30 Minories, London EC3 - Disposal - City Investment - 2025

Minories 30, London, City of London, EC3N 1DD, UK

Description

Freehold redevelopment opportunity in the City of London
Prominent position in London’s Eastern City fringe, benefiting from excellent transport connectivity with Aldgate, Aldgate East, and Tower Hill stations within close proximity
The existing buildings, 30 Minories and Writers House, provide 98,998 sq ft NIA / 135,217 sq ft GIA arranged over lower ground, ground and twelve upper floors
Significant virtual island site extending to 0.68 acres (0.28 hectares)
30 Minories benefits from planning permission for a new build office-led development, comprising 178,054 sq ft NIA / 255,909 sq ft GIA
Suitable for a range of alternative uses to include PBSA, Co-Living or Hotel, subject to planning
PLP has undertaken a range of alternative use feasibility studies demonstrating the potential to deliver up to 710 beds on site
Benefits from a pre-application meeting with the City of London for a change of use to PBSA based on a 710 bed student scheme
Located within the catchment of a number of renowned universities including Queen Mary University, City University, Kings College London and LSE
Ability to deliver vacant possession in October 2026

Offers are invited for the entire issued share capital of the SPV that owns the freehold interest in 30 Minories and Writers House, subject to contract and exclusive of VAT.

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Attributes

Year built

1956

Land area gross

0.68 acres

Number of units

710

Building area gross

255,909 sf

Tenure

Freehold

Media

Investment Highlights

30 Minories is a prominent commercial office building on a virtual island site comprising 90,119 sq ft NIA of office, retail and ancillary accommodation arranged over basement, ground and twelve upper floors. Writers House is positioned adjacent to 30 Minories on the south-east corner of the wider site and comprises a warehouse building of 8,879 sq ft arranged over lower ground, ground and three upper floors.

The site benefits from planning permission under reference number 23/00365/FULMAJ for the ‘demolition of the existing building at 30 Minories and partial demolition of Writers House to provide a new build office-led development arranged over lower ground, ground and 12 upper floors’.

DP9 have prepared a detailed planning note which is available in the data room and explores the potential for alternative uses on site based on the pre-app with the City of London. The pre-app was focussed on the delivery of a 710 bed PBSA scheme and was well received, subject to justifying the case for the loss of office. PLP has produced indicative schemes to demonstrate the ability to deliver alternative uses on site. PLP has provided optionality around the level of intervention ranging from light refurbishment and enhancement to new build development.