London Office for Sale - City of London
On the instructions of C. Hoare & Co, Gale Priggen & Company are pleased to offer this historic period building for sale; a mixed-use property offering buyers an existing income stream, with a range of redevelopment/refurbishment options, and the opportunity to invest in one of London’s most dynamic districts.
47 Fleet Street spans six levels with a net internal area of 4,529 sq ft / 421 sq m (NIA). The famous El Vino wine bar on the ground floor & basement occupies a total of 2,011 sq ft / 187 sq m, with an attractive street-level frontage, featuring a vintage lamp sign, inviting glass entry, and custom moldings. The upper floors extend to 2,518 sq ft / 234 sq m and are approached via a separate entrance within Hare Place.
El Vino is a popular local wine bar with business ties dating back to 1879 and noted as being a popular venue over the years for both the legal profession and the many high-profile journalists, from when Fleet Street still dominated the world of newspapers and publishing. It is now owned by Davy’s Wine Merchants, which itself was established in 1870. The premises are held under a lease expiring in 2036, incorporating mutual break options from June 2028, at a rent of £90,000 per annum, with rent reviews in 2027 and 2032.
The self-contained upper parts present a range of opportunities for a purchaser. The floors are in need of comprehensive works to upgrade and reimagine the accommodation, whether for re-letting or occupation as an owner-occupier. Subject to obtaining the necessary consents, there may be scope to extend the premises to the rear and reconfigure the circulation space, to include potentially installing a passenger lift.
During 2018/19 an initial Pre-Application submission was made to the City of London, to explore the possibility of extending the rear elevation to increase the floor area of the upper floors, provide office accommodation with suitable stair and lift access, WC facilities to the upper floors and to provide improvements to the public realm at the rear.
A purchaser may also wish to explore alternative uses for the upper parts, again subject to obtaining the necessary consents, and consider the possibility of conversion to provide residential accommodation, a boutique apart hotel scheme, or other use.
The property is not Listed, but does lie within the Fleet Street Conservation Area, which was adopted in 2016, and is included within the Data Room, together with a Heritage Significance Report.
The Fleet Street Quarter is a BID set to bring 34 major commercial projects, with several already completed, along with enhancing streets and green spaces. The effects of these initiatives are already being seen. As of Q4 2025, approximately 750,000 square feet of commercial space has been reported as under construction within a quarter-mile radius of 47 Fleet Street.
Further details are available from the Data Room.