For SaleLand in Upper Berkeley Street, London, W1H£1,750,000
Property Type
Land
Tenure
Leasehold
Price
£1,750,000
Resources
Description
An unmodernised HMO in the heart of Marylebone with redevelopment potential.
Please get in touch for dataroom access.
• The Property is currently arranged as 11 bedrooms split across 8 separate leases
measuring 2,892 sq ft NIA and 3,568 sq ft GIA
• The building has 2 regulated tenants
• The Property is offered on the basis of a new 999 year long leasehold from The Portman Estate
• Suitable for residential or other uses subject to obtaining the necessary consents
The Portman Estate, which was first established in 1532, comprises 110 acres of prime commercial, retail and residential space in Marylebone. The Portman Estate actively manages the property assets, both directly as a landlord to an ever-increasing number of residential and commercial customers, and through their relationships with long-term leaseholders.