Sold

94-96 Wigmore Street, London W1

94-96 Wigmore Street, London, W1

Offers in excess of £15,000,000

Property Types:
Commercial, Mixed, Residential
Tenure:
Freehold
Site Area:
11,796 sq.ft [1,096 sq.m]

Tenancy

The property is to be sold with full vacant possession as at September 2019, following the expiry of the residential tenancy.

Description

  • Prominent Freehold Building
  • Exceptional opportunity to acquire a dual aspect property (Wigmore Street and Duke’s Mews) that has not been traded for 30 years
  • Full vacant possession by September 2019
  • Situated in the heart of Marylebone Village on an established retail pitch opposite the James Street entrance to St. Christopher’s Place
  • Excellent West End location close to Oxford Street (300 metres) and Bond Street London Underground Station (325 metres), which will benefit from Crossrail
  • Substantial ongoing investment and regeneration of the immediate surrounding area including redevelopments and public realm improvements
  • Net office, retail and residential accommodation totalling 11,796 sq ft (1,095.9 sq m) arranged over lower ground, ground and six upper floors.
  • Large retail unit with prominent ground floor frontage, suitable for a variety of purposes including restaurant or showroom (subject to gaining all necessary consents)
  • Planning Consent for refurbishment including the redevelopment of Duke’s Mews to create a stunning Grade A led scheme with retail and residential
  • Rare Freehold owner occupier opportunity
  • Offers are invited in excess of £15,000,000 (Fifteen Million Pounds), subject to contract and exclusive of VAT. Pricing at this level reflects a capital value of £1,272 per sq ft on the existing area.