Commercial Property in Strand and Covent Garden available for sale
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Commercial Properties for Sale in the Strand and Covent Garden, London

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Explore the Latest Strand and Covent Garden Commercial Property for Sale

Office Buildings Retail Bars & Restaurants
More details for 45 Great Queen St, London - Retail for Sale

Prince of Wales - 45 Great Queen St

London, WC2B 5AA

  • Retail for Sale
  • £8,000,000
  • 6,846 sq ft
  • Air Conditioning
  • Security System
  • 24 Hour Access
  • Smoke Detector

London Retail for Sale - Midtown, London

The property is situated on Drury Lane, a short distance from Covent Garden Underground Station, in the heart of theatreland making it ideally positioned to benefit from the high number of visitors generated by the diverse entertainment offering. The Prince of Wales is surrounded by the popular tourist destinations of Oxford Street and The British Museum to the north, Covent Garden and The Strand to the south along with Leicester Square, Seven Dials and Piccadilly to the west, each with their own diverse entertainment and retail offering. The property is held freehold (Title Number 426466). The entire property is let on a 30 year lease to Spirit Pub Company (Managed) Limited (Company Number 05269240) and guaranteed by Punch Pubs & Co Limited (Company Number 03982441) expiring on 23 June 2034 at a current rent of £340,058 per annum which is subject to an open market review on 25 December 2024 and 2029. In addition to the statutory right to renew the lease under the Landlord and Tenant 1954 Act, the tenant also has a contractual right to renew the lease for a further 30 years on the same terms. There is an Authorised Guarantee Agreement from Spirit Managed Inns Limited (Company No. 05266815) and a guarantee of the Authorised Guarantee Agreement from Spirit Intermediate Holdings Limited (Company No. 04914762).

Contact:

Savills

Property Subtype:

Bar

Date on Market:

28/05/2024
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More details for 198 High Holborn, London - Office for Sale

The Connection - 198 High Holborn

London, WC1V 7BD

  • Office for Sale
  • £12,500,000
  • 23,494 sq ft
  • Air Conditioning
  • Raised Floor

London Office for Sale - Camden, London

The Connection provides a total of 23,494 sq ft (2,182.6 sq m) of office accommodation arranged over ground and five upper floors. The property is accessed from High Holborn, via Dragon Yard, a self-contained, landscaped walkway, partly covered by a glass canopy. There is an additional entrance to the rear, accessible via Stukeley Street. Open plan floor plates benefit from substantial natural light throughout, arranged over six levels, on either side of a central core linked by a glazed walkway. The office accommodation is finished to a Cat A condition, with the first floor benefiting from a fully fitted specification. The Connection, 198 High Holborn sits at the crossroads of five established London sub-markets: Covent Garden, Holborn, Soho, Fitzrovia and Bloomsbury. The location benefits from outstanding transport connectivity, plentiful green spaces, a rich heritage, and an unrivalled mix of retail, leisure and cultural amenities. The Connection is situated on the south side of High Holborn with its entrance positioned between the Hoxton Hotel and the Grade II listed Holborn Town Hall. The area is enriched by the Covent Garden piazza, numerous theatres, boutique shops and 5-star hotels, alongside a vibrant arts scene, fine dining and cultural icons such as the Royal Opera House, the British Museum and Seven Dials. To the north of High Holborn lies Bloomsbury, known for its prestigious academic and medical institutions.

Contacts:

Capital Real Estate Partners LLP

RX London LLP

Date on Market:

06/11/2025
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More details for 3-8 Southampton St, London - Office for Sale

Davidson Building - 3-8 Southampton St

London, WC2E 7HA

  • Office for Sale
  • £70,000,000
  • 41,878 sq ft
  • Energy Performance: B
  • Air Conditioning
  • Natural Light
  • Raised Floor
  • Bicycle Storage
  • Reception

