Featuring two linked properties, with prominent frontages onto both Soho Square and Dean Street, this freehold investment opportunity offers multiple asset management options enabling the successful purchaser to add significant value. This includes consent for change of use in part from office to residential, which has become increasingly valuable in this part of London.
The two buildings comprise 13,499 sq ft of fully let office space, plus an 818 sq ft garage. They are connected at ground and lower-ground levels, with a large lightwell separating the upper floors.
35 Soho Square, which offers tenants excellent views across the picturesque Square itself, has an implemented planning consent to convert the office space into seven residential apartments, with further refurbishment and extension opportunities possible across both properties.
The two buildings are currently multi-let, generating £334,235 per annum, reflecting just £24.76/sq ft. All tenants are on rolling 3-month mutual break options facilitating short-term implementation of asset management options.
Located just two minutes’ walk from Oxford Street and Tottenham Court Road underground stations, the two buildings provide fantastic access to the capital’s transport network – including the new Eliabeth Line at Tottenham Court Road – whilst also enabling tenants to enjoy Soho’s thriving and trendy retail, leisure and dining scene right outside the front door of both properties.