Office for sale in Hanway Street, London W1T

£4,250,000 (£881.38/sq. ft)
Interested in this property? Call +44 20 8166 8213 * or Request Details

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Office for sale

4,822 sq. ft*

Property description

Key Points

  • Class-e Office/Studios Building
  • Suitable For A Variety Of Uses
  • Two Entrances
  • Excellent Natural Light
  • 200 Meters From Tottenham Court Road's New Elizabeth Line Entrance
  • Air Cooling Units
  • Fitted Out With Meeting Rooms
  • Excellent Ceiling Heights On Upper Floors
  • Future Development Potential / Change Of Use (STPP)
  • Option To Purchase As A Clean spv For Significant sdlt Savings
  • Fibre
  • Description

    28-30 Hanway Street is nestled in a prime location just off Oxford Street and Tottenham Court Road. This workspace building boasts abundant natural light streaming in from large windows positioned both at the front and rear of the building, illuminating the high-ceilinged space.

    Equipped with private offices and meeting rooms, this space offers a perfect blend of privacy and collaborative opportunities, while still enjoying access to shared amenities. With the new Elizabeth line just a stone's throw away, the property offers excellent transport connectivity.

    The building presents an exceptional opportunity for development and value enhancement to meet the standard of the neighboring properties. There is potential to add two additional floors, additional massing and reconfiguration, making the project highly viable for optimising its potential.

    Viewings

    Viewings are to be arranged strictly via appointment with LDG or Relm4. Agency Contact details can be found at the back of this brochure.

    Availability_Text

    The accommodation comprises the following areas:

    Price

    £4,250,000

    The property is securely held within a clean Special Purpose Vehicle (spv). Documentation and details confirming the status of the spv can be provided upon request. Consideration will be given to treating any potential sale as a Transfer of a Going Concern (togc). This type of purchase option would yield significant benefits, with an estimated Stamp Duty Land Tax Saving of approximately £200,000.

    Contact

    LDG or our joint agents Relm4 for viewings.

    Possession

    Full vacant possession will be available from March 2025.

    VAT

    The building is elected for VAT.

    Legal Costs

    Each party is responsible for their own legal costs.

    Tenure

    Freehold

    Commute

    Tottenham Court Road. 1 min
    Goodge Street. 5 mins
    Holborn. 13 mins
    Russell Square. 14 mins
    Charing Cross. 16 mins

    Size

    NIA - 4,012 sq.ft.
    Gia - 4,822 sq.ft.

    Photography

    Our marketing includes a CGI rendering of what the building could look like post refurbishment / development. This is for indicative purposes only.

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    LDG, W1W on +44 20 8166 8213 * (local rate)

    Contact LDG about this property

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by LDG, and do not constitute property particulars. Please contact LDG for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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