{"loaderData":{"0-3":{"propertyListing":{"building":{"id":"762001708623089","summary":"For Sale: Well Maintained Office on Warley Hill Business Park, Brentwood - 19,662 ft²","archived":false,"description":"Description
Lutea House comprises a purpose built and self-contained office building arranged over ground and two upper floors totalling 19,662 sq ft (NIA). The tenants undertook a substantial refurbishment and refit in line with its use as a headquarters building in 2018.

The property benefits from 54 on-site car parking spaces providing a car parking ratio of 1:352 sq ft on the office accommodation, excluding reception.

Location
Lutea House is situated on Warley Hill Business Park less than 1 mile south of Brentwood town centre. The town centre amenity offering includes The Baytree Shopping Centre, shops and restaurants on Brentwood High Street and a Premier Inn hotel. Brentwood railway station is within walking distance of Lutea House being just over 0.5 miles from
the property, between Warley Hill and the town centre.

Warley Hill Business Park is a key commercial location in Brentwood and has attracted
occupiers including Vistry plc, Regus, FRP Advisory, Imperial Chemicals Group, Swift Group and Spire Healthcare.

The surrounding area is characterised by predominantly residential dwellings as well as a DW Fitness First gym and leisure centre, Winifred Dell Care Home, and Warley Primary School.

Investment Summary
Located just 21 miles from Central London, Brentwood is an affluent commuter town and well-established office location in the north-eastern sector of the M25.

Excellent transport communications with access to two junctions of the M25 within 2 miles, regular rail services to Central London with a fastest journey time of 31 minutes. The Elizabeth Line provides 161 train services from Brentwood to Canary Wharf, with a fastest journey time of 45 minutes and thereon to the City, West End, Heathrow Airport and Thames Valley.

Lutea House is located on Warley Hill Business Park where other occupiers include Vistry plc, Regus, FRP Advisory, Imperial Chemicals Group, Swift Group and Spire Healthcare.

The property comprises a self-contained headquarters office building arranged over ground and two upper floors totalling 19,662 sq ft.

54 car parking spaces providing an excellent car parking ratio of 1:352 sq ft.

Let to Shawbrook Bank Ltd at a low rent of £402,633 (£20.48 per sq ft) until 28th September 2026, who have recently served their notice to leave, due to a corporate strategy of focusing on their London HQ.

The tenant formerly used the building as its Headquarters, until taking a new building in the City of London, and has fitted and maintained the building in line with this profile.

Rents on the business park have hit £30 psf as demonstrated by the 4,800 sq ft letting in Juniper House to Spire Healthcare at that level in June 2024.

The neighbouring building, Arcadia House, has previous approval for Permitted Development Rights thereby indicating potential for alternative uses.

Brentwood
Brentwood is an affluent commuter town with a population of circa 55,430 (2021) and is a well established office location in the north eastern sector of the M25, 21 miles north east of Central London and 11 miles south-east of Chelmsford.

As a result of its excellent transport connectivity to both Central London and the surrounding areas, Brentwood has attracted well established, national occupiers including , Sky, BT, The National Centre for Social Research, Equity Insurance, Ford Motor Company, Bibby Financial Services, Intertek, Crest Nicholson, McClaren Construction Group plc, FRP Advisory and Vistry plc, due to its transport links and affluent population.

EPC
The property has an EPC rating of B (41) which expires 24/9/2033.

Estate Charge
The estate charge budget apportionment for Lutea House is 25.48% of the whole and for the year ending 31st March 2027 is £8,172 which equates to £0.42 per sq ft.

Site
The site totals 0.38 hectares (0.95 acres).

Tenure
Freehold.

Tenancy
The property is let in its entirety to Shawbrook Bank Ltd until 28th September 2026, at a low rent of £402,633 (£20.48 per sq ft). They have confirmed they will leave on expiry as part of a strategy to focus on their new London Headquarters.

The current lease is drafted on FRI terms although under a Deed of Variation the “….Tenant shall not be required to reinstate any alterations that it makes to the air conditioning system at the Premises or remove the whole or any part of the air conditioning system at the Premises which it replaces or installs during the Term…” A new VRF system was installed in 2004.

