Commercial Property for Sale in Soho
Soho is the dense grid of streets between Oxford Street, Regent Street, Shaftesbury Avenue and Charing Cross Road. It is the centre of London’s film, television, advertising and music industries. Wardour Street and Dean Street are known for post-production houses, Golden Square for media companies, and Soho Square for film and music businesses. Restaurants, theatres and bars keep the streets busy well into the evening.
Morgan Pryce advises businesses and investors who want to buy in Soho. We act only for the buyer. If leasing suits you better, our guide to office space to rent in Soho explains that market. Buyers also look at Fitzrovia and Noho north of Oxford Street and Covent Garden to the east.
Soho is ringed by four Underground stations. Tottenham Court Road has the Central, Northern and Elizabeth lines. Oxford Circus has the Bakerloo, Central and Victoria lