seventeen albemarle street london w1 - Levy LLP
SEVENTEEN ALBEMARLE STREET LONDON W1
F L A G S H I P R E TA I L O P P O R T U N I T Y
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HORSE GUARDS PA R A D E
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AR ST JAMES’S PA R K
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D
R T PRIVATE CLUBS S 30. The Athenaeum 31. Boodle’s 32. Institute of Directors 33. The In & Out 34. Reform Club 35. The Carlton Club 36. The East India Club V IL L I Automobile Club 37. The Royal E R S 38. The TravellersS TClub R E C E T 39. White’s R A
E
N
CHARING CROSS
S THEATRE T & ARTS R N O E R T H U 40. BAFTAE T M B E R 41. LHer A N Majesty’s Theatre D A V EMBANKMENT E Contemporary 42. Institute of Arts 43. Royal Academy
W AT E R L O O GARDENS
T EE
A
L
RESTAURANTS E T& Grill 22. Bentley’s Oyster Bar RE ST A 23. Brasserie Roux TT IE 24. Green’s E N R N H L N 25. Nobu E D 26. Quaglino’s M A I 27. Rowley’s E 28. TheC Wolseley A L P 29. Wiltons S
V
CHARING CROSS
30
M
G R E E N PA R K
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34
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31
ST
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26
M
ST JAMES’S SQUARE
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20
JA
ST
B GREEN PA R K
24
HOTELS 15. Brown’s 16. Dukes A FMeridien ALGAR 17. T RLe SQUARE 18. The Cavendish 19. The May Fair 20. The Ritz 21. The Stafford
41
33
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PICCADILLY
D
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E S T R E E T
RETAIL 1. Dover Street Market 2. Wolf & Badger 3. Acne LEICESTER SQUARE 4. Alexander McQueen 5. Victoria Beckham 6. Vanessa Bruno 7. David Zwirner Gallery 8. Alexander Wang 9. De Beers 10. Fortnum & Mason 11. Hatchards 12. Turnbull & Asser 13. Paul Smith 14. Burlington Arcade
BURY
SE
R
ORD
OU
27 43
28
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SEVENTEEN ALBERMARLE STREET
E
B
R
Y
W
O
V
F
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S
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ST
RT PE
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T
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S H A F T E S B U
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BERKELEY SQUARE
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17 Albemarle Street is prominently situated adjacent to The Royal Institution at the prime northern end of Albemarle Street. Located on its eastern side, 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 theE Timmediate vicinity.
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L L H A T E H I
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SEVENTEEN ALBEMARLE STREET LONDON W1 T H E
ARE
SQU
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SITUATION
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HA
N
HANOVER SQUARE
E T R E S T
G H O U O R L B R A
D
C
L Y L
OXFORD CIRCUS
N D L A P O
R G
E E T S T R
O R D O X F
D
SEVENTEEN ALBEMARLE STREET LONDON W1
LOCATION 17 ALBEMARLE STREET IS LOCATED ON ONE OF LONDON’S MOST SOUGHT AFTER RETAIL DESTINATIONS IN THE HEART OF MAYFAIR. ALBEMARLE STREET LIES PARALLEL TO BOND STREET AND DOVER STREET AND IS BORDERED TO THE SOUTH BY PICCADILLY. Mayfair lies at the centre of London’s West End and continues to be seen as its most exclusive retail and restaurant destination. The area has a mix of top quality office buildings, high end residential accommodation, fine dining, top quality hotels and high class luxury retailing centred around the world renowned Bond Street. The Bond Street Quarter incorporating Bond, Dover, Albemarle and Grafton Street is emerging as the pre-eminent retail destination for retail, fashion and art as evidenced by the recent lettings to Alexander Wang, Victoria Beckham, Amanda Wakeley, Aquazzura and Faliero Sarti. The area also has the following world renowned art galleries: David Zwirner, Marlborough Fine Art, Mazzolini Gallery and Mallett Antiques.
ACCOMMODATION
LEASE TERMS
The premises are arranged over ground, basement, first, second, third, fourth and fifth floors with the following approximate gross internal floor areas:
New lease available for a term to be agreed. The lease will be subject to five yearly upward only rent reviews. The lease will be contracted outside the security of tenure provisions of the 1954 Landlord and Tenant Act (Part II) as amended.
