RIB’s Investment Team was mandated to affect the Freehold sale of this Mixed-Use building
RIB’s Investment Team was mandated to affect the Freehold sale of this Mixed-Use building in Great Titchfield Street, London, W1. The property attracted strong interest from the market following a targeted campaign which led to multiple offers being received for the asset.
About the property
Great Titchfield Street is one of the most well-known streets in Fitzrovia with restaurants including the Riding House Café, Mac and Wild, Sergio’s, Scandinavian Kitchen, and Meraki which is located next door to the subject property. The area is a mixed commercial and residential location and benefits from fantastic public transport infrastructure with Oxford Circus, Goodge Street, and Great Portland Street stations all a short walk away.
The subject property was sold with full vacant possession and comprises commercial space on the lower ground, ground, first, and second floors, with the third and fourth floors comprising a residential duplex apartment. The property has since been extensively refurbished with high end residential upper floors with the ground and basement being retained as commercial.
RIB’s have sold several properties in Gt Titchfield St & the surrounding Fitzrovia, meaning that we had an excellent target list of investors for this asset.
RIB’s Commercial Leasing team are now working with the new owner to lease out the commercial space on Ground & Basement