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INVESTMENT HIGHLIGHTS
- Freehold acquisition opportunity for 14A Shouldham Street, a creative office with full vacant possession available upon completion.
- Redeveloped in 2019 and 2022 behind a retained facade to create best-in-class, modern office accommodation with no additional CapEx required.
- Ideal for owner/users or residential developers, as the flexible Use Class E opens opportunities for numerous other uses (subject to approval).
- Comprises 5,609 square feet NIA (7,314 square feet GIA) of Grade A office accommodation arranged over four floors with a private front courtyard.
- Equipped with contemporary features like a reception area, client consultation room, lift access, open-plan offices, a kitchen, and WCs on all floors.
- Situated in the exclusive northwestern corner of the Marylebone submarket, benefiting from exceptional amenity access and connectivity
EXECUTIVE SUMMARY
14A Shouldham Street invites buyers to explore the possibilities of this early 19th-century property, now transformed to offer a contemporary work environment in the centre of Marylebone.
In 2019, 14A Shouldham Street underwent a comprehensive refurbishment and extension to create best-in-class, creative office accommodation, arranged over the lower ground, ground, and two upper floors. Subsequent upgrades to the building were completed in 2022. The total NIA extends to 5,609 square feet and GIA to 7,314 square feet.
The property benefits from dual access off Shouldham Street, which leads into a modern reception and a client meeting room area. There is a central lift shaft providing access to all floors, in addition to a stair core located at the north of the property for secondary access. Floor plates range from 1,034 to 1,568 square feet. The lower ground has been fitted with a modern kitchen and breakout area, featuring a private courtyard to the front, which allows in excellent natural light. The upper parts of the building provide modern, open-plan office accommodation, and all floors benefit from WC provision.
Another potential usage avenue for 14A Shouldham Street is redevelopment. The property is not listed, but it is situated within the Molyneux Conservation Area and benefits from Use Class E, with opportunities for a number of other uses. The property is located outside the Westminster Article Four direction, thereby allowing for residential conversion under Permitted Development rights. Prospective purchasers are advised to make their own inquiries in order to satisfy themselves in this regard.
14A Shouldham Street is situated in the exclusive London Village of Marylebone, at the heart of London’s West End. Marylebone is an internationally renowned commercial, residential, and recreational address, famed as one of the most desirable districts in London. Bordered by Regent’s Park to the north, Mayfair to the south, Fitzrovia to the East, and Paddington to the west, Marylebone benefits from a wealth of amenities, with an exceptional mix of retail, leisure, restaurants, and hotels. This sits among one of the world’s most prestigious commercial districts, now home to an array of international office occupiers including Lazard, PIMCO, BDO, Bridgepoint Capital, and British Land. While Marylebone benefits from excellent transport connectivity, hosting five underground stations within its borders, 14A Shouldham Street is within a short walking distance to some of London’s prime retail, cultural, and F&B hubs such as Bond Street, Marylebone High Street, Selfridges, and the Wallace Collection.
In 2019, 14A Shouldham Street underwent a comprehensive refurbishment and extension to create best-in-class, creative office accommodation, arranged over the lower ground, ground, and two upper floors. Subsequent upgrades to the building were completed in 2022. The total NIA extends to 5,609 square feet and GIA to 7,314 square feet.
The property benefits from dual access off Shouldham Street, which leads into a modern reception and a client meeting room area. There is a central lift shaft providing access to all floors, in addition to a stair core located at the north of the property for secondary access. Floor plates range from 1,034 to 1,568 square feet. The lower ground has been fitted with a modern kitchen and breakout area, featuring a private courtyard to the front, which allows in excellent natural light. The upper parts of the building provide modern, open-plan office accommodation, and all floors benefit from WC provision.
Another potential usage avenue for 14A Shouldham Street is redevelopment. The property is not listed, but it is situated within the Molyneux Conservation Area and benefits from Use Class E, with opportunities for a number of other uses. The property is located outside the Westminster Article Four direction, thereby allowing for residential conversion under Permitted Development rights. Prospective purchasers are advised to make their own inquiries in order to satisfy themselves in this regard.
