London Investment Properties Track Record
14 Berkeley Street, W1
August 1, 2022
VALUE
£32,375,000 / NIY - 3.14% / £2,316 per sq ft
AREA
13,979 sq ft
TRANSACTION DATE
August 2022
PURCHASER
Private Spanish
VENDOR
BMO
CBRE’S ROLE
Acquisition
DESCRIPTION
CBRE advised a Private Spanish client on the acquisition of this prime Mayfair freehold asset. The building is located just to the south of Berkeley Square and provides 13,979 sq ft of office and luxury car showroom accommodation.
The property is fully let to seven tenants providing an AWULT of 2.8 years to expiries and has been subject to rolling refurbishment.
CBRE secured the asset following two competitive rounds of bidding.
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