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A Bargain in Belgravia

Belgravia mews house with garaging for five cars for sale for equivalent of £1,442 per week

 

A two-storey mews house behind The Lanesborough Hotel in Belgravia has gone on sale for what initially seems like a bargain price of just £1.5 million ($2 million, €1.7 million or درهم7.2 million).

 

The catch? The 1,391 square foot property in Wilton Row – which comes with a 40-foot long garage with space for up to five cars – is offered on a new 20-year lease that comes without the ability to extend or acquire the freehold.

 

Effectively priced at the equivalent of rent of £75,000 per year ($99,000, €83,000 or درهم362,000 per year), the unlisted building also includes a reception room, kitchen, two bedrooms and a bathroom.

 

Ayrton Wylie are the selling agents.

 

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