Marylebone, Greater London, United Kingdom
5 Welbeck Street is a refurbished period commercial building in Marylebone, in the heart of London's West End. Originally constructed in 1833, the property has undergone renovation, including a major refurbishment programme commencing in 2024, combining historic character with contemporary office facilities.
The six-storey, mixed-use building provides approximately 32,682 sq ft of net internal area (NIA), comprising office accommodation alongside ground-level retail space. Two office suites are available on the second and third floors, measuring 5,871 sq ft and 5,775 sq ft respectively. Both are offered at £110 per sq ft per annum on a Fully Repairing and Insuring (FRI) basis.
The property benefits from air conditioning, raised floors, an atrium, a courtyard, conferencing facilities and roof terraces. Its central location near Bond Street Underground Station makes it an attractive option for businesses seeking high-quality office accommodation in a well-connected West End setting.
Situated at the junction of Welbeck Street and Wigmore Street, London W1G 9YQ, the property occupies a prominent position in Marylebone, close to Mayfair and Oxford Street. The surrounding area features established professional services firms, retail destinations, restaurants and cafés, providing a strong commercial environment for businesses of different sizes.
The building's proximity to Bond Street and Oxford Circus supports convenient access across Central London, while the wider Marylebone area offers a blend of established commercial streets and amenities. The property also provides access to 42 Wigmore Street, a separate building within the rear courtyard, as part of the wider site arrangement.
Property Address: 5 Welbeck Street, London W1G 9YQ
Additional Address: 42 Wigmore Street, London W1G 9YQ
Submarket: Marylebone, London West End
Property Type: Office and retail
Building Classification: 4-Star Office
Total Floor Area: 32,682 sq ft NIA
Office Accommodation: 27,780 sq ft
Retail Accommodation: 4,902 sq ft
Available Office Space: 11,646 sq ft
Second-Floor Suite: 5,871 sq ft
Third-Floor Suite: 5,775 sq ft
Building Floors: Six, including basement and ground floors
Typical Floor Area: Approximately 5,000 sq ft
Original Construction: 1833
Renovation: January 2013
Recent Refurbishment: Programme recorded from June 2024 to April 2025
Construction: Masonry with brick elevations
Lifts: Two
Slab-to-Slab Height: Approximately 10 ft
BREEAM Rating: Excellent
Energy Performance Rating: E, according to the supplied building data
Owner: Standard Life
The recent refurbishment programme included alterations to the adjoining 42 Wigmore Street building, roof terraces at third- and fourth-floor levels, improvements to mechanical plant areas, an enlarged glass roof, photovoltaic panels, a green roof and courtyard landscaping. The extent to which each improvement applies directly to the available suites should be confirmed with the letting agent.
Both available office suites are advertised at £110.00 per sq ft per annum on a Fully Repairing and Insuring (FRI) basis.
Second-Floor Office: 5,871 sq ft
Annual Rent: £645,810
Third-Floor Office: 5,775 sq ft
Annual Rent: £635,250
Total Available Accommodation: 11,646 sq ft
Combined Annual Rent: £1,281,060
Service Charge: £18.45 per sq ft per annum
Annual Service Charge – Second Floor: £108,319.95
Annual Service Charge – Third Floor: £106,488.75
Combined Annual Service Charge: £214,808.70
Combined Rent and Service Charge: £1,495,868.70 per annum, excluding other applicable costs.
The quoted rent and service charge figures provide an indication of the annual occupancy cost for each suite. Prospective occupiers should confirm the current lease terms, service charge budget and any additional costs before proceeding.
24-hour access
Air conditioning
Raised floor system
Atrium
Courtyard
Roof terrace
Balcony
Conferencing facilities
Accent lighting
Security system
Signage opportunities
Storage space
Bus routes nearby
Two lifts
Refurbished communal and external areas
Green roof and photovoltaic panels included in the recorded refurbishment programme
Prime Marylebone Address: Positioned at the junction of Welbeck Street and Wigmore Street, close to Mayfair and Oxford Street.
Two Substantial Office Suites: Second- and third-floor accommodation measuring 5,871 sq ft and 5,775 sq ft, suitable for established businesses and growing organisations.
Refurbished Period Building: Historic architecture combined with contemporary workplace facilities and recent improvement works.
High-Quality Building Specification: Raised floors, air conditioning, lift access and conferencing facilities support modern office operations.
Roof Terrace and Courtyard Features: External amenity areas enhance the building's appeal, subject to the facilities available to individual occupiers.
Environmental Improvements: The recorded refurbishment programme includes photovoltaic panels and a green roof.
Established Commercial Neighbourhood: The Marylebone location offers access to professional services, retail, hospitality and other West End business amenities.
Institutional Ownership: The property is recorded as owned by Standard Life, an established UK insurance, pensions and savings business.
Bond Street Underground Station is approximately 0.2 miles away, providing Central and Jubilee line services. Oxford Circus is around 0.4 miles away, while Marble Arch is approximately 0.5 miles away. London Marylebone mainline station is around 1 mile from the property. For further details or to make a booking, please contact Fraser Bond.
