Office for sale in 43 Upper Grosvenor Street, London W1K

Description

The property is an attractive building arranged over 5 storeys providing flexible office accommodation. The large lower ground floor includes a 90-seat lecture theatre. The property benefits from a large south facing rear garden with ample room for entertaining. The garden measures approximately 1,200 sq ft.

Location

43 Upper Grosvenor Street occupies a strong and strategic location within central London benefitting from excellent road and rail communications. Bond Street, Green Park, Marble Arch and Oxford Circus underground stations are all within easy walking distance from the property, providing direct access across London as well as to its national and international rail network and airports. The new Bond Street entrance to the Elizabeth line on Davies Street links London’s Mayfair to Heathrow in 30 minutes.

Terms

The property is held long leasehold from the Grosvenor Estate for 125 years from March 1998 expiring on the 24th March 2123 (approx. 99 years unexpired). The lease is geared to 10% of rents received (open market if owner occupied). The current ground rent is £34,320 per annum, with the next rent review due in March 2025.