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15A Dover St 2,670 SF Retail Building London W1S 4LP For Sale
INVESTMENT HIGHLIGHTS
- Prime Mayfair corner location surrounded by world-leading luxury retailers
- Excellent access to Green Park Station and major West End landmarks
- High-specification retail and showroom interiors
EXECUTIVE SUMMARY
Positioned on one of Mayfair’s most prestigious corners, 15A Dover Street presents a rare opportunity to acquire a landmark freehold in one of the world’s most exclusive luxury districts.
This striking building combines retail, showroom, and residential accommodation across lower ground, ground, and three upper floors, all meticulously fitted to a bespoke, high-end standard. The asset is fully let to Sicis UK Ltd, an internationally renowned Italian luxury interior design and mosaic brand, who have occupied the building since 2015 and recently committed to a reversionary lease through September 2028. Their long-standing tenure and high-quality fitout underscore the building’s suitability for premium design-led occupiers and reinforce its investment stability.
Offering an attractive passing rent of £595,000 per annum, the lease structure provides a rent review in 2028 with an uplift mechanism tied to open market or RPI-linked increases, capped and collared between 2% and 5%. The freehold stands within the Mayfair Conservation Area and, while not listed, benefits from a unique architectural presence surrounded by iconic destinations including Bond Street, Albemarle Street, The Ritz, Claridge’s, and Berkeley Square.
This striking building combines retail, showroom, and residential accommodation across lower ground, ground, and three upper floors, all meticulously fitted to a bespoke, high-end standard. The asset is fully let to Sicis UK Ltd, an internationally renowned Italian luxury interior design and mosaic brand, who have occupied the building since 2015 and recently committed to a reversionary lease through September 2028. Their long-standing tenure and high-quality fitout underscore the building’s suitability for premium design-led occupiers and reinforce its investment stability.
Offering an attractive passing rent of £595,000 per annum, the lease structure provides a rent review in 2028 with an uplift mechanism tied to open market or RPI-linked increases, capped and collared between 2% and 5%. The freehold stands within the Mayfair Conservation Area and, while not listed, benefits from a unique architectural presence surrounded by iconic destinations including Bond Street, Albemarle Street, The Ritz, Claridge’s, and Berkeley Square.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
2,670 SF
Building Class
B
Year Built
1900
NOI
$822,493
Tenancy
Single
Building Height
4 Stories
Building FAR
0.15
Lot Size
0.40 AC
AMENITIES
- Security System
- Storage Space
- Air Conditioning
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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15A Dover St
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