150 HARLEY STREET | LONDON W1

150 HARLEY STREET | LONDON W1
150 HARLEY ST RE E T | LO ND ON W 1
A beautifully modernised medical and residential building for sale
Located at the northern end of Harley Street on the east side, opposite the London Clinic,
this elegant, six-storey, Grade II listed house has recently been completely restored to a
demanding standard and is now an outstanding example of a listed Harley Street building
fully modernised for contemporary medical use. The basement, ground, first and second
floors offer fine medical space and the two self contained two-bedroom residential
apartments on the third and fourth floors provide excellent letting opportunities.
A lift serves the ground and lower ground floors.
Favourable licence to practise arrangements permit 12 approved practitioners to practise
from the premises.
Lower Ground to 2nd Floor Medical Space
(D1) 5,315 sq ft (491 sq m)
3rd and 4th Floor Residential Flats
1,895 sq ft (175 sq m)
Total gross internal area
7,210 sq ft (666 sq m)
Full vacant possession available or
existing occupational licences/tenancies
can be retained, which could provide
a gross income of approx. £350,000
per annum.
• L
ift between ground and lower ground
floors
• Underfloor heating to all medical rooms
• Air conditioning
• Secondary glazing
• Cat 6 cabling
• Fire and Burglar Alarm Systems
The leasehold interest is the sole asset
of a limited company. The issued share
capital may be purchased giving the
relevant stamp duty saving.
Terms
Lease: 62 years from 5 July 1987, having
approximately 34 years unexpired.
Ground Rent: £1,000 per annum, rising
in 2026 to £2,000 per annum for the
remainder of the term
Business Rates: The property is assessed
for business rates in the City of
Westminster
Rateable Value: £135,000
Rates Payable 2014/15: £67,770
Price: Offers are invited in excess of
£6,750,000 subject to contract
Key
Summary of areas and use
Medical
Use
Residential
Use
Gross Internal Area
sq ft
sq m
1,714
159
3rd Floor
Residential
1,022
94
Medical
1,557
144
4th Floor
Residential
873
81
1st Floor
Medical
1,022
94
2nd Floor
Medical
1,022
94
1,895
175
Lower Ground Floor Medical
Ground Floor
Gross Internal Area
670 sq ft - 7,210 sq m
Gross Internal Area
Total Medical
5,315
491
Total Residential
1,895
175
Total
7,210
666
sq ft
Total Residential
sq m
Fourth Floor
Ground Floor
Lower Ground
Floor
Second Floor
Third Floor
First Floor
Joint Sole Agents
Lindsay Blaaberg and Gavin Buchanan MRICS for themselves and the vendors of this property,
whose agents Lindsay Blaaberg and Gavin Buchanan MRICS are, give notice that (i) these
particulars do not constitute any part of an offer or a contract, (ii) all statements contained in these
particulars are made without responsibility on the part of Lindsay Blaaberg and Gavin Buchanan
MRICS and the vendors, (iii) whilst made in good faith, none of the statements contained in these
particulars is to be relied upon as a statement or representation of fact, (iv) any intending purchaser
must satisfy himself by inspection or otherwise as to the correctness of each of the statements
contained in these particulars, (v) the vendors neither make nor give and neither Lindsay Blaaberg
nor Gavin Buchanan MRICS nor any person in their employment has any authority to make or give
any representation or warranty whatsoever in relation to this property.
321683
020 7935 9947
21 Welbeck Street, London, W1G 8EE
M: 07775 713 530
lindsayblaaberg@medprop.co.uk