Property With Potential Logo Property With Potential - return to homepage
6 bedroom house for sale

>

6 bedroom house for sale

Piccadilly, Mayfair
£29,950,000

Our Summary

  • This is an excellent opportunity for the regeneration of an impressive period building, and there is residential planning permission in place to convert the property back into a townhouse
  • The current use of the property is Use Class E and therefore could change use to:- Retail: Display or retail sale of goods, other than hot food- Restaurant: Sale of food and drink, for consumption on the premises- Leisure: Indoor sport, recreation, or fitness- Medical: Medical or Health Services- Creche: Nursery or day centre- Offices: Research and light industrialResidential Potential- Full planning permission was granted on 26 August 2015 for the change of use from office space (Use Class E) to a single family dwellinghouse (Use Class C3)
  • - Planning was granted under reference 14/11168/FULL and implemented on 29 May 2018 under reference 18/02453/CLEUD
  • - The listed building consent runs alongside the main planning application under reference 14/11168/LBC- The development is free of any Section 106 or CIL contributions
  • 2,500 sq ft and with an existing lift the Property lends itself well for a subdivision of the property into apartments subject to necessary planning consent

Description

This stunning Grade II listed building, located on Piccadilly, offers a unique opportunity for regeneration. The property, which dates back to the mid-18th century, features a smart period facade, beautifully preserved original features, and far-reaching views over Green Park. With over 14,000 sq ft of accommodation, it has previously been used as an office building but is currently vacant, except for the apartment at lower ground level. The property has residential planning permission in place to convert it back into a townhouse, and there are also opportunities to change its use to retail, restaurant, leisure, medical, or office space. With its exceptional floorplates and existing lift, the property lends itself well to subdivision into apartments, subject to necessary planning consent. Situated in the heart of Mayfair, the property is surrounded by world-class shopping, restaurants, and cultural attractions, with excellent transport links nearby.