An attractive Grade II Listed property, situated just off Harley Street.
An attractive Grade II Listed property, situated just off Harley Street, comprising medical accommodation to the basement ground and first floor with a self-contained residential flat to the first and second floors. Each element held on a head lease (79 years unexpired) and offered with vacant possession. The whole building has a GIA of 7,131 sq ft (662.5 sq m).
Built in the early 1900's, this Grade II Listed terraced town house is rich in detail and is beautifully proportioned. The five storey property is ornately dressed in Portland stone. The property incorporates an arch over the entrance into Weymouth Street Mews and the front room to the first floor exploits this span.
There is an internal staircase and a lift connecting all the floors. The lift has been temporarily disconnected and would need to be replaced.
The medical accommodation has been refurbished throughout since it was vacated. The balustrade to the staircase has, with other works, been replaced to comply with the Conservation officer's requirements.
Prior to the current mixed residential use of the building, the property was the embassy of the Netherlands.
Medical Accommodation:
The property comprises c.3,900 ft2 (NIA) of clinical space which is arranged over the three floors. The medical space has a well-proportioned layout including a clinical theatre, eight consulting rooms, two waiting/reception rooms, store, office, staff kitchen and separate staff and client toilets. In addition, and not reflected in the floor area calculation, there are under pavement vaults used for storage. In addition to the vaults, there is a cleaners cupboard sited underneath the entrance to the property.
Many of the traditional Edwardian characteristics have been retained, with the majority of the consulting rooms benefiting from high ceilings, natural lighting and ornate detailing.
There is a clause within the head lease that the medical property can be used for cosmetic surgery - this type of clause is limited to only a select few properties within the enclave. The medical licence, included in the rent, provides for up to 12 medical practitioners at any time. The medical licence includes unlimited number of nurses and ancillary staff e.g. receptionists.
Residential Apartment:
The grand residential apartment is located over the second and third floors. It is accessed off the main staircase and served by the lift (both floors). It comprises of 4 bedrooms, two bathrooms (one en-suite), drawing room, dining room, kitchen, study and cloakroom. The apartment is well proportioned with large rooms covering approximately c.2,675ft2 (GIA). It has been recently decorated and many of the original Edwardian features have been retained.
There is a roof terrace to the rear of the building which is accessed by the entrance lobby of the apartment.
We are advised that the freeholder has granted consent for a second much larger roof terrace to the main building (subject to planning). Access already exists from the top floor and electricity has been provided.
View payable Stamp Duty for this property
A wonderful opportunity to acquire a building which is income generating with the added benefit of living within the block in the a spectacular apartment with outside space and tremendous proportions.
Alex RossProperty agent