Plot for sale
Key information
Property description & features
- Tenure: Freehold
- Grade II Listed
- EPC Rating for Commercial Areas of Building: F
- Parking for up to eight vehicles across the four garages (depending on size of vehicle)
- EPC Rating for Lower Ground Flat: C
- Period
- Terraced
- Town/City
- Town House
- Four or more Garages
DEVELOPMENT POTENTIAL
The Property:
The current use of the property is Use Class E and therefore could change use to:
• Retail: Display or retail sale of goods, other than hot food
• Restaurant: Sale of food and drink, for consumption on the premises
• Leisure: Indoor sport, recreation or fitness
• Medical: Medical or Health Services
• Creche: Nursery or day centre
• Offices: Research and light industrial
Residential Potential:
• Full planning permission was granted on 26 August 2015 for the change of use from office space (Use Class E) to a single family dwellinghouse (Use Class C3)
• The planning grants a rare opportunity to convert 139 Piccadilly into an impressive townhouse measuring circa. 15,339 sq ft
• The planning also grants for the excavation of a part basement, creation of terrace on the roof and creation of courtyard at the rear ground floor level
• Planning was granted under reference 14/11168/FULL and implemented on 29 May 2018 under reference 18/02453/CLEUD
• The listed building consent runs alongside the main planning application under reference 14/11168/LBC
• The development is free of any Section 106 or CIL contributions
• There is no affordable housing
Value Add Opportunities:
• Each floor has exceptional floorplates of circa. 2,500 sq ft and with an existing lift the Property lends itself well for a subdivision of the property into apartments subject to necessary planning consent.
Running from Piccadilly Circus in the east to Hyde Park Corner in the west, Piccadilly is home to several well-known landmarks including Fortnum & Mason Department Store, the Ritz Hotel, and the Royal Academy of Arts. It is well positioned for all that Mayfair and the West End have to offer, with easy access to the world-class shopping of Mount Street and Bond Street, as well as the majority of London's Michelin starred restaurants.
Steeped in history and tradition, Mayfair is the sophisticated and luxurious epicentre of cosmopolitan London, with its boutique shops, art galleries, designer labels and café culture. It is also home to the capital's largest concentration of 5-star hotels and private members' clubs. The property is ideally located for the open spaces of Green Park and Hyde Park, and there are excellent transport links nearby, including Hyde Park Corner and Green Park Tube Stations.
Property information from this agent
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*DISCLAIMER
Property reference WER012276965. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Knight Frank - Mayfair.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on April 24, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on April 24, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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