The building is the only one on this grand terrace to be built of red brick.
The terrace was designed by Thomas Cundy III and built in 1868 as part of the wider Grosvenor Estate. The property comprises circa 7,104 sq ft of office accommodation arranged over lower ground to sixth floor. The building benefits from an impressive entrance and sweeping stairway. The ground and first floors have particularly good ceiling heights. All floors have very impressive views across the gardens themselves.
The property is offered in an unrefurbished condition.
Location
2 Grosvenor Gardens is located close to Victoria Station and on the doorstep of Belgravia, in the heart of SW1.
Whilst the area has a rich history of royalty and central government, it has also been part of a comprehensive regeneration over the last few years. This culminated with the Nova scheme which now provides a further huge range of restaurant and leisure amenities. The King’s Road, and particularly Duke of York’s Square, provide further retail amenity and is a short walk away.
Belgravia itself continues to provide traditionally upmarket restaurants and bars as well as the award winning Eccleston Yards scheme. The tube network has been radically improved at Victoria Station and further improvements are planned for the station itself. The property is set back from the main road in a quieter section of Grosvenor Gardens, which enjoys less traffic flow.
Accommodation
4th Floor - 970 sq ft (90.1 sq m)
3rd Floor - 1,241 sq ft (115.3 sq m)
2nd Floor - 1,119 sq ft (104.0 sq m)
1st Floor - 1,176 sq ft (109.3 sq m)
Ground Floor - 1,094 sq ft (101.6 sq m)
Lower Ground Floor - 1,504 sq ft (139.7 sq m)
Total - 7,104 sq ft (660 sq m)
Net Internal Areas - 6,699 sq ft (622.4 sq m)
Gross Internal Areas - 9,349 sq ft (868.6 sq m)
Terms
TENURE - The property is to be sold by way of a new 125 year headlease from Grosvenor Estate Subject to a 10% gearing based on rents receivable.
PROPOSAL - Offers are invited for the long leasehold interest in the property at £3,700,000 plus VAT.
PLANNING - The property is Grade II listed and within the Grosvenor Gardens conservation area.
VAT - The property is elected for payment of VAT.
EPC - The property has an EPC Rating of G.
Specification
- A Grade II listed Belgravia office / medical building overlooking the landscaped Upper Grosvenor Gardens
- Located a minute from Victoria Station – London’s second busiest transport hub
- A stunning red-brick exterior on a corner site with Hobart Place
- Within close proximity to all the varied amenities of both Nova and Belgravia
- 7,104 sq ft IPMS arranged over lower ground, ground and four upper floors