Cuban Embassy 15 Grape Street London WC2H 8DR

Cuban Embassy
15 Grape Street
London
WC2H 8DR

Freehold Central London Embassy

  • Entirely let to The Republic of Cuba until 2023 (subject to options)
  • Permitted use includes residential use necessary for the operation of an Embassy
  • Tenant in occupation since 1994
  • Nearby landmarks include Shaftesbury Theatre, Central St Giles and The British Museum
  • Six Week Completion Period Available
  • Lot
    10
  • Auction
    29th March 2012
  • Rent
    £81,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £1,400,000
  • Sector
    Office
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP
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* More information on the term "guide" can be found here

Freehold Central London Embassy

  • Entirely let to The Republic of Cuba until 2023 (subject to options)
  • Permitted use includes residential use necessary for the operation of an Embassy
  • Tenant in occupation since 1994
  • Nearby landmarks include Shaftesbury Theatre, Central St Giles and The British Museum
  • Six Week Completion Period Available
  • Lot 10
  • Auction 29th March 2012
  • Rent
  • Status Sold
  • Price £1,400,000
  • Sector
    Office
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
0.1 miles to New Oxford Street, 0.2 miles to Tottenham Court Road, 0.4 miles to Covent Garden, 0.6 miles to The Strand
Roads
A40, A401, A4,
Underground
Tottenham Court Road (Central and Northern Line), Holborn(Central and Piccadilly Line) Covent Garden (Piccadilly Line)
Air
City Airport, Gatwick International Airport and Heathrow International Airport
Situation

The property is situated in a Conservation Area on Grape Street in a prime position between the West End and The City, linking Shaftesbury Avenue with High Holborn. The property lies directly behind Shaftesbury Theatre and benefits from excellent access to London’s major tourist locations including Covent Garden, New Oxford Street, Tottenham Court Road and The Strand. Numerous underground stations are all within walking distance.

Tenure

Freehold.

Location
Miles
0.1 miles to New Oxford Street, 0.2 miles to Tottenham Court Road, 0.4 miles to Covent Garden, 0.6 miles to The Strand
Roads
A40, A401, A4,
Underground
Tottenham Court Road (Central and Northern Line), Holborn(Central and Piccadilly Line) Covent Garden (Piccadilly Line)
Air
City Airport, Gatwick International Airport and Heathrow International Airport
Situation

The property is situated in a Conservation Area on Grape Street in a prime position between the West End and The City, linking Shaftesbury Avenue with High Holborn. The property lies directly behind Shaftesbury Theatre and benefits from excellent access to London’s major tourist locations including Covent Garden, New Oxford Street, Tottenham Court Road and The Strand. Numerous underground stations are all within walking distance.

Tenure

Freehold.

Description

The property comprises a historic office building arranged over basement, ground and three upper floors. The property is accessed from a separate entrance on Grape Street and is also interlinked with 17 Grape Street and 179 High Holborn which the tenant also occupies.

Note
The purchaser will pay 1% plus VAT of the purchase price towards the Vendor’s sales costs.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a historic office building arranged over basement, ground and three upper floors. The property is accessed from a separate entrance on Grape Street and is also interlinked with 17 Grape Street and 179 High Holborn which the tenant also occupies.

Note
The purchaser will pay 1% plus VAT of the purchase price towards the Vendor’s sales costs.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reviews
Basement
Ground
First
Second
Third
Storage
Reception/Office
Office
Office
Office
62.90 sq m
75.10 sq m
74.30 sq m
68.30 sq m
68.30 sq m
(677 sq ft)
(808 sq ft)
(800 sq ft)
(735 sq ft)
(735 sq ft)
THE REPUBLIC
OF CUBA (1)
15 years from 25/12/2008
until 2023 on a repairing
and insuring lease (1)
£81,500 29/09/2013 and
five yearly
  Totals
348.9 sq m (2)
(3,755 sq ft) (2)
    £81,500  

(1) There is a tenant only option to determine on the 25th December 2013 and the 25th December 2018, on providing no less than 6 months’ prior written notice.
(2) Please note that these areas have been provided by the vendor. The Auctioneers are unable to verify these areas due to the restricted access to the building.

Property Documents

  • Catalogue Page
    Updated Date
    23.09.15
    File Size
    665 KB
    View PDF
  • Site Plan
    Updated Date
    23.09.15
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Hamlins Solicitors Roxburghe House, 273-287 Regent Street
London
W1B 2AD
Yvonne Raymond 0207 355 6035yraymond@hamlins.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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