FLOOR
SQ M
SQ FT
Ground
138.9
1,495
Basement
168.9
1,818
First
140.4
1,511
RENT
Second
120.8
1,300
Third
121.9
1,312
Offers in excess of £750,000 per annum exclusive.
Fourth
121.4
1,307
Fifth
113.3
1,220
TOTAL
925.6
9,963
Subject to Contract.
TIMING December 2015.
SEVENTEEN ALBEMARLE STREET LONDON W1
SEVENTEEN ALBEMARLE STREET LONDON W1
ADDITIONAL INFORMATION BUSINESS RATES The rateable value will be re-assessed upon occupation.
PLANNING The landlord has submitted a planning application to convert the ground, basement, first and second floors to retail use (A1) with ancillary office use (B1) on the upper floors. The building is listed and is Grade II*. Subject to Planning.
EPC
VIEWING AND FURTHER INFORMATION Strictly by appointment only with sole agents: LEVY REAL ESTATE Matt Paulson-Ellis T 020 7747 0151 E [email protected] Roger Sharpley T 020 7747 0150 E [email protected]
COSTS Each party is to be responsible for their own professional costs in the transaction.
Dan Ridgers T 020 7747 0153 E [email protected]
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. May 2015. Designed & produced by Creativeworld. Tel 01282 858200.
F L A G S H I P R E TA I L O P P O R T U N I T Y
SOHO SQUARE
E
A
N
GE OR
ET
N
ST
E
RE
G
EET
B
S
T
D
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S T R E E T
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35
T
38 42
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37
ST. JAMES’S
T
H
E
M
A
L
L
HO
LB O H
M
AD
ROA
RO
E
L
RDS
UG
H
L
GUA
RO
T
A
HORSE GUARDS PA R A D E
RSE
AR ST JAMES’S PA R K
S
T
R
E
O
A
N
D
R T PRIVATE CLUBS S 30. The Athenaeum 31. Boodle’s 32. Institute of Directors 33. The In & Out 34. Reform Club 35. The Carlton Club 36. The East India Club V IL L I Automobile Club 37. The Royal E R S 38. The TravellersS TClub R E C E T 39. White’s R A
E
N
CHARING CROSS
S THEATRE T & ARTS R N O E R T H U 40. BAFTAE T M B E R 41. LHer A N Majesty’s Theatre D A V EMBANKMENT E Contemporary 42. Institute of Arts 43. Royal Academy
W AT E R L O O GARDENS
T EE
A
L
RESTAURANTS E T& Grill 22. Bentley’s Oyster Bar RE ST A 23. Brasserie Roux TT IE 24. Green’s E N R N H L N 25. Nobu E D 26. Quaglino’s M A I 27. Rowley’s E 28. TheC Wolseley A L P 29. Wiltons S
V
CHARING CROSS
30
M
G R E E N PA R K
S
L L H A I T E W H
N
L
R
ET
M
A
M
34
KI
AL
32
P
21
16
ST
M
23
RE
JA
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O Y
II
36
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ST
ST
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S
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RY
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M
RK
A PL
LE
L PA
U
LT
LA
31
ST
R
RK
26
M
ST JAMES’S SQUARE
RE
BU
O
20
JA
ST
B GREEN PA R K
24
HOTELS 15. Brown’s 16. Dukes A FMeridien ALGAR 17. T RLe SQUARE 18. The Cavendish 19. The May Fair 20. The Ritz 21. The Stafford
41
33
ST
KE
12
A
B
T
YO
18
29 39
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S
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OF
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SQ
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V 17
S
S
T
5
ES
PICCADILLY
D
S
T
E S T R E E T
RETAIL 1. Dover Street Market 2. Wolf & Badger 3. Acne LEICESTER SQUARE 4. Alexander McQueen 5. Victoria Beckham 6. Vanessa Bruno 7. David Zwirner Gallery 8. Alexander Wang 9. De Beers 10. Fortnum & Mason 11. Hatchards 12. Turnbull & Asser 13. Paul Smith 14. Burlington Arcade
BURY
SE
R
ORD
OU
27 43
28
C
LF
D
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SH
N
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SEVENTEEN ALBERMARLE STREET
E
B
R
Y
W
O
V
F
A
I F
S
T
L
ST
RT PE
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T
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S H A F T E S B U
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BERKELEY SQUARE
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GOLDEN SQUARE
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17 Albemarle Street is prominently situated adjacent to The Royal Institution at the prime northern end of Albemarle Street. Located on its eastern side, 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 theE Timmediate vicinity.
