Prestige assets in iconic locations also form a key part of Maritime Capital’s investment strategy.
We acquired, refurbished, regeared and successfully disposed of a landmark building in the heart of Mayfair, after adding value and creating spaces that will stand the test of time.
Set in the heart of Mayfair at the junction of Curzon and Half Moon Street, 7 Curzon Street is surrounded by Michelin-starred restaurants, boutiques and five-star hotels.
Completed in 1911, the original Grade II-listed, Portland stone-clad church was designed with a unique facade.
Other than the facade, the remainder of the building to the rear was replaced with an attractive mixed-use development incorporating 30,000 sq ft of offices and residential.
Maritime Capital took a long leasehold from the church organisation on the development to the rear of the Victorian facade.
The self-contained offices were let to prominent London firms, with high net worth individuals occupying the residential units on the third floor.
We carried out a major refurbishment of the reception and ground floor, as well as creating an idyllic landscaped courtyard that truly ties together the constituent parts of the building.
7 Curzon Street’s Grade-A office suites were let to prominent firms in blue-chip sectors such as insurance, recruitment and chartered surveyors.
Spotting an almost literal gap in the market, we added further value by obtaining planning permission and constructing an additional three apartments on the third floor, in a previously empty roof space.
After completing the refurbishment and apartment development work, the leases were regeared, ultimately producing an excellent investment return.
When it was time to sell, Maritime were one of the first property investment organisations to create a promotional CD as part of marketing efforts, distributing it on the front of the widely-read industry publication Estates Gazette.
The CD exclusively focused on the development and contained photos, videos and detailed information of the investment opportunity.
The property was sold to a Monaco-based investor soon after the marketing campaign began, for a substantial profit.
