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47 Fleet St 4,529 SF Office Building London EC4Y 1BJ $3,726,115 CAD ($822.72 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • 4,529 SF NIA / 6,081 SF GIA period building with a ground floor/basement wine bar for in-place income, and upper levels ready for refurbishment.
  • Upper parts are fully self-contained, arranged over 1st-4th floors, and offer an office value-add opportunity for a developer, investor or occupier.
  • Although not a Listed building, this is within one of London’s 28 ‘Conservation Areas’ - a designation to preserve and enhance historic properties.
  • El Vino, an historic and famous wine bar and eatery, dating back more than 100 years, occupies the lower two floors, on a lease expiring in 2036.
  • Subject to consents, this may be suitable for extending the rear and conversion to alternative uses like residential or boutique apart-hotel scheme.
  • In the Fleet Street Quarter BID, an area witnessing unprecedented development and public space upgrades to create a cohesive, future-proof location.

EXECUTIVE SUMMARY

On the instructions of C. Hoare & Co, Gale Priggen & Company are pleased to offer this historic period building for sale; a mixed-use property offering buyers an existing income stream, with a range of redevelopment/refurbishment options, and the opportunity to invest in one of London’s most dynamic districts.

47 Fleet Street spans six levels with a net internal area of 4,529 sq ft / 421 sq m (NIA). The famous El Vino wine bar on the ground floor & basement occupies a total of 2,011 sq ft / 187 sq m, with an attractive street-level frontage, featuring a vintage lamp sign, inviting glass entry, and custom moldings. The upper floors extend to 2,518 sq ft / 234 sq m and are approached via a separate entrance within Hare Place.

El Vino is a popular local wine bar with business ties dating back to 1879 and noted as being a popular venue over the years for both the legal profession and the many high-profile journalists, from when Fleet Street still dominated the world of newspapers and publishing. It is now owned by Davy’s Wine Merchants, which itself was established in 1870. The premises are held under a lease expiring in 2036, incorporating mutual break options from June 2028, at a rent of £90,000 per annum, with rent reviews in 2027 and 2032.

The self-contained upper parts present a range of opportunities for a purchaser. The floors are in need of comprehensive works to upgrade and reimagine the accommodation, whether for re-letting or occupation as an owner-occupier. Subject to obtaining the necessary consents, there may be scope to extend the premises to the rear and reconfigure the circulation space, to include potentially installing a passenger lift.

During 2018/19 an initial Pre-Application submission was made to the City of London, to explore the possibility of extending the rear elevation to increase the floor area of the upper floors, provide office accommodation with suitable stair and lift access, WC facilities to the upper floors and to provide improvements to the public realm at the rear.

A purchaser may also wish to explore alternative uses for the upper parts, again subject to obtaining the necessary consents, and consider the possibility of conversion to provide residential accommodation, a boutique apart hotel scheme, or other use.

The property is not Listed, but does lie within the Fleet Street Conservation Area, which was adopted in 2016, and is included within the Data Room, together with a Heritage Significance Report.

The Fleet Street Quarter is a BID set to bring 34 major commercial projects, with several already completed, along with enhancing streets and green spaces. The effects of these initiatives are already being seen. As of Q4 2025, approximately 750,000 square feet of commercial space has been reported as under construction within a quarter-mile radius of 47 Fleet Street.

Further details are available from the Data Room.

MATTERPORT 3D TOURS

3rd Floor

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DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Tenure
Long Leasehold
Property Subtype
Loft/Creative Space
Building Size
4,529 SF
Building Class
B
Year Built
1900
Price
$3,726,115 CAD
Price Per SF
$822.72 CAD
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
650 SF

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2022 Population
67,749
914,080
2,355,620
2022 Households
33,050
422,095
1,067,655
Average Age
37
36
36
Median Household Income
£76,901
£72,740
£72,381
Daytime Employees
815,116
2,583,596
3,365,774
Total Businesses
190,604
550,217
707,672

NEARBY AMENITIES

RESTAURANTS

Black Sheep Coffee - - 1 min walk
Gaucho - - 3 min walk
Brasserie Blanc French $$$$ 3 min walk
Natural Kitchen London - - 4 min walk
The White Haus - - 6 min walk
Paternoster Chop House - - 7 min walk

RETAIL

DW Fitness First Fitness 2 min walk
M&S Dept Store 4 min walk
The Gym Group Fitness 5 min walk
Anytime Fitness Fitness 7 min walk

HOTELS

Apex
204 rooms
1 min drive
Z
113 rooms
1 min drive
Curio Collection by Hilton
145 rooms
3 min drive
Club Quarters
265 rooms
2 min drive
NoMad
90 rooms
4 min drive
Malmaison
97 rooms
4 min drive
Rosewood
308 rooms
3 min drive
The Hoxton
220 rooms
4 min drive
  • Listing ID: 38065965

  • Date on Market: 2025-10-14

  • Last Updated:

  • Address: 47 Fleet St, London EC4Y 1BJ

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