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5-7A Kendrick Mews
London SW7 3HG

15, 15a Reece Mews & 5-6 and 7a Kendrick Mews · Office Property For Sale

Investment Highlights

  • The properties are located between Harrington Road and Old Brompton Road
  • Mixed uses investment with redevelopment potential
  • 4 minutes’ walk west of South Kensington (Piccadilly, Circle & District Line Station)

Executive Summary

Situated in a traditional cobbled London mews in prime South Kensington, these properties span between Reece and Kendrick Mews providing a mix of commercial and residential uses totalling around 9,500 sq ft presenting a great opportunity to hold as an investment or to refurbish and redevelop.
• Mixed use: residential 57%, commercial 43%
• Fully let producing £435,215 pa with ability to obtain vacant possession
• Scope to increase income by asset management
• Real potential to add additional floors (previously consented)
• Scope to rationalise uses by swapping commercial and resi uses within the block
• Off street parking
• Guide price £10m (£1,068 per sq ft / c. 4.1% net yield)
Full details, including floor plans and brochure can be downloaded on the website

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Tenure
Freehold
Building Size
9,360 SF
Building Class
B
Year Built
1900
Price
$12,141,351
Price Per SF
$1,297
Cap Rate
4.32%
NOI
$523,995
Percent Leased
57%
Building Height
3 Stories
Typical Floor Size
3,120 SF
  • Listing ID: 28879888

  • Date on Market: 6/29/2023

  • Last Updated:

  • Address: 5-7A Kendrick Mews, London SW7 3HG

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