28 FITZROY SQUARE LONDON W1 EXECUTIVE SUMMARY
• Freehold
• Prominent position on one of London’s finest Georgian squares
• Listed period office building comprising a net internal area of 3,233 sq ft (300 sq m) arranged over five floors
• Excellent transport links, situated in close proximity to Great Portland Street, Goodge Street and Warren Street Underground stations
• Potential for alternative uses subject to consent
• Available with full vacant possession within 12 months
• Offers are invited for the Freehold interest
2 | 28 FITZROY SQUARE 3 | 28 FITZROY SQUARE EUSTON UPPER WOBURN PLACE
OUTER CIRCLE
REGENTS PARK 28 EUSTON ROAD EUSTON SQ
OUTER CIRCLE
GOWER STREET WARREN ST BLOOMSBURY BAKER STREET GREAT FITZROY ST TOTTENHAM COURT ROAD PORTLAND ST REGENTS PARK PORTLAND PLACE GREAT PORTLAND STREET CHARLOTTE STREET MARYLEBONE ROAD CLEVELAND STREET
WIMPOLE STREET
MARYLEBONE HIGH STREET
BAKER STREET FITZROVIA PADDINGTON STREET GOODGE ST GLOUCESTER PLACE
NEW CAVENDISH STREET BAYLEY STREET MARYLEBONE GOODGE STREET
REGENT STREET
TOTTENHAM WIGMORE STREET COURT RD BOND ST
OXFORD STREET OXFORD CIRCUS SOHO
LOCATION SITUATION COMMUNICATIONS
Fitzroy Square is one of London’s most Fitzrovia is an established office location 28 Fitzroy Square lies on the western The building benefits from excellent complete and impressive Georgian and while historically it has been home side of Fitzroy Square close to its transport links with Warren Street Squares and the only one located in to many businesses from the creative junctions with Conway Street and (Victoria and Northern Lines), Great Fitzrovia. The square has a rich history industries, it has recently attracted high Grafton Way. It sits within the Fitzroy Portland Street (Hammersmith & City, of noble and notable residents including profile corporate occupiers including All Square Conservation Area. Metropolitan & Circle Lines) and Goodge Virginia Woolf and George Bernard Shaw. Funds Bank, Estee Lauder, Volterra Fietta Street (Northern Line) Underground and Facebook. These recent changes stations all located within a short walk Fitzrovia is one of the most vibrant have re-established it as an exciting from the property. It is also within a parts of the West End. It is located and dynamic part of the West End. 10 minute walk of Tottenham Court to the south of Regent’s Park, with Road underground station and the Bloomsbury to the east, Soho to the More recently parts of Fitzrovia have Elizabeth Line when it opens in 2018. south and Marylebone to the west. It is seen change through developments home to some of the most fashionable such as 1 & 2 Fitzroy Place and Euston and Kings Cross / St Pancras restaurants in London including Roka, Rathbone Square, however, Fitzroy mainline stations are both within Hakkasan and Berners Tavern, and on Square remains an oasis of calm 1.5 km of the property and its southern boundary sits the shops and true to its Georgian heritage. provide easy access to national and hustle and bustle of Oxford Street. It is mostly pedestrianised and and international rail services. benefits from a well landscaped private garden which occupiers of There are also a number of bus the square can enjoy the benefit of. routes linking the area to other central London locations.
4 | 28 FITZROY SQUARE 5 | 28 FITZROY SQUARE FLOOR PLANS
3rd Floor 2nd Floor
OFFICE SPACE
CIRCULATION/STAIRS
TOILETS
STORAGE
FITZROY SQUARE FITZROY SQUARE
1st Floor Ground Floor Basement
DESCRIPTION ACCOMMODATION
Constructed in 1838, 28 Fitzroy The property has been measured by Square is an attractive mid-terraced Plowman Craven in accordance with brick Georgian townhouse building. both the RICS Code of Measuring Practice (6th Edition) providing Net Since the 1960s it has been the Internal Areas and the RICS Property headquarters of the Magistrates’ Measurement (1st Edition) providing Association and they currently IPMS 2 and 3 areas. The full measured occupy the entire building. survey is available on the data site.
The property is currently used as B1offices and provides five floors of useable space. The office space benefits from good natural light and impressive views across the square from the principal rooms.
Heater FITZROY SQUARE NIA IPMS 3 GIA IPMS 2 FITZROY SQUARE Floor Sq m Sq ft Sq m Sq ft Sq m Sq ft Sq m Sq ft Third 46.6 502 47.7 513 63.4 682 63.5 684 Second 43.6 468 44.9 483 63.8 687 63.9 688 First 63.3 681 65.0 700 82.1 884 82.5 888 Ground 57.6 620 59.5 650 81.5 877 81.8 880 Lower Ground 89.2 962 98.4 1,059 135.8 1,462 135.9 1,463 Total 300.3 3,233 315.5 3,359 426.6 4,592 427.6 4,603 Plans are not to scale. For indicative purposes only. FITZROY SQUARE
6 | 28 FITZROY SQUARE 7 | 28 FITZROY SQUARE TENANCY PLANNING This property will be available subject 28 Fitzroy Square is currently used by to a short term sale and leaseback. the Magistrates Association as office accommodation. We consider that TENURE there is potential for alternative use. The property is Freehold with The building is Grade II* listed and was absolute title under 282653. originally built as a townhouse. It also lies within the Fitzrovia Conservation Area. A submission to the London EPC Borough Camden is likely to be best presented if heritage-led. The property has an EPC score of G - 185. A copy of the EPC and Bilfinger GVA’s Central London Planning recommendations for the building team have produced a full planning report is available on the data room. which is available on the data site. VAT PROPOSAL The property is not elected for VAT. Offers are invited for the Freehold interest. DATA ROOM An electronic data room can be found at http://28fitzroysquare.gva.co.uk. Login details are available on request.
CONTACT For further information or to arrange an inspection please contact:
Christopher Strong Maxim Vane Percy Charles Walker 020 7911 2080 020 7911 2771 020 7911 2687 [email protected] [email protected] [email protected]
gva.co.uk 020 7236 6363
Bilfinger GVA is the trading name of GVA Grimley limited, conditions under which particulars are issued by GVA Grimley Limited for themselves, for any joint agents and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. (ii) all descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) no person in the employment of GVA Grimley Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property. (iv) all rentals and prices are quoted exclusive of VAT.
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