MAYFAIR 31 St George Street, Mayfair, W1
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savills.co.uk WHOLE MAYFAIR BUILDING COMPRISING GALLERY AND OFFICES MAYFAIR 31 St George Street, Mayfair, W1 SAVILLS LONDON 33 Margaret Street London W1G 0JD Location The premises occupy a highly visible location on St Georges Street, which links Hannover Square to the north with Conduit street to the south. The immediate area is a vibrant mix of uses, including galleries, restaurants, auction houses, hotels and office occupiers such as Conde Nast HQ.The location will also benefit from the opening of Crossrail and The Residences at Mandarin Oriental Mayfair both due to open in Hanover Square in 2021. Occupiers in the immediate vicinity include Sothebys, BAPEs new Flagship, Victor Miro Gallery, Trinity House Gallery, ITSU and Neil Barrett. Accommodation The property is arranged as gallery space over ground floor and basement with 4 floors of self contained offices above with the following approximate areas: Rent £552,500 pax. Please enquire for sublet terms on the gallery in isolation. Lease The whole building is held on a full repairing and insuring lease for a term to expire 22nd March 2023. Terms Assignment of the existing lease over the whole or subletting of the gallery and offices separately. Please enquire for further details. Rates We have been verbally informed by the Local Authority that the premises are assessed for rating purposes as follows: Rateable Value (2017): £295,000 pa (Interested parties are advised to make enquiries with the Local Authority.) Legal Costs Each party to be responsible for their own legal and professional costs incurred in this transaction. EPC Available on request. Ground Floor Gallery 1,434 sq ft 133.22 sq m Basement Gallery/Offices 1,652 sq ft 153.47 sq m Basement Vaults 286 sq ft 26.57 sq m First Floor Offices 1,413 sq ft 131.27 sq m Second Floor Offices 1,037 sq ft 96.34 sq m Third Floor Offices 1,052 sq ft 97.73 sq m Fourth Floor Offices 814 sq ft 75.62 sq m Total 7,688 sq ft 714.22 sq m
Transcript of MAYFAIR 31 St George Street, Mayfair, W1
savills.co.uk
WHOLE MAYFAIR BUILDING COMPRISING GALLERY AND OFFICES
MAYFAIR 31 St George Street, Mayfair, W1
SAVILLS LONDON 33 Margaret Street
London W1G 0JD
Location The premises occupy a highly visible location on St Georges Street, which links Hannover Square to the north with Conduit street to the south. The immediate area is a vibrant mix of uses, including galleries, restaurants, auction houses, hotels and office occupiers such as Conde Nast HQ.The location will also benefit from the opening of Crossrail and The Residences at Mandarin Oriental Mayfair both due to open in Hanover Square in 2021. Occupiers in the immediate vicinity include Sothebys, BAPEs new Flagship, Victor Miro Gallery, Trinity House Gallery, ITSU and Neil Barrett. Accommodation The property is arranged as gallery space over ground floor and basement with 4 floors of self contained offices above with the following approximate areas:
Rent £552,500 pax. Please enquire for sublet terms on the gallery in isolation. Lease The whole building is held on a full repairing and insuring lease for a term to expire 22nd March 2023. Terms Assignment of the existing lease over the whole or subletting of the gallery and offices separately. Please enquire for further details. Rates We have been verbally informed by the Local Authority that the premises are assessed for rating purposes as follows:
Rateable Value (2017): £295,000 pa
(Interested parties are advised to make enquiries with the Local Authority.)
Legal Costs Each party to be responsible for their own legal and professional costs incurred in this transaction. EPC Available on request.
Ground Floor Gallery 1,434 sq ft 133.22 sq m
Basement Gallery/Offices 1,652 sq ft 153.47 sq m
Basement Vaults 286 sq ft 26.57 sq m
First Floor Offices 1,413 sq ft 131.27 sq m
Second Floor Offices 1,037 sq ft 96.34 sq m
Third Floor Offices 1,052 sq ft 97.73 sq m
Fourth Floor Offices 814 sq ft 75.62 sq m
Total 7,688 sq ft 714.22 sq m
IMPORTANT NOTICE
Maps are reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd, published for the
purposes of identification only and although believed to be correct accuracy is not guaranteed.
Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on
their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or
contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and
are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or
facilities. Purchasers must satisfy themselves by inspection or otherwise.
VIEWING & FURTHER INFORMATION
Strictly by prior arrangement only with:
James Fairley Laura Salisbury Jones Andrew Wedderspoon [email protected] lsjones@savills,com [email protected]
07824 412 081 07870 999 506 07807 999 363
August 2020
