Property photos
Just added
Freehold
£2,250,000
(£538.02/sq. ft)
Retail premises for sale
405 Strand, London WC2R4,182 sq. ft
Local area information
Property location
Nearby amenities
- Savoy Pier 0.1 miles
- The Royal Ballet School 0.2 miles
- Charing Cross 0.2 miles
- St Clement Danes CofE Primary School 0.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Covent Garden, Charing Cross and Aldwych to find out more about the local area.
Features and description
- Freehold
- This prominent freehold commercial investment is positioned on The Strand, one of London’s most established and highfootfall thoroughfares.
- The building is arranged over ground, first, second and third floors, comprising a mix of retail and office space
- The building is multi-let, producing a total passing rent of approximately £92,195 per annum, with one vacant office unit offering immediate reversionary potential
- The property benefits from significant potential to add value through refurbishment or conversion to an alternative use class, subject to planning
- Offers are invited in excess of £2,250,000 (Two million two hundred and fifty thousand pounds) for the freehold interest, subject to contract. A purchase at this level reflects a low capital value of £538 per sq ft.
Description
405 The Strand is a well-configured freehold commercial building, arranged to provide flexible multi-let accommodation across five floors.
The ground floor is occupied by an established retail tenant, with upper floors comprising a mixture of office
and ancillary commercial accommodation. The building benefits from frontage onto The Strand.
Location
405 The Strand occupies a highly prominent position directly next door to the Vaudeville Theatre on one of Central London’s most historic and commercially significant streets. The Strand links the City of London with the West End and benefits from intense levels of pedestrian and vehicular footfall throughout the day and evening.
The immediate surrounding area is characterised by a diverse mix of office occupiers, educational institutions, cultural landmarks, retail, hospitality and leisure uses. The location continues to benefit from strong occupational demand driven by nearby legal, academic, and corporate occupiers, underpinning rental resilience.
405 The Strand is a well-configured freehold commercial building, arranged to provide flexible multi-let accommodation across five floors.
The ground floor is occupied by an established retail tenant, with upper floors comprising a mixture of office
and ancillary commercial accommodation. The building benefits from frontage onto The Strand.
Location
405 The Strand occupies a highly prominent position directly next door to the Vaudeville Theatre on one of Central London’s most historic and commercially significant streets. The Strand links the City of London with the West End and benefits from intense levels of pedestrian and vehicular footfall throughout the day and evening.
The immediate surrounding area is characterised by a diverse mix of office occupiers, educational institutions, cultural landmarks, retail, hospitality and leisure uses. The location continues to benefit from strong occupational demand driven by nearby legal, academic, and corporate occupiers, underpinning rental resilience.
More information
Listed by
Robert Irving Burns
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Property descriptions and related information displayed on this page are marketing materials provided by - Robert Irving Burns. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Robert Irving Burns for full details and further information.