Lees Place, London

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  • ExteriorExterior (click image to enlarge)
  • Commercial Unit Commercial Unit (click image to enlarge)
  • Commercial UnitCommercial Unit (click image to enlarge)
  • Commercial UnitCommercial Unit (click image to enlarge)
  • Commercial UnitCommercial Unit (click image to enlarge)
  • Commercial UnitCommercial Unit (click image to enlarge)
  • Commercial UnitCommercial Unit (click image to enlarge)
  • Commercial UnitCommercial Unit (click image to enlarge)
  • Commercial UnitCommercial Unit (click image to enlarge)
  • Commercial UnitCommercial Unit (click image to enlarge)
  • Residential - Typical ReceptionResidential - Typical Reception (click image to enlarge)
  • Residential - Typical KitchenResidential - Typical Kitchen (click image to enlarge)
  • Residential - Typical BathroomResidential - Typical Bathroom (click image to enlarge)
  • Residential - Typical BedroomResidential - Typical Bedroom (click image to enlarge)

10 Lees Place is a substantial, low built property comprising eleven apartments over first to third floors and six commercial (A2/A1/B1) units over ground and lower ground with a total square footage of 12,507 sq ft (GIA). The entire building is owned on a headlease of 75 years from December 1975 (42 years remaining) and the apartments are owned in six SPV's allowing for possible lease extensions in the future. The commerical units are currently divided into six although a licence has been granted from the freeholders (Grosvenor Estate) allowing them to be combined to create one office of 6,131 sq ft. The residential (C3) part of the block has its own, private ground floor entrance and a lift servicing all floors, it benefits of established use for short term lettings (less than 90 days) and are currently fully let with an income of approximately £543,400pa with a mixture of long and short term tenants both of which are allowed.

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Features

  • Prime Mayfair investment/commercial rental opportunity
  • Residential currently fully let with rent of £543,400
  • Licence to create one 6,131 sq ft commercial unit

Facilities

  • Lifts

Transport links

  • Marble Arch - 0.2 miles

    4 minute walk

  • Bond Street - 0.3 miles

    5 minute walk

  • Oxford Circus - 0.6 miles

    12 minute walk

  • Green Park - 0.6 miles

    13 minute walk

  • Hyde Park Corner - 0.7 miles

    13 minute walk

  • London Marylebone - 0.9 miles

    17 minute walk

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