CHANDOS STREET LONDON W1. Prime West End Freehold for sale for Office or Residential use

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Constance Kennedy
5 years ago
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1 3 CHANDOS STREET LONDON W1 Prime West End Freehold for sale for Office or Residential use

2 THE OPPORTUNITY Prime Marylebone freehold Grade II listed period building comprising a NIA of 4,088 sq ft (379.8 sq m) Current B1(a) use Full planning granted for one C3 dwelling with a GIA of 5,744 sq ft (533.6 sq m) Refurbishment opportunity for an occupier to acquire their own building Vacant possession by Q Potential for alternative uses subject to consent Offers are invited in excess of 7,000,000 (Seven Million Pounds) exclusive of VAT, subject to contract, for the freehold interest in the property

THE LOCATION The building occupies a prominent position on

Cavendish Square, in the heart of Marylebone and the West

Square to the south with Queen Anne Street to the north.

Street and Marylebone Lane, with its multitude of shops,

The area is home to a wide range of professional, financial

Circus (Central, Bakerloo and Victoria lines) and Bond

4 THE LOCATION The building occupies a prominent position on the east of Chandos Street, London W1, in close proximity to Cavendish Square, in the heart of Marylebone and the West End. It lies within the City of Westminster s Harley Street Conservation Area. Chandos Street runs north to south connecting Cavendish Square to the south with Queen Anne Street to the north. The immediate area benefits from the amenities of Oxford Street and Marylebone Lane, with its multitude of shops, bars and restaurants. The area is home to a wide range of professional, financial and medical occupiers including Coca-Cola, Coller Capital, TDR Capital, Heron and the BBC. Transport links to the building are excellent with Oxford Circus (Central, Bakerloo and Victoria lines) and Bond Street (Central and Jubilee lines) underground stations both in close proximity. In addition, the arrival of Crossrail at Bond Street in 2018 will further enhance connections to Chandos Street. The area is also well served by local bus routes, providing access to both the West End and wider London destinations.

T WEYMOUTH ST REGENTS PARK 5 mins GREAT PORTLAND ST 6 mins

QUEEN ANNE ST 3 CHANDOS ST BBC BROADCASTING HOUSE LANGHAM

REGENT ST REGENT ST WIGMORE ST CAVENDISH PLACE MORTIMER ST

ST NEW BOND ST JOHN LEWIS HOLLES ST OXFORD CIRCUS DEBENHAMS

5 T WEYMOUTH ST REGENTS PARK 5 mins GREAT PORTLAND ST 6 mins PORTLAND PL NEW CAVENDISH ST HARLEY ST HARLEY ST HARLEY PL QUEEN ANNE ST 3 CHANDOS ST BBC BROADCASTING HOUSE LANGHAM PL GREAT TITCHFIELD ST MARYLEBONE HIGH ST THAYER ST JAMES ST GILBERT ST ST. CHRISTOPHER S PLACE WELBECK ST MARYLEBONE LN WIMPOLE ST REGENT ST REGENT ST WIGMORE ST CAVENDISH PLACE MORTIMER ST CAVENDISH SQUARE GARDENS HENRIETTA PL MARGARET ST MARGARET ST NEW BOND ST JOHN LEWIS HOLLES ST OXFORD CIRCUS DEBENHAMS OXFORD ST OXFORD ST OXFORD ST BOND STREET HANOVER SQUARE APPLE STORE LIBERTY 3 CHANDOS STREET, LONDON W1 5

THE BUILDING No 3 Chandos Street forms part of a terrace of 5 properties, Nos 2-6, built in 1769-70.

