sign in sign up
<<
Home , Marylebone, Mayfair, Soho

SOHO, , W1 FREEHOLD OPPORTUNITY INVESTMENT SUMMARY

• Freehold.

• Prominently positioned office building fronting Poland Street, one of ’s premier commercial addresses.

• Soho is renowned for being London’s most vibrant and dynamic sub-market in the due to its unrivalled amenity provisions and evolutionary nature.

• Office accommodation totalling 3,399 sq ft (315.5 sq m) is arranged over lower ground, ground and four uppers floors.

• Total gross internal area (GIA) 4,605 sq ft (427.8 sq m).

• Multi-let to four tenants producing a total rent of £133,450 per annum, which reflects a low average rent of £45 per sq ft

• Vacant possession may be possible on request.

• Rare Freehold owner occupier opportunity, which has not been traded in 20 years.

Offers are invited in excess of £4,000,000 (Four Million Pounds), subject to contract and exclusive of VAT. Pricing at this level reflects a capital value of £1,177 per sq ft.

REGENT’S PARK

REGENT’S STREET

OXFORD CIRCUS GOODGE STREET

OXFORD STREET COURT ROAD COURT TOTTENHAM

POLAND STREET SOHO

TOTTENHAM COURT ROAD ()

SOHO SQUARE

TOTTENHAM COURT ROAD LOCATION & SITUATION

Soho has long cemented Renowned for its abundance industries, including Levi’s, Sony its reputation as the most of amenity, Soho is home to an Pictures and M&C Saatchi. dynamic of London’s West array of artisan coffee shops, More recently the area has End ‘villages’, a contrast to it’s lively music venues, boutique appealed to financial and more traditional neighbours of hotels, contemporary bars and corporate occupiers, wanting to , Fitzrovia and Covent iconic restaurants. attract a wider, more dynamic, Garden. The unique cultural, workforce. retail and leisure characteristics Soho has been the destination A of choice for the media,4 0 of Soho attracts over 40 million 0 visitors annually. entertainment and fashion

S O T U E B T RE L H ST GOODGE O A DISH O M VEN M P CA STREET S T NEW B O P U N T R O O Y R R T O T S W REE T T ST L E T H R IS A N ND H E VE N CA A E NEW D M T P C L O U W R A T R R DO D ET U RE R R ST TIME ST MOR FITZROVIA

CAVENDISH R SQUARE E GE TOTTENHAM REET T N ER S T COURT ROAD IM T TREE ORT ORD S W S F M OX A T R SOHO R P C D SQUARE E O HA OXFORD O E L A T A U E T R 4 STRE CIRCUS R N I 2 FORD N OX D S 0 T G 0 S R T C BOND E E R O STREET C T SS T AR TREE N R KS A D B BROO Y COVENT S R T UE GARDEN E SOHO N G E E AV N RY OX STREET T BU S TS COVENT MADD T AF R GOLDEN H E SQUARE S GARDEN E MAYFAIR T

D R E T AN E G E T R E R N T S ST CIRCUS

Y ILL AD CC PI LONDON CHARING CROSS STATION

EMBANKMENT TOTTENHAM COURT ROAD COURT TOTTENHAM DESCRIPTION

45-46 Poland Street was a prestigious Soho address Each floor benefits from originally constructed in the close to its junction with Great broadly rectangular floor 1930s as a purpose built office Marlborough Street. plates averaging 500 sq ft. building that has been subject The floors are largely The building totals 3,399 to a rolling refurbishment column-free, with excellent sq ft (315.5 sq m) of office programme. levels of natural due to accommodation arranged over the highly glazed front and The property occupies a the lower ground, ground and rear elevations. prominent position on the four upper floors. western side of Poland Street,

SPECIFICATIONS:

• Excellent natural light • Shared kitchen facilities on the first and third floors • Vinyl floor coverings • Private fourth floor roof terrace • LED Lighting • Second floor fully sound proofed recording • Air conditioning studio, with possibility to acquire tenant fit-out • Perimeter trunking by separate negotiation • Communal WCs on alternate half landings • Ground floor benefits from use for media related purposes B1 (c) W

FLOOR NIA (SQ FT) NIA (SQ M)

FOURTH 490 45.5

THIRD 594 55.2

SECOND 527 48.9

FIRST 515 47.8

GROUND 520 48.2

LOWER GROUND 753 69.9

TOTAL 3,399 315.5

TENURE

Freehold.

PROPOSAL TENURE & TENANCY

Offers are invited in excess of £4,000,000 (Four Million Freehold. Pounds), subject to contract and exclusive of VAT. Pricing at this level reflects a capital value of £1,177 per sq ft. The property is fully let to four tenants producing a total rent of £133,450 per annum, which equates to a low office passing rent of approximately £45 per sq ft. FURTHER INFORMATION Vacant possession may be possible on request.

Planning VAT The building is situated in the London Borough of The property is elected for VAT. It is anticipated that City Council and sits within the Soho the transaction will be treated as a Transfer of Going conservation area. The property is not listed. Concern (TOGC).

EPC Data Room Available in the data room. Further information can be found at: https://datarooms. allsop.co.uk/register/PolandStreet

Piers Glover Chloe Newton +44 (0)7802 609867 +44 (0)7825 032284 [email protected] [email protected]

Misrepresentation Act: 1. Allsop LLP on its own behalf and on behalf of the vendor/lessor of this property whose agent Allsop LLP is, gives notice that: (a) these particulars do not constitute in whole or in part an offer or contract for sale or lease; (b) none of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact; and (c) the vendor/lessor does not make or give, and neither Allsop LLP nor any of its members or any person in its employment has any authority to make or give, any representation or warranty whatsoever in relation to the property. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor/lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor/lessor and a purchaser or tenant. 2. Prospective purchasers or tenants are strongly advised to: (a) satisfy themselves as to the correctness of each statement contained in these particulars; (b) inspect the property and the neighbouring area; (c) ensure that any items expressed to be included are available and in working order; (d) arrange a full structural (and where appropriate environmental) survey of the property; and (e) carry out all necessary searches and enquiries. Allsop is the trading name of Allsop LLP. Designed and produced by www.tlgd.co.uk November 2020