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34 Park St

8,218 SF Office Building London W1K 2JD £14,950,000 (£1,819/SF)

Investment Highlights

  • A rare opportunity to purchase the long leasehold interest of a prestigious Grade II listed office building
  • The former townhouse was originally constructed in 1895 and refurbished in 1913-14 for politician James de Rothschild
  • Situated in the heart of Mayfair

Executive Summary

A rare opportunity to purchase the long leasehold interest of a prestigious Grade II listed office building situated in the heart of Mayfair.
34 Park Street is a Grade II listed property which comprises 8,218 sq ft NIA / 10,358 sq ft GIA over basement, lower ground, ground and five upper floors. The former townhouse was originally constructed in 1895 and refurbished in 1913-14 for politician James de Rothschild. The townhouse, which has until recently been occupied as a private family office, provides a mixture of period and more contemporary office accommodation. The property is comfort cooled throughout and there is a passenger lift serving all floors except the fifth.
The property is available by way of a long leasehold sale of a 125 year lease from September 2004, with a 10% gearing.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Tenure
Long Leasehold
Building Size
8,218 SF
Building Class
B
Year Built
1830
Price
£14,950,000
Price Per SF
£1,819
Tenancy
Single
Number of Floors
8
Typical Floor Size
1,027 SF
Building FAR
2.70
Land Acres
0.07 AC

Amenities

  • Security System
  • Kitchen
  • Storage Space
  • Demised WC facilities
  • Recessed Lighting
  • Air Conditioning
  • Listing ID: 31326525

  • Date on Market: 26/03/2024

  • Last Updated:

  • Address: 34 Park St, London W1K 2JD

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