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This portfolio is located in Mayfair – the pre-eminent prestigious location in London. It is a substantial, low built property which comprises eleven apartments located on the first to third floors. There are also six commercial (A2/A1/B1) units and these are located on the ground and lower ground floor with a total square footage of 12,507 sq ft (GIA). The entire building has 42 years remaining on its headlease. The apartments are owned in six SPV's allowing for possible lease extensions in the future. The commerical units are currently divided into six although a licence has been granted from the freeholders, hence allowing them to be combined to create one office of 6,131 sq ft. The residential part of the block has its own, private ground floor entrance and a lift servicing all floors, it benefits of established use for short term lettings (less than 90 days). All the residential apartments are currently let fully. The apartments are yielding an income of approximately £543,400pa with a mixture of long and short term tenants both of which are allowed.

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