<<

BLOOMSBURY 87 Gower Street, , WC1E 6AA 2,755 SQ. FT. NIA

Attractive Freehold Office Opportunity (255.95 SQ. M.) Self-contained office building with a large garden. Suitable for owner occupation or investment

_ | 87 Gower Street, WC1E 6AA LOCATION 87 Gower Street is located in central Bloomsbury, on its border with , within the borough of Camden. The property benefits from being surrounded by Fitzrovia to the west, Euston to the north, St Pancras to the east and Bloomsbury to the south.

The building sits prominently on the corner of Gower Street and Torrington Place. Gower Street is strategically positioned linking to High , via New . Torrington Place is the main thoroughfare from Court Road to Gray’s Inn Road. _ COMMUNICATION Existing communications are excellent with (Northern and Central lines), Euston Square ( & City, Metropolitan and Circle lines), Warren Street (Victoria and Northern lines) and Goodge Street () within walking distance. There are also numerous bus routes operating along Gower Street providing easy access to the rest of London.

Transport connections will further improve with the completion of at Tottenham Court Road in 2019. This is the most significant infrastructure development in since the opening of the Underground over 150 years ago.

_ THE PROJECT The West End Project is Camden Council’s £35 million scheme to deliver exciting improvements to the heart of Camden’s busy West End. Work is now underway to transform the areas around Tottenham Court Road, Gower Street, Bloomsbury Street, Princes Circus and St Giles, helping the area to continue to grow and flourish.

Major changes include Tottenham Court Road and Gower Street/Bloomsbury Street becoming two way to traffic, reducing congestion and air pollution and speeding up bus routes. There will be new safer provisions for cyclists as well as new and regenerated public and green spaces.

The project will provide safer, greener and more attractive streets for residents and visitors.

TSP is Regulated by RICS | RICS Firm No. 717029 | Company Registration No. 6807280 | VAT No. 977 5366. Registered address 190 Camden High Street, London, NW1 8QP. The Particulars do not form part of any offer of contract. These are issued as a general guide, but do not constitute representation of fact. Parties should satisfy themselves as to the accuracy stated, all prices/rents are quoted exclusive of VAT. BLOOMSBURY | 87 Gower Street, WC1E 6AA

_ DESCRIPTION 87 Gower Street comprises an end of terrace, Grade II listed Georgian townhouse built by Francis, Duke of Bedford in 1789.

The property is three storeys in height above the ground floor and basement, with a stock brick facing, a plain papapet and slate-covered mansard roof with dormer windows.

The building is accessed directly from Gower Street with a spacious entrance hall leading to the common areas. All floors provide office accommodation benefitting from good natural light, views over Gower Street and the building’s garden, and generous floor-to-ceiling heights throughout.

The accommodation currently benefits from the following specification; • Period Features • Kitchenette facilities • Male & female WC’s • Rear ground floor garden and lower ground floor courtyard area • Storage areas in the basement and loft area above the third floor landing

DESCRIPTION GIA SQ. FT NIA SQ. FT Basement 1,095 586

Ground 994 533 First 761 589 Second 757 535

Third 675 512 Loft 339 - TOTAL 4,621 2,755

TSP is Regulated by RICS | RICS Firm No. 717029 | Company Registration No. 6807280 | VAT No. 977 5366. Registered address 190 Camden High Street, London, NW1 8QP. The Particulars do not form part of any offer of contract. These are issued as a general guide, but do not constitute representation of fact. Parties should satisfy themselves as to the accuracy stated, all prices/rents are quoted exclusive of VAT. BLOOMSBURY | 87 Gower Street, WC1E 6AA

_ PLANNING The property is located within the . The building is Grade II Listed and falls within the Bloomsbury Conversation Area.

The Freeholder has received planning permission to improve the layout of the lower ground floor, allowing an increase in useable floor area.

Planning Application number: 2018/4332/P.

_ REFURBISHMENT The property offers an excellent opportunity to investors and owner occupiers to refurbish the existing office accommodation.

_ TENURE The property is held Freehold under title number NGL498758.

The property is available with Vacant Possession.

_ INSPECTIONS Inspections for the property can be arranged via the sole agent, TSP.

TSP is Regulated by RICS | RICS Firm No. 717029 | Company Registration No. 6807280 | VAT No. 977 5366. Registered address 190 Camden High Street, London, NW1 8QP. The Particulars do not form part of any offer of contract. These are issued as a general guide, but do not constitute representation of fact. Parties should satisfy themselves as to the accuracy stated, all prices/rents are quoted exclusive of VAT. BLOOMSBURY | 87 Gower Street, WC1E 6AA

_ _ USE CLASS FOR FURTHER INFORMATION PLEASE B1a. CONTACT SOLE AGENTS

_ TSP PROPOSAL 020 7284 9040 Unconditional offers are invited in excess of £3,000,000 for the freehold interest. James Keisner Jonathan Vanstone-Walker A purchase at this price reflects a low capital value of £1,089 per sq. ft on the Net Internal Area [email protected] [email protected] and £649 per sq. ft. on the Gross Internal Area. 020 7284 9057 020 7284 9044 _

VAT David Simnock The building is not elected for VAT. [email protected] 020 7284 9050 _ EPC www.tspuk.com

The property has an Energy Performance Certificate Rating of D (95). A copy of the full EPC is available upon request. November 2018

TSP is Regulated by RICS | RICS Firm No. 717029 | Company Registration No. 6807280 | VAT No. 977 5366. Registered address 190 Camden High Street, London, NW1 8QP. The Particulars do not form part of any offer of contract. These are issued as a general guide, but do not constitute representation of fact. Parties should satisfy themselves as to the accuracy stated, all prices/rents are quoted exclusive of VAT. BLOOMSBURY | 87 Gower Street, WC1E 6AA

TSP is Regulated by RICS | RICS Firm No. 717029 | Company Registration No. 6807280 | VAT No. 977 5366. Registered address 190 Camden High Street, London, NW1 8QP. The Particulars do not form part of any offer of contract. These are issued as a general guide, but do not constitute representation of fact. Parties should satisfy themselves as to the accuracy stated, all prices/rents are quoted exclusive of VAT.