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T I T L E

4 6 H E R T F O R D S T R E E T , M A Y F A I R W 1

T I T L E

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T H E B U I L D I N G

– A prime freehold opportunity in the heart of Mayfair

– Close to Park Lane, Curzon Street and Shepherd Market

– Grade II listed historic building dating back to late 18th Century

– Total of 4,907 sq ft NIA and 6388.16 sq ft GIA over lower ground, ground and four upper floors

– Office use throughout with the benefit of residential planning permission

– Consent exists for the creation of four flats above ground and with office use on ground and lower ground floors

– Offered with full vacant possession– Opportunity for an owner occupier or investor

to create a bespoke building to suit their own taste and style

INVESTMENT SUMMARY

T H E N E I G H B O U R H O O D

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T H E N E I G H B O U R H O O D

On your doorstepMayfair boasts the largest concentration of globally renowned restaurants, private clubs and hotels in the UK, as such, this has endorsed Mayfair as the recognised home and preferred location for various global conglomerates, internationally recognised Family offices and embassies throughout Europe. In turn the area is synonymously linked with some of the worlds most luxurious and famous stores, fashion brands, art gallery’s, jewellers and haute couture houses. This has been the case for the last century and has ensured that Mayfair is firmly cemented as one the foremost luxury destinations in the world.

Shepherd Market2 minute walk

Green Park4 minute walk

Green Park Station6 minute walk

Hyde Park Corner8 minute walk

A LUXURYLOCATION

H Y D E P A R K

G R E E N P A R K

O L D B O N D S T R E E T

R E G E N T S T R E E T

B U C K I N G H A M P A L A C E G A R D E N S

H Y D E P A R K C O R N E R

M A R B L E A R C H

P A D D I N G T O N

R E G E N T ’ S P A R K

T H E D O R C H E S T E R

G R O S V E N O R S Q U A R E

B U C K I N G H A M P A L A C E

S H E P H E R D M A R K E T

B E R K E L E Y S Q U A R E

M A R Y L E B O N E

G R E E N P A R K S TAT I O N

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T H E N E I G H B O U R H O O DT H E N E I G H B O U R H O O D

M O U N T S T R E E T

Mount Street has in recent years undergone a complete revitalisation, which coincided with the refurbishment of The Connaught Hotel, lying at its heart. This in turn created a fashion magnet to some of the worlds luxury brands and restaurants. Mount and South Audley Street, which lie adjacent to each other, is now home to fashion brands such as, Celine, Balenciaga, Christopher Kane, Christian Louboutin, Creed as well as restaurants and clubs such as Scotts, George Club and Harry’s Bar. More of a luxury village in the heart of Mayfair, Mount Street with amenities to suit both tourists and its local residents.

S H E P H E R D M A R K E T

First established as a market in the mid 1700’s, Shepherds Market is still a mix of open squares and small alleys located within the throroughfares of Park Lane, Picadilly and Curzon Street. Hosting some bespoke retailers and individually renowned restaurants and pubs. The latest addition has also become one of London’s most exclusive members clubs, 5 Hertford Street, created by Robin Birley, whos father Mark, was responsible for London’s other famous members clubs, such as Annabel’s.

B O N D S T R E E T

Located in the heart of Mayfair, over 150 luxury global brands are based on Bond Street, including Louis Vuitton, Dior, Ralph Laurent, Graff Channel, Tiffany, Cartier, Burberry amongst various others.

The street is recognised as one of the most prestigious shopping street in the world with a mix of both the finest fashion designers as well as the finest and most prestigious jewellers. Together with Oxford Street and Regent Street, Bond Street is the most vibrant retailing environment in Europe attracting over 200 million visitors per year

B U R L I N G T O N A R C A D E

A world famous shopping arcade, created in 1819 and regularly seeing close to 4 million per year passing through its arches.Hosting various luxury brands such as Chanel, Bell & Ross, Frederic Malle, Manolo Blahnik. The arcade has also become equally well known for the place to buy vintage watches, wit Omega, Watch Club, David Duggan amongst other well known dealers. Often serving tourists crossing from Bond Street to Piccadilly it remains one of London’s most recognised shopping arcades.

