Under Offer

The Cleveland
London, W1T 6PL

Price on Application

47,480.4 SqFt
  • Located on the corner of Cleveland Street & Clipstone Street in W1.
  • Development opportunity within a site area of 1.09 acres.
  • Full planning consent for a new build scheme of 131,096 sq ft GIA.
  • Positioned well for the opening of Crossrail at Tottenham Court Road.
  • For sale with the benefit of vacant possession & a new 250 year lease.

Location

The Cleveland is located in the vibrant and trendy area of Fitzrovia within the City of Westminster and is surrounded by the adjoining neighbourhoods of Mayfair, Soho, Marylebone and Regent’s Park. An area steeped in tradition yet equally at the forefront of the capital’s diverse range of shops, restaurants, bars and hotels, Fitzrovia offers a multitude of choice. For fine dining, nearby Charlotte Street has what many believe to be some of the capital’s most popular restaurants including Michelin-starred Pied à Terre, Japanese inspired Roka and Elena’s Etoile. For the more contemporary there is Riding House Café and Berners Tavern just a short stroll away. As a neighbourhood it also boasts a long history associated with the arts, indeed it is home to over 10% of London’s art galleries and formerly witnessed greats such as Jimi Hendrix and Bob Dylan playing live in the local area during their early careers. For green spaces Fitzroy Square is just under 80 metres away from the subject site, whilst the expanse of Regent’s Park is 600m to the north west. Although well-known as an office, restaurant, and retail location it also benefits from a increasingly vibrant residential community with recent developments such as Fitzroy Place reaffirming it as a prime residential London address.

Description

The island site is bounded by Clipstone Street to the south, Cleveland Street to the north and east, and Clipstone Mews to the west. The site currently comprises a two-storey concrete frame structure, constructed in the circa 1960s with a mixture of uses including retail (A1 and A4), office (B1) and a petrol filling station. The building has been stripped of all furniture, fixtures and partition walls, and currently stands as shell and core with the petrol station at the south of the site having also been decommissioned and made safe providing an incoming purchaser with the benefit of being able to imminently enact the consented scheme. Further information regarding existing servicing, the removal of asbestos, and trial pits will be made available within the data room hosted by Brechers.

* Currencies are changed from British Pound (GBP) to either Euro (EUR) or US Dollar (USD). Rates updated daily at approximately 01:00 hours.

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