73-89 Oxford Street

Soho W1D
E
Commercial building

Key Details

Address
73-89 Oxford Street, London W1D 2ES
Completion
April 2017
Size
88100 sq ft
Buildings
1
Use Classes
E

Overview

73-89 Oxford Street is a mixed-use building on Oxford Street, London W1.

The 88,100 sq ft commercial development is located at the junction of Oxford Street and Dean Street, opposite the Tottenham Court Road Crossrail Station in London W1.

The development consists of 5,150 sq m of high quality ‘Grade A flexible office space and 3,100 sq m of retail space at street and lower levels.

The office entrance is at 1 Dean Street opposite to the new Crossrail entrance of Tottenham Court Road Station.

History

Premier House at 73-89 Oxford Street was demolished to make way for the new development that completed in 2017.

2016 - GPE sells the development to Norges Bank Real Estate Management.

2016 April - GPE acquired for £71.0 million the entire issued share capital of 73/77 Oxford Street Ltd, a debt free company, owning three properties in London's West End, including 73/89 Oxford Street. Before acquisition, GPE had a 250-year head lease from February 2011, geared to 10% of rents received following practical completion of the scheme; the head rent prior to PC is £620,000 per annum. As a result of the purchase, we have created a 100% prime asset, adjacent to a Crossrail station, in one of the London's most exciting locations;


Sources:
- Lifschutz Davidson Sandilands www.lds-uk.com

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Site & Location

Transport

TUBE
Tottenham Court Road Underground StationCentral, Northern
BUS
Oxford Street / Soho Street390, 55, 73, 98, N207, N25, N55, N73, N8, N98

Team

Company
Type
Year

Timeline

News, events, milestones and offers from the new development
+ Post a new milestone

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.