London Office for Sale - Midtown, London

Striking, refurbished office & retail investment located in the heart of Covent Garden Introducing a rare opportunity to acquire a striking freehold asset in the heart of Covent Garden, just steps from the world-renowned Piazza. This 42,819 sq ft (3,978.0 sq m) all-electric building boasts an EPC A rating, blending premium Grade A office space with prime retail. Recently revitalised through a £6 million refurbishment, the property offers 30,715 sq ft (2,853.5 sq m) of multi-let offices with strong reversionary potential—current rents average £91.77 psf, with recent lettings achieving £105.00 psf. The retail element spans 11,163 sq ft (1,037.1 sq m) and is securely let to Marks & Spencer Plc on a 15-year lease with CPI-linked rent reviews (collared at 1% and capped at 3%). With a WAULT of 6.8 years to lease expiries and a topped-up passing rent of £3,568,730 per annum (£85.22 psf overall), this asset combines long-term income security with exceptional growth prospects. Positioned within reach of six Underground stations, including the Elizabeth Line at Tottenham Court Road, it offers unrivalled connectivity in one of London’s most vibrant districts.

Contacts:

RX London LLP

Michael Elliott

Date on Market:

21/10/2025
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More details for 11 Buckingham St, London - Office for Sale

11 Buckingham St

London, WC2N 6DF

  • Office for Sale
  • £8,000,000
  • 6,574 sq ft
  • Air Conditioning
  • Security System

London Office for Sale - Strand

A rarely available Grade II* Listed freehold townhouse, comprising of 6,574 sq. ft. NIA of class E accommodation. Substantial modernisation to the interior has elevated the building to a contemporary Grade A office space with a retained charm from its original heritage features. With potential for alternative uses, subject to obtaining relevant consents, the property is suitable for owner occupiers, investors and developers. Offers invited in excess of £8,000,000 for the freehold interest, reflecting a capital value of £1,216 per sq ft on the NIA and £827 per sq ft on the GIA.

Contacts:

Albany RE

Michael Elliott

Date on Market:

13/10/2025
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More details for 20 Buckingham St, London - Office for Sale

20 Buckingham St

London, WC2N 6EF

  • Office for Sale
  • 3,164 sq ft
  • Energy Performance: D
  • Security System

London Office for Sale - Strand

Delightful Freehold Office Building for sale Close to Charing Cross. Grade II* listed period self-contained office building, originally built circa 1675 and most recently comprehensively refurbished to a very high standard in 2011. This characterful building is situated between the River Thames and Charing Cross Station at the heart of the business district of Charing Cross/Adelphi

Contact:

GN2 Limited

Date on Market:

16/05/2025
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LoopNet UK London Commercial Properties For Sale in Strand and Covent Garden, London, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Strand and Covent Garden

See All Properties For Sale
How many Commercial Property listings are available for sale in Strand and Covent Garden?
There are currently 7 Commercial Properties available for sale near Strand and Covent Garden. These Strand and Covent Garden Commercial Property listings have an average size of 12,494 sq ft. The largest available listing in Strand and Covent Garden is 41,878 sq ft. The thriving commercial centre and excellent transport links in Strand and Covent Garden make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Strand and Covent Garden?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Strand and Covent Garden currently range from £399 to £1,252 per square foot. While the average net initial yield for Commercial Properties is 4.50%.
What other types of commercial property are available for sale in Strand and Covent Garden?
There is a diverse range of commercial properties available in Strand and Covent Garden to suit various business needs. Strand and Covent Garden offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 7 Strand and Covent Garden commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Strand and Covent Garden, London

Market Overview for Commercial Properties in Strand and Covent Garden

Key information for Commercial Properties investors in Strand and Covent Garden and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Thornton Heath £116 3,886 sq ft
Teddington £502 3,916 sq ft
£537 7,140 sq ft
Southall £745 2,180 sq ft
Edgware £525 1,732 sq ft

Rental Price Trends in Strand and Covent Garden

The price per square foot range for Commercial Properties in Strand and Covent Garden and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Thornton Heath £116 £116 £116
Teddington £221 £502 £781
£144 £537 £1,061
Southall £398 £745 £1,070
Edgware £386 £525 £731

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Strand and Covent Garden area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Thornton Heath 3,886 sq ft 3,886 sq ft 3,886 sq ft
Teddington 1,996 sq ft 3,916 sq ft 8,824 sq ft
500 sq ft 7,140 sq ft 36,724 sq ft
Southall 350 sq ft 2,180 sq ft 3,136 sq ft
Edgware 564 sq ft 1,732 sq ft 2,933 sq ft

You searched for commercial property for sale in Strand and Covent Garden. Explore 7 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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