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28 Bolton Street 28 Bolton Street MAYFAIR LONDON W1 A rare freehold Mayfair townhouse offered with vacant possession of the offices and with permission to revert into residential apartments Investment Summary A rare and unique freehold opportunity in London’s most exclusive business and residential district Super prime location in the heart of Mayfair, in close proximity to Green Park Attractive period building comprising 5,343 sq ft NIA (8,020 sq ft GIA) of office accommodation arranged over lower ground, ground and five upper floors Immediate locality undergoing significant repositioning with a number of landmark developments including The Clarges Estate and 60 Curzon Street that are revitalising the area Of interest to owner occupiers and investors Benefits from vacant possession with the opportunity to undergo a refurbishment creating Grade A office accommodation March 2016 planning permission to convert 28 Bolton Street to prime residential apartments Offers are invited in excess of £13,500,000 reflecting a capital value of £2,527 per sq ft NIA (£1,684 per sq ft GIA) 2 3 Knightsbridge Hyde Park Park Lane Hyde Park Corner Buckingham Palace Gardens Piccadilly Bolton Street Berkeley Square Green Park Green Park Bond Street 4 5 Location Connectivity 28 Bolton Street is situated at the very heart of Mayfair. Steeped 28 Bolton Street benefits from Mayfair’s fully integrated in history and globally recognised as a destination of wealth and transport network with Green Park Underground station financial expertise, Mayfair’s reputation is undoubted as one of the just 130 metres east of the building, providing direct access world’s most prestigious business and residential district. Much of to the Piccadilly, Victoria and Jubilee lines. Additionally, Mayfair’s freehold land remains in the ownership of the Grosvenor Bond Street and Piccadilly Circus Underground stations Estate. This has delivered a cohesive estate management strategy, are all within walking distance highlighting the super upholding occupier appeal and ensuring that Mayfair continues to connectivity of the location. Less than 850 metres to retain its global reputation. the north of the property is the entrance to Bond Street Underground station. This station is currently served by the Mayfair is home to a multitude of corporate headquarters, private Central and Jubilee lines with connectivity being further equity houses and hedge funds in addition to several private client enhanced with the opening of the Elizabeth Line in 2022 banks, with key occupiers including Blackstone Group, Qatari Diar and (Crossrail). Glencore. Surrounded by many of the most exclusive retail and leisure destinations in London with an unrivalled selection of prestigious The Elizabeth Line is London’s largest infrastructure art galleries, museums and auction houses, Mayfair is a sought-after improvement in a generation. It will be served by 48 trains location for both commercial and residential global wealth. per hour, increasing Central London’s rail capacity by 10% - the largest increase since Victorian times. Travel across 28 Bolton Street is particularly desirable due to its proximity to Green the city will be faster with great links between the major Park, providing over 40 acres of open parkland next to Buckingham commercial and business districts, connecting Bond Street Palace. This brings added appeal and amenity for occupiers and to Liverpool Street and Canary Wharf in as little as residents alike. 7 minutes and 13 minutes respectively. WalkGreen Times Bond Hyde Park Piccadilly Oxford Park Street Corner Circus Circus Green Bond Hyde Park Piccadilly Oxford 03Park Street09 Corner11 Circus12 Circus14 03 09 11 12 14 The Elizabeth Line (Crossrail) Bond Tottenham Paddington Liverpool Canary Heathrow Street Court Road Street Wharf Airport Bond Tottenham Paddington Liverpool Canary Heathrow ELIZABETHStreet LINE Court01 Road 03 Street07 Wharf13 Airport26 ELIZABETH LINE 01 03 07 13 26 Proposed journey times travelling from Bond Street Station 6 7 G L O U C E S T E R P L A C E G L O U C E S T E R P L Occupiers & AmenitiesA C E P O R T Restaurants Local Occupiers Private Members’ Clubs Hotels L A N D P L 01. Sexy Fish 01. Blackstone Group 01. The Arts Club 01. Browns HotelA C 02. Amazonico 02. WPP 02. Alfred’s 02. The May Fair E 03. Hakkasan 03. Lazards 03. Annabel's 03. The Connaught 04. Novikov 04. Qatari Diar 04. George 04. Flemings Mayfair 05. Murano -Angela 05. Qatar National Bank 05. The Little House 05. The Ritz Hartnett 06. Norges Bank Investment 06. 