6 THE BUILDING No 3 Chandos Street forms part of a terrace of 5 properties, Nos 2-6, built in This Grade II listed building is arranged over lower ground, ground and four upper floors, comprising a net internal area of 4,088 sq ft (379.8 sq m) with a gross internal area of 5,744 sq ft (533.6 sq m). The building was originally the family home of Sir Charles Kent, Member of Parliament for Thetford in Norfolk. It was then converted to medical use for a group of dental surgeons until the 1950 s. The building has since been occupied by the architects Wilson Mason LLP, who continue to occupy this distinguished old house today. The building provides a mixture of offices and open plan accommodation including the following amenities: Original period features Fan-coil air-conditioning in part Electric storage heaters Perimeter cabling Kitchen & s Storage vaults 6

7 3 CHANDOS STREET, LONDON W1 7

8 8

9 RATEABLE VALUE Rateable Value, with effect from 1st April 2010, of 138,000 TENURE The property is freehold with absolute title under NGL Wilson Mason LLP occupy the building on a full repairing and insuring lease for a term of 5 months from 6th October 2015, expiring 5th March 2016, contracted outside Sections (inclusive) of the Landlord & Tenant Act 1954 (as amended). There is a mutual option to determine the lease from 6th January 2016 on either party serving one month s notice in writing. The rent is set a peppercorn. No. 3 PLANNING The property is currently classed as B1(a) Business under the Town and Country Planning (Use Classes) Order 1987 Full planning consent was granted on 29 July 2015 for change of use to a single family dwelling (Class-C3) with associated external alterations. Copies of the consent along with consented architectural drawings are available via London Borough of Westminster s planning portal - 15/05181/FULL. 3 CHANDOS STREET, LONDON W1 9

10 EXISTING FLOOR PLANS KITCHEN ARCHIVE KITCHEN MEETING ROOM MEETING ROOM MEETING ROOM RECEPTION RECEPTION MEETING ROOM LOBBY KITCHEN ARCHIVE Second Floor Lower Ground Floor FLOOR ROOF TERRACE IT ROOF TERRACE IT NIA (SQ FT) NIA (SQ M) Fourth Office Third Office Second Office First Office Ground Reception/Conference/Post Rooms Lower Ground Office/ Kitchen / Storage , TOTAL Ground Floor Vaults LOBBY First Floor KITCHEN Third Floor Fourth Floor Not to scale. Indicative only. 10

11 ENSUITE ENSUITE SHOWER ROOM SHOWER ROOM UTILITES UTILITES PROPOSED RESIDENTIAL FLOOR PLANS FAMILY KITCHEN RECEPTION RECEPTION LIBRARY/ LIBRARY/ KITCHEN/ KITCHEN/ DINING ROOM DINING ROOM DRESSING DRESSING ROOM ROOM FAMILY KITCHEN MASTER MASTER RECEPTION RECEPTION RECEPTION RECEPTION FAMILY ROOM FAMILY ROOM First Floor Second Floor Ground Floor ROOF TERRACE ROOF TERRACE ENSUITE ENSUITE 3 3 Lower Ground Floor FLOOR ROOF LIGHT GIA (SQ FT) GIA (SQ M) Fourth Bedroom 4/ Third Bedroom 2/ Second Master Bedroom/Dressing Room First Reception Ground Reception/Kitchen Dining Room Lower Ground Family Room/Family Kitchen/Vaults 1, , TOTAL ROOF TERRACE ROOF ENSUITE ENSUITE TERRACE ROOF LIGHT 4 4 ENSUITE ENSUITE ENSUITE ENSUITE DRESSINGDRESSING 2 ROOM ROOM Third Floor Fourth Floor Not to scale. Indicative only. 3 CHANDOS STREET, LONDON W1 11

HEADER. Copy SEVENTEEN PORTLAND PLACE LONDON W1 SEVENTEEN PORTLAND PLACE

HEADER. Copy SEVENTEEN PORTLAND PLACE LONDON W1 SEVENTEEN PORTLAND PLACE HEADER Copy SEVENTEEN PORTLAND PLACE LONDON W1 1 INVESTMENT SUMMARY Prominently located on Portland Place at its junction with Duchess Street, in close proximity to Marylebone High Street, Oxford Circus