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43-49 Parker St
London WC2B 5PS
Hexagon Building · Office Property For Sale

Investment Highlights

  • Virtual freehold commercial premises with vacant possession
  • The consented use is for B1 offices, but the accommodation is highly flexible and would be suitable for retail, health and fitness, medical and other
  • The property is available either on a rental basis, on a lease direct from the landlord or via a purchase of the virtual freehold interest
  • Exceptionally well located in Covent Garden, one of London’s premier submarkets
  • Very suitable for owner occupiers or private investors

Executive Summary

The property comprises a newly developed commercial unit arranged over basement, ground and first floor, occupying a prominent corner position with an impressive, double-height, glazed frontage. It forms part of the iconic residential development, the Hexagon Apartments, which extends above to 15 storeys of luxury apartments and penthouses. The property occupies a prominent Covent Garden position, moments from the world renowned Covent Garden Piazza, the variety of retail and amenities on offer along Long Acre and Seven Dials and a wealth culture and theatre with Theatre Royal Drury Lane, the Royal Opera House and the British Transport Museum all nearby. Covent Garden has seen significant commercial regeneration over the last 10 years by major local landowners including Capco and Shaftesbury, helping diversify the office occupier base. Schemes such as Central St Giles and The Post Building have attracted highly successful blue chip tenants such as Google, Red Bull, McKinsey & Co, Rothesay Life and Petro China. Covent Garden draws in 40 million visitors a year, making it one of the world’s most popular retail and leisure destinations, attracted by internationally recognised retail brands, and a wealth of restaurants such as The Ivy; Frenchie; The Petersham; Cora Pearl; The Oystermen; Balthazar; Roka and the Delaunay, all within a 5-minutes walk. As a result, Covent Garden is a key destination for London’s hospitality industry, with notable hotels including The Waldorf; The Me Hotel; The Savoy and W London. The property benefits from excellent transport connections and lies within five minutes walking distance of Covent Garden (Piccadilly Line), and Tottenham Court Road stations (Central, Northern and Elizabeth Lines) with Holborn (Piccadilly and Central Lines) two minutes away. The building is located 500 metres south east of Tottenham Court Road station, one of the principal Elizabeth Line stations, cementing Tottenham Court Road and Covent Garden as one of London’s best connected locations. Conveniently located for fast access to the City, King’s Cross St Pancras, Heathrow Airport and West London, being within a few minutes’ walk of Covent Garden and Holborn underground stations on the Piccadilly and Central lines.

Property Facts

Property Type Office
Property Subtype Office/Residential
Building Class B
Lot Size 0.32 AC
Rentable Building Area 5,487 SF
No. Stories 3
Year Built 2019
Tenancy Single
APN / Parcel ID
BB10137
  • BB12676
  • BB13146
  • BB13148
  • BB13149
  • BB13150
  • BB136
  • BB18473
  • BB291
  • BB294
  • BB4669
  • BB4670
  • BB4671
  • BB4673
  • BB4674
  • BB7821
  • BB7822
  • BB7823
  • BB7824
  • BB7825
  • BB7826
  • BB7827
  • NGL988682

Amenities

  • Skylights
  • Storage Space
  • Bicycle Storage
  • Reception
  • Listing ID: 22071359

  • Date on Market: 1/26/2021

  • Last Updated:

  • Address: 43-49 Parker St, London WC2B 5PS

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