143-149 Great Portland Street, W1

1. Freehold.
2. Exceptionally well connected with access to 10 underground stations within a 15 minute walk.
3. Highly prominent repositioning opportunity located on the west side of Great Portland Street.
4. 16,046 sq ft NIA arranged over lower ground, ground and five upper floors.
5. Immediate opportunity to refurbish the vacant upper floors that provide 10,124 sq ft over contiguous and uniform floor plates ranging from 1,628 sq ft to 2,267 sq ft.
6. The ground and lower ground floors are currently let to Randox Laboratories Ltd expiring 8th March 2032 at £260,000 per annum reflecting a reversionary rent of £46.25 per sq ft.
7. Randox Laboratories Ltd have a Creditsafe Rating of '86-A' reflecting a Very Low Risk.
8. AWW have produced an indicative feasibility report illustrating two potential schemes that consider extending the building's envelope vertically and laterally increasing the net internal area by up to 18%, including new entracing and end of journey facilities, subject to necessary consents.
9. The building currently benefits from Class E use throughout but may be suitable for alternative uses, subject to planning.

Offers are invited in excess of £16,000,000 subject to contract and exclusive of VAT. A purchase at this level reflects a low capital value of £997 per sq ft on existing NIA and £779 per sq ft on existing GIA.