T
T
’S OK
N
S
SH
E
E
ST
E
W ME
O
R
W
L L H A T E H I
E A C P L
E M B A N K M E N T
E
R
LT
E
T
SEVENTEEN ALBEMARLE STREET LONDON W1 T H E
ARE
SQU
E T R E S T
E T R E S T
R S T
E
T
O
R
T
N
T
R
K
S
M
S
D
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S
SITUATION
E T R E S T
U
I C
D
TH
L
E
O
W
N
BRO
U
L
E
E K R E
H I T F R
R D
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B
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R V E N O H A
SOHO
W
E T R E S T
E
NO
T
A
E
R
G
M
B
E T R E S T
HA
N
HANOVER SQUARE
E T R E S T
G H O U O R L B R A
D
C
L Y L
OXFORD CIRCUS
N D L A P O
R G
E E T S T R
O R D O X F
D
SEVENTEEN ALBEMARLE STREET LONDON W1
LOCATION 17 ALBEMARLE STREET IS LOCATED ON ONE OF LONDON’S MOST SOUGHT AFTER RETAIL DESTINATIONS IN THE HEART OF MAYFAIR. ALBEMARLE STREET LIES PARALLEL TO BOND STREET AND DOVER STREET AND IS BORDERED TO THE SOUTH BY PICCADILLY. Mayfair lies at the centre of London’s West End and continues to be seen as its most exclusive retail and restaurant destination. The area has a mix of top quality office buildings, high end residential accommodation, fine dining, top quality hotels and high class luxury retailing centred around the world renowned Bond Street. The Bond Street Quarter incorporating Bond, Dover, Albemarle and Grafton Street is emerging as the pre-eminent retail destination for retail, fashion and art as evidenced by the recent lettings to Alexander Wang, Victoria Beckham, Amanda Wakeley, Aquazzura and Faliero Sarti. The area also has the following world renowned art galleries: David Zwirner, Marlborough Fine Art, Mazzolini Gallery and Mallett Antiques.
ACCOMMODATION
LEASE TERMS
The premises are arranged over ground, basement, first, second, third, fourth and fifth floors with the following approximate gross internal floor areas:
New lease available for a term to be agreed. The lease will be subject to five yearly upward only rent reviews. The lease will be contracted outside the security of tenure provisions of the 1954 Landlord and Tenant Act (Part II) as amended.
FLOOR
SQ M
SQ FT
Ground
138.9
1,495
Basement
168.9
1,818
First
140.4
1,511
RENT
Second
120.8
1,300
Third
121.9
1,312
Offers in excess of £750,000 per annum exclusive.
Fourth
121.4
1,307
Fifth
113.3
1,220
TOTAL
925.6
9,963
Subject to Contract.
TIMING December 2015.
SEVENTEEN ALBEMARLE STREET LONDON W1
SEVENTEEN ALBEMARLE STREET LONDON W1
ADDITIONAL INFORMATION BUSINESS RATES The rateable value will be re-assessed upon occupation.
PLANNING The landlord has submitted a planning application to convert the ground, basement, first and second floors to retail use (A1) with ancillary office use (B1) on the upper floors. The building is listed and is Grade II*. Subject to Planning.
EPC
VIEWING AND FURTHER INFORMATION Strictly by appointment only with sole agents: LEVY REAL ESTATE Matt Paulson-Ellis T 020 7747 0151 E [email protected] Roger Sharpley T 020 7747 0150 E [email protected]
COSTS Each party is to be responsible for their own professional costs in the transaction.
Dan Ridgers T 020 7747 0153 E [email protected]
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. May 2015. Designed & produced by Creativeworld. Tel 01282 858200.