5 Hertford Street 06. London Hilton on Park G R 06. The Wolesley Management Lane E 07. 12 Hay Hill A T T 07. Le Comptoir Robuchon 07. Glencore 07. Claridge’s I 08. The Lansdowne T C H 08. Hide 08. Eurobank Private Bank 08. The Dorchester F 09. Mark’s Club I E L D 09. Isabel 09. Bank J Safra Sarasin 09. 45 Park Lane 10. The Kennel Club S T R E Group 10. Scott’s 10. The Chesterfield Mayfair E 10. Evercore Partners T MO RTIM ER ST REET D U K E S T R E OX U E PPE FOR R B T Bond D Oxford ROO STR K STR EE EET Street T Circus EAS TCAS TLE P LACE GROSVENOR SUARE B ROOK ST N REET HANOVER E 07 W D SUARE A B V O I E N S D S 04 S T T R R 03 E E 05 E E T 10 T 02 08 04 M O C UNT T S A TREE EE T R T ST R E P IT N E 02 U A D N A R R O T C B K S Y L Y S A E T N L T. R E S E D TON BRU E U 01 T A 03 09 H T U O BERKELEY 02 S R SUARE E G NEW 10 E O S X N FO 03 A RD T S V T RE S I ET L T 09 E 09 09 R 01 06 R E HYDE PARK P E O A ET RE T GOLDEN S ST W R 09 HARLE C K SUARE L 08 A 10 07 N E 02 01 REET 06 05 ER ST 05 BREW O 01 L 06 D REET ST ZON 04 B UR BOLTON STREET C O 02 SHAFTESBURY AVENUE N 07 D 10 04 03 S T R E 07 E 08 T Piccadilly 08 06 PICCADILLY Circus S 05 T J A Y M ADILL E C R PIC S JERMYN STREET ’ E S G S E T Green N R T E E Park S T GREEN PARK T R E E T Map not to scale, indicative only CO NS TI TU TI ON H IL 8 L 9 Local Developments 01 Clarges Estate 02 Lansdowne House 03 60 Curzon Street 04 94 Piccadilly Developed by British Land in 2016, A landmark building on historic 60 Curzon Street is an art deco Planning permission has been it has dramatically improved the Berkeley Square with planning inspired building delivering obtained by the Reuben Brothers Recent redevelopment activity in and around Bolton Street is revitalising the streetscape and raised the profile permission to undertake a the highest quality residential to convert the former home of Lord micro location, further improving the quality of occupiers in the immediate vicinity. of Bolton Street. As a landmark redevelopment to provide a high- accommodation by way of a joint Palmerson, together with associated Adjoining the property to the south is the recently developed Clarges Estate, while Squire & Partners designed, quality, sustainable commercial venture between Cindat Capital buildings into an exclusive hotel with to the north are two exciting developments currently under construction. mixed-use scheme, it has set a building. The development will Management, CITIC Capital and public entertainment facilities and new standard for contemporary comprise 240,000 sq ft of office and Brockton Capital. Construction is seven residential dwellings. architecture in Mayfair. It comprises retail accommodation and is due for underway and will deliver 32 private of some of the most exclusive office completion in 2026. residential apartments benefitting accommodation and luxurious from a shared south facing garden. residential space in Central London. Berkeley Square 02 Curzon Street 05 61 Curzon Street 06 One Berkeley Street 07 Carrington Street 08 65 Curzon Street 08 Street Berkeley 05 This will deliver a prestigious new- This gateway development will The redevelopment of Carrington 65 Curzon Street (Nightingale House) build office development comprising provide a 184-key hotel (1 Hotel, Street Car Park by Motcomb Estates has planning for redevelopment 03 just under 19,000 sq ft of Grade A London, Mayfair) as well as 60,000 will deliver 30 residential units, to provide 42 apartments and a Stratton Street Bolton Street office accommodation arranged sq ft of office and 20,000 sq ft of offices, an art gallery, restaurant and retail arcade (The Berkeley Arcade over eight floors. The corner prime retail. retail. This development will continue Residences) crucially linking Stratton Clarges Street 07 building is contextually designed the re-positioning of the Shepherd Street and Curzon Street as well as and is targeting a BREEAM rating of Market area which has already been regenerating the east end of Curzon 01 Excellent. advanced significantly by 5 Hertford Street. 04 Street. 06 Piccadilly Green Park Map not to scale, indicative only 10 11 The History The Building Residential Potential In 1708 Bolton Street was known as the westernmost street Since 1920 it has been in commercial use as a home and 28 Bolton Street is a rare freehold property providing office There is a Certificate of Lawfulness, dated 14/8/17 in London and by 1770 formed the eastern edge of Mayfair, premises of solicitors Clarke, Clarke & Square.
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