7 - 8 Great James St 5,400 SF Office Building London WC1N 3DF $7,643,050 CAD ($1,415.38 CAD/SF)

Investment Consideration:
SPV can be purchased to minimise stamp duty
Vacant possession
VAT is applicable to this property
Comprises office block arranged over lower ground, ground, first, second, third and fourth floor
Total gross internal area 501 sq m (5,392 sq ft)
Planning previously granted in 2022 (now lapsed) for conversion into 5-Bed residential townhouse
Additional residential development potential to convert into multiple residential units, STTP
Situated in a sought after residential area in Holborn, convenient for shopping amenities, cafes and restaurants of the Brunswick Centre are nearby. The entertainment venues, theatres, and cinemas of the West End are also easily accessible, offering a vibrant lifestyle just moments away.
Within 0.5 miles (15 min walk) from Farrington Train Station, providing Elizabeth Line, Thameslink, Metropolitan, Circle and Hammersmith Lines.
Property Description:
Comprises Grade II Listed office block. Built circa 1721, Great James Street is considered one of London's finest Georgian streets, notable for its elegant period architecture and its rare, largely untouched condition since its original construction. The property provides the following accommodation and dimensions:
Lower Ground Floor: 110 sq m (1,184 sq ft)
Two rooms, kitchen, 2 WC`s
Ground Floor: 126 sq m (1,356 sq ft)
Five rooms, patio area
First Floor: 77 sq m (829 sq ft)
Four rooms
Second Floor: 76 sq m (818 sq ft)
Four rooms
Third Floor: 76 sq m (818 sq ft)
Four room
Fourth Floor: 36 sq m (387 sq ft)
Room, 2 WCs
Total GIA: 501 sq m (5,392 sq ft)
Development Potential:
Planning previously granted (now lapsed) for Change of use of building from office (Class E) to residential (Class C3) to form a self-contained dwelling and erection of single storey rear extension with roof terrace above, providing the following accommodation and dimensions:
Lower Ground Floor:
Guest bedroom, gym, laundry room, plant room
Ground Floor:
Living room, dining room, kitchen, pantry, powder room
First Floor:
Reception room, study, powder room
Second Floor:
Master suite, 2 dressing rooms, en-suite
Third Floor:
2 en-suite bedrooms
Fourth Floor:
1 bedroom with bathroom
Additional residential development potential to convert into multiple residential units, subject to obtaining planning.
Location:
Situated in a sought after residential area in Holborn convenient for shopping amenities, cafes and restaurants of the Brunswick Centre are nearby. The entertainment venues, theatres, and cinemas of the West End are also easily accessible, offering a vibrant lifestyle just moments away. Within 0.5 miles (15 min walk) from Farrington Train Station, providing Elizabeth Line, Thameslink, Metropolitan, Circle and Hammersmith Lines. Occupiers nearby include Café Nero, Pret a Manger, Co-Op Food, Restaurants, Takeaway and many more.