The freehold interest of 125 Shaftesbury Avenue has hit the market with a price tag reportedly in the region of £180m.
The 180,000 sq ft retail and office building, which is owned by Vestas Investment Management and Savills Investment Management, will be sold with vacant possession of the offices. Architects Buckley Gray Yeoman has been appointed to undertake feasibility options for the landmark building.
Ed Bradley, head of central London investment at CBRE and Richard Garside, head of Central London investment at Savills, who have been appointed to market the building, 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.”
