2-5 Old Bond St | London W1S 4PD
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2-5 Old Bond St
London W1S 4PD
Standbrook House · Office Property For Sale
Investment Highlights
- Super prime trophy freehold investment on London’s famous Old Bond Street
- Retail units are let to luxury brands Richard Mille and Tod’s
- Current income of £4,651,452 per annum
- Standbrook House is one of the most attractive buildings on Old Bond Street and is 100% occupied
- The building has the desirable benefit of two luxury residential apartments on the 6th floor with outside terraces
- Offers invited for the freehold interest
Executive Summary
Two prominent retail units with wide fully glazed frontages. Current income of £4,651,452 per annum. The retail rent reviews remain outstanding and reflect a low Zone A rent of just under £1,200, comparing favorably to prime rents in excess of £2,500 Zone A Low average office rent of £85 per sq ft, offering excellent rental growth prospects.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
21,538 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1850/2003
Percent Leased
100%
Tenancy
Multiple
Number of Floors
8
Typical Floor Size
2,692 SF
Amenities
- Raised Floor
- Security System
- Air Conditioning
- Balcony
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