10 Stratton Street

We are delighted to market the freehold interest in 10 Stratton Street, W1; offering a clear business plan to capture significant reversionary potential.

1. Freehold
2. Located in Mayfair in the heart of the West End, less than 1 minute’s walk from Green Park station and in close proximity to Elizabeth line services at Bond Street (Davies Street entrance)
3. 41,577 sq ft (3,863 sq m) of Grade A office and leisure accommodation arranged over lower ground, ground and seven upper floors
4. Fully let to eight office tenants and one gym operator, generating a total (topped-up) rent of £3,760,555 per annum, reflecting a highly reversionary £90.45 per sq ft overall
5. Outstanding occupational market dynamics, underpinned by recent Mayfair rental evidence exceeding £240 per sq ft
6. WAULT of 3.6 years to expiries and 2.3 years to break options with all leases contracted outside the 1954 Act, offering full landlord control
7. Excellent sustainability credentials including EPC B and BREEAM ‘Very Good’ ratings
8. Originally built in 1990 to a best-in-class standard, the property was comprehensively refurbished in 2017 to provide modern, flexible office accommodation throughout
9. Benefits from private terraces on four floors and impressive levels of natural light due to dual aspect glazing throughout
10. Scope to refurbish the reception, common parts and office accommodation on a rolling basis, upon vacant possession to capture the reversionary potential

Offers in excess of £100m are sought for 100% of the share capital in the BVI SPV that holds the freehold interest.