14A Shouldham Street is situated in the exclusive London Village of Marylebone, at the heart of London’s West End. Marylebone is an internationally renowned commercial, residential, and recreational address, famed as one of the most desirable districts in London. Bordered by Regent’s Park to the north, Mayfair to the south, Fitzrovia to the East, and Paddington to the west, Marylebone benefits from a wealth of amenities, with an exceptional mix of retail, leisure, restaurants, and hotels. This sits among one of the world’s most prestigious commercial districts, now home to an array of international office occupiers including Lazard, PIMCO, BDO, Bridgepoint Capital, and British Land. While Marylebone benefits from excellent transport connectivity, hosting five underground stations within its borders, 14A Shouldham Street is within a short walking distance to some of London’s prime retail, cultural, and F&B hubs such as Bond Street, Marylebone High Street, Selfridges, and the Wallace Collection.
MATTERPORT 3D TOURS
Lower Ground-Floor Space
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SALE FLYER
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Tenure
Freehold
Building Size
5,609 SF
Building Class
B
Year Built/Renovated
1811/2022
Price
$17,690,460 CAD
Price Per SF
$3,153.94 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,402 SF
Slab To Slab
10’
Building FAR
2.44
Lot Size
0.05 AC
AMENITIES
- Conferencing Facility
- Security System
- Skylights
- Storage Space
- Air Conditioning
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DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2022 Population
75,527
811,537
2,189,080
2022 Households
39,313
398,995
993,615
Average Age
38
38
37
Median Household Income
£107,696
£76,068
£73,138
Daytime Employees
443,979
1,986,017
3,356,488
Total Businesses
64,258
385,338
706,151
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Briciole | Italian | $$$ | 2 min walk |
| Attilus Caviar | Deli | - | 4 min walk |
| Mahal Restaurant | Indian | $$$ | 4 min walk |
| Eddie's Food Bar | - | - | 4 min walk |
| Open House London | American | - | 5 min walk |
| Costa Coffee | - | - | 5 min walk |
| Lurra | Steakhouse | $$$$$ | 7 min walk |
| Everbean Deli | Vegan | $ | 6 min walk |
| Joe & The Juice | Smoothies | - | 9 min walk |
RETAIL |
||
|---|---|---|
| Tesco Express | Convenience Market | 7 min walk |
| Boots | Drug Store | 9 min walk |
| Fitness First | Fitness | 8 min walk |
| Sainsbury's | Supermarket | 9 min walk |
| M&S | Dept Store | 9 min walk |
| Post Office | Business/Copy/Postal Services | 10 min walk |
| Foot Locker | Shoes | 11 min walk |
| The Co-operative Food | Supermarket | 12 min walk |
HOTELS |
|
|---|---|
| voco |
93 rooms
2 min walk
|
| Marriott |
243 rooms
5 min walk
|
| The Prince |
82 rooms
7 min walk
|
| Nobu Hotels |
243 rooms
10 min walk
|
| Thistle |
692 rooms
12 min walk
|
SALE ADVISORS
Christian Capocci, Associate Director - Capital Markets
Christian graduated from the University of Reading in 2012 having completed his undergraduate in Real Estate. He qualified as a member of the RICS in 2017 and has subsequently completed his Investment Management Certificate and the University of Cambridge's Institute of Sustainability Leadership course. Christian worked as part of Knight Frank's London Capital Markets team until 2022 before joining Colliers. He has experience in acquiring, disposing and advising on the strategic asset management of London offices, with a strong focus on the ESG agenda.
James MacFarlane, Direct, London Office Capital Markets
James is an investment advisor in Colliers’ London Capital Markets team, with 14 years’ experience, focusing on investment transactions in London’s West End and providing transactional advice to key client’s such as Derwent London, The Crown Estate, The Church Commissioners for England, Acai Group and Lothbury IM.
Eloise Norman, Surveyor
Eloise works in the London Capital Markets team specialising in the purchase and sale of commercial assets ranging from £5m to £500m across Central London. Eloise joined Colliers on the Graduate Scheme in 2022 during which she achieved her Masters in Real Estate (UCEM) and qualified as a Chartered Surveyor (MRICS).
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MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOURS
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MAP
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14A Shouldham St
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