Rare fully let retail parade opposite Hyde Park, long WAULT and strong passing rent for investors..
- Prime Knightsbridge frontage: c.65m continuous frontage to Knightsbridge
- Total NIA c.20,287 sq ft across ground and lower ground
- 100% let to retail, wellness and hospitality occupiers
- Passing rent £914,250 per annum; WAULT c.7.87 yrs (break)
- Virtual freehold: 999-year term; c.972 years unexpired
- Within Knightsbridge Conservation Area; external works may be restricted
- Not elected for VAT; EPCs available on request
- Local issues: very high crime rate and very slow broadband speeds
A rare, fully let retail parade occupying a prime Knightsbridge position, directly opposite Hyde Park and moments from Harrods and Harvey Nichols. The terrace offers c.20,287 sq ft NIA across ground and lower ground floors with an exceptional c.65 metre continuous frontage to Knightsbridge, producing a passing rent of £914,250 per annum.
The parade is let to a diverse mix of retail, wellness and hospitality occupiers, underpinning day-long footfall and resilience. Tenancies provide a weighted average unexpired term of c.7.87 years to break and c.8.82 years to expiry. Tenure is a virtual freehold (999 years from 29/09/1998) with c.972 years remaining and a peppercorn ground rent.
Important considerations: the property sits within the Knightsbridge Conservation Area, which can restrict external alterations and signage. The asset is not elected for VAT. Local data flags very high crime levels and very slow broadband speeds — factors that may affect certain operators or future uses. Offered at £17,500,000 (c.5.13% NIY, assuming purchaser’s costs of 1.80%), this is aimed squarely at investors seeking secure income and prime frontage exposure in a blue‑chip London retail location.
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