North Row Operations has put a mixed-use development opportunity in the heart of London’s Mayfair up for sale.
The site at 32 & 33 North Row, which has a GDV of circa £12m, comprises two four-story terraced properties offering retail and residential spaces.
The site benefits from a circa 150-year long leasehold from the Grosvenor Estate at zero ground rent, along with fully approved planning permissions for ground-floor modifications and residential extensions.
Nick Alderman, head of Central London land agency at Knight Frank, which has been appointed to market the opportunity, said: “We are excited to bring this rare opportunity to market. Prime Mayfair sites with mixed-use potential are highly sought after, therefore 32 & 33 North Row the stands out as an outstanding investment. With full planning approval and a long-term lease, it blends historical prestige with modern development potential, making it a truly exceptional asset in one of London’s most prestigious real estate markets.”
