Portman House

Marylebone W1C
E
Commercial building

Key Details

Address
484-504 Oxford Street, London W1C 1HG
Local Area
Marylebone
Local Authority
City of Westminster
County
Greater London
Country
England
Completion
2001
Buildings
1
Use Classes
E
Website

Overview

Portman House provides 146,550sq ft (13,615m2) of multi-tenanted offices and retail accommodation at a total rent of £ 11.5 million per annum. The property is held on a long lease from The Portman Estate for a term expiring 2152.

The 101,857 ft2 (9,462 m2) of air-conditioned office space is located over the second to seventh floors and is let on leases with 3 to 7 years unexpired and passing rents of £49.50 to £80.00 per sq. ft. The 44,695 ft2 (4,152 m2) retail accommodation is located over the ground and first floors and is let to New Look, Russell & Bromley and Boots the Chemist.

History

June 2009 - The building was sold by Land Securities to Kinloss Property Limited, a wholly-owned subsidiary of the Libyan Foreign Investment Company (LAFICO), for £155 million (yield of just over 7.0%). James Andrew International advised Kinloss Property Limited (LAFICO). [Source: Land Securities]

Businesses here in October 2011:
- New Look
- Monsoon
- Russell & Bromley
- Boots pharmacy

Also known as 500 Oxford Street.

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Site & Location

Transport

TUBE
Marble Arch Underground StationCentral
BUS
Orchard Street / Selfridges113, 13, 139, 189, 2, 274, 74, N113, N2, N74

Team

Company
Type
Year
Developer
Architect

Timeline

News, events, milestones and offers from the new development
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News from the companies

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Disclaimer

Information on this page is for guidance only and remains subject to change. Buildington does not sell or let this property. For more information about this property please register your interest on the original website or get in touch with the Connected Companies.