Lutea House, Brentwood

JLL as selling agents are pleased to present Lutea House at Warley Hill Business Park, Brentwood, CM13 3BE. This unique opportunity is poised to captivate occupiers, investors, and developers alike. Situated in the affluent commuter town of Brentwood, just 21 miles from Central London, this strategically positioned freehold office property offers a compelling value proposition.

Lutea House is a self-contained headquarters office building spanning 19,662 sq ft across ground and two upper floors. With 54 on-site car parking spaces, it boasts an impressive car parking ratio of 1:352 sq ft. Currently let to Shawbrook Bank Ltd at an attractive rent of £402,633 (£20.48 per sq ft) until September 2026, this property provides immediate income potential. The recent lease benchmark of £30 per sq ft within the business park underscores its rental growth potential.

Brentwood's robust transport links, including proximity to the M25 and frequent rail services to London, enhance the property's appeal. The Elizabeth Line connections ensure swift commutes to Canary Wharf and the City, driving demand from prestigious enterprises such as Sky and BT. Nearby, Brentwood’s high residential values and thriving market, highlighted by conversions like the Ford HQ into luxury apartments, indicate robust demand for alternative uses.

With a competitive asking price reflecting a low capital value of £180 per sq ft, well below recent area transactions, Lutea House offers a remarkable investment with flexible leasing prospects and significant upside potential in a supply-constrained market.