Commercial/Residential

To buy

16 Broadway, London, SW1H 0BH

Commercial/Residential - 3,351 Sq Ft

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Prime Freehold For Sale Within the Heart of Westminster, Situated opposite St James's Park Tube Station

Description

Freehold mixed-use retail/residential building available for the first time in over 60 years.

Suitable for investors, developers and owner occupiers offering the opportunity to acquire a prime Central London part income producing building.

Significant flag-ship developments due to transform the immediate surrounding area with extensive improvements to the public realm.

Situated opposite St James's Park Tube Station, comprising 3,531 sq ft NSA/NIA arranged over basement, ground and three upper floors.

Considerable asset management opportunities including refurbishment and reletting, increasing the massing subject to obtaining the necessary consents.

Planning consent granted in 2020 for an additional residential floor of circa 440 sq ft NSA.

The Vendors are seeking offers in excess of £3.35 million, reflecting a low capital value of £999.70 per sq ft on existing.

Accommodation

The areas quoted below are net internal;

  • Floor
  • Size (Sq Ft)
  • Availability
  • 3rd: Apartment D
  • 439
  • Available
  • 2nd: Apartment C
  • 536
  • Available
  • 1st: Apartment B
  • 435
  • Available
  • 1st: Apartment A
  • 438
  • Available
  • Ground: Retail
  • 973
  • Available
  • Basment: Kitchen/Ancillary
  • 530
  • Available

* Subject to re-measurement and IPMS 3 Measurements available upon request

Epc

EPCs for the commercial unit and apartments are available upon request.

Legal Costs

Each party to be responsible for their own legal costs incurred in the transaction.