125 Shaftesbury Avenue

125 Shaftesbury Avenue for sale

22/06/2023 by Buildington
 
Site for sale

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


This one-acre site comes with an impressive 180,000 sq ft of superior retail and office space, offering far-reaching views over London.


Following some asset management efforts, the building will be clear of office tenants, setting the stage for a new chapter. Architects of Buckley Gray Yeoman are on board to go over potential redesigns for this standout property.


The building has a history of attracting some of London's most innovative businesses, including BT, Yahoo and, most recently, Meta. Its appeal has only risen since its last refurbishment in 2018, owing to its proximity to the Elizabeth Line station at Tottenham Court Road.


Ed Bradley, Head of Central London Investment at CBRE and Richard Garside, Head of Central London Investment at Savills commented: “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.”

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