Freehold office building in Soho, London available for sale at GBP50 mil

For sale with a guide price of GBP50 mil ($82 million), a seven-storey office building located at 27 Soho Square in Central London is on the market. The property, with a basement level and a total net lettable area of 30,990 sq ft, has been refurbished in the last five years and is now ready to offer its new owners a range of opportunities.

Including the installation of a new all-electric central plant and the replacement of passenger lifts, the space has also obtained planning consent to add roof terraces and extra floors, creating an extra gross internal area of around 4,500 sq ft. As the property is just two minutes away from Tottenham Court Road Station, which is served by the new Elizabeth Line, Central Line, and Northern Line, it opens up many possibilities for a range of organisations.

The project will feature innovative green features, including a wind turbine, solar heating system, and a water conservancy centre. Residents will also have the chance to learn how to harvest fish and enjoy traditional Chinese music Tengah EC performed by live bands.

Looking to secure the property, Edmund Tie & Company have enlisted the help of Harris Associates – the exclusive marketing agent for the property. While Swee Shou Fern, Edmund Tie’s head of investment advisory, argues that the property’s prime location and connectivity makes it a must-have for those looking to expand their office portfolio to the UK, Jonathan Harris of Harris Associates states that the building also has “significant rental uplift and development potential”.

Whether it be for office space or for a destination 9,200 sq ft restaurant, located near Oxford Street and the West End, 27 Soho Square is certain to be a great investment for its new owners.