Walmar House

W1B
Commercial building

Key Details

Address
296-300 Regent Street, London W1B 3HW
Completion
2014
Size
60300 sq ft
Buildings
1

Overview

Walmar House is a commercial building on Regent Street, London W1.

In October 2014, GPE completed the 60,100 sq ft mixed-use comprehensive refurbishment of Walmar House. Shortly after completion, GPE let the entire office accommodation (37,700 sq ft) on a 15 year lease (no breaks) to Richemont, the luxury goods retailer, paying £2.6 million p.a. GPE have also let four of the five retail units (11,100 sq ft) for £1.1 million per annum. Despite the scheme completing eight months later than planned, it delivered a profit on cost of 53.8% and an ungeared IRR of 25.8%.

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Site & Location

Transport

TUBE
Oxford Circus Underground StationBakerloo, Central, Victoria
BUS
Oxford Circus Stn / Margaret Street - 1 min. walking / 17 metres12, 22, 453, 88, N109, N136, N15, N18, N22, N3

Team

Company
Type
Year
Property Manager

Timeline

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News from the companies

Disclaimer

Information on this page is for guidance only and remains subject to change. Buildington does not sell or let this property. For more information about this property please register your interest on the original website or get in touch with the Connected Companies.