Legal & General Property has achieved planning consent for a major refurbishment of 76 Wardour Street, London, W1.
Work on 33,000 sq ft of Grade A office space over the upper five floors of the building will begin in July and is due to complete in Q1 2013.
LGP acquired 76 Wardour Street from Scottish Widows Investment Partnership for £32.8m in September 2011, together with joint venture partner Walbrook Land.
The completed building will feature new floor plates ranging from 5,400 to 7,000 sq ft. Plans include a new reception and high-end fit out.
Originally built in 1906, 76 Wardour Street was previously the headquarters of Pathe.
The ground floor comprises three retail units, let to Wahaca, Hummus Brothers and Profile, which will continue to trade through the refurbishment of the five office floors above.
LGP head of business space development Simon Wilkes said: “We are excited by the prospect of refurbishing to deliver a high-quality building in the heart of the West End, especially given the limited supply in this market and wide ranging appeal of its location, which will be further enhanced as a result of Crossrail. Having worked hard with our architects, the council and local stakeholders, we feel confident that our redevelopment plans not only complement, but exemplify the property’s existing surroundings.”
The architect for the project is EPR. DTZ and Edward Charles & Partners have been appointed as the joint letting agents for the office space.
Jack.sidders@estatesgazette.com
