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Metro Building 1 Butterwick 105,237 sq ft 95% Let Office Property London W6 8DL £20,000,000 (£190.05/sq ft) 12.30% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Planning support for increased massing and mixed-use redevelopment
  • Located opposite Hammersmith Broadway with exceptional transport links
  • Freehold West London asset with 0.96-acre site and low site coverage
  • Short WAULT and flexible lease structures enable repositioning

EXECUTIVE SUMMARY

Positioned in the heart of Hammersmith, the Metro Building presents a rare freehold investment and redevelopment opportunity in one of West London’s most dynamic commercial districts. Spanning 105,237 sq ft across 11 floors, the building offers a flexible floorplate configuration with two wings per level and a central core, complemented by a striking double-height reception refurbished in 2020. With 41,531 sq ft currently vacant and all leases outside the 1954 Act, the asset provides immediate scope for refurbishment and strategic repositioning.
The site’s low coverage of 32% across 0.96 acres enables substantial massing potential, supported by Hammersmith & Fulham’s planning policy and pre-application feedback. Feasibility studies by EPR Architects and Alchemy Asset Management suggest redevelopment options up to 362,000 sq ft, including mixed-use schemes with student housing, co-living, or hotel accommodation. The building’s current contracted income of £2.627M per annum reflects a modest £25.07 psf, with reversionary potential up to £3.85M and an ungeared IRR of 15%+.
Located opposite Hammersmith Broadway, the property benefits from exceptional connectivity via four Underground lines, major bus interchanges, and proximity to the A4/M4 corridor. The surrounding area is a vibrant mix of retail, leisure, and cultural amenities, with occupiers including Capcom, Weber Inc., Hansen Technologies, and Assala Energy. Offers are invited in excess of £20M, reflecting a capital value of £190 psf and a net initial yield of 12.30%.

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
105,237 sq ft
Costar Property Class
B
Year Built/Renovated
1981/2006
Price
£20,000,000
Price per sq ft
£190.05
Yield
12.30%
NOI
£2,460,000
Occupancy Rate
95%
Tenancy
Multiple
Number of Floors
11
Typical Floor Size
9,930 sq ft
Plot ratio
2.57
Total Plot Size
0.94 ac

AMENITIES

  • 24 Hour Access
  • Restaurant
  • Security System
  • Storage Space
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste North
  • 5,580 sq ft
  • Office
  • Partial Fit-Out
  • Now

Fully Fitted / CAT A

  • 4th Fl-Ste East
  • 5,885 sq ft
  • Office
  • Partial Fit-Out
  • 30 Days

East

  • 4th Fl-Ste North
  • 5,304 sq ft
  • Office
  • Partial Fit-Out
  • 60 Days

North

  • 5th Fl-Ste Part 5th
  • 11,446 sq ft
  • Office
  • Partial Fit-Out
  • 60 Days

The unit totals 11,470 sq. ft of excellent, contemporary, modern office accommodation which benefits from an exceptional fit out with exposed services and a new reception and café. The ground 4th and 5th floors are currently undergoing an extensive refurbishment. The part second and part fourth floors will be remodelled to provide contemporary partially fitted offices to include: - Partially exposed ceilings with LED lighting. - Partially fitted offices with kitchen facilities. - Air conditioning. - Raised floors. - New WC’s and ground floor shower facilities. - New WC’s and ground floor shower and changing facilities. - 2 x 24 person passenger lifts and a goods lift. - Refurbished reception and cafe. -1 parking space per part floor - 24 hour CCTV. - EPC Rating - C64.

  • 9th Fl-Ste East
  • 5,523 sq ft
  • Office
  • Partial Fit-Out
  • 60 Days

East

Space Size Space Use Condition Available
2nd Fl-Ste North 5,580 sq ft Office Partial Fit-Out Now
4th Fl-Ste East 5,885 sq ft Office Partial Fit-Out 30 Days
4th Fl-Ste North 5,304 sq ft Office Partial Fit-Out 60 Days
5th Fl-Ste Part 5th 11,446 sq ft Office Partial Fit-Out 60 Days
9th Fl-Ste East 5,523 sq ft Office Partial Fit-Out 60 Days

2nd Fl-Ste North

Size
5,580 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Now

4th Fl-Ste East

Size
5,885 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
30 Days

4th Fl-Ste North

Size
5,304 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
60 Days

5th Fl-Ste Part 5th

Size
11,446 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
60 Days

9th Fl-Ste East

Size
5,523 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
60 Days

2nd Fl-Ste North

Size 5,580 sq ft
Space Use Office
Condition Partial Fit-Out
Available Now

Fully Fitted / CAT A

4th Fl-Ste East

Size 5,885 sq ft
Space Use Office
Condition Partial Fit-Out
Available 30 Days

East

4th Fl-Ste North

Size 5,304 sq ft
Space Use Office
Condition Partial Fit-Out
Available 60 Days

North

5th Fl-Ste Part 5th

Size 11,446 sq ft
Space Use Office
Condition Partial Fit-Out
Available 60 Days

The unit totals 11,470 sq. ft of excellent, contemporary, modern office accommodation which benefits from an exceptional fit out with exposed services and a new reception and café. The ground 4th and 5th floors are currently undergoing an extensive refurbishment. The part second and part fourth floors will be remodelled to provide contemporary partially fitted offices to include: - Partially exposed ceilings with LED lighting. - Partially fitted offices with kitchen facilities. - Air conditioning. - Raised floors. - New WC’s and ground floor shower facilities. - New WC’s and ground floor shower and changing facilities. - 2 x 24 person passenger lifts and a goods lift. - Refurbished reception and cafe. -1 parking space per part floor - 24 hour CCTV. - EPC Rating - C64.

9th Fl-Ste East

Size 5,523 sq ft
Space Use Office
Condition Partial Fit-Out
Available 60 Days

East

  • Listing ID: 37910824

  • Date on Market: 02/10/2025

  • Last Updated:

  • Address: 1 Butterwick, London W6 8DL

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