Weymouth Street, Marylebone, London W1W

Guide price

£2,500,000

Size

2,178

Tenure

Leasehold

EPC

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Parking

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Primary use
Residential development

Key features

  • 0.2 miles from Great Portland Street Station
  • 2,178 sq ft (202.3 sq m)
  • Permitted development rights for conversion to a 3 bed apartment
  • GDV of £4,500,000
  • Capital Value of £1,148 per sq ft

Description

A rare opportunity to acquire a prime, consented residential  conversion in the heart of Marylebone.  Within walking distance of Regent's Park, Oxford Street and the amenities of Marylebone Village and Harley Street.  Situated on part of the ground floor of Stone House, a landmark period building on Weymouth Street, London W1.  Formerly occupied as a medical clinic, the unit is offered in shell and core condition extending to approximately 202.3 sq m (2,178 sq ft).  Permitted development rights have been granted for conversion to a substantial lateral three-bedroom apartment, with all principal rooms benefiting from generous proportions and excellent natural light. Local agents advise a Gross Development Value of £4,500,000, reflecting circa £2,066 per sq ft. CIL liability of approximately £140,226. To be sold with vacant possession on a new 999-year lease at a peppercorn rent with the necessary consents in place. 
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Leasehold: 999 years left
Tenure
Leasehold
Length of lease
999 years left
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Weymouth Street, Marylebone, London W1W

NEAREST STATIONS

London Underground

Great Portland Street Station

0.19 miles

London Underground

Regent's Park Station

0.2 miles

London Underground

Warren Street Station

0.35 miles

About ESTATE OFFICE INVESTMENTS LIMITED, London

ESTATE OFFICE INVESTMENTS LIMITED, London

A London based boutique property consultancy with a global track record. We are investment and development land specialists, primarily selling land and buildings with and without planning permission, with a focus on residential blocks and commercial investment opportunities in retail, leisure and office space. We also act on behalf of clients on residential and commercial acquisitions.

Established in 1983 with exceptional combined experience, our dynamic team of fourteen work tirelessly to deliver the best possible outcomes for our clients. Entrepreneurial in style with the success which comes with several decades of service, our clients see Estate Office as their long-standing agency of choice

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Disclaimer - Property reference 228224|2184. 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 ESTATE OFFICE INVESTMENTS LIMITED, 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 or the Home Report if in relation to a residential property in Scotland.