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Investment Highlights
- Newly re-developed building with medical or adult education use.
- Good floor-to-ceiling heights.
- Regular and efficient floorplates.
- Located in Mayfair, London’s most exclusive submarket.
- High levels of natural light.
Executive Summary
Unique opportunity to purchase a newly re-developed Mayfair building with excellent optionality for medical or adult educational users
Located in Mayfair, London's most exclusive submarket Attractive period building, redeveloped behind a Grade II listed facade, comprising 5,718 sq ft (GIA) Finished to shell and core, ready for the new owner or occupier to create their own unique operational space Permitted for use as a medical centre (Class E) or adult education training facility (Class F1) The floorplates benefit from regular, efficient configuration, high levels of natural light and good floor-to ceiling heights Offered with the benefit of full vacant possession, of interest to owner occupiers and investors alike New 125 year leasehold interest from the Grosvenor Estate at a Ground Rent of £17,500 per annum subject to five yearly RPI reviews Offers are invited in excess of £6,500,000, subject to contract and exclusive of VAT. A purchase at this level reflects a capital value of £1,137 per sq ft
14 North Row is located in Mayfair, one of London's most prestigious sub markets, due to its supreme elegance, characterised by designer retail, Michelin-star restaurants, exclusive members clubs and five- star hotels providing occupiers with the best that London has to offer.
14 North Row is situated between Hyde Park and Grosvenor Square at the western end of North Row. This prime location runs parallel to Oxford Street, London's highest ranked street in terms of footfall with over 120 million visitors annually. (Apr 23-24, NWEC).
In addition the property sits in very close proximity to the well established medical clusters of Wigmore Street (5 minute walk) and Harley Street (10 minute walk).
The property benefits from excellent transport connectivity. Bond Street (Jubilee, Central, and Elizabeth lines) and Marble Arch (Central line) Underground stations are just a short walk away. Providing easy access around London to national rail services and international airports. Additionally, the opening of the Elizabeth line at Bond Street Station, along with new ticket halls and access points at Hanover Square and Davies Street, has significantly improved connectivity.
14 North Row is an attractive Grade II listed building that was originally built in 1898. The building has been newly redeveloped behind a listed façade, comprising 5,718 sq ft of Gross Internal Area (GIA), arranged over lower ground, ground and two upper floors. In addition the property benefits from a rear courtyard, terrace and bike store.
The building has been finished to shell and core, as per the Base Build Specification (Appendix 1), including:
Existing roof removed, new non-combustible insulation and slate roof reinstalled. New concrete slab on lower ground and ground floor. Existing timber floors on the 1st and 2nd floors have been structurally upgraded to 2.5kPA and levelled with fire-resistant screed board. New reinforced concrete lift shaft.
14 North Row has the perfect blend to attract a wealthy clientele. It offers the best amenities in London and capitalises on the affluence of Mayfair and Marylebone's residential and business catchment, With its discrete location within the W1 medical cluster and proximity to leading educational providers, it embodies the pinnacle of prestige and convenience.
14 North Row features a prominent double frontage onto North Row and is self contained, creating an opportunity for owner occupiers to 'brand' the entire building. The property has been delivered shell and core, open plan with highly flexible floorplates, making it particularly well-suited to medical or educational use.
A new long leasehold interest will be granted for a term of 125 years from the Grosvenor Estate at a Ground Rent of £17,500 per annum subject to five yearly RPI reviews.
Floors Lower ground and ground floors New concrete slab on lower ground and ground floor. Final floor finish.
Walls, Linings, Doors & Windows Lower ground walls Drained cavity system to all basement walls/floor, including vaults. Timber battens for tenant linings. Insulation and linings.
Retained brick walls to ground, L1 & L2 Breathable thermal render to retained external walls. Insulation and linings.
External doors External doors to main entrance and terrace External doors with actuators to cycle storage. N/A External stable doors to front elevation.
Roof Roof Existing roof removed, new non-combustible installation and slate roof reinstalled. N/A Planting Planters installed to terrace. Green roof to cycle store. Top soil and planting to meet biodiversity requirements.
Water 25mm MDPE single connection to basement plantroom by Thames Water. Final design, supply and install of all cold and hot water installations.
(external). Capped drainage connections to sewer.
