Skip to content

The Hanway - 28-30 Hanway Street, Fitzrovia, W1T 1UL

Offers in Excess of
£4,000,000

£829.53 per sq ft

Business rates & charges may apply

LDG, Commercial, London
SIZE AVAILABLE

4,822 sq ft

448 sq m

SECTOR

Office for sale

Key features

  • Class-E Office/Studios Building
  • Suitable For A Variety Of Uses
  • Two Entrances
  • Excellent Natural Light
  • 200 Meters From Tottenham Court Road's New Elizabeth Line Entrance
  • Air Cooling Units
  • Fitted Out With Meeting Rooms
  • Excellent Ceiling Heights On Upper Floors
  • Future Development Potential / Change Of Use (STPP)
  • Option To Purchase As A Clean SPV For Significant SDLT Savings

Description

Description
The Hanway comprises an attractive Class-E office and studio building arranged across four floors. The property benefits from two separate entrances and excellent natural light from large windows to both the front and rear. The accommodation is fitted with meeting rooms and private offices, supported by modern facilities including fibre connectivity and air cooling units. The upper floors enjoy particularly impressive ceiling heights, creating bright and spacious workspaces.

The building offers flexibility for a variety of uses and presents significant potential for redevelopment or repositioning (subject to planning), with
opportunities for reconfiguration and an additional floor in line with neighbouring properties (Hanway House). This would provide further office
accomodation (STPP). We commissioned local practice Works Architecture to explore the feasibility of adding an additional floor to the building.
Their study — drawing on extensive experience within the area — indicates the potential for a third-floor extension providing approximately 72 sqm (GIA), 57 sqm (NIA), and an external terrace of 19 sqm. The accompanying CGI, illustrated on Page 2, provides an indicative visualisation of how the enhanced and extended building could appear from street level.

Viewings
Viewings are to be arranged strictly via appointment with LDG or RIB. Agency Contact details can be found at the back of this brochure.

Price
Offer In Excess of £4,000,000

The property is securely held within a clean Special Purpose Vehicle (SPV). Documentation and details confirming the status of the SPV can be provided upon request. Consideration will be given to treating any potential sale as a Transfer of a Going Concern (TOGC). This type of purchase option would yield significant benefits, with an estimated Stamp Duty Land Tax Saving of approximately £200,000.

Contact
LDG ) or our joint agents Relm4 for viewings.

Possession
Full vacant possession will be available from March 2025.

VAT
The building is elected for VAT.

Legal Costs
Each party is responsible for their own legal costs.

Tenure
Freehold

Commute
Tottenham Court Road. 1 min
Goodge Street. 5 mins
Holborn. 13 mins
Russell Square. 14 mins
Charing Cross. 16 mins

Size
NIA - 4,012 SQ.FT.
GIA - 4,822 SQ.FT.

Photography
Our marketing includes a CGI rendering of what the building could look like post refurbishment / development. This is for indicative purposes only.

Brochures

The Hanway - 28-30 Hanway Street, Fitzrovia, W1T 1UL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Tottenham Court Road Station0.1 miles
  • Goodge Street Station0.3 miles
  • Leicester Square Station0.4 miles

About LDG, Commercial, London

53 Great Titchfield Street, London, W1W 7PJ

Property People Serving Fitzrovia's Businesses, Residents & Neighbouring Communities

We believe buying, selling, letting and managing commercial or residential property shouldn't have to be stressful and unpredictable. At LDG, it's our mission to take this out of the equation. Our no-nonsense philosophy is based on values of integrity, honesty, and delivering tangible results. Throughout our 5 decade journey, we've developed an instinctive knack and know-how for matching the right places with the right people. And it all starts with getting to know you.

We're passionate about people, their businesses, and spaces.

We use our match-making skills to ensure that the process of buying, selling, or leasing remains simple.

Whether you have a large portfolio or own one building, are a business seeking to sublet space or a start-up looking for 2 desks; it doesn't matter to us, everyone is important. Regardless of the size of your space and scope of your ambition, you can be sure you'll receive expertise, transparency, and dedication from us at every stage.

Marketing your property

We know our Central London audience; they're sophisticated, tech savvy, and demanding people who strive for the best - just like us! We don't bore them with lengthy descriptions and cliched language. We provide them with what they want: facts and stimulating visuals.

When selling or leasing a property, images are everything. That's why we invest in professional photography to create eye-catching imagery that speaks for itself. We know this doesn't exactly sound ground-breaking, but it really isn't the industry norm. There's an art to getting the visuals right which we've perfected - we want your property to stand out, whether in a brochure, on a property portal, or on the socials.

Listening to you

Rather than talk at you with nauseating sales spiel, or fire off a list of questions - what's your budget, how many desks do you need, when do you want to move - we'd rather listen. Getting to know you on a human level helps us understand what makes you tick. Without knowing what's important to you, how can we work out what properties and neighbourhoods will suit you best?

With our deep-rooted knowledge of our local areas - and the beautiful, individual quirks that make them special - we can match you with a neighbourhood and a sale or rental property in the most effective way.

Making connections

We know that finding the right property, buyer, or tenant is only part of the story and that communication is key to making the rest of the process go as smoothly as possible. In order to manage expectations and marry up timings, we do our best to thoroughly understand each party and their timeframes.

As the saying goes, it's all about who you know. With our extensive database of contacts within and outside of the commercial property industry, we can use our connections to help you get the best outcome.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 141548-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by LDG, Commercial, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.