33 St James sq
St. James's Square 33, London, SW1Y 4JS, UK
3 902 mètres carrés
Descriptif
- Freehold, prominent virtual island site totalling 0.60 acres
- Prime Marylebone location, just 2-minutes walk from Bond Street Station (Elizabeth line)
- Institutional grade headquarters building comprising 113,768 sq ft (10,569.4 sq m) of Grade A office, retail, and residential accommodation
- Comprehensive refurbishment of the offices and common parts completed in 2022 with no immediate capital expenditure required
- All-electric building aligned to CRREM decarbonisation pathway until 2046
- Topped-up passing rent of £7,728,375 per annum, reflecting just £69.32 per sq ft overall
- Long-dated, secure income with an overall WAULT of 8.00 years to expiries and 5.80 years to break options
- Diverse income stream with 81.0% offices,13.5% retail, and 5.5% residential (by income)
- Multi-let offices passing off a low rent of £86.06 per sq ft
- Significant reversionary potential with upcoming rent reviews in 2027 and 2028
- Comparable office lettings within the immediate vicinity have achieved rents of up to £185.00 per sq ft
- All office leases are outside the security of tenure provisions of the Landlord and Tenant Act 1954
- Landlord development breaks offer the opportunity for vacant possession in 2031 to explore significant additional massing
- Seven prominent retail units with frontages to three of Marylebone’s most prestigious addresses including Wigmore Street, Welbeck Street and Marylebone Lane
- Prime residential accommodation with views across Marylebone, comprising 23 units currently operated under a management agreement with Native Places
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Attributs
Superficie du bâtiment nette
10 569 mètres carrés
Occupation
100 %
WAULT aux pauses
5.9 années
WAULT aux expirations
8 années
Loyer annuel total
14 461 737,61 $
Média
Points forts de l'investissement
- LANDMARK FREEHOLD HEADQUARTER BUILDING – All office floors pre-let prior to completion
- PRIME WEST END LOCATION – Close proximity to Bond Street station (Elizabeth / Central / Jubilee lines)
- RECENTLY COMPREHENSIVELY REFURBISHED OFFICES – Completed in 2022 with no immediate capital expenditure required
- FUTURE PROOFED ASSET – All-electric and Net Zero Carbon (Operation via GHG pathway) building
- DIVERSE AND SECURE INCOME STREAM – 81.0% offices, 13.5% retail and 5.5% residential (by income) with an 8 year WAULT
- HIGHLY REVERSIONARY OFFICES – Multi-let offices passing off a low rent of £86.06 per sq ft, with significant reversionary potential at upcoming rent reviews in 2027 and 2028
- HIGH-PERFORMING SUBMARKET – Comparable office lettings within the immediate vicinity have achieved rents of up to £185.00 per sq ft. Marylebone occupational market dynamics support in excess of 16% projected rental growth over the next five years
- FUTURE MASSING POTENTIAL – Opportunity to explore significant additional massing from 2031
- PROMINENT RETAIL – Seven prominent retail units with frontages to three of Marylebone's most prestigious retail destinations including Wigmore Street, Welbeck Street and Marylebone Lane
- ATTRACTIVE RESIDENTIAL – The residential units offer views across Marylebone comprising 23 units under a management agreement, with ability to significantly drive rental performance post-purchase
Contactez les courtiers
72 Welbeck Street, W1 (0 Propriétés)
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Dernière mise à jour
15 oct. 2025
