i7 albemarle street - Levy LLP
I7 A L B E M A R L E S T R E E T LONDON WI
FLAGSHIP RETAIL OPPORTUNITY
I7 A L B E M A R L E S T R E E T LONDON WI
SITUATION 17 Albemarle Street is prominently situated adjacent to The Royal Institution at the prime northern end of Albemarle Street. Located on the eastern side of the street, the property is in close proximity to the junction with Grafton Street. Albemarle Street runs north from Piccadilly into Mayfair and is bordered by Old Bond Street to the east and Dover Street to the west, with Berkeley Square and Green Park in the immediate vicinity.
Entrance reception
I7 A L B E M A R L E S T R E E T LONDON WI
ED
PORTMAN SQUARE
G
SOHO SQUARE
W AR E
ET
ET
RE ST
ET
DO
X
ER
RE ST
AD
T
M
UI
ND CO
RE
ET
SH
O
N
RE
ET
GLASSHOU I7 A L B E M A R L E S T R E E T LONDON WI
VIL
AR
4
YM
KE
ET
HA
T
RM
RE
ET
JE
ST
RE
10
YN
ST
9
Y
NT
ET
ST
11
3
ILL
GE
RE
6 JA
4 ST JAMES’S SQUARE
M ES ’S
ST
GREEN PARK
RE ET
PA
RK
LAN
HOTELS
RE
ST
ET
ET
5
8
AD
PICCADILLY CIRCUS
3
1
LE
RE
TRE ON S
15
ET
ET
T
ST
7
C PIC
RE
RE
EE
EY
2
ST
ST
TR
3
ND
LE
BO
AR
D
M
RS
EL
4
13
OL
BE
VE
RK
2
14 12
6
KI
NG
ST
RE
ET
L PA
LM
AL
L
7
green parkRESTAURANTS 2
E
LY
L 1 ABrowns DI
1 Bentley’s Oyster Bar
2 Acne
2 Dukes
2 Nobu
3 Varana
3 Le Meridien
3 Quaglino’s
4 Victoria Beckham
4 The Cavendish
4 Rowley’s
5 Vanessa Bruno
5 The Mayfair
5 The Wolseley
6 David Zwirner Gallery
6 The Ritz
6 Wiltons
7 Alexander Wang
7 The Stafford
7 Isabel
9 Fortnum & Mason 10 Hatchards 11 Turnbull & Asser 12 Paul Smith 13 Burlington Arcade 14 Moncler 15 Thom Browne
TE
SE ST
ENT STREET
CK
AL
1
DO
BE
1
REG
SA
7
6
5
5
8 De Beers
AF
OW
UT
ST
BERKELEY SQUARE
RETAIL hyde park 1 Wolf & Badger
EW
ST
ER
BR
EET
CURZ
PT
VIL
EET
STR
RE
ET
BR
SA
STR
UNT
RE
GOLDEN SQUARE
IES
MO
ST
R
T
M
NT
NO
ST
ET
GROSVENOR SQUARE
SVE
EE STR
CO
GE
RE
GRO
GR
D OL
RE
ST
EET
ITH
T
ND
STR
OR
EE
BO
OK
RLB
TR
W
BRO
DAV
17 Albemarle Street is located on one of London’s The Bond Street Quarter incorporating Bond, most sought after retail destinations in the heart Dover, Albemarle and Grafton Streets is emerging AD R ROthe of Mayfair. Albemarle Street lies parallel to BondBAYSWATEas pre-eminent retail destination for retail, Street and Dover Street and is bordered to the fashion and art as evidenced by the recent lettings south by Piccadilly. to Alexander Wang, Amanda Wakeley, Aquazzura, Faliero Sarti, Moncler and Thom Browne. Mayfair lies at the centre of London’s West End and continues to be seen as its most exclusive retail The area also has the following world renowned and restaurant destination. The area has a mix of art galleries: David Zwirner, Marlborough Fine Art, top quality office buildings, high end residential Mazzoleni Gallery, Galerie Thaddaeus Ropac and accommodation, fine dining, top quality hotels and Jerome Zodo. high class luxury retail centred around the world renowned Bond Street.
NE
MARBLE ARCH
GR
HANOVER SQUARE
MA
T
RS
BOND STREET (HANOVER SQ)
BOND STREET
T EA
EE
FR
T
TR
OU
LOCATION
REE RD ST
HS
RD
AD OXFO
G OU
WA
RO
OXFORD CIRCUS
PI
CC
TH
E
M
AL
L
st j
I7 A L B E M A R L E S T R E E T LONDON WI
ACCOMMODATION The premises have been refurbished and are arranged over ground and lower ground and have the following net internal floor areas: GROUND
85.19 sq m
917 sq ft
LOWER GROUND
92.90 sq m
1,000 sq ft
FIRST FLOOR
GROUND FLOOR
LOWER GROUND FLOOR
90 sq m (968 sq ft)
85.19 sq m (917 sq ft)
92.90 sq m (1,000 sq ft)
TOTAL 178.09 sq m 1,917 sq ft
LIFT
In addition to the ground and lower ground the first floor can also be made available. The net internal floor areas of the first floor are as follows: FIRST FLOOR
90 sq m
968 sq ft
TOTAL
90 sq m
968 sq ft
LIFT
LOBBY/ COMMON AREAS
ALBEMARLE STREET ALBEMARLE STREET
NORTH
Plans not to scale. Indicative only.
