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Mayfair 11-15 Farm St

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Mayfair 11-15 Farm St MAYFAIR 11-15 FARM ST. W1 MAYFAIR 11-15 FARM ST. W1 INVESTMENT SUMMARY Rare opportunity to acquire a Mayfair freehold interest • Located in the heart of Mayfair, adjacent to the world renowned Berkeley Square • Over 60% of Mayfair freeholds are owned by the London Estates; 11-15 Farm Street presents an exceptional opportunity to purchase a Mayfair freehold interest • Total net internal area (NIA) including reception and parking of 7,184 sq ft (667.5 sq m) and 8,804 sq ft (818 sq m) gross internal area (GIA) over ground to third floors • Planning consent for redevelopment to a residential dwelling house which will increase the existing massing to 13,228 sq ft (1,229 sq m) GIA • Very rare opportunity to redevelop a new build single residential dwelling in Mayfair • Potential to comprehensively refurbish or redevelop office accommodation (subject to obtaining the necessary planning consents) • Full vacant possession available in September 2018. All leases are Outside the Landlord & Tenant Act 1954 • We are instructed to seek offers in excess of£20,000,000 subject to contract and exclusive of VAT MAYFAIR 11-15 FARM ST. W1 THE MALL 5 4 PICCADILLY 3 REGENT BOND STREET STREET 3 2 7 4 1 8 11 1 2 OXFORD STREET 11-15 FARM STREET 5 MOUNT STREET 6 9 For indicative purposes only. MAYFAIR 11-15 FARM ST. W1 FARM STREET IS LOCATED 5 IN THE CENTRE OF MAYFAIR IN LONDON’S WEST END. 6 PLACES OF INTEREST 1. BERKELEY SQUARE 2. NEW BOND STREET 3. REGENT STREET 4. ST. JAMES’S SQUARE 5. ST. JAMES’S PARK 7 6. BUCKINGHAM PALACE 7. GREEN PARK 8. MOUNT STREET GARDENS 9. MOUNT STREET 10. THE DORCHESTER 11. HANOVER SQUARE CURZON STREET OFFICE OCCUPIERS 1. BLACKSTONE GROUP 2. WPP PARK 3. LAZARDS LANE 4. THE CARLYLE GROUP 5. LANDSDOWNE PARTNERS 6. CAIN HOY CAPITAL / AGC EQUITY PARTNERS SOUTH 7. ARCELORMITTAL AUDLEY STREET 8. BANK J. SAFRA SARASIN 8 10 MAYFAIR 11-15 FARM ST. W1 MAYFAIR 11-15 FARM ST. W1 LOCATION Farm Street located in the centre of Mayfair in London’s West Gymkhana, Bellamy’s and The Araki. The area contains some End. The property is situated 100 metres to the west of of the world’s most famous hotels – The Ritz, Claridges, The Berkeley Square which is internationally recognised as one Dorchester, The Connaught and Hilton Park Lane. There are of the most prestigious office locations in Mayfair and the world. a wide range of London’s private members clubs to choose The area is home to the most exclusive real estate in London from including Annabel’s, The Art’s Club, Morton’s, Little House and is steeped in history and heritage. It is traditionally regarded as Mayfair, Mark’s Club and 5 Hertford Street. one of the most desirable business addresses in the world being The area is further famed for its world renowned retailing with the preferred headquarters location for a large number of market- nearby Bond Street and Oxford Street hosting an abundance of leading national and international corporations. Mayfair’s global luxury brands. Including Cartier, Burberry, Ralph Lauren, Hermes, reputation for luxury homes has seen unprecedented demand Chanel, Louis Vuitton, Prada and Tiffany & Co. Mount Street for high-end residential property in recent years. has emerged over the past decade as a niche luxury retailing The location is synonymous with London’s finest restaurants, destination in its own right, home to designers such as Celine, bars, hotels and private members clubs. Exclusive restaurants Moynat, Simone Rocha, Marni, Lanvin, Goyard, Marc Jacobs, situated nearby include Scott’s, Sexy Fish, Nobu, Jamavar, Nicky Clarke and Carolina Herrara. THE HISTORY OF BERKLEY SQUARE - BERKELEY SQUARE THE FUTURE Berkeley Square, adjacent to the property, was original laid out Major landowners, led by the Grosvenor Estate, have submitted in the mid-18th Century by the eminent architect William Kent proposals to subtly transform Berkeley Square by removing the as an opulent residential area. Kent named the square after the current parking and replacing this with wide English Pennine Berkeleys, an aristocratic Gloucestershire family whose London stone paving and managing the flow of vehicular traffic by home, Berkeley House, was situated nearby until 1733. The five introducing a two-way system on Davies Street. A number of acre square includes a parade of 220 year old London plane Glade Trees are set to be introduced alongside the installation trees. Famous residents have included Sir Winston Churchill of high quality street furniture and public art to enhance the and Charles Rolls, the co-founder of Rolls Royce. overall experience of the square This