52 Portland Place
London, W1
Rare opportunity to purchase a vacant best-in-class office building in the heart of Marylebone.
Price: £6m
Status: Available
Tenure: Leasehold
Transaction details
Description
Totalling 6,509 sq ft NIA (10,329 sq ft GIA) arranged over lower ground, ground and four upper floors. A mix of grand stately rooms and contemporary office space, with floor-to-ceiling heights of up to 4.3 meters.
Tenancy
Offered with full vacant possession, ideal for owner occupation. Leasehold expiring in 2084 (60.5 years unexpired) at a current rent of £16,100 per annum. The Vendor has had favourable discussions to extend the leasehold, which could be explored subject to negotiation.
Location
Situated on Portland Place in the heart of Marylebone, one of the West End’s most prestigious locations. Less than 8-minute walk from 4 London Underground stations.