NOTABLE RESIDENTS

SOUTH STREET

HAY’S M

EWS

FARM S

TREET

CHESTERFIELD H

ILL

HIL S

TREET

DEANERY STREET

WA

VER

TO

N ST

CHARLES STREET

HAY’S MEW

S

PAR

K ST

REET

REEVES MEWS

SOU

TH

AU

DLEY

STR

EET

SOU

TH

AU

DLEY

STR

EET

TILNEY ST

S TA NHOPE GATE

CURZON STREET

QU

EEN ST

REET C U

RZON

STREET

BERKELEY SQU

ARE

DA

VIES ST

REET

MOUNT STREET

MOUNT STREET

ADAM’S ROW

MOUNT ROW

BERKELEY SQU

ARE

BOURDON PLACE

BOURDON STREET

BRUTON STREET

CLIFFORD STREET

NEW

BON

D ST

OLD

BUR

LING

TO

N ST

REET

SAVILE R

OW

CO

RK

STR

EET SAC

KV

ILLE STR

EET

STRATTO

N STREET

HAY HILL

BERKELEY STREET

OLD

BON

D ST

REET

NEW

BON

D STR

EET

DO

VER

STR

EET

GR

AFT

ON

ST

ALBEM

AR

LE ST

STAFFORD STREET

JERMYN STREET

DU

KE ST

BURY

STR

EET

KING ST

STABLE YA

RD

BRU

TO

N L

AN

E

REX

PLAC

EBA

LFOU

R PLA

CE

HERTORD STREET

DER

BY ST

MARKET MEWS WHITE H

ORSE ST

REET

SHEPHERD STREET

TR

EBECK

ST

CH

ESTER

FIELD ST

HA

LF MO

ON

STREET

CLARG

ES STREET

BOLTO

N STREET

DO

WN

STREET

BRICK ST

HA

MILT

ON

PLAC

E

OLD

PARK

LAN

E

SOUTH CARRIAGE DRIV

E

KNIGHTSBRIDGE

PICCADILLYDUKE OF W

ELLING

TO

N PLA

CE

PAR

K L

AN

E

PARK LA

NE

PAR

K L

AN

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PARK LA

NE

UPPER GROSVENOR STREET

GROSVENOR STREET

GROSVENOR STREET

PICCADILLY

PICCADIL

LY

REG

ENT

STR

EET

ST JA

MES’S ST

REET

THE MALL

SHEPHERD STREET

GREEN PARK

BERKELEYSQUARE

GARDENS

GROSVENORSQUARE

MOUNT STGARDENS

HYDE PARK

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ARCHESONHOUSE

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SHEPHERD MARKET

SPENCERHOUSE

ROYALACADEMYOF ARTS

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07GREEN PARK

HYDE PARKCORNER

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01. Phillps

02. Lazard & Co

03. Bain Capital

04. Glencore

05. Moore Europe Capital

06. Manchester United

07. Gulf International Bank

08. Seven Energy

09. Ferrexpo

10. The Jet Business

11. Evercore Partners

12. Barclays Bank

13. Blackstone

13. WWP

01. Royal Thai Embassy

02. Royal Embassy of Saudi Arabia

03. Embassy of the State of Qatar

04. Embassy of Panama

05. Bahamas High Commission

06. Eqyptian Cultural Centre

07. Embassy of Mayanmar

08. Embassy of Japan

09. Indian High Commission – Cultural Section

10. Malaysian External Trade Development Corp

11. Embassy of Italy

01. The Dorchester

02. Grosvenor House

03. The Hilton on Park Lane

04. The Lanesborough

05.Claridges

06. The Connaught

07. The Ritz

08.The Athenaeum

09.The Park Lane Mews Hotel

10. The May Fair Hotel

11. The COMO Metropolitan

12. The Stafford

13. Sheraton Grand

14. Intercontinental Park Lane

15. Four Seasons Park Lane

01. Loulou’s

02. Les Ambassadeurs Casino

03. Crockfords

04. The Colony Club

05. The Arts Club

06. Little House Mayfair

07. Cavalry & Guards Club

08. Annabel’s

09. Morton’s Club

10. George

11. Harry’s Bar

12. Mark’s Club

L O C A L O C C U P I E R S H O T E L S

D I P L O M AT I C

M E M B E R S ’ C L U B S

9 M I N S 1 2 M I N S 4 5 M I N S

VictoriaVictoria Line

Green Park

Piccadilly CircusPiccadilly Line

EustonVictoria Line

King’s Cross St. PancrasVictoria Line

London BridgeJubilee Line

Heathrow AirportPiccadilly Line

Liverpool StreetVictoria Line / Central Line

Gatwick AirportVictoria Line / Great Northern train

PaddingtonJubilee Line / Bakerloo Line

WaterlooJubilee Line

5 M I N S 6 M I N S3 M I N S1 M I N

A COSMOPOLITAN BUSINESS HUB

T H E N E I G H B O U R H O O D

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T H E D E T A I L ST H E D E T A I L S

Meticulous Georgian detailingArcheson House offers a rare opportunity to acquire an elegant, spacious office building in one of London’s most desirable neighbourhoods. This Grade II listed property comprises a Georgian townhouse benefiting from unique period features, bright rooms and an ornate central staircase.

