Office FOR RENT in 1 Princes Street, Mayfair, Greater London

Property Description

1 Princes Street – Prime Office & Retail Space For Lease, Mayfair, London W1B 2AY
Located in the heart of London’s prestigious Mayfair Submarket, 1 Princes Street offers an exceptional opportunity to lease retail and office space in a Grade II-listed building with a rich history. This prominent property, situated just off Regent Street, is surrounded by some of London’s most sought-after areas, including Soho, Fitzrovia, and Covent Garden.
The building is an excellent example of traditional masonry construction, combining the charm of its 1931 roots with modern-day amenities, including air conditioning, security systems, and access to transport links that ensure convenient and easy access to Central London.
Key Property Details:
Address: 1 Princes Street, Mayfair, London W1B 2AY
Total Net Internal Area (NIA): 5,848 sq ft
Floors: 8 (Basement, Ground, and Six Upper Floors)
Year Built: 1931
Construction: Traditional masonry construction with modern fittings and finishes.
Tenancy: Multi-tenanted, with spaces that can accommodate small, medium, and large businesses.
Available Space:
Total Available Area: 1,854 sq ft
Retail Showroom Space on the Ground Floor
Max Contiguous Space: 1,854 sq ft (Perfect for retail or showroom use)
Smallest Available Unit: 1,854 sq ft
The available retail space is situated on the ground floor, providing a prime location with excellent visibility to Regent Street, making it ideal for businesses seeking high foot traffic. With its open-plan layout and flexibility, the space is well-suited for showroom, retail, or commercial purposes.
Rent & Lease Details:
Asking Rent: £125 - £152 per sq ft (FRI)
Rent varies based on lease terms and space requirements.
Service Charge: To be negotiated
Covers the maintenance and upkeep of the common areas and building exterior.
Lease Type: Fully Repairing and Insuring (FRI)
Tenants are responsible for the internal maintenance and upkeep of their leased space, while the landlord takes care of the exterior and structure.
Building Features:
Air Conditioning: For year-round comfort, the building is equipped with air conditioning throughout.
Security System: A modern security system ensures the safety of tenants and assets within the building.
Lift Access: The building features lift access for easy movement between floors.
Retail Showroom: The available retail space on the ground floor benefits from ample natural light, high ceilings, and large windows, creating an attractive and functional environment for retailers or businesses looking to showcase their products or services.
Natural Light: Large windows throughout the building provide an abundance of natural light, enhancing the working environment.
The property is located at the junction of Princes Street and Regent Street, offering excellent exposure to foot traffic and visibility. It’s within walking distance to major commercial areas, including Oxford Circus, Soho, and the West End.
Building Amenities:
24-Hour Access: Tenants can enjoy flexible working hours with 24-hour access to the building.
Metro/Underground Access: The property is conveniently located near Oxford Circus Underground Station, providing access to the Bakerloo, Central, and Victoria lines, ensuring excellent transport connections.
Retail and Restaurant Options Nearby: The location is surrounded by world-renowned retail outlets, restaurants, and cultural landmarks, making it an attractive location for businesses catering to both commercial and consumer needs.
Security System: The building is equipped with modern security measures to ensure the safety of all tenants.
Leasing Highlights:
Prominent Location: 1 Princes Street is located in one of London’s most iconic areas, offering unparalleled access to major commercial and retail hubs, including Soho, Covent Garden, and the West End.
Close to Key Transport Links: The property is within walking distance of major Underground stations, including Oxford Circus, Piccadilly Circus, and Regent’s Park, providing tenants with direct access to Victoria, Bakerloo, Central, and Piccadilly lines.
Flexible Retail Space: The 1,854 sq ft retail space is ideally suited for showrooms, retail shops, or businesses looking for high exposure on Regent Street.
Nearby Amenities: The area is home to high-end retailers, restaurants, cultural venues, and other commercial offices, ensuring that tenants are well-connected to the best of London’s services and attractions.
Building Notes:
1 Princes Street is a historic property, retaining its classic design from its 1931 origins while having been updated to meet modern standards. The building is designed to offer both functionality and style, making it a desirable location for a variety of businesses. With its proximity to London’s central transport hubs and cultural landmarks, the property stands as a prime commercial offering in the heart of Mayfair.
For further details or to arrange a viewing, please contact Fraser Bond.