improvement to the public realm is set to enhance this already highly sought after area. OXFORD CIRCUS OXFORD STREET 7 BOND STREET HANOVER MAYFAIR 6 OXFORD STREET 11-15 FARM ST. W1 SQUARE 5 MARBLE ARCH WEST END 6 KEY NEW BOND STREET 11 1 ● Restaurants REGENT STREET GROSVENOR ST 1. The Greenhouse DAVIES STREET GROSVENOR 11 2. Le Gavroche CONDUIT STREET 3. Hakkasan 9 4. Nobu 1 SAVILE ROW 5. Cecconi’s 6. Sketch 2 SQUARE 11-15 FARM ST 7. Sexy Fish 1 4 8. Jamavar 8 SOUTH AUDLEY STREET BRUTON STREET 9. Gymkhana PARK STREET 1 BERKELEY 3 5 PICCADILLY CIRCUS 10. Bellamy’s OLD BOND STREET 11. The Araki SQUARE 8 1 MOUNT STREET 7 2 ● Hotels MOUNT STREET GARDENS 1 2 1. The Mayfair Hotel FARM STREET 2. Brown’s Hotel BERKELEY STREET PARK LANE 2 3. The Dorchester 4 9 4. The Hilton MAYFAIR 6 1 JERMYN STREET HYDE PARK 1 PICCADILLY 5. The Metropolitan 2 6. Four Seasons SOUTH STREET 1 7. The Ritz CHARLES STREET STRATTON STREET 8. Le Meridien Piccadilly ST JAME’S SQUARE 3 7 9. The Westbury 3 10. Claridge’s GREEN PARK ST JAME’S STREET 11. Marriott Grosvenor Square 12. Millennium Hotel CURZON STREET PALL MALL 13. The Connaught 5 14. Grosvenor House ● Retail 4 1. Fortnum & Mason P A 2. Burlington Arcade R K 5 ST AMSS 3. Harvey Nichols L A THE SERPENTINE N 4. Harrods E PICCADILLY 5. Fenwick 6 3 6. Liberty 7. Selfridges ● Places of Interest GREEN 1. Buckingham Palace PARK THE MALL 2. Royal Academy ST AMSS 3. St Jame’s Palace PARK HYDE PARK CORNER ● Member’s Clubs SOUTH CARRIAGE DRIVE CONSTITUTION HILL 1. Annabel’s 2. The Art’s Club 3. Little House Mayfair 4. Morton’s KNIGHTSBRIDGE KNIGHTSBRIDGE 5. 5 Hertford Street 3 GROSVENOR PLACE 6. Mark’s Club BUCKINGHAM 1 PALACE GARDENS 4 OXFORD CIRCUS OXFORD STREET 7 BOND STREET HANOVER MAYFAIR 6 OXFORD STREET 11-15 FARM ST. W1SQUARE 5 MARBLE ARCH WEST END 6 NEW BOND STREET 11 1 GROSVENOR ST REGENT STREET DAVIES STREET GROSVENOR 11 CONDUIT STREET 9 1 SAVILE ROW 2 SQUARE 11-15 FARM ST 1 8 4 SOUTH AUDLEY STREET BRUTON STREET PARK STREET 1 BERKELEY 3 5 PICCADILLY CIRCUS OLD BOND STREET SQUARE 8 1 MOUNT STREET 7 MOUNT STREET 2 GARDENS 1 2 FARM STREET BERKELEY STREET PARK LANE 2 4 9 HYDE PARK MAYFAIR 6 1 JERMYN STREET 1 2 PICCADILLY SOUTH STREET 1 CHARLES STREET STRATTON STREET ST JAME’S SQUARE 3 7 3 GREEN PARK ST JAME’S STREET CURZON STREET PALL MALL 5 4 P A R K 5 ST AMSS L A THE SERPENTINE N E PICCADILLY 6 3 GREEN PARK THE MALL ST AMSS PARK HYDE PARK CORNER SOUTH CARRIAGE DRIVE CONSTITUTION HILL KNIGHTSBRIDGE KNIGHTSBRIDGE 3 GROSVENOR PLACE BUCKINGHAM 1 PALACE GARDENS 4 For indicative purposes only. MAYFAIR 11-15 FARM ST. W1 MAYFAIR 11-15 FARM ST. W1 SITUATION Well positioned at the quieter eastern end of Farm Street, the property benefits from an abundance of natural light thanks to unbroken views down Hays Mews, to the front, and Mount Street Mews, to the rear. Farm Street is popular with both office and residential occupiers owing to its quiet backdrop relative to its central London location. Farm Street comprises a mix of high end single dwellings and apartments as well as a number of office buildings. The Street’s famous Punchbowl pub is 150 metres to the west of the property. Mount Street, to the north of the property, can be accessed via Mount Street Gardens. Grosvenor Square and Berkeley Square are situated to the north and east respectively whilst the open spaces of Hyde Park and Green Park are within 500 metres of the property. The exclusivity of ownership within this world renowned micro-location is a rare opportunity for investors, owner occupiers and developers alike. MAYFAIR 11-15 FARM ST. W1 MOUNT STREET MAYFAIR 11-15 FARM ST. W1 COMMUNICATIONS Farm Street benefits from excellent connectivity being within easy walking distance of both Bond Street (Central and Jubilee lines) and Green Park (Jubilee, Piccadilly and Victoria lines) London Underground stations. The Elizabeth line (Crossrail) opens at Bond Street station in late 2018 providing a new high frequency, high capacity railway servicing 40 stations improving the east / west link for London and the South East. Following the arrival of the Elizabeth line, journey times from Bond Street to Liverpool Street and Heathrow will take just 7 minutes and 27 minutes respectively. MAYFAIR 11-15 FARM ST. W1 DESCRIPTION 11-15 Farm Street comprises a modern office building arranged over ground and three upper floors. The building fronts Farm Street with excellent uninterrupted views south down Hay’s Mews. The ground floor office benefits from a private courtyard whilst the upper floors have rear views over Mount Street Mews through to Carlos Place. The third floor office benefits from a small terrace whilst roof lights provide excellent natural light.
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