Under Offer

TypeOffice Investments

W1W 68 Great Portland Street, Fitzrovia, London

TenureFor sale

68 Great Portland Street, Fitzrovia, London, W1W1/30

Specification

Building size
Building size3,560sqft
Property type
Property typeOffice Investments
Tenure
TenureFor sale

Description

The subject property comprises a prominent corner building arranged over ground, lower ground and four upper floors. The ground floor benefits from a prominent dual window frontage, whilst the upper floors benefit from excellent levels of natural light throughout, with attractive views over Great Portland Street and the surrounding Fitzrovia streetscape. The building is serviced by a passenger lift providing access to

all floors.

Corner building with frontages onto Great Portland Street and Little Titchfield Street

Positioned in the heart of Fitzrovia

Arranged over Lower Ground, Ground and four upper floors

Let to five tenants producing a current income of £192,620 pa

The blended passing rent (£54.10psf) is considered reversionary when compared to prime Fitzrovia rents

Opportunity to enhance the rental income through refurbishment and asset management

3,560 sqft | 330.8 sqm NIA

Offers are invited at a guide price of £3,850,000 (Three Million Eight Hundred and Fifty Thousand Pounds) for the benefit of the Virtual Freehold interest (896 years unexpired)

Location

Great Portland Street is one of Fitzrovia's principal thoroughfares, connecting Regent's Park with Oxford Street and forming a key commercial spine within the West End.

The area offers an established mix of office, retail, leisure and residential occupiers, supported by excellent transport links and a highly accessible Central

London .

Fitzrovia is renowned for its character, combining elegant period architecture with a vibrant business community and an excellent selection of cafés, restaurants and lifestyle amenities. The property is also within easy reach of Marylebone, Soho, Mayfair and Bloomsbury, placing it at the heart of one of London's most desirable mixed use districts.

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