Fitzrovia Property Investment, London
For Sale 28 Fitzroy Square, London office building with B1 offices.
Description
A fantastic opportunity for a London property investment in the heart of Fitzrovia. Constructed in 1838, 28 Fitzroy Square is an attractive mid-terraced brick Georgian townhouse building. Since the 1960s it has been the Headquarters of the Magistrates’ Association and they currently occupy the entire building. The property is currently used as B1 offices and provides five floors of usable space. The office space benefits from good natural light and impressive views across the square from the principal rooms.
Accommodation
The property has been measured by Plowman Craven in accordance with both the RICS Code of Measuring Practice (6th Edition) providing Net Internal Areas and the RICS Property Measurement (1st Edition) providing IPMS 2 and 3 areas. The full measured survey is available on the data site.
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
Tenure
The property is Freehold with absolute title under 282653
Tenancy
This property will be available subject to a short term sale and leaseback
Location
Fitzroy Square is one of London’s most complete and impressive Georgian Squares and the only one located in Fitzrovia. The square has a rich history of noble and notable residents includingVirginia Woolf and George Bernard Shaw. Fitzrovia is one of the most vibrant parts of the West End. It is located to the south of Regent’s Park, with Bloomsbury to the east, Soho to the south and Marylebone to the west. It is home to some of the most fashionable restaurants in London including Roka, Hakkasan and Berners Tavern, and on its southern boundary sits the shops and hustle and bustle of Oxford Street.
Fitzrovia is an established office location and while historically it has been home to many businesses from the creative industries, it has recently attracted high profile corporate occupiers including all funds Bank, Estee Lauder, Volterra Fietta and Facebook. These recent changes have re-established it as an exciting and dynamic part of the West End. More recently parts of Fitzrovia have seen change through developments such as 1 & 2 Fitzroy Place and Rathbone Square, however, Fitzroy Square remains an oasis of calm and true to its Georgian heritage. It is mostly pedestrianised and benefits from a well landscaped private garden which occupiers of the square can enjoy the benefit of.
Communications
The building benefits from excellent transport links with Warren Street (Victoria and Northern Lines), Great Portland Street (Hammersmith and City, Metropolitan and Circle Lines) and Goodge Street (Northern Line) Underground stations all located within a short walk from the property. It is also within a 10 minute walk of Tottenham Court Road underground station and the Elizabeth Line when it opens in 2018. Euston and Kings Cross / St Pancras mainline stations are both within 1.5 km of the property and provide easy access to national and international rail services. There are also a number of bus routes linking the area to other central London locations.
| Price: | Call for details price |
| Address: | Fitzroy Square |
| City: | London |
| Zip Code: | W1 |
