Covent Garden, Greater London, United Kingdom
55 New Oxford Street is a prominent, modern mixed-use commercial building occupying a strategic position on the south side of New Oxford Street, at its junction with Bloomsbury Street. Extending across ten floors, the property combines contemporary office accommodation on the upper levels with retail premises across the basement and ground floors.
The building provides approximately 48,803 sq ft of total accommodation, with a fully available 2,214 sq ft first-floor office suite. The space is offered in Cat A+ fitted and furnished condition, providing an attractive opportunity for businesses seeking a ready-to-occupy workspace in one of central London's most accessible commercial locations.
Situated in the Covent Garden submarket within London's Midtown district, the property benefits from a central position between Bloomsbury, the West End and Covent Garden. Its prominent New Oxford Street address places occupiers within easy reach of major retail destinations, restaurants, entertainment venues and cultural attractions.
The surrounding area is an established commercial destination, attracting professional businesses, creative companies and retail operators. Tottenham Court Road, Holborn and Covent Garden are all within walking distance, providing excellent connectivity across London.
Property Address: 55 New Oxford Street, London WC1A 1BS
Additional Address: 55–61 New Oxford Street, London WC1A 1BS
Property Type: Mixed-use office and retail building
Submarket: Covent Garden
Market: London Midtown
Location Classification: Central Business District (CBD)
Building Grade: 4-star office
Total Net Internal Area: 48,803 sq ft
Office Accommodation: 39,284 sq ft
Retail Accommodation: 9,519 sq ft
Available Office Space: 2,214 sq ft
Available Floor: First floor
Maximum Contiguous Space: 2,214 sq ft
Total Floors: 10
Typical Floor Area: 4,880 sq ft
Year Built: 2000
Renovated: 2005
Construction: Steel frame
Ceiling Height: 9 ft slab-to-slab
Lifts: 3 passenger lifts
Tenancy: Multi-let
Occupancy: Approximately 95.5% leased
Land Area: 0.16 acres (7,047 sq ft)
The first-floor office suite is available at an asking rent of £72.50 per sq ft per annum.
Available Accommodation: 2,214 sq ft
Floor: First floor
Asking Rent: £72.50 per sq ft per annum
Service Charge: £15.41 per sq ft
Lease Basis: To be confirmed
The property was sold in February 2008 for £35,500,000, representing approximately £727.41 per sq ft. The transaction was recorded as an investment sale, with a reported yield of 6.09%.
Cat A+ fitted and furnished office accommodation.
Air conditioning.
Raised floor system.
Reception and concierge facilities.
Commissionaire service.
24-hour on-site security.
Three passenger lifts.
Suspended ceilings.
Excellent natural light and views.
Fibre connectivity.
Column-free floorplates.
Modern steel-frame construction.
Retail accommodation across the basement and ground floors.
Ready-to-Occupy Workspace: The first-floor suite is offered in Cat A+ fitted and furnished condition, reducing the requirement for extensive initial fit-out.
Prime Central London Position: Located on New Oxford Street at the junction with Bloomsbury Street, within easy reach of Covent Garden and the West End.
Excellent Natural Light: The office benefits from good natural light and views, supporting an attractive working environment.
Efficient Floorplate: Column-free accommodation provides flexibility for different office layouts and working arrangements.
Strong Building Infrastructure: Three passenger lifts, reception, concierge, commissionaire and 24-hour security provide comprehensive building facilities.
High-Speed Connectivity: Fibre connectivity supports modern business and technology requirements.
Established Occupier Community: The building accommodates a diverse mix of office and retail occupiers, with approximately 95.5% of the building leased.
Tottenham Court Road Underground Station is approximately a 4-minute walk away, providing Central and Northern line services and Elizabeth line connections. Covent Garden and Holborn stations are both around 8 minutes away.
For further details or to make a booking, please contact Fraser Bond.
