Learn more about this property online at:
https://www.colliers.com/p-gbr3022602
https://www.colliers.com/p-gbr3022602
- For sale
Situated in a prime St James’s location, the most prestigious and important commercial district in London’s West End. 96–97 Jermyn Street is a prominent mixed-use property comprising retail and office accommodation arranged over basement, ground and four upper floors totalling 7,185 sq ft.
2 Ormond Yard is a freehold mews townhouse, sold off on a 250-year lease, from April 1998, at a peppercorn rent. 96 Jermyn Street comprises a prime Jermyn Street retail unit and upper floors, single let to Harvie & Hudson for a further 12 years. 97 Jermyn Street comprises a flagship retail unit with return frontage along Duke of York Street let to Harvie & Hudson for a further 12 years with upper floor offices, fully let to three boutique occupiers. The properties are let to four tenants producing a total income of £577,800 per annum, reflecting an average retail rent of £136 psf and a low average office rent of £52.50 psf.
Offers in excess of: £18,000,000
NIY: 3.01%
CV: £2,505 psf
2 Ormond Yard is a freehold mews townhouse, sold off on a 250-year lease, from April 1998, at a peppercorn rent. 96 Jermyn Street comprises a prime Jermyn Street retail unit and upper floors, single let to Harvie & Hudson for a further 12 years. 97 Jermyn Street comprises a flagship retail unit with return frontage along Duke of York Street let to Harvie & Hudson for a further 12 years with upper floor offices, fully let to three boutique occupiers. The properties are let to four tenants producing a total income of £577,800 per annum, reflecting an average retail rent of £136 psf and a low average office rent of £52.50 psf.
Offers in excess of: £18,000,000
NIY: 3.01%
CV: £2,505 psf
