AcquisitionLondon
22 Bruton Street, Mayfair, W1
Acquisition of 22 Bruton Street, Mayfair
The leasehold interest in 22 Bruton Street, London, W1 has been purchased by a private client of Nightingale Partners for in excess of £7,000,000.
The property is located in the heart of Mayfair on the north side of Bruton Street, looking over Berkeley Square. It comprises a prime Mayfair office, retail and residential investment, extending to 10,419 sq ft (967.98 sq m) and is held under a head lease expiring in 2029 at a fixed rent of £300 per annum.
The property is let to a number of high profile office tenants with a prime retail unit trading as Maison Margiela on the ground floor.
The total net income from the office and retail elements is £598,500. The residential element is currently vacant.
