long lease for sale with vacant possession alternatively ... · long lease for sale with vacant...
TRANSCRIPT
Long lease for sale with vacant possession
Alternatively, a new occupational lease is available for a term by arrangement
An exceptional Georgian Townhouse in the very centre of the West End, ideally suited to a wide range of office, other commercial
and educational uses, or as a private members’ club.
C H A N D O S H O U S E
250 years of historyBuilt by Britain’s most prominent architect, Robert Adam, between 1769 and
1771, Chandos House has been the home of English and European nobility including Dukes, Earls and Counts. In the nineteenth century the building
housed the Austrian Embassy where the resident Ambassador, Prince Esterhazy, hosted lavish parties.
Chandos House forms part of the Howard de Walden Estate who oversaw a comprehensive scheme of renovation and modernisation in 2005 on behalf of
the current Head Lessee. Many of the original fireplaces remain and decorations are to the original Adam scheme of colours.
C H A N D O S H O U S E
Chandos House todayThe 2005 scheme created six spacious rooms at ground and first floor levels used for events, meetings, receptions and guest breakfasts. The remaining upper floors, together with the majority of the lower ground floor, form a
boutique member’s hotel of seventeen luxurious, well-presented bedrooms. A beautifully arranged terrace adds the finishing touch to one of London’s
finest period Townhouses.
C H A N D O S H O U S E
The opportunityThe Head Lease allows the use of the building on any of the following bases:
Professional and business offices
Professional, cultural, charitable and learned institutions, associations and trade federations including conference facilities and overnight
accommodation for members and their guests
A high class members’ club
The Estate will actively consider variations to the lease for uses that make a positive contribution to the area. For owner occupiers proposing
a predominantly office or other commercial use it should be noted that the bedrooms include ‘bathroom pods’ that facilitate ready conversion.
C H A N D O S H O U S E
Floor areasChandos House is arranged with the following net internal areas:
Floor sq ft sq m
3rd 2,172 202
2nd 2,165 201
1st 2,414 24
Ground 2,510 233
Lower Ground 2,561 238
Total 11,822 1,098
LocationChandos House is situated in the heart of the West End of London.
Whilst only a few minutes’ walk from Oxford Circus and Marylebone Village,
Queen Anne Street forms a quiet, tranquil location.
Tenure The Head Lease expires July 2129 and therefore has over 110 years remaining.
The ground rental gearing is to 27.581% of the open market rental value.
The current ground rent at £170,000 per annum plus VAT, is subject to 5 yearly reviews, the next of which is effective July 2019.
Sales and letting terms are available on application.
C H A N D O S H O U S E
Ralph Pearson
020 7647 7307
Henry Brewster
020 3884 0369
Tom Roberts
020 7647 7020
For further details or to an arrange an inspection, please contact Sole Agents:
R I V E R T H A M E S
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Russel Square
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Shoreditch Park
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NEW CAVENDISH STREET
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