24-28 Bloomsbury Way - Office FOR SALE


London, LND WC1A 2SL
$35,500,000 USD
24-28 Bloomsbury Way, London, LND for Sale
$35,500,000 USD
Office - FOR SALE
1/1
null | 5.3% Cap Rate

24-28 Bloomsbury Way
London, LND WC1A 2SL


HIGHLIGHTS

  • Recent consent for a 1,722 sq ft terrace addition on the fourth floor
  • Excellent natural light and generous ceiling heights throughout the building
  • Located within London’s Knowledge Quarter, a vibrant hub for multiple sectors

OVERVIEW

4-28 Bloomsbury Way is a 44,657 sq ft freehold office building located in the West End of London. The property is currently single-let to WPP Plc, a leading global advertising and communications group, with a lease in place until October 2030. The building offers substantial reversionary potential, as the passing rent is significantly below the Estimated Rental Value (ERV), providing an opportunity for rental growth. The property is strategically positioned near Elizabeth Line services at Tottenham Court Road, with excellent transport links and a Public Transport Accessibility Level (PTAL) of ‘6b.’ Its location within London’s Knowledge Quarter further enhances its appeal as a potential investment.

FOR SALE DETAILS

PRICE

$35,500,000 USD

PRICE/SF

$795 USD /SF

CAP RATE

5.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

1849

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

-

APN/PARCEL ID

NGL583668

ASK ABOUT THIS PROPERTY

James PurdonSavillsMore Info

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James PurdonSavillsMore Info

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