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55 Beauchamp Place, London SW3

Available
Property Type:
Investment
Location:

The property is situated within the Royal Borough of Kensington and Chelsea; a densely populated and affluent area, home to globally renowned cultural attractions such as the Royal Albert Hall, Saatchi Gallery, Natural History Museum and the Victoria & Albert Museum. It is situated in an area of high value Residential property.
 
Beauchamp Place is located off the south side of Brompton Road which runs south to Walton Street, at the junction with Pont Street. The property is located on the west side of the street.

Accommodation:

– Freehold

– Retail accommodation on the ground and basement with office accommodation on the first and second floors

– Attractive mid-terraced property just off Brompton Road in the heart of Knightsbridge, home to London’s most renowned restaurants and
shops, including department stores Harrods and Harvey Nichols

– Total combined retail and office rental income is £96,750 per annum

– Offers are invited for the Freehold interest

The total combined approximate net internal floor area is 1,700 sq ft (157.93 sq m). 
All areas should be deemed approximate.
The approximate net internal floor areas on file are as follows: –

Size:
floor
sq ft
sq m
Ground
332
30.84
Mezzanine
148
13.75
Basement
527
48.96
First
373
34.65
Second
320
29.73
Total
1,700
157.94
Rent:
£2,000,000
Lease term:

TENURE
 
GROUND FLOOR AND BASEMENT RETAIL UNIT
The ground floor and basement shop is occupied by La Societe Limited on a lease at a rent of £59,500 per annum exclusive for a term of 5 years inside the Landlord and Tenant Act 1954 from 9th June 2021.
 
FIRST FLOOR OFFICE
The first floor is occupied by Sifton Praed & Co Ltd on a lease at a rent of £20,750 per annum exclusive for a term of 5 years inside the Landlord and Tenant Act 1954 from 4th August 2018.
 
SECOND FLOOR OFFICE
The second floor is occupied by Thornhill Shann Construction Ltd on a lease at a rent of £16,500 per annum exclusive. The lease is for a term of 5 years contracted outside the Landlord and Tenant Act 1954 from 10th November 2022. The lease contains a break option 10th November 2025.
 
The total combined retail and office rental income is £96,650 per annum.

Timing:

Immediate upon completion of legal formalities.

Rates:

Interested parties are advised to make their own enquiries with the relevant local authority.

Legal Costs:

Each party to bear their own.

EPC:

Available on request.

Contact us

For further information or to arrange a viewing please contact

Ian Simpson — T: +44 (0)20 7590 8957 — E: ian@milescommercial.co.uk
Mike Hole — T: +44 (0)20 7590 8954 — E: michael@milescommercial.co.uk

Get in touch Tel: +44 (0)20 7581 9722

Misrepresentation Act: Miles Commercial Limited for themselves and for the vendors or lessors of the property whose agents they are give notice that :i) The particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part of an order or contract; ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; iii) No person in the employment of Miles Commercial Limited has any authority to make or give any representation or warranty whatsoever in relation to this property. Miles Commercial Limited trading as Miles Commercial, registered in England at NatWest Bank Chambers, 55 Station Road, New Milton, Hampshire BH25 6JA Company registration No:2591029