Summary

Claridge House is a period building constructed in the 1920s of a traditional red brick masonry structure.

Stow purchased this mixed office, retail and residential investment in September 2008. The property occupies one of the best locations in Mayfair next to Claridges Hotel and is a fully let standing investment. Stow’s objective is to exploit opportunities to add value and enhance the quality of the investment through active asset and property management.

The opportunities to provide further residential accommodation, either for sale or to let, will be explored including the addition of a penthouse floor. The strategy for the retail and office accommodation will aim to enhance investment returns by increasing rental income through active management and a programme of improvement works.

Key points

• Comprises retail units on ground/basement floors fronting Davies Street
• Office suites on 1st and 2nd floors
• Residential apartments on 3rd to 6th floors
• Manned reception
• 38,103 sq ft in total