33 St James sq

St. James's Square 33, London, SW1Y 4JS, UK

Description

Trophy Corner Freehold Building on London's Most Prestigious Square.

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Attributes

Building area net

3,902 m²

Year built

1772

Land area gross

0 m²

Planning permission

Consented

Media

Investment Highlights

Unique Grade II* listed trophy freehold asset in a super prime position at the heart of St. James’s, on the corner of St. James’s Square and Charles II Street, built in 1770.
Attractive period façade with an impressive 40ft return frontage and unparalleled first floor terrace overlooking St. James’s Square.
Building totals 41,317 sq ft (3,839 sq m) of accommodation over lower ground, ground, mezzanine and six upper floors, combining modern office space with distinctive heritage features.
Consented Orms-designed scheme for a comprehensive refurbishment to create a best-in-class modern office building, including a 7,831 sq ft (19%) uplift in lettable floor area. The scheme retains the building’s rich character and heritage whilst providing versatile and contemporary office floors, exceptional end of journey facilities and numerous upper floor terraces.
Opportunity to enhance current consent through a series of minor non-material amendments, improving upper floor terraces, entrance experience and floor to ceiling heights throughout.
Potential to benefit from St. James’s premium rental levels, with a number of recent leases signed at over £200 psf, and strong rental growth prospects in light of the severely constrained West End development pipeline.
Opportunity for owner occupiers, investors and developers.
Ownership includes an interest in St. James’s Square, the premier garden square in London’s West End, with exclusive access for contributing freeholders outside of public hours to host private events.