Occupational Market
An occupier (Imperial Chemicals Group) acquired the adjacent Jupiter House in January 2026 at £4.88m reflecting £210 per sq ft (with income on the first floor), and agents advise that a vacant 5,400 sq ft suite in Juniper House (also on Warley
Park) has just been put under offer at £26 psf on a 5 year lease. Subsequent to this recent take-up only 5,200 sq ft is available on Warley Park, in Arcadia House, comprising a subletting at a passing rent of £27 psf with an immediate rent review.

Regus advise they have high levels of occupancy in Jubilee House, and available space is available at serviced office level rents of circa £55 psf.

Vistry plc, also on Warley Park, are paying £31.07 per sq ft on their building, as of 2021, when the building had a full Cat A refurbishment. At Skylabs, Chatham Way, Brentwood, Sky regeared their lease on 39,410 sq ft in September 2025, taking out a break clause, agreeing a rent of £28.08 per sq ft, with a 2028 open market review and expiry June 2033.

At its peak, office stock for Brentwood was estimated at approximately 1.1 million sq ft and has consistently maintained low vacancy rates. Since then, a number of buildings have been converted for alternative uses including residential, reducing
supply to meet the resurgent office demand.

Alternative Use Potential
Whilst Lutea House remains a quality office building, the high residential values in Brentwood provide a strong underpin. The adjacent property, Arcadia House, historically was granted PD approval for the change of use from offices to 76
residential units, though remains in office use with occupiers Pure Law LLP and Swift Advances. The former Ford Motor Company HQ at Warley has also been transformed by Land Charter into a luxurious residential complex of 330 apartments, with communal gardens, a metabolic gym, a co-working floor and a range of flexible workspaces. The apartments have private roof terraces with views to London and Canary Wharf.

Residential values in the locality are in the range £500-600 per sq ft, driven by the ease of access to London afforded by the Elizabeth Line. Lutea House offers pleasant views over Warley Hill with landscaping alongside and Christ Church. Winifred Dell House, to the south offers supported living in 76 en suite rooms, run by Excelcare.

Rateable Value
The property has a rateable value of £365,000.

Proposal
We are instructed to seek offers of £3,540,000 subject to contract and exclusive of VAT, for our client’s freehold interest. We look forward to hearing from occupiers, investors and developers as to whether the property is potentially of interest.

A purchase at this level reflects a low capital value of £180 sq ft, well below the level of £210 per sq ft recently transacted on the adjoining building within the same Warley Park development

Investment Rationale
Brentwood is an affluent town with a strong residential market.

Refurbished in 2018, after a full refit of air conditioning in an earlier refurbishment.

Quality tenant has used the building as their headquarters and fitted accordingly to a high quality.

EPC Rating of B(41) until 2033.

Prime rents in Brentwood are now circa £30 per sq ft.

Supply in the Brentwood market remains extremely tight, further exacerbated by the continued absorption of stock for conversion to alternative use.

Lutea House offers flexibility to be let as a whole, floor by floor or part floor basis thereby giving flexible letting prospects.

The neighbouring building historically had approval for Permitted Development, and supported living is established on Warley Hill.

