London Commercial Building IRO

IRO Details

Status: Upcoming

Key Facts

Address: 5 West Halkin Street, London SW1, United Kingdom

IRO value: $4,284,000

IRO date: To be announced

IRO duration: 28 days

This property is at No.5 West Halkin Street is a Grade II listed office building situated in the heart of Belgravia. It is conveniently located for easy access to Knightsbridge and Sloane Square underground stations and Victoria mainline, underground and bus stations. The premises therefore have good access to Gatwick and Heathrow airports. Belgravia is a truly world class location and is one of the most desirable addresses in Europe, convenient for Michelin-starred restaurants, luxury hotels, flagship stores, boutique retailers, royal parks and numerous cultural sites.

The Grade II Listed premises are arranged over the lower ground, ground and four upper floors, benefitting from their own ground floor entrance and a secondary lower ground floor entrance.

The ground floor connects to No. 4 West Halkin Street. The accommodation generally provides cellular offices, showrooms and workshop. There is a small courtyard at the rear of the premises and secure vault storage accessed from the lower ground floor and used as strong rooms. "

Factsheet

Property Type: Grade II Office Building

Lot Size: 2,654 sq ft of accommodation arranged over lower ground, ground & four upper floors

Lease: A new 123 year lease at a ground rent of a peppercorn

Rent: £118,750 per annum (£44.74 per sq ft)