The City of London Corporation is looking to sell a 150-year long leasehold over Fleet House, EC4.
The property at 8-12 New Bridge Street, just north of Blackfriars Station, comes with planning permission to demolish it and St Brides Tavern to make way for a new building designed by Perkins+Will.
The scheme would provide around 70,000 sq ft of office space and two ground floor retail units.
However, the corporation is willing to allow the buyer of the lease to redevelop or refurbish the property to another design. To do so the buyer must submit a new planning application within 18 months from the start of the lease, and it must be for a minimum size of 50 000 sq ft, according to an OJEU notice.
The existing building is a 1950s office block with a net internal area of 45,600 sq ft, including 29,200 sq ft of office space, 8,300 sq ft of retail and pub space, and an 8,100 sq ft basement.
Current tenants in the building include serviced office provider Smithfield Business Centre and real estate consultant Ian Learner & Co.
JLL has been appointed to find a buyer.
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