Mortimer House on the corner of Mortimer Street and Wells Street in Fitzrovia, London W1.

Mortimer House on the corner of Mortimer Street and Wells Street in Fitzrovia, London W1.

21.11.2019
Mortimer House

Mortimer House

June 2012
Mortimer House entrance on Mortimer Street.

Mortimer House entrance on Mortimer Street.

June 2012
Mortimer House

Mortimer House

June 2012

Mortimer House

Address:
37-41 Mortimer Street, London W1T 3JH
Type:
Commercial
Size:
31,200 sq ft
Offices:
1
Viewed:
11617

Description of Mortimer House

Mortimer House is a commercial building in London W1.

Home to Mortimer House kitchen and Maslow's Art Deco style workspace.

The office property, extending to circa 23,800 sq. ft. net internal area (31,200 sq. ft. gross internal area) benefits from consent for a triple B1/A1/A3 use on the ground and basement floors.

Entrance to the building from the side on Mortimer Street and on the corner of Wells Street.

History

2016 April - Great Portland Estates sells Mortimer House to Guy Ivesha for £26.95 million. The 23,800 sq ft office property was vacant and had the necessary planning consents to undertake a comprehensive refurbishment. However, as a consequence of the strong demand at the time for vacant refurbishment opportunities, it made financial sense to sell the property and secure profit. The sale completed in June 2016.

Connected Companies

Transport

The nearest tube, train and bus stations.
Oxford Circus Underground Station
Bakerloo, Central, Victoria
Great Titchfield St / Oxford Circus Stn
390, 55, 73, 98, N207, N25, N55, N73, N8, N98

News: (2)

Great Portland Estates plc has exchanged contracts to sell Mortimer House, 37/41 Mortimer Street for a price of £26.95 million.

The office property, extending to circa 23,800 sq. ft. net internal area (31,200 sq. ft. gross internal area) is currently vacant, and benefits from consent for a triple B1/A1/A3 use on the ground and basement floors.

The buyer is a new vehicle set up by hotelier Guy Ivesha, in joint venture with Cain Hoy and other private investors, who plan to operate a premium work and lifestyle concept with a strong emphasis on hospitality.

Hugh Morgan, Head of Investment Management at GPE said "we had the necessary consents in place to undertake a comprehensive refurbishment of Mortimer House in a supply constrained West End occupational market. However, as a consequence of strong demand for vacant refurbishment opportunities, it made sense to sell Mortimer House now and invest the proceeds for higher returns in our exceptional development programme.”

Source: GPE gpe.co.uk 29.05.2016

14/05/2016 17:41 by Buildington

New on Buildington!

09/06/2012 22:39 by Buildington

*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.

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