Located in the Heart of Fitzrovia

53 Goodge Street, London, W1T 1TG

2017-04-19 13.03.48.jpg
Image from Google Street View - 156
2017-04-19 13.07.07.jpg
2017-04-19 13.06.54.jpg
2017-04-19 13.16.07.jpg
Property Type Investment
Availability For Sale
Size 1,305 sq ft
Freehold Price Offers in excess of £2,300,000

A Corner Sited Mixed Use Freehold Investment located in Central London in the Heart of Fitzrovia


Goodge Street is located to the north of Oxford Street and west of Tottenham Court Road in the West End. Located in Fitzrovia the area is an increasingly popular Central London location and has attracted a combination of major occupiers from the media, broadcasting and creative sector together with boutique restaurants. The property is located on the corner of Charlotte Place and Goodge Street and in close proximity to the redevelopment of the former Middlesex Hospital, developed by Exemplar, in partnership with Aviva and Kaupthing. Fitzroy Place provides 235 private apartments, 20,000 sq ft of retail/restaurant space, 220,000 sq ft of commercial space including the head office for Estee Lauder in addition to health and educational facilities and public open space. The property benefits from excellent communication links with Goodge Street (Northern Line) Tottenham Court Road (Central and Northern Lines), Warren Street (Northern and Victoria Lines), all within easy walking distance. In addition the property is well served by several bus services providing direct access to Kings Cross/ St Pancras International, Victoria and Charing Cross, Putney and Hammersmith.

Key Points

  • Mixed use building located in the heart of Fitzrovia
  • Unique opportunity to acquire an impressive corner sited building
  • Freehold
  • Value add opportunity to convert the first and second floor offices to residential use, subject to planning
  • Current Rent of £80,300 per annum
  • Offers in excess of £2,300,000

An impressive corner sited period building forming part of a terrace of similar properties, arranged over basement, ground and four upper floors.

The ground and basement floors are used for restaurant and hot food take away. The self contained upper floors comprise offices at first and second floor and a maisonette over the third and fourth floors that has now been sold off.



Tenancy Schedule

See Marketing Brochure attached.


We have been instructed by the vendor to seek offers in excess of £2,300,000 subject to contract, for the freehold interest reflecting a net initial yield of 3.28% after allowing for purchasers costs of 6.34%.

Legal Costs

Each party to be responsible for their own legal costs incurred in this transaction.

Savoy Stewart - London Commercial Property Experts

Savoy Stewart is a commercial property agent and commercial property surveyor located on Oxford Street, in the heart of London. We provide comprehensive services that meet specific commercial property needs all around London and the surrounding areas.

Why choose Savoy Stewart for London commercial property?

  • We're the first choice for many new to market properties due to our reputation in
    the London market.

    Experience working with household name clients such as Campari, Heineken and TomTom as well as independent clients puts us in position find the property to best suit your needs.
  • We can often negotiate better prices for our clients
    by utilising local knowledge and leveraging our established position in the London market.
  • Find the right property in the quickest possible time.
    We understand just how important your time is and we are dedicated to fulfilling your needs quickly and accurately.

We also offer a range of specialist property services including:

  • D1 Properties
    Our focus on D1 properties mainly includes properties for educational, religious and medical/dental use.
  • Retail Properties
    We work with landlords and retailers in the Greater London area to provide viable retail properties.
  • Serviced Offices
    Browse through over a 1000 serviced offices perfect for short term requirements and small businesses.

Our Services:

  • Lettings and sales
    Are you looking to sell or rent property? Or are you looking to acquire new premises? Our Letting and sales team can help with all aspects to help you with your property.
  • Investment advice
    Are you looking to identify lucrative new investment opportunities? Our investment advice team offer unbiased advice on all aspects of property investment for both UK and overseas investors.
  • Rent reviews
    Do you need help to arrange the best rental agreement for your property or business? Our rent reviews team offer impartial advice for landlords and tenants to negotiate agreements between both parties. Our chartered surveyor expertise means that we can also advise on legal issues.
  • Lease renewals
    Do you need help with the complicated lease renewal process? Our lease renewals team can help you avoid the pitfalls and traps when renewing your lease and many of our clients find this service invaluable.
  • Management
    Would you like us to manage your commercial property? We offer a competitively priced management service suited to your property. Our team work to establish a relationship between both landlord and tenant to recognise and minimise any potential difficulties as early as possible.

Savoy Stewart at a glance

If you would like further information regarding any of our services
just call us on 020 7495 3666.