Sales

Mixed use building for sale or to let – Cooperative House, 2-3 Oxford Street, Swansea

Together with our joint agents Russell Lewis Property Consultants and BP2, we are pleased to be instructed to sell or to let Cooperative House, which is a retail parade let to H&M, Nationwide and OneBeyond, with nearly 38,000sq.ft. of vacant E-class space.

The vacant space has two planning permissions, one for a 45-bed HMO and the other for a 47-bed hotel. However, the owner is willing to work with tenants on a variety of other uses.

We are open to several options, subject to contract:

A letting of the vacant space for £260,000p.a. (£6.90 per sq.ft.)

A sale of the vacant space for offers in excess of £750,000 (£19.90 per sq.ft.)

A sale of the retail parade for offers in excess of £3,500,000, showing a net initial yield of 9.77% after purchaser’s costs of 6.8%

A sale of the whole building for offers in excess of £4,250,000, showing a reversionary yield of 13.77% after purchaser’s costs of 6.8%

Hotel development site for sale – The Chapel, 48 Chapel Street, London NW1 5DP

Together with our joint agents Russell Lewis Property Consultants, we are pleased to be instructed to sell The Chapel, an 0.1 acre site with planning permission for a 40-bed hotel, a pub and a retail unit, designed by award winning architects Squire & Partners.

We are seeking offers in excess of £7,500,000, subject to contract.

Flat for sale – 11th Floor, 20 Abbey Road, St John’s Wood, London

We are selling this fully renovated, 2 bed, 2 bath flat in prestigious 20 Abbey Road.

The flat is in walking distance of Abbey Road Studios, Lord’s Cricket Ground, St John’s Wood High Street, Primrose Hill and Regent’s Park.

It’s 15 minutes from London’s Baker Street by car or train.

The flat comes with panoramic views of the London skyline, access to the swimming pool on the ground floor, underground parking and a 24-hour concierge.

2 bed | 2 bath | 881sq.ft.

We are seeking offers in excess of £1,225,000, subject to contract