1 Hobart Place, Victoria, SW1
- Long Leasehold
- Vacant Possession
- Self Contained
- Newly Refurbished
Property SummarySuperbly Refurbished Period Office Building
The building is at the end of an attractive terrace of period buildings on the South side of Hobart Place between Eaton Square and Grosvenor Gardens in Belgravia. The area is well served by hotels, restaurants and several household name retailers based in Victoria Street.
1 Hobart Place offers the opportunity to own and occupy a long leashold self-contained building in this prestigious locality. The building is an attractive Grade II Listed former townhouse which has recently been extensively refurbished to provide high quality office accommodation whilst retaining many of the original features.
Terms & Tenure
The property is held on a Long Leasehold basis, from Grosvenor West End Properties for a term to June 2076 (approximately 55 years remaining).
The annual ground rent is equal to 50% of the open market rental value. The current passing rent is £98,000 pa subject to review at every 5th anniversary of the term.
The property is to be sold on an unconditional basis, subject to contract, survey and superior landlord consent only.
VAT The property is elected for VAT