The building comprises approximately 4,907 sq ft NIA, 6388.16 sq ft GIA of office building arranged over lower ground, ground and four upper floors.

Internally the accommodation is well configured for office use providing good levels of natural light throughout with sash windows at both north and south elevations, a small Juliet balcony to the rear of the 4th floor, and roof lights to the lower ground and fourth floor accommodation.

AT A GLANCE...

The Specification– Four person passenger lift serving

ground to 4th floors.

– Perimeter heating and cooling.

– Floor to ceiling windows at first floor level.

– Ornate central staircase.

– Single glazed sash windows on all levels.

– Two storage vaults.

– Separate external access to lower ground level.

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LOWER GROUND FLOOR

GROUND FLOOR

Floor plans not to scale. For indicative purposes only.Floor plans not to scale. For indicative purposes only.

FIRST FLOOR

Floor plans not to scale. For indicative purposes only.

T H E D E T A I L S P L A N S A N D S P E C I F I C A T I O N S

AREA NIA SQ FT NIA SQ M GIA SQ FT GIA SQ M IPMS SQ FT IPMS SQ M

Fourth 701 65.11 961.64 89.34 769 71.4

Third 759 70.55 989.20 91.90 793 73.7

Second 741 68.81 963.37 89.50 756 70.2

First 795 73.84 1050.66 97.61 841 78.1

Ground 688 63.92 1066.70 99.10 909 84.4

Lower 1,223 113.65 1356.57 126.03 1172 108.9

Total 4,907 455.88 6388.16 593.48 5,240 486.7

AccommodationPlowman Craven have undertaken a measured survey that accords with the RICS Code of Measuring Practice (6th Edition) and the IPMS 3rd Edition. The gross floor areas have been provided by an alternative source.

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P L A N S A N D S P E C I F I C A T I O N S

Planning/Residential UsePlanning consent was granted on 16th January 2016 for the top floors to be converted. A copy of the planning consent is available from the agents on request.

ADDRESS

FLOOR/SIZE

SQ FT

LEASE

RENT

£/PSF

TIMING

17 Hill St. 3rd: 2,080 New Lease 85 Q2 2018

1 Dover St. 3rd: 2,650 New Lease 85 Q2 2018

7 Clarges St. 1st: 3,498 New Lease 105 Q2 2018

66 St James’s St. 1st: 1,630 New Lease 100 Q2 2018

29 Curzon St. 1st: 1,135 88 Q2 2018

73 Brook St. 2&3rd: 4,620 150 Q4 2017

Leasehold Comparables

ADDRESS

SIZE SQ FT

TENURE

PRICE

£/PSF

YIELD %

DATE

49 Albemarle St. 8,130 Freehold 2,552 3.06 Q2 2018

10 Shepherd Market 2,305 virt f/h 722 yrs uexp

1,952 2.9 Q2 2018

6 Queen St. 4,644 Freehold 2,045 vacant Q2 2018

62-3 Duke St. St James’s

7,805 Freehold 2,375 Pt income producing

pt vacant Q2 2018

11 Upper Grosvenor St. 8,283 LLH 107 years 2,251 10 Q2 2018

10 Grosvenor St. 63,500 LLH 2,393 3.7 Q4 2017

34 St George St. 1,505 Long lease. 1873 years remaining at a peppercorn

3,139 vacant Q2 2017

29 Sackville St. 7,071 Freehold 2,475 vacant Q2 2017

45 Clarges St. 3,175 Freehold 2,362 vacant Q2 2017

Freehold Comparables

Floor plans not to scale. For indicative purposes only.

SECOND FLOOR

THIRD FLOOR

FOURTH FLOOR

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Nicholas MarksD. +44 (0)20 7317 1582

M. +44 (0)7850 258338

E. nm@jamesandrew.co.uk

www.jamesandrew.co.uk

Paul GoldD. +44 (0)20 7487 9790

M. +44 (0)7958 222 150

E. pgold@brahamgood.co.uk

www.brahamgood.co.uk

Misrepresentation Act 1967: James Andrew International and Braham Good for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither James Andrew International and Braham Good nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 1989: Unless otherwise stated all prices and rents are quoted exclusive of VAT. Property Misdescriptions Act 1991: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. Design by Zest Design and Marketing Ltd 0117 950 8445. June 2018 (01916).

ProposalOffers are invited for this valuable freehold interest with the benefit of full vacant possession.

VATThe owners of the property have not elected to waive their exemption to tax the property, therefore VAT will not be payable on the purchase price.

ContactFor further information or to arrange an appointment to view, please contact the joint sole agents:

4 6 H E R T F O R D S T R E E T , M A Y F A I R W 1