Quoting price c.14% lower than achieved recently on Warley Park.","disclaimer":{"raw":"Disclaimer - Property reference 379037-1. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by Savills National , Chelmsford Office. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":[],"keyFeatures":["VRF air conditioning","Raised access floors","Suspended ceilings with LED lighting","Male and female WCs on each floor","Disabled WC on the ground floor","1 x 8-person passenger lift and 1 x passenger/goods lift","Shower facilities"],"environment":{"epcRating":null,"breeamRating":null,"environmentalDescription":null},"pricing":{"price":3540000,"displayQualifier":"OFFERS_IN_REGION_OF","frequency":null,"rentObligation":null},"useClasses":[],"tenureType":"FREEHOLD","tenureYearsRemaining":null,"parkingSpaces":null,"yearBuilt":null,"yearRenovated":null,"listedBuilding":null,"numberOfFloors":null,"planningPermission":null,"businessForSale":false,"media":{"brochures":[{"uri":"property-brochure/cf31f32fa/762001708623089/cf31f32fae0179c1985a4e7e0bf3e422.pdf","description":"LuteaHouse_Brentwood_A4_Brochure_v5.pdf"}],"photos":[{"uri":"property-photo/b47a0e655/762001708623089/b47a0e65562ae4971ee3b89fc0a4d4d2.jpeg","description":"HLP_OB_260526_9163.jpg"},{"uri":"property-photo/9c355abe7/762001708623089/9c355abe71de038ef4b34e10fb3de95a.jpeg","description":"HLP_OB_260526_9173.jpg"},{"uri":"property-photo/130ff0952/762001708623089/130ff095264323a51be6cd99c24905fc.jpeg","description":"HLP_OB_260526_9147.jpg"},{"uri":"property-photo/0d3129e8a/762001708623089/0d3129e8a6939c63d8d0a34d335fe9f5.jpeg","description":"HLP_OB_260526_9007.jpg"},{"uri":"property-photo/e13cf968b/762001708623089/e13cf968b4b986faf02d67905b5843db.jpeg","description":"HLP_OB_260526_9123.jpg"},{"uri":"property-photo/a36bc4a90/762001708623089/a36bc4a90ee1eccc76de087c00c9e6db.jpeg","description":"HLP_OB_260526_9049.jpg"},{"uri":"property-photo/38db5707c/762001708623089/38db5707cc22df242f62374185f1c719.jpeg","description":"HLP_OB_260526_9021.jpg"},{"uri":"property-photo/3ff7f46e6/762001708623089/3ff7f46e6ad0d00608bbb5d2f040bceb.jpeg","description":"HLP_OB_260526_9014.jpg"},{"uri":"property-photo/def06f543/762001708623089/def06f5439452e55271885beb190c774.jpeg","description":"HLP_OB_260526_9026.jpg"},{"uri":"property-photo/bd16c8653/762001708623089/bd16c8653331a83def92e30591a96ad4.jpeg","description":"HLP_OB_260526_9156.jpg"},{"uri":"property-photo/b2c454ea2/762001708623089/b2c454ea2b1e05be174c1310213522ed.jpeg","description":"HLP_OB_260526_9165.jpg"},{"uri":"property-photo/ca3a9e89b/762001708623089/ca3a9e89b1a37922d8200ab6b3fa7299.jpeg","description":"HLP_OB_260526_9154.jpg"},{"uri":"property-photo/f3b291446/762001708623089/f3b2914466c2080248dac198a4d73652.jpeg","description":"HLP_OB_260526_9186.jpg"}],"floorPlans":[],"virtualTours":[],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":"SQFT","size":19662,"minSize":null,"measurementType":"NIA","maxSize":null},"location":{"displayAddress":"Lutea House, Warley Hill Business Park, Brentwood, CM13 3BE","showMap":true,"postcode":{"incode":"3BE","outcode":"CM13"},"streetView":{"latitude":51.603675,"longitude":0.296522,"heading":90,"pitch":0,"zoom":0,"showStreetView":true},"latitude":51.603823,"longitude":0.296317},"nearestStations":[{"distance":0.6689065597678991,"name":"Brentwood Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":2.3479436415621495,"name":"Shenfield Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":2.7807016461449474,"name":"Harold Wood Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"Savills National , Chelmsford Office","email":null,"profileUrl":"/estate-agents/agent/Savills/Chelmsford-Office-232328.html","logo":"/partner-logo/11692847-LOGO-1765963956.jpeg","id":232328,"description":"","telephoneNumber":"01245 945902","morePropertiesFromAgentUrl":"/commercial-property-for-sale/find/Savills/Chelmsford-Office.html?locationIdentifier=BRANCH%5E232328&propertyStatus=all&includeLetAgreed=true&_includeLetAgreed=on","primaryBrandColour":null}],"owner":null,"primaryPropertyClassification":{"propertyClassificationSubType":"OFFICE","propertyClassificationType":"OFFICES","offices":{"pricePerDeskPerMonth":null,"numberOfDesks":null,"gradeOfSpaceType":null,"capacity":null},"industrialAndLogistics":null,"leisureAndHospitality":null,"retail":null},"secondaryPropertyClassifications":[],"letType":null,"letContractLength":null,"status":"AVAILABLE","availableDate":"2026-07-07","serviceCharge":null,"businessRates":null,"isRentAllInclusive":null,"products":{"commercialSearchProminenceEnabled":false,"featuredProperty":true,"premiumListing":false,"premiumListingLabel":null},"auction":false,"spaces":[]}},"mediaParams":{"mediaType":"photos","mediaIndex":7}}},"actionData":null,"errors":null}