Retail premises for sale

31 Harcourt Street, Marylebone, London W1H

For sale by auction 29th October 2026 at 12:00 £430,000 plus

freehold commercial investment let at £35,000 P.A. Plus three flats (sold off on long leases)

Location & Description
A Grade II Listed property comprising a ground floor shop and basement (trading as a foot clinic) and 3 flats above (each sold off on long leases).
Located within this popular area of Central London, just south of Marylebone Road, off Seymour Place, about mile north of Hyde Park, mile from Baker Street and within mile of Edgware Road underground station.

Accommodation
Ground Floor: NIA 389 sq ft (36.1 sq m)
Basement: NIA 499 sq ft (46.4 sq m)

Tenure
Freehold

Tenancy Details
Ground Floor & Basement: Let on a repairing and insuring lease to R G Foot Protection and Limb Preservation Ltd for 15 years from 21.12.2023 at £35,000 p.a. Rent Reviews 5 yearly. Mutual break 5 yearly subject to 6 months' notice.
Each time the tenant does not operate the break clause, the tenant will effectively receive a 50% discount on the rent for 9 months.
Provisions of Sections 24-28 of the L&T Act 1954 (security of tenure) are excluded.
3 Flats: Each sold on a 999 year lease at a peppercorn.

Note
1. Subject to possession and all necessary consents, there may be potential to convert the ground floor and basement to residential.
2. Section 5b Notices served - Tenants have reserved their rights of first refusal.
3. Tenant Profile:
4. Rent deposit held of £13,125.
Auction Surveyor: Robert Woolfe
Contact:

Producing £35,000 P.A.

EPC Rating
E