Property Investment Ref: PI01237

 

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There is little chance of a quick return to a housing boom despite the possibility of UK prices rising over the course of the year, surveyors say.

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FITZROY SQUARE

PERIOD OFFICE BUILDING FOR SALE

SUBJECT TO PLANNING

7 FITZROY SQUARE, LONDON, W1T

FREEHOLD £6.5 MILLION

 

 

GROSS INTERNAL AREA: 956.4 SQ M (10,295 SQ FT)

 

 

 

We are not retained and would require a fee to be agreed further information is available

on receipt of a L.O.I or P.O.F

 

LOCATION

The property is situated on the north eastern corner of Fitzroy Square, close to Euston Road (A501).

 

The premises are approximately 150 metres from Warren Street (Victoria & Northern Line) Underground Station and Euston (Mainline) Station.

 

 

DESCRIPTION

A five storey Grade I listed office building.

 

ACCOMMODATION

 

PLANNING

Planning permission sought to provide one residential house and seven apartments to the rear.

 

 

TERMS

 

 

 

Tenure

Freehold

 

 

Price

£6.5 million

 

 

Rates

We have been advised that as of 1 April 2005 the rateable value is £169,000.  Rates payable for this financial year are £75,036

 

 

VAT

VAT may be applicable on this property

 

 

Legal Costs

Each party are to bear their own legal and surveying costs incurred in this matter.

 

 

Viewing

Strictly by appointment