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1-3 Avery Row, London, W1K

For sale: £21,000,000.00|7,214 Sq Ft|General Retail, Pubs/Bars/Clubs, Restaurants/Cafes, Retail - Out of Town, Retail Park, Retail, Licensed & Leisure

Property details

FOR SALE£21,000,000.00
SIZE7,214 Sq Ft
ADDRESS1-3 Avery Row, London, W1K
TYPEGeneral Retail, Pubs/Bars/Clubs, Restaurants/Cafes, Retail - Out of Town, Retail Park, Retail, Licensed & Leisure
TENUREInvestment Opportunity
POSTED ON22nd November 2022

Description

Prime Mayfair freehold investment opportunity, benefitting from long term and index-linked income - - Prime Mayfair Freehold
- Located in London’s premier submarket, an area known for its affluence and wealth within walking distance of Bond Street and Berkeley Square
- 7,214 sq ft across basement, ground and three upper floors
- Comprehensively refurbished in 2022 to an excellent standard
- Single-let to The Avery Club Ltd, trading as ‘Sparrow Italia’, a luxury leisure concept incorporating a high-end Italian restaurant, smoking lounge and rooftop bar
- Minimum total rent of £575,000 per annum, with annual, uncapped RPI-linked reviews, up to 7% of gross turnover
- WAULT of 19.0 years to expiry

Location

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Location: 1-3 Avery Row, London, W1K

Oxford Circus (0.2 miles)

Bond Street (0.2 miles)

Green Park (0.5 miles)

Marylebone (1.0 miles)

Charing Cross (1.0 miles)

St James's Park (1.1 miles)

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