Prestigious Mayfair Freehold With Change Of Use Potential
Rarely available prestigious former townhouse
Very well situated in the heart of London's Mayfair
396.40 sq m (4,268 sq ft) of mixed-use commercial and residential
Circa 200m from Green Park Tube, Piccadilly and The Ritz Hotel
Low capital value on guide price (£1,217 psf)
VAT-free Investment
Auction 26th March 2026
Vacant Possession
Status Available
Guide* £5,250,000
Sector Office, Residential, Development
Auction Venue Live Streamed Auction
On Instruction of Receivers
Property Information
Location
Miles
500 metres west of Piccadilly Circus, 0.75 miles east of Hyde Park Corner
Roads
A4, A4202
Rail
Green Park Underground Station (Jubilee, Piccadilly & Victoria line), Hyde Park Corner Underground Station (Piccadilly line), Piccadilly Circus (Piccadilly & Bakerloo line)
Air
London Heathrow Airport, London City Airport
Situation
The property occupies a prominent position on the western side of Clarges Street which runs parallel to Bolton Street and links directly to Berkeley Square via Curzon Street. Mayfair is an extremely affluent and intentionally renowned area of London offering an exceptional array of luxury hotels, private members' clubs, and fine dining restaurants.
Tenure
Freehold.
Location
Miles
500 metres west of Piccadilly Circus, 0.75 miles east of Hyde Park Corner
Roads
A4, A4202
Rail
Green Park Underground Station (Jubilee, Piccadilly & Victoria line), Hyde Park Corner Underground Station (Piccadilly line), Piccadilly Circus (Piccadilly & Bakerloo line)
Air
London Heathrow Airport, London City Airport
Situation
The property occupies a prominent position on the western side of Clarges Street which runs parallel to Bolton Street and links directly to Berkeley Square via Curzon Street. Mayfair is an extremely affluent and intentionally renowned area of London offering an exceptional array of luxury hotels, private members' clubs, and fine dining restaurants.
Tenure
Freehold.
Description
The property, which is Grade II listed, comprises 396.40 sq m (4,268 sq ft) of office and residential accommodation arranged over the lower ground, ground and three upper floors. The property benefits from high ceilings & excellent natural light creating a bright & spacious environment.
VAT
VAT is not applicable to this lot.
Planning
The property offers potential for conversion to a single-family residence (Class C3), including the addition of a new basement excavation beneath pavement vaults, installation of plant and solar panels on the main roof, replacement of windows on both front and rear exteriors and the addition of two internal lifts, requiring only minor demolition.
The property had planning permission in May 2014 for the development outlined above (14/04615/FULL), although this has now lapsed (https://www.westminster.gov.uk/).
Note
This property is being marketed for sale on behalf of Receivers and therefore no warranties, representations or guarantees are given or will be given by the Receivers, Associate Auctioneers or the Auctioneers in respect of the information in these particulars or any matter relating to the property, including VAT. Any information provided is provided without liability on the part of the Receivers, Associate Auctioneers and Auctioneers for any reliance placed on it. The Receivers are acting without personal liability and are not bound to accept the highest or any offer.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property, which is Grade II listed, comprises 396.40 sq m (4,268 sq ft) of office and residential accommodation arranged over the lower ground, ground and three upper floors. The property benefits from high ceilings & excellent natural light creating a bright & spacious environment.
VAT
VAT is not applicable to this lot.
Planning
The property offers potential for conversion to a single-family residence (Class C3), including the addition of a new basement excavation beneath pavement vaults, installation of plant and solar panels on the main roof, replacement of windows on both front and rear exteriors and the addition of two internal lifts, requiring only minor demolition.
The property had planning permission in May 2014 for the development outlined above (14/04615/FULL), although this has now lapsed (https://www.westminster.gov.uk/).
Note
This property is being marketed for sale on behalf of Receivers and therefore no warranties, representations or guarantees are given or will be given by the Receivers, Associate Auctioneers or the Auctioneers in respect of the information in these particulars or any matter relating to the property, including VAT. Any information provided is provided without liability on the part of the Receivers, Associate Auctioneers and Auctioneers for any reliance placed on it. The Receivers are acting without personal liability and are not bound to accept the highest or any offer.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Floor Areas Approx sq m (Gross Internal Area)
Floor Areas Approx sq ft (Gross Internal Area)
Possession
Lower Ground Ground First Second Third
81.90 81.70 76.80 76.70 79.30
(882) (879) (827) (826) (854)
VACANT
Total
396.40
(4,268)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.