17/19 Foley Street

17/19 Foley Street, Fitzrovia – Prime Freehold Mixed-Use Investment Opportunity

Tuatara have been instructed to bring to market 17/19 Foley Street, a prime freehold investment opportunity prominently positioned on the corner of Foley Street and Ogle Street in the heart of Fitzrovia. The building extends to 9,303 sq ft NIA (11,184 sq ft GIA) across lower ground, ground and three upper floors and is currently multi-let to five tenants, producing a passing rent of £630,946 per annum. The property offers significant asset management and redevelopment potential, with full vacant possession obtainable in December 2027 and the benefit of two valuable planning consents.

Key Highlights

• Prime Fitzrovia freehold opportunity

• Prominent corner position on Foley Street and Ogle Street

• Excellent connectivity with 7 stations within a 10-minute walk

• 9,303 sq ft NIA (11,184 sq ft GIA) arranged over lower ground, ground and three upper floors

• Multi-let to 5 tenants producing £630,946 per annum

• Passing rent reflects approximately £67.82 psf, significantly below prime Fitzrovia rents

• Vacant possession obtainable in December 2027

• Benefits from planning consent for:

  • Additional office floor and terrace extension

  • Conversion to 4 lateral residential apartments via permitted development

• Suitable for owner-occupiers, investors and developers

• Offers invited in excess of £12,000,000, reflecting a 4.92% NIY.