21-22 Poland Street, Soho, London W1

Freehold Investment Opportunity

Attractive Art Deco building in a prime Soho location, offering both leisure and office accommodation.

  • Prime Soho location prominently situated on the east side of Poland Street.
  • Excellent transport links and well positioned to benefit from the opening of the Elizabeth Line (Crossrail) in Autumn 2019 at Tottenham Court Road.
  • Attractive Art Deco building providing 8,651 sq ft (803.7 sq m) of restaurant/bar and office accommodation arranged over basement, ground and five upper floors.
  • The office accommodation was comprehensively refurbished in 2016 to a high specification and benefits from excellent natural light.
  • Multi let to five tenants including Pepsico International Limited and Brewdog Bars Limited (guaranteed by Brewdog Plc).
  • Average weighted unexpired lease term of 6.8 years to expires.
  • The total current rent is £640,225 per annum.
  • The restaurant / bar rent equates to only £90 psf on ground floor trading which provides good opportunity to increase the rent at the May 2019 rent review.
  • Freehold.
  • The vendor is seeking offers in excess of £14,500,000 (Fourteen Million, Five Hundred Thousand Pounds) subject to contract and exclusive of VAT, which reflects a net initial yield of 4.13% after allowing for purchaser’s costs of 6.73%.

Download associated documents

Marketing Particulars - PDF

Contact Details

Ryan Springer

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Office number: 0203 667 5050
Mobile number: 07932 792 531

Alexis Nicolas

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Office number: 0203 667 5050
Mobile number: 07932 708 881