Sold

London, W1 – A prime residential building located within the heart of Mayfair

33 Charles Street, Mayfair, London, W1J 5PG

Offers in excess of £6,000,000

Property Type:
Residential

Description

  • A rare opportunity to purchase a prime residential opportunity located in the heart of Mayfair
  • Leasehold – Approx. 31 years unexpired
  • Comprising five self-contained flats
    • 1 studio
    • 3 x two bedrooms
    • 1 x three bedroom
  • Net Saleable Area of Flats: 581.6 sqm (6,260 sqft)
  • Opportunity to extend the existing leasehold interest either by private agreement with the Freeholder or if qualifying by serving a Section 42 Notice
  • The entire building is occupied and the occupier claims to have let subject to a three year lease at an initial passing rent of £99,000 per annum (payable in arrears) – Lender to overreach this lease at completion
  • Potential to complete the current programme of works or to undertake further redevelopment / reconfiguration works, subject to obtaining all necessary consents
  • Central Mayfair location adjacent to the Royal Embassy of Saudi Arabia

To be offered by Auction on Thursday 28th March 2019 (unless sold prior) on the instruction of V Liddell MRICS & A Kisby MRICS of Allsop LLP as Joint Fixed Charge Receivers

Subject to contract