Located on Wardour Street within the heart of Soho
Situated approximately 250m from the Elizabeth Line at Tottenham Court Road (Dean Street entrance)
Comprises 22,893 sq ft NIA of office accommodation arranged over lower ground, ground and 6 upper floors
Offered with full vacant possession
Art Deco warehouse style office accommodation, with generous floor to ceiling heights of up to 3.4m
Well-configured floor plates of approximately 3,000 sq ft, with private terracing at 4th and 5th floors
Prime repositioning opportunity, offering multiple value add initiatives including additional massing and external terracing, as well as change of use to leisure at ground and lower ground floors
An opportunity to deliver best-in-class office accommodation into an occupational market where demand outweighs supply by approximately 500%
Offers in excess of £25.50 million are invited for the freehold interest, subject to contract and exclusive of VAT, reflecting a low capital value of just £1,114.
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Attributes
Building area net
22,893 sf
Tenure
Freehold
Asking price
$34,560,000
Media
Investment highlights
Freehold asset primed for repositioning
Within 250m of the Elizabeth Line and 5 mins walk to three Underground stations
Prime location in the heart of Soho
Rare outside amenity with existing provision of external terracing and potential for an extensive communal roof terrace
Sold with vacant possession
Immediate opportunity for repositioning and additional massing to capture super-prime rental tone