14A Shouldham St 5,609 SF Office Building London W1H 5FJ $10,176,391 ($1,814.30/SF)

14A Shouldham Street invites buyers to explore the possibilities of this early 19th-century property, now transformed to offer a contemporary work environment in the centre of Marylebone. This is a prime freehold office opportunity offering immediate vacant possession. Offers are invited in excess of £7,500,000, subject to contract and exclusive of VAT. This reflects an attractive capital value of £1,337 per square foot net internal area (NIA) and £1,025 per square foot gross internal area (GIA).

In 2019, 14A Shouldham Street underwent a comprehensive refurbishment and extension to create best-in-class, creative office accommodation, arranged over the lower ground, ground, and two upper floors. Subsequent upgrades to the building were completed in 2022. The total NIA extends to 5,609 square feet and GIA to 7,314 square feet.

The property benefits from dual access off Shouldham Street, which leads into a modern reception and a client meeting room area. There is a central lift shaft providing access to all floors, in addition to a stair core located at the north of the property for secondary access. Floor plates range from 1,034 to 1,568 square feet. The lower ground has been fitted with a modern kitchen and breakout area, featuring a private courtyard to the front, which allows in excellent natural light. The upper parts of the building provide modern, open-plan office accommodation, and all floors benefit from WC provision.

Another potential usage avenue for 14A Shouldham Street is redevelopment. The property is not listed, but it is situated within the Molyneux Conservation Area and benefits from Use Class E, with opportunities for a number of other uses. The property is located outside the Westminster Article Four direction, thereby allowing for residential conversion under Permitted Development Rights. Prospective purchasers are advised to make their own inquiries in order to satisfy themselves in this regard.

14A Shouldham Street is situated in the exclusive London Village of Marylebone, at the heart of London’s West End. Marylebone is an internationally renowned commercial, residential, and recreational address, famed as one of the most desirable districts in London. Bordered by Regent’s Park to the north, Mayfair to the south, Fitzrovia to the East, and Paddington to the west, Marylebone benefits from a wealth of amenities, with an exceptional mix of retail, leisure, restaurants, and hotels. This sits among one of the world’s most prestigious commercial districts, now home to an array of international office occupiers, including Lazard, PIMCO, BDO, Bridgepoint Capital, and British Land. Whilst Marylebone benefits from excellent transport connectivity, hosting five underground stations within its borders, 14A Shouldham Street is within a short walking distance to some of London’s prime retail, cultural, and food and beverage (F&B) hubs such as Bond Street, Marylebone High Street, Selfridges, and the Wallace Collection.