Industrial for sale in Mortimer Street, London W1W

£3,250,000
Interested in this property? Call +44 20 8128 0467 * or Request Details

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Property description

Long Leasehold Mixed Use Investment Opportunity of interest to investors and owner / occupiers

Offers

We are instructed to seek offers in excess of £3,250,000 which represents a net initial yield of 3.41% and a capital value of £1,148 psf

Building

The property comprises a self-contained ground and lower ground retail / showroom unit and three floors of offices accessed separately. The ground and lower ground unit has a good floor to ceiling height (3.0m), air conditioning, wood flooring, WC and suspended ceiling. The offices are accessed by way of an internal staircase (accessed from Mortimer St) and benefits from good natural light, WC, kitchenette and wooden floors throughout.

Location

The property is situated in Fitzrovia within the sub-district of ‘Noho’ which is bordered by Euston Road to the north, Tottenham Court Road to the east, Oxford Street to the south and Portland Place to the west. The area is a vibrant and popular hub for an eclectic collection of restaurants, bars, nightclubs and hotels.

85 Mortimer Street benefits from excellent transport links with three London Underground stations within walking distance – Oxford Circus, Great Portland Street and Goodge Street. In addition, there will be two new Crossrail stations within an 8 minute walk of the subject property.

Property info

Nearby transport

  • Oxford Circus (0.2 miles)
  • Goodge Street (0.3 miles)
  • Tottenham Court Road (0.4 miles)
  • London City Airport (8.5 miles)
  • London Heathrow Airport (14.1 miles)
  • London Gatwick Airport (25.6 miles)
  • Savoy Pier (1.1 miles)
  • Embankment Pier (1.1 miles)
  • Festival Pier (1.3 miles)

Nearby schools

View all schools in Westminster
  • All Souls CofE Primary School (0.2 miles)
  • St Vincent's Catholic Primary School (0.5 miles)
  • Soho Parish CofE Primary School (0.5 miles)
  • CATS College London (0.8 miles)
  • Westminster School (1.4 miles)
  • DLD College London (1.6 miles)
  • Eifa International School (0.2 miles)
  • Queen's College London (0.3 miles)
  • Portland Place School (0.3 miles)
Note: Distance is shown as a straight line measurement

Local info for Westminster

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For more information about this property, please contact
Robert Irving Burns, W1W on +44 20 8128 0467 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Robert Irving Burns, and do not constitute property particulars. Please contact Robert Irving Burns for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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