51 Tottenham Court Rd | London W1T 2EQ
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- LoopNet Team
51 Tottenham Court Rd
London W1T 2EQ
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime mixed-use Freehold situated on Tottenham Court Road within Fitzrovia.
- The building is well located on the western side of Tottenham Court Road, between the junctions of Goodge Street and Windmill Street.
- The property offers various asset management opportunities, such as residential conversion, refurbishment and re-configuration.
- The current passing rent (£266,500, subject to the new lease on no.51 being signed) is considered highly reversionary.
- Excellent communication links, with Goodge Street (Northern Line) and Tottenham Court Road (Central, Northern and Elizabeth Line) both within a few minutes walking distance.
- The property is mixed-use, comprising retail, offices and residential. Once the proposed conversion works at 52 TCR are completed, the assets will comprise two Class E Retail premises and 7 apartments.
- Planning permission granted for the re-configuration of the ground floor and to convert the vacant offices to residential.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,223 SF
Building Class
B
Year Built
1880
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
9’
Building FAR
0.43
Lot Size
0.06 AC
Frontage
45’ on Tottenham Court Road
AMENITIES
- Bus Line
- Metro/Subway
- Security System
- Signage
- Storage Space
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