Jermyn Street, in the heart of St James’s, is one of Central London’s most historic, fashionable districts and world renowned as the centre for gentlemen’s fashion. It runs parallel with and some 50 metres south of Piccadilly and runs from St James’s Street to the west to Regent Street and Haymarket to the east. The property is situated approximately 50 metres from the junction of Regent Street adjoining Tesco Metro and diagonally opposite Eagle Place which runs off Piccadilly. Nearby retailers include Jones Bootmaker Shoes, Churches Shoes and T M Lewin Menswear. St James’s Square is situated a short distance to the south of the property
Tenure
Leasehold. Held from The Crown Estate on four leases expiring on 6th October 2026 at a total rent of £103,000 per annum. The rent is to be reviewed on 10th October 2016 and 5 yearly to open market.
Jermyn Street, in the heart of St James’s, is one of Central London’s most historic, fashionable districts and world renowned as the centre for gentlemen’s fashion. It runs parallel with and some 50 metres south of Piccadilly and runs from St James’s Street to the west to Regent Street and Haymarket to the east. The property is situated approximately 50 metres from the junction of Regent Street adjoining Tesco Metro and diagonally opposite Eagle Place which runs off Piccadilly. Nearby retailers include Jones Bootmaker Shoes, Churches Shoes and T M Lewin Menswear. St James’s Square is situated a short distance to the south of the property
Tenure
Leasehold. Held from The Crown Estate on four leases expiring on 6th October 2026 at a total rent of £103,000 per annum. The rent is to be reviewed on 10th October 2016 and 5 yearly to open market.
Description
The property, the first to fourth floors of a larger attractive period building, comprises office accommodation on first and second floors and two residential flats on third and fourth floors with a separate self-contained entrance off Jermyn Street. Each floor was subject to a refurbishment programme carried out within the last 3 years. The offices benefit from kitchen and toilet facilities. The residential units are furnished and comprise two rooms, kitchen and bathroom.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property, the first to fourth floors of a larger attractive period building, comprises office accommodation on first and second floors and two residential flats on third and fourth floors with a separate self-contained entrance off Jermyn Street. Each floor was subject to a refurbishment programme carried out within the last 3 years. The offices benefit from kitchen and toilet facilities. The residential units are furnished and comprise two rooms, kitchen and bathroom.
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x.
Reversion
First
Offices/Kitchen
50.86 sq m
(547 sq ft)
THE POLITICAL STUDIES ASSOCIATION OF THE UNITED KINGDOM
5 years from 29th July 2014
£29,250
28/07/2019
Second
Offices/Kitchen
53.40 sq m
(575 sq ft)
ANTONIO VUMBACA (t/a ASV Law)
5 years from 25th July 2014
£30,000
24/07/2019
Third
Residential
2 Rooms, Kitchen, Bathroom
INDIVIDUAL
Assured Shorthold Tenancy for 2 years from 08/11/2012
