29 Pall Mall, London SW1

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Long Leasehold For Sale - Prime Iconic London location

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Summary

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• Self contained office with its own front door onto Pall Mall, one of Londons most iconic addresses 

• 101 sqm  / 1,088 sqft of accommodation on Ground and Lower Ground Floors

• Fitted to a high specification throughout, Air Conditioned, Kitchen, WC

• Let to Fraser Yachts Ltd for a term of 3 years from the 1st September 2019 (exp. 2022) at a rent of £76,160 per annum exclusive

• Tenure - Long lease 125 years from 25th March 2001 (105 years unexpired)

• Purchase price £1,500,000, subject to contract and exclusive of VAT, reflecting a net initial yield of 4.80% after purchasers costs.  The Long Lease is held by a UK SPV which can be acquired.