London,
16
June
2023
|
08:39
Europe/London

Following asset management 125 Shaftesbury Avenue, W1 is to be brought to the market

Opportunity to acquire a rare one acre freehold in the heart of the Tottenham Court Road regeneration

 Vestas Investment Management and Savills Investment Management have appointed CBRE and Savills to sell the freehold interest of 125 Shaftesbury Avenue.  

The one acre site encompasses 180,000 sq ft of best in class retail and office accommodation which offers panoramic views across London.

 Following asset management initiatives, the building will be sold with vacant possession of the offices. Renowned architects, Buckley Gray Yeoman, have been appointed to undertake feasibility options for this landmark building.

 Ed Bradley, Head of Central London Investment at CBRE and Richard Garside, Head of Central London Investment at Savills said: “Opportunities to acquire 180,000 sq ft of best-in-class real estate, in an area with an undoubted track record of significant pre-lets rarely come to market and we’re expecting significant investor interest, given the substantial optionality available. The building has a strong history of attracting Central London’s most innovative businesses including BT, Yahoo and most recently Meta. Since it was last refurbished in 2018 its appeal has been further supported by the proximity to Elizabeth Line station at Tottenham Court Road.”