33 Margaret Street is a 103,700 sq ft office and retail scheme developed behind Grade II listed façades. Delivered in December 2012, we worked closely with Westminster planning and design officers to substantially improve the existing planning consent. The historic context called for a sensitive design, balancing the retention of the listed façades with the requirements of contemporary office accommodation.
Arranged over nine levels the design and massing of the scheme, which sits in the Regent Street Conservation Area, respects the tall, slender and elegant buildings on Regent Street and the height and plot density of neighbouring buildings. Traditional materials such as Portland stone have been used in a modern way on the Margaret Street frontage to unify it with Regent Street.
The offices, totalling 95,617 sq ft, were pre-let to Savills plc for a term of 20 years at a rent of £7.0 million p.a. The sale of the building in January 2016 for £216.3 million was the profitable culmination of six years’ work by our team, which saw the property acquired, consented, built, leased and sold.
West End - North
Location
'Excellent' rated
BREEAM Accreditation
"33 Margaret Street is a modern, first class building in a great West End location developed to exacting standards by GPE. As our global headquarters, the exceptional building works well for both our staff and clients."
Mark Ridley
CEO (UK and Europe), Savills plc