occupied by Bellbourne House Limited, a bridal wear retailer, and the upper four floors are all used as offices. The building benefits from an abundance of natural light both at the front and rear of the property. All of the office suites have demised kitchens and WCs. The office floors can be accessed by a communal staircase, or via the lift from the 1st floor. Subject to planning, there is scope for a roof terrace.

Key Features:

• Rare freehold building
• Total size: 5,887 sq. ft net internal area
• Prime location in Knightsbridge
• Retail unit on ground and lower ground
• Four upper floors dedicated to offices
• Currently part let to two tenants
• Ground and lower ground floors let until 12/2023 at £135,000 p.a.
• 3rd floor let until 10/2026 (tenant break 10/2024) at £42,000 p.a.
• Total current rent: £177,000 p.a. with three office floors currently vacant
• Estimated rental value (ERV) in excess of £343,000 p.a.
• Appealing to both investors and owner-occupiers

This property presents a compelling investment opportunity with offers invited in excess of £6 million. Such an investment would yield a circa 5.25% reversionary income once fully let.

Don't miss this opportunity to secure your stake in this prestigious and high-potential property in the heart of London's renowned Knightsbridge.

For more details contact : +974 4444 4431

Knightsbridge, Brompton Road, London, United Kingdom

Reference Number: RB3288

Mirage International Property Consultants is a fully licensed Real Estate Brockerage in Qatar – License No. 328

Whole Building
Unfurnished
0 Bedroom
0 Bathroom
547.00㎡
RB3288

+974 4444 4431

Mention the reference number: RB3288

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