132 Seymour Place

London, W1H 1NS

Image from Google Street View - 172
Under offer
Property Type Investment
Availability For Sale
Size 937 sq ft
Freehold Price Offers in excess of £475,000 Subject to Contract

Sought after restaurant/residential investment in a popular Central London location


The property is located in Marylebone an affluent and vibrant Central London neighbourhood located within the City of Westminster. Marylebone comprises a mix of offices, high class restaurants and diverse shopping. These are centred around Marylebone High Street and the nearby Edgware Road.
Public transport links are excellent with London Marylebone Station (Bakerloo, Overground and National Rail) located to the north of Marylebone Road and within a few minutes walk away from the property. Edgware Road Underground Station (Bakerloo Line, District, Circle) and Baker Street Underground Station (Bakerloo, Jubilee, Metropolitan, Hammersmith & City and Circle Lines) are both within easy walking distance to the premises. The area of Marylebone is also highly accessible via road with the A40 Marylebone/Euston Road providing access to Heathrow Airport via the M25 and the M4 to the west and direct access to Marylebone, London Euston & Kings Cross St Pancras stations to the east. Numerous bus routes operate along Baker Street and Marylebone Road, connecting both the West End and the City.

Key Points

  • Highly Reversionary income
  • Small Lot Size

The property itself is located within 100 metres of Marylebone Road on the eastern side of Seymour Place close its junction with York Street.  There a numerable buses running along the Marylebone Road serving all areas of London.

The building which is mid terrace is of brick construction under a mansard roof with accommodation arranged over basement and ground floor restaurant with self contained residential upper parts on the first to third floors and a fourth floor mansard conversion, with access from Seymour Place.

The  property offers the following :

Ground floor Restaurant

Net Internal width   10ft 3        3.12m

Zone A                       262 sq ft    24.34 sq m

Zone B                       200sq ft     18.58 sq m

Overall Area             462 sq ft    42.9 sq m

Basement                 475 sq ft    441.3 sq m

Residential Accommodation

Flat 1

First Floor    3 room Kitchen & bathroom

Flat 2

2nd  Floor      3 rooms plus bathroom

3rd Floor       3 rooms plus bathroom

4th Floor       2 rooms plus bathroom


The ground floor and basement are let to Seymour Catering Ltd on a 5 year FRI lease from 25th June 2016 at a rental of £16,500 pa.  This restaurant is substantially under let with an ERV of £35,000 pa.  The upper floor residential is all sold off on long occupational leases.  Flat 1 for 99 years from 25th December 1995 at a g/r of £50 pa.  There is 77 years remaining so an opportunity exists to negotiate a lease extension for a premium.


Available on request


We have been instructed by the vendor to seek offers in excess of £475,000 subject to contract for the freehold interest.


The property is not elected for VAT and VAT will not be payable on the purchase price.

Savoy Stewart - London Commercial Property Experts

Savoy Stewart is a commercial property agent and commercial property surveyor located on Oxford Street, in the heart of London. We provide comprehensive services that meet specific commercial property needs all around London and the surrounding areas.

Why choose Savoy Stewart for London commercial property?

  • We're the first choice for many new to market properties due to our reputation in
    the London market.

    Experience working with household name clients such as Campari, Heineken and TomTom as well as independent clients puts us in position find the property to best suit your needs.
  • We can often negotiate better prices for our clients
    by utilising local knowledge and leveraging our established position in the London market.
  • Find the right property in the quickest possible time.
    We understand just how important your time is and we are dedicated to fulfilling your needs quickly and accurately.

We also offer a range of specialist property services including:

  • D1 Properties
    Our focus on D1 properties mainly includes properties for educational, religious and medical/dental use.
  • Retail Properties
    We work with landlords and retailers in the Greater London area to provide viable retail properties.
  • Serviced Offices
    Browse through over a 1000 serviced offices perfect for short term requirements and small businesses.

Our Services:

  • Lettings and sales
    Are you looking to sell or rent property? Or are you looking to acquire new premises? Our Letting and sales team can help with all aspects to help you with your property.
  • Investment advice
    Are you looking to identify lucrative new investment opportunities? Our investment advice team offer unbiased advice on all aspects of property investment for both UK and overseas investors.
  • Rent reviews
    Do you need help to arrange the best rental agreement for your property or business? Our rent reviews team offer impartial advice for landlords and tenants to negotiate agreements between both parties. Our chartered surveyor expertise means that we can also advise on legal issues.
  • Lease renewals
    Do you need help with the complicated lease renewal process? Our lease renewals team can help you avoid the pitfalls and traps when renewing your lease and many of our clients find this service invaluable.
  • Management
    Would you like us to manage your commercial property? We offer a competitively priced management service suited to your property. Our team work to establish a relationship between both landlord and tenant to recognise and minimise any potential difficulties as early as possible.

Savoy Stewart at a glance

If you would like further information regarding any of our services
just call us on 020 7495 3666.