ALBEMARLE STREET
I7 A L B E M A R L E S T R E E T LONDON WI
LEASE TERMS
EPC
New lease available for a term to be agreed. The lease will be subject to five yearly upward only rent reviews.
Available on request.
The lease will be contracted outside the security of tenure provisions of the 1954 Landlord & Tenant Act (Part II) as amended.
RENT Ground Floor & Lower Ground Rent on Application
COSTS Each party is to be responsible for their own professional costs in the transaction.
PL ANNING The Ground, Lower Ground and First Floors have A1 Retail planning consent.
First Floor - £125,000 per annum exclusive.
BUSINESS R ATES The rateable value for the premises from April 2017 will be as follows: Ground & Lower Ground - £92,000 First Floor - £54,000 Interested parties are advised to contact Westminster City Council or the Valuation Office for further enquiries.
First floor
I7 A L B E M A R L E S T R E E T LONDON WI
Viewing and further information strictly by appointment through sole agents
MATT PAULSON-ELLIS [email protected] 020 7747 0151
DAN RIDGERS [email protected] 020 7747 0153
ROGER SHARPLEY [email protected] 020 7747 0150
MISREPRESENTATION ACT 1967 – LEVY REAL ESTATE LLP for themselves and for the Vendors or Lessors of this property whose agents they are given notice that: all descriptions, dimensions, reference to condition and necessary permissions for use and occupation and other details are unless otherwise stated indicative only. Any intending purchasers or tenants should not rely on them as statements or representations of fact or as warranties but must satisfy themselves by inspection or otherwise as to the correctness of each of them. Any services mentioned have not been tested and therefore prospective occupiers should satisfy themselves as to their operation. These particulars are produced in good faith and set out a general guide only and do not constitute part of any offer or contract. No person in the employment of Levy Real Estate LLP has any authority to make or give representation or warranty in relation to this property. All prices and rents are quotes exclusive of VAT unless otherwise stated.
FLAGSHIP RETAIL OPPORTUNITY
I7 A L B E M A R L E S T R E E T LONDON WI
SITUATION 17 Albemarle Street is prominently situated adjacent to The Royal Institution at the prime northern end of Albemarle Street. Located on the eastern side of the street, the property is in close proximity to the junction with Grafton Street. Albemarle Street runs north from Piccadilly into Mayfair and is bordered by Old Bond Street to the east and Dover Street to the west, with Berkeley Square and Green Park in the immediate vicinity.
Entrance reception
I7 A L B E M A R L E S T R E E T LONDON WI
ED
PORTMAN SQUARE
G
SOHO SQUARE
W AR E
ET
ET
RE ST
ET
DO
X
ER
RE ST
AD
T
M
UI
ND CO
RE
ET
SH
O
N
RE
ET
GLASSHOU I7 A L B E M A R L E S T R E E T LONDON WI
VIL
AR
4
YM
KE
ET
HA
T
RM
RE
ET
JE
ST
RE
10
YN
ST
9
Y
NT
ET
ST
11
3
ILL
GE
RE
6 JA
4 ST JAMES’S SQUARE
M ES ’S
ST
GREEN PARK
RE ET
PA
RK
LAN
HOTELS
RE
ST
ET
ET
5
8
AD
PICCADILLY CIRCUS
3
1
LE
RE
TRE ON S
15
ET
ET
T
ST
7
C PIC
RE
RE
EE
EY
2
ST
ST
TR
3
ND
LE
BO
AR
D
M
RS
EL
4
13
OL
BE
VE
RK
2
14 12
6
KI
NG
ST
RE
ET
L PA
LM
AL
L
7
green parkRESTAURANTS 2
E
LY
L 1 ABrowns DI
1 Bentley’s Oyster Bar
2 Acne
2 Dukes
2 Nobu
3 Varana
3 Le Meridien
3 Quaglino’s
4 Victoria Beckham
4 The Cavendish
4 Rowley’s
5 Vanessa Bruno
5 The Mayfair
5 The Wolseley
6 David Zwirner Gallery
6 The Ritz
6 Wiltons
7 Alexander Wang
7 The Stafford
7 Isabel
9 Fortnum & Mason 10 Hatchards 11 Turnbull & Asser 12 Paul Smith 13 Burlington Arcade 14 Moncler 15 Thom Browne
TE
SE ST
ENT STREET
CK
AL
1
DO
BE
1
REG
SA
7
6
5
5
8 De Beers
AF
OW
UT
ST
BERKELEY SQUARE
RETAIL hyde park 1 Wolf & Badger
EW
ST
ER
BR
EET
CURZ
PT
VIL
EET
STR
RE
ET
BR
SA
STR
UNT
RE
GOLDEN SQUARE
IES
MO
ST
R
T
M
NT
NO
ST
ET
GROSVENOR SQUARE
SVE
EE STR
CO
GE
RE
GRO
GR
D OL
RE
ST
EET
ITH
T
ND
STR
OR
EE
BO
OK
RLB
TR
W
BRO
DAV
