Hammer House - Hanover Green

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Hammer House London, W1F 0UN

Size 15,834 sq ft - 15,834 sq ft

For Sale £18,750,000

Prime West End Freehold Investment in Soho

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Specification

Prime mixed-use freehold, in the heart of Soho
Attractive art-deco building, comprising 15,834 sq ft of high quality office and retail accommodation
Strong ESG credentials with EPC’s of ‘B’ across the offices and retail
300m to recently-opened Elizabeth Line services at Tottenham Court Road (Western Entrance - Dean Street)
Within 5 minutes walk to Oxford Circus and Piccadilly underground stations
13,474 sq ft (1,262 sq m) of high-quality office accommodation arranged over lower ground and six upper floors
Four office tenants with a passing rent of £835,217 per annum, reflecting a reversionary rent of £61.49 per sq ft
Offices benefit from excellent natural light and well configured floorplates
Panoramic views of London on the upper floors
Newly installed bike parking and showers at lower ground floor
Two ground floor retail units, totalling 2,294 sq ft (209 sq m), with prominent frontages on Wardour Street
Retail income of £205,000 per annum, which reflects £91.15 per sq ft
Total passing rent of £1,040,217 per annum
WAULT of 3.7 years to expiries and 2.9 years to breaks

Property overview

Hammer House, located at 113-117 Wardour Street, is an historic building that was once the home of Hammer Film Productions. The Art Deco style building was originally constructed in the 1920s and features an attractive portland stone facade with large windows and classic detailing.

The property is multi-let to 6 tenants and comprises 15,834 sq ft (NIA), arranged over lower ground, ground and seven upper floors.

Strong ESG credentials with EPC’s of ‘B’ across the offices and retail.

The offices have been refurbished and modernised to provide 13,584 sq ft (NIA) of high quality accommodation. The floor plates range between 1,000 – 2,500 sq ft, are open plan and benefit from excellent natural light on three aspects.

The common parts and WCs were comprehensively refurbished in 2021. There are also newly installed communal end of journey amenities at lower ground floor including bike parking and showers.

The two ground floor retail units comprise 2,249 sq ft and benefit from prominent Wardour Street frontages.

Hammer House benefits from excellent communications being centrally located in Soho and within short walking distance of Tottenham Court Road, Oxford Circus, Piccadilly Circus, Leicester Square and Covent Garden underground stations.

In addition to the underground stations, there are numerous bus routes along Oxford Street and Charing Cross Road, both within close proximity of Wardour Street.