Located in Mayfair, London's most exclusive submarket Attractive period building, redeveloped behind a Grade II listed facade, comprising 5,718 sq ft (GIA) Finished to shell and core, ready for the new owner or occupier to create their own unique operational space Permitted for use as a medical centre (Class E) or adult education training facility (Class F1) The floorplates benefit from regular, efficient configuration, high levels of natural light and good floor-to ceiling heights Offered with the benefit of full vacant possession, of interest to owner occupiers and investors alike New 125 year leasehold interest from the Grosvenor Estate at a Ground Rent of £17,500 per annum subject to five yearly RPI reviews Offers are invited in excess of £6,500,000, subject to contract and exclusive of VAT. A purchase at this level reflects a capital value of £1,137 per sq ft
14 North Row is located in Mayfair, one of London's most prestigious sub markets, due to its supreme elegance, characterised by designer retail, Michelin-star restaurants, exclusive members clubs and five- star hotels providing occupiers with the best that London has to offer.
14 North Row is situated between Hyde Park and Grosvenor Square at the western end of North Row. This prime location runs parallel to Oxford Street, London's highest ranked street in terms of footfall with over 120 million visitors annually. (Apr 23-24, NWEC).
In addition the property sits in very close proximity to the well established medical clusters of Wigmore Street (5 minute walk) and Harley Street (10 minute walk).
The property benefits from excellent transport connectivity. Bond Street (Jubilee, Central, and Elizabeth lines) and Marble Arch (Central line) Underground stations are just a short walk away. Providing easy access around London to national rail services and international airports. Additionally, the opening of the Elizabeth line at Bond Street Station, along with new ticket halls and access points at Hanover Square and Davies Street, has significantly improved connectivity.
14 North Row is an attractive Grade II listed building that was originally built in 1898. The building has been newly redeveloped behind a listed façade, comprising 5,718 sq ft of Gross Internal Area (GIA), arranged over lower ground, ground and two upper floors. In addition the property benefits from a rear courtyard, terrace and bike store.
The building has been finished to shell and core, as per the Base Build Specification (Appendix 1), including:
Existing roof removed, new non-combustible insulation and slate roof reinstalled. New concrete slab on lower ground and ground floor. Existing timber floors on the 1st and 2nd floors have been structurally upgraded to 2.5kPA and levelled with fire-resistant screed board. New reinforced concrete lift shaft.
14 North Row has the perfect blend to attract a wealthy clientele. It offers the best amenities in London and capitalises on the affluence of Mayfair and Marylebone's residential and business catchment, With its discrete location within the W1 medical cluster and proximity to leading educational providers, it embodies the pinnacle of prestige and convenience.
14 North Row features a prominent double frontage onto North Row and is self contained, creating an opportunity for owner occupiers to 'brand' the entire building. The property has been delivered shell and core, open plan with highly flexible floorplates, making it particularly well-suited to medical or educational use.
A new long leasehold interest will be granted for a term of 125 years from the Grosvenor Estate at a Ground Rent of £17,500 per annum subject to five yearly RPI reviews.
Floors Lower ground and ground floors New concrete slab on lower ground and ground floor. Final floor finish.
Walls, Linings, Doors & Windows Lower ground walls Drained cavity system to all basement walls/floor, including vaults. Timber battens for tenant linings. Insulation and linings.
Retained brick walls to ground, L1 & L2 Breathable thermal render to retained external walls. Insulation and linings.
External doors External doors to main entrance and terrace External doors with actuators to cycle storage. N/A External stable doors to front elevation.
Roof Roof Existing roof removed, new non-combustible installation and slate roof reinstalled. N/A Planting Planters installed to terrace. Green roof to cycle store. Top soil and planting to meet biodiversity requirements.
Water 25mm MDPE single connection to basement plantroom by Thames Water. Final design, supply and install of all cold and hot water installations.
(external). Capped drainage connections to sewer.
Property Facts
| Price | $8,746,400 | Building Class | B |
| Price Per SF | $1,529.63 | Building Size | 5,718 SF |
| Sale Type | Investment or Owner User | No. Stories | 4 |
| Tenure | Long Leasehold | Year Built | 2024 |
| Property Type | Specialty |
| Price | $8,746,400 |
| Price Per SF | $1,529.63 |
| Sale Type | Investment or Owner User |
| Tenure | Long Leasehold |
| Property Type | Specialty |
| Building Class | B |
| Building Size | 5,718 SF |
| No. Stories | 4 |
| Year Built | 2024 |
Amenities
- Air Conditioning
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14 North Row
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