17 Albemarle Street is located on one of London’s The Bond Street Quarter incorporating Bond, most sought after retail destinations in the heart Dover, Albemarle and Grafton Streets is emerging AD R ROthe of Mayfair. Albemarle Street lies parallel to BondBAYSWATEas pre-eminent retail destination for retail, Street and Dover Street and is bordered to the fashion and art as evidenced by the recent lettings south by Piccadilly. to Alexander Wang, Amanda Wakeley, Aquazzura, Faliero Sarti, Moncler and Thom Browne. Mayfair lies at the centre of London’s West End and continues to be seen as its most exclusive retail The area also has the following world renowned and restaurant destination. The area has a mix of art galleries: David Zwirner, Marlborough Fine Art, top quality office buildings, high end residential Mazzoleni Gallery, Galerie Thaddaeus Ropac and accommodation, fine dining, top quality hotels and Jerome Zodo. high class luxury retail centred around the world renowned Bond Street.
NE
MARBLE ARCH
GR
HANOVER SQUARE
MA
T
RS
BOND STREET (HANOVER SQ)
BOND STREET
T EA
EE
FR
T
TR
OU
LOCATION
REE RD ST
HS
RD
AD OXFO
G OU
WA
RO
OXFORD CIRCUS
PI
CC
TH
E
M
AL
L
st j
I7 A L B E M A R L E S T R E E T LONDON WI
ACCOMMODATION The premises have been refurbished and are arranged over ground and lower ground and have the following net internal floor areas: GROUND
85.19 sq m
917 sq ft
LOWER GROUND
92.90 sq m
1,000 sq ft
FIRST FLOOR
GROUND FLOOR
LOWER GROUND FLOOR
90 sq m (968 sq ft)
85.19 sq m (917 sq ft)
92.90 sq m (1,000 sq ft)
TOTAL 178.09 sq m 1,917 sq ft
LIFT
In addition to the ground and lower ground the first floor can also be made available. The net internal floor areas of the first floor are as follows: FIRST FLOOR
90 sq m
968 sq ft
TOTAL
90 sq m
968 sq ft
LIFT
LOBBY/ COMMON AREAS
ALBEMARLE STREET ALBEMARLE STREET
NORTH
Plans not to scale. Indicative only.
ALBEMARLE STREET
I7 A L B E M A R L E S T R E E T LONDON WI
LEASE TERMS
EPC
New lease available for a term to be agreed. The lease will be subject to five yearly upward only rent reviews.
Available on request.
The lease will be contracted outside the security of tenure provisions of the 1954 Landlord & Tenant Act (Part II) as amended.
RENT Ground Floor & Lower Ground Rent on Application
COSTS Each party is to be responsible for their own professional costs in the transaction.
PL ANNING The Ground, Lower Ground and First Floors have A1 Retail planning consent.
First Floor - £125,000 per annum exclusive.
BUSINESS R ATES The rateable value for the premises from April 2017 will be as follows: Ground & Lower Ground - £92,000 First Floor - £54,000 Interested parties are advised to contact Westminster City Council or the Valuation Office for further enquiries.
First floor
I7 A L B E M A R L E S T R E E T LONDON WI
Viewing and further information strictly by appointment through sole agents
MATT PAULSON-ELLIS [email protected] 020 7747 0151
DAN RIDGERS [email protected] 020 7747 0153
ROGER SHARPLEY [email protected] 020 7747 0150
MISREPRESENTATION ACT 1967 – LEVY REAL ESTATE LLP for themselves and for the Vendors or Lessors of this property whose agents they are given notice that: all descriptions, dimensions, reference to condition and necessary permissions for use and occupation and other details are unless otherwise stated indicative only. Any intending purchasers or tenants should not rely on them as statements or representations of fact or as warranties but must satisfy themselves by inspection or otherwise as to the correctness of each of them. Any services mentioned have not been tested and therefore prospective occupiers should satisfy themselves as to their operation. These particulars are produced in good faith and set out a general guide only and do not constitute part of any offer or contract. No person in the employment of Levy Real Estate LLP has any authority to make or give representation or warranty in relation to this property. All prices and rents are quotes exclusive of VAT unless otherwise stated.
