CM13 Lutea House, Warley Hill Business Park, Brentwood

Well Maintained Office on Warley Hill Business Park, Brentwood - 19,662 ft²

Lutea House comprises a purpose built and self-contained office building arranged over ground and two upper floors totalling 19,662 sq ft (NIA). The tenants undertook a substantial refurbishment and refit in line with its use as a headquarters building in 2018.

The property benefits from 54 on-site car parking spaces providing a car parking ratio of 1:352 sq ft on the office accommodation, excluding reception.

Located just 21 miles from Central London, Brentwood is an affluent commuter town and well-established office in the north-eastern sector of the M25.

Excellent transport communications with access to two junctions of the M25 within 2 miles, regular rail services to Central London with a fastest journey time of 31 minutes. The Elizabeth Line provides 161 train services from Brentwood to Canary Wharf, with a fastest journey time of 45 minutes and thereon to the City, West End, Heathrow Airport and Thames Valley.

Lutea House is located on Warley Hill Business Park where other occupiers include Vistry plc, Regus, FRP Advisory, Imperial Chemicals Group, Swift Group and Spire Healthcare.

The property comprises a self-contained headquarters office building arranged over ground and two upper floors totalling 19,662 sq ft.

54 car parking spaces providing an excellent car parking ratio of 1:352 sq ft.

Let to Shawbrook Bank Ltd at a low rent of £402,633 (£20.48 per sq ft) until 28th September 2026, who have recently served their notice to leave, due to a corporate strategy of focusing on their London HQ.

The tenant formerly used the building as its Headquarters, until taking a new building in the City of London, and has fitted and maintained the building in line with this profile.

Rents on the business park have hit £30 psf as demonstrated by the 4,800 sq ft letting in Juniper House to Spire Healthcare at that level in June 2024.

The neighbouring building, Arcadia House, has previous approval for Permitted Development Rights thereby indicating potential for alternative uses.

Brentwood is an affluent commuter town with a population of circa 55,430 (2021) and is a well established office in the north eastern sector of the M25, 21 miles north east of Central London and 11 miles south-east of Chelmsford.

As a result of its excellent transport connectivity to both Central London and the surrounding areas, Brentwood has attracted well established, national occupiers including , Sky, BT, The National Centre for Social Research, Equity Insurance, Ford Motor Company, Bibby Financial Services, Intertek, Crest Nicholson, McClaren Construction Group plc, FRP Advisory and Vistry plc, due to its transport links and affluent population.

The property has an EPC rating of B (41) which expires 24/9/2033.

The estate charge budget apportionment for Lutea House is 25.48% of the whole and for the year ending 31st March 2027 is £8,172 which equates to £0.42 per sq ft.

The site totals 0.38 hectares (0.95 acres).

Freehold.

The property is let in its entirety to Shawbrook Bank Ltd until 28th September 2026, at a low rent of £402,633 (£20.48 per sq ft). They have confirmed they will leave on expiry as part of a strategy to focus on their new London Headquarters.

Lutea House is situated on Warley Hill Business Park less than 1 mile south of Brentwood town centre. The town centre amenity offering includes The Baytree Shopping Centre, shops and restaurants on Brentwood High Street and a Premier Inn hotel. Brentwood railway station is within walking distance of Lutea House being just over 0.5 miles from

the property, between Warley Hill and the town centre.

Warley Hill Business Park is a key commercial in Brentwood and has attracted

occupiers including Vistry plc, Regus, FRP Advisory, Imperial Chemicals Group, Swift Group and Spire Healthcare.

The surrounding area is characterised by predominantly residential dwellings as well as a DW Fitness First gym and leisure centre, Winifred Dell Care Home, and Warley Primary School.