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Request details or call 0845 309 0813

Key features:

  • Licence to create one 6131 sq. ft. commercial unit
  • Prime Mayfair investment/commercial rental opportunity
  • Residential currently fully let with rent of £543400

Full description:

10 Lees Place is a substantial, low built property comprising eleven apartments over first to third floors and six commercial (A2/A1/B1) units over ground and lower ground with a total square footage of 12,507 sq ft (GIA ). The entire building is owned on a headlease of 75 years from December 1975 (42 years remaining) and the apartments are owned in six SPV’s allowing for possible lease extensions in the future.

The commercial units are currently divided into six although a licence has been granted from the freeholders (Grosvenor Estate) allowing them to be combined to create one office of 6,131 sq ft. The residential (C3) part of the block has its own, private ground floor entrance and a lift servicing all floors, it benefits of established use for short term lettings (less than 90 days) and are currently fully let with an income of approximately £543,400pa with a mixture of long and short term tenants both of which are allowed.

To view this property or request more details, contact Copperstones Ltd, London
If you have other questions about this property, please telephone: 0845 309 0813 (BT 4p/min)

Disclaimer

Property reference 113720. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Copperstones Ltd, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 and The Home Information Pack Regulations 2007.

Marketed by...

Copperstones Ltd, London

2 Crawford Place, London, W1H 5NA

Call 0845 309 0813 (BT 4p/min)

Map and local area information

View this property on a map. Get information such as house prices and nearby schools at aboutmyplace.

Nearest stations:
London Underground logo (0.2 miles) 
Marble Arch
London Underground logo (0.3 miles) 
Bond Street
London Underground logo (0.6 miles) 
Oxford Circus
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