Summary - FLAT, 89, CHARLOTTE STREET, LONDON W1T 4PU
1 bed 1 bath Retail Property (high street)
Prime W1T freehold with vacant retail and duplex — ideal for investor-led refurbishment..
Freehold mixed-use building, 4,027 sq ft GIA
Vacant Class E white-box space on lower ground/ground
Self-contained duplex apartment with two private terraces
Offered with full vacant possession
Requires modernisation throughout
Potential change of use or additional massing STPP
Small plot, no private garden
Surrounding area records very high crime levels
A rare freehold opportunity in the heart of Fitzrovia, this mixed-use building offers clear value-add potential for an investor or developer. The lower ground and ground floors comprise a vacant Class E white-box space, previously used as a gallery, while the upper two floors form a self-contained duplex apartment with two private terraces. The property extends to 4,027 sq ft (GIA) across lower ground, ground and four upper floors and is offered with full vacant possession.
The building requires modernisation but presents multiple income and uplift routes: refurbish the gallery and commercial floors for immediate lettings, reposition the duplex for premium residential rental or sale, or explore change of use or additional massing STPP to increase floor area (subject to planning). Its central W1T location on Charlotte Street places it in a busy dining and hotel quarter with excellent transport links and strong footfall.
Material considerations are straightforward and should be factored into acquisition plans. The property needs renovation throughout; there is no private garden and the plot is small. The surrounding area records very high crime levels which may affect lettings or insurance costs. VAT, central-London service charges, and planning costs for any conversion or extension will also affect project feasibility.
Offered in excess of £2,850,000 (circa £707 per sq ft GIA), this is a proposition for buyers seeking repositioning upside in a prime West End location. The building’s vacant status and flexible envelope make it suitable for an investor or developer prepared to manage refurbishment and planning risk to unlock longer-term rental or capital growth.
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