Marylebone London Nw1

3-9 HUNTSWORTH MEWS MARYLEBONE LONDON NW1

RARE FREEHOLD INVESTMENT & DEVELOPMENT OPPORTUNITY Released to the market for the first time in over 60 years 3-9 HUNTSWORTH MEWS 3-9 HUNTSWORTH MEWS MARYLEBONE MARYLEBONE LONDON NW1 LONDON NW1

INVESTMENT SUMMARY n Freehold. n Prime location in affluent Marylebone in the heart of London’s West End. n Existing building extending to 325.31 sq m (3502 sq ft) comprising ground floor garage premises and first floor residential. n Site area extends to 0.049 acres (0.02 hectares). n Potential to refurbish and reconfigure for a number of different uses, including their conversion into residential mews houses or self-contained flats, subject to obtaining all necessary consents. n Further scope to extend the properties by addition of mansards subject to obtaining all necessary consents. n Total Current Rent Reserved: £70,200 per annum plus vacant garage/office space totalling 154.09 sq m (1,659 sq ft) GIA. n Unconditional offers are invited in excess of £2,750,000, subject to existing tenancies, subject to contract.

Site outline for identification purposes only.

RARE FREEHOLD INVESTMENT & DEVELOPMENT OPPORTUNITY RARE FREEHOLD INVESTMENT & DEVELOPMENT OPPORTUNITY 3-9 HUNTSWORTH MEWS 3-9 HUNTSWORTH MEWS MARYLEBONE MARYLEBONE LONDON NW1 LONDON NW1

LOCATION Marylebone is an affluent area within the heart of London’s West End. The district is prominently located to the north of Mayfair, west of Fitzrovia and east of Paddington. The area is renowned for its high end shopping experience with locations such as Marylebone Village which provides a boutique retail offering and an abundance of cafes and restaurants and pubs, including Chiltern Firehouse, The White Company,

Matches, Space NK and Marylebone Farmers Market. W A Y Huntsworth Mews is situated off the western side of OAD RY R NDA Gloucester Place (A41), just north of Dorset Square BOU OAD D R FIEL ING Gardens. The immediate surrounding area is characterised SPR by a strong mix of residential and benefits from a number A BB AD EY T RO R LBER O CE A AD of amenities within the locality including Regents Park PRIN E C LA P ST JOHN’S WOOD E which is situated c. 0.3 miles east of the subject property, L IL V E R G London Business School, BXR and an array of restaurants Re gent’s Canal and pubsSt John’s located Wood along Marylebone High Street, P AN CR Mornington Crescent AS RO approximately 0.6 miles to the south east. AD

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LA N R A A R N K D R O O LP A H D

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R O Maida Vale O LT A LORD’S CRICKET S D REGENT’S PARK T R E E British Library GROUND T

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L C R JU E I H R D T G MAIDA VALE U C D R S L S E T A R Y E ’ E S I T N N R O A D U PA D PP R OA E K R N R R 3-9 O TO W A US O D E B M U A HUNTSWORTH MEWS R 19 MINS ID N A Euston Warren VA L Square STRATFORD E Street

T 26 MINS 7 MINS 3 MINS 8 MINS 13 MINS Russell TREE Warwick Avenue RD S D L ILFO SLOUGH EALING BROADWAY BOND STREET FARRINGDON WHITECHAPEL OA E IS Square GU R U SO LD N N Baker Street IE VE G Great Portland F A A R OM ID O BL A VE Madame Street M Marylebone BLOOMSBURY Tussauds MAIDENHEAD WEST ACTON TOTTENHAM LIVERPOOL G O W EALING MAIN LINE COURT ROAD STREET E 35 MINS R S T 4 MINS 10 MINS P R 11 MINS 6 MINS O E E R T T L A E N T D D BOURNE RRA OA S CE E R HEATHROW EBON P Goodge Street O OAD CANARY RYL L U R PADDINGTON A A S Edgware Road M TH D’ C A BAL E M EO AIRPORT WHARF P TH TWAY TO WES T N O 22 MINS 17 MINS T R T O E W G N R H E A A T M Source: Transport for London. T E E C Edgware Road P TR O MARYLEBONE OR S T U E GE R E T D T R L O T B O S A G R A D D N K E D A E R P R S TR S T E R PADDINGTON G E E T L E O T U D C Holborn OA E E R S IDG T BR E ’S R OP SH P BI S L N A DE C R E W Paddington GA E ES X D T E GW B SS A OU U R REET CONNECTIVITY S E ST RN ORE E RO WIGM T A D STREET To enham ER D OXFOR R Oxford Circus AC Court Road E COVENT The properties communications are excellent with Marylebone Bond Street (Bakerloo Line) and Edgware London Underground Station (Bakerloo,

REET OXFORD ST GARDEN District, Hammersmith & City lines) being situated a short walk away from the property whilst Paddington Station (Bakerloo, Circle,

R L E Covent E G I Marble Arch ENT N District, Hammersmith & City lines) is located 0.8 miles (1.3 km) to S AD SOHO Garden T O ATER R S E BAYSW T R R E G E A T R UE the south west. D EN E V N Y A S UR SB Leicester Square TE AF Marylebone and Paddington stations also provide access to the UK’s H OAD S Queensway ATER R BAYSW wider national rail service and express services to Heathrow Airport.

ND RA MAYFAIR ST Communications will be further improved when the Elizabeth Line P HYDE PARK A R K (Crossrail) opens at Paddington Station. LA N E ILLY Piccadilly CAD PIC Circus

Charing Cross

ALL L M Embankment RARE FREEHOLD INVESTMENT & DEVELOPMENT OPPORTUNITY Green Park PAL RARE FREEHOLD INVESTMENT & DEVELOPMENT OPPORTUNITY

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V 3-9 HUNTSWORTH MEWS 3-9 HUNTSWORTH MEWS MARYLEBONE MARYLEBONE LONDON NW1 LONDON NW1

DEVELOPMENT POTENTIAL The buildings offer potential for a number of different uses, including their conversion into residential mews houses or self-contained flats, subject to obtaining all necessary consents. There is also scope to extend the properties by the addition of mansards subject to obtaining all necessary consents.

PLANNING The property is situated within the London Borough of Westminster. DESCRIPTION TENURE We understand that the property is neither statutory listed nor locally listed. The property is situated within the Dorset Square Conservation Area. The property comprises a freehold terrace of two storey mews buildings constructed The floor currently comprises three flats. Flat 3 Freehold. from brick with a parapet wall and slate pitched roof. comprises a two bedroom flat that was fully refurbished London Borough of Westminster The ground floor comprises in total 154.09 sq m (1,659 sq ft) GIA of garage in 2013 and benefits from a private front door to street Website: www.westminster.gov.uk accommodation and is currently configured as 106.77 sq m (1,149 sq ft) GIA of office level. Flats 7 and 9 comprise 2 x one bedroom flats Tel: 020 7641 6500 accommodation and 47.32 sq m (509.34 sq ft) GIA of garage / storage accommodation. which shares front door number 7 at street level.

Sq M** Sq Ft** Unit No Floor Use Type Accommodation GIA Rent PA Tenancy Type Tenancy Start Date Tenancy End Date 3- 7 GF Garage and Premises Office 106.77 1149 Vacant 9 GF Garage and Premises Garage 47.32 509 Vacant Flat 3 1F Residential Two Bedrooms 87.98 947 £31,200 AST 5/27/20 5/26/21 Flat 7 1F Residential One Bedroom 46.17 497 £19,760 AST 3/13/20 3/12/21 Flat 9 1F Residential One Bedroom 37.07 399 £19,240 AST* 7/25/18 Periodic*

Total 325.31 3502 £70,200 FF - Flat 5 FF - Flat 3 GF - Unit 3-7

* Notice has been served to gain vacant possession for flat 9. ** Floor areas have been obtained from the managing agent. Purchasers should satisfy themselves as to the accuracy of these measurements. January 2021.

RARE FREEHOLD INVESTMENT & DEVELOPMENT OPPORTUNITY RARE FREEHOLD INVESTMENT & DEVELOPMENT OPPORTUNITY 3-9 HUNTSWORTH MEWS MARYLEBONE LONDON NW1

RATEABLE VALUE The ground floor is described as garage and premises and currently has a Rateable Value of £36,000.

VAT The property is not elected for VAT.

ANTI-MONEY-LAUNDERING A successful bidder will be required to provide information to satisfy the AML requirements when Head of Terms are agreed.

DATA ROOM The following documents are available at https://datarooms.allsop.co.uk/register/huntsworth Title documents - Floorplans - EPCs

ASKING PRICE Unconditional offers are invited in excess of £2,750,000, subject to existing tenancies, subject to contract.

For further information or to make arrangements for viewing please contact:

Owen Rees Richard How Antonia Beech 07391 407620 07917 891115 07391 865615 [email protected] [email protected] [email protected]

allsop.co.uk

Misrepresentation Act: 1. Allsop LLP on its own behalf and on behalf of the vendor/lessor of this property whose agent Allsop LLP is, gives notice that: (a) these particulars do not constitute in whole or in part an offer or contract for sale or lease; (b) none of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact; and (c) the vendor/lessor does not make or give, and neither Allsop LLP nor any of its members or any person in its employment has any authority to make or give, any representation or warranty whatsoever in relation to the property. The only representations, warranties, undertaking’s and contractual obligations to be given or undertaken by the vendor/lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor/lessor and a purchaser or tenant. 2. Prospective purchasers or tenants are strongly advised to: (a) satisfy themselves as to the correctness of each statement contained in these particulars; (b) inspect the property and the neighbouring area; (c) ensure that any items expressed to be included are available and in working order; (d) arrange a full structural (and where appropriate environmental) survey of the property; and (e) carry out all necessary searches and enquiries. The market statistics, rental and investments comparables have been supplied by third parties and their accuracy cannot be guaranteed.RARE FREEHOLD Allsop INVESTMENT is the trading & DEVELOPMENT name of Allsop OPPORTUNITY LLP. Design CommandD www.commandHQ.co.uk 01.21