28 Old Bond St
London W1S 4QF
Royal Arcade · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Grade II listed building constructed in 1879
- The property is held freehold
- The property has decorative characteristics and decorative stucco facades at each entrance
- The property is let in its entirety
EXECUTIVE SUMMARY
Constructed in 1879, the Grade II* listed building serves as the oldest shopping arcade in London. The property is characterised by decorative stucco façades at each entrance, cast iron balconies and bold orange and white tones. The Royal Arcade comprises 16 retail units, currently configured as 13 units, in the heart of London’s most exclusive shopping district.
Offers are invited in excess of £13,150,000 for the freehol dinterest, equating to 2.5% NIY.
Offers are invited in excess of £13,150,000 for the freehol dinterest, equating to 2.5% NIY.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
9,379 SF
Building Class
B
Year Built
1879
Price
£13,150,000
Price Per SF
£1,402.07
Net Initial Yield
2.50%
NOI
£328,750
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Frontage
13 ft on 28 Old Bond St
AMENITIES
- Storage Space
