28/29 Savile Row and 1/2 Clifford Street, London W1

A prime property located upon a very prominent corner site in the heart of Mayfair.

• Totalling a proposed 20,239 sq ft gross and 15,978 sq ft of net internal accommodation and offred with full vacant possession of the upper and lower ground floors to provide a prime office redevelopment opportunity.  Also offered with £200,000 per annum of income from the Richard James Gentleman's Tailors store.
• Held upon a long leasehold interest with over 138 years remaining and a headrent which is calculated to 10% of the property's net rental income (after approved expenses).
• The Vendor is seeking offers in excess of £15,000,000 (Fifteen Million Pounds), subject to contract and exclusive of VAT, for the benefit of their long leasehold interest in the property.
• The guide price reflects a Capital Value of £920 per sq ft for the vacant floors, having applied a yield of 4.25% to the Richard James store income and assuming full purchasers costs of 5.8%.