SKU : Price on Request
0 Sold
Short Description
A rare opportunity to acquire substantial freehold assets in the heart of London's prime
Mayfair district
Freehold site held under a single title, totalling 0.19 acres
Two interconnecting properties on two of Mayfair's most prestigious streets -
Berkeley Street & Dover Street - in the sought-after luxury restaurant and retail pitch
Prominent and valuable frontages to both Berkeley Street and Dover Street
Ground and basement floors trading as high-end Chinese restaurant concept 'Park Chinois',
created by renowned restaurateur Alan Yau OBE
Park Chinois comprises a total of 16,462 sq ft (1,529.3 sq m)
Current income of £2,063,000 per annum, equating to just £125 per sq. ft. overall
ERV for the entire property is circa £2,205,500 per annum
The upper floors are arranged as 22 apartments, sold off on 999 year long leases and held
in a separate SPV, also included in the sale.
The Vendor is seeking offers in excess of £69,000,000 (Sixty-Nine Million Pounds) for the
freehold interest in the properties.