18 Beauchamp Place , Knightsbridge , London SW3 A1 retail unit and flat – 2,438 square feet (226.5 sq. m) approx Comfort CoolingExcellent natural light on lower ground floorResidential accommodation in excellent condition with a 300sq.ft terraceRetail unit newly refurbished with solid wooden floorsWCs Back Description Vacant mid-terraced A1 retail unit over ground and lower ground floors with a self-contained two bedroom flat above with private terrace. Location The building is situated on the northern side of Beauchamp Place, which links the Brompton Road (A4) with Walton Street. The area benefits from excellent retail and restaurant facilities as well as being a prestigious residential area in the heart of Knightsbridge. Retailers along Beauchamp Place include Bruce Oldfield, Nespresso, San Lorenzo and Lalagne Beaumont. The property is in close walking distance of Knightsbridge underground station (Piccadilly line). Accommodation The property is arranged over four floors. The ground and lower ground floors comprise a self-contained A1 retail unit and the upper floors comprise a self-contained 2 bed flat with bath and shower rooms with an east facing terrace area. The building is brick fronted under a pitched roof. Tenancies The flat is currently let on a separate AST which expires in February 2014 producing a rent of £57,000 per annum. The retail unit is available with Vacant Possession. Investment Considerations Prestigious residential location Rising residential capital values and strong rental market Well known and sought after address in Knightsbridge Good anchor tenants on the same street Attractive lot size Offers £3,250,000 (Three Million Two Hundred and Fifty Thousand Pounds) representing a net initial yield of 4%. Exclusive of VAT. Subject to contract. GN2 gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, or Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of GN2 has any authority to make any representation or warranty whatever in relation to this property.