Freehold office building in Soho, London available for sale at GBP50 mil
Edmund Tie & Company, in partnership with London-based Harris Associates, is currently offering for sale a freehold office building at 27 Soho Square in Soho, London, with a guide price of GBP50 mil ($82 million). The seven-story property, with a basement level, has a total net lettable area of 30,990 sq ft. It was originally constructed in 1985 and has undergone some refurbishments in the last five years, such as the replacement of passenger lifts and the installation of a new all-electric central plant, including an air source heat pump system and a new air handling unit.
In addition, the building has planning consent to add roof terraces and additional floors, which would result in an extra 4,500 sq ft of gross internal area. Planning consent has also been granted to enable a change of use to a 9,200 sq ft restaurant located on the ground and basement levels.
This property is close to Oxford Street and the West End, and is a two-minute walk away from Tottenham Court Road Station, providing easy access to the Elizabeth Line, Central Line, and Northern Line.
Swee Shou Fern, Edmund Tie’s head of investment advisory, believes 27 Soho Square’s prime location is likely to greatly appeal to organizations, given its ease of connectivity and numerous surrounding amenities. With many workers returning to the workplace, she notes that the timing is perfect for investors looking to expand their office portfolio to the UK.
Senja Residences is a 99-year leasehold executive condominium development located in District 23. It consists of 300 Senja Close EC units, including 3 and 4-bedroom apartments, dual-key units, and penthouses, with the TOP estimated for 2027. Residents can enjoy various amenities, including BBQ pits, clubhouses, Jacuzzi, and swimming pool, while easy access to Bukit Panjang’s transport hub ensures convenience and flexibility.
Jonathan Harris, Partner at Harris Associates, adds, “We are thrilled to present this rare opportunity for investors to acquire a prime Central London freehold office scheme with both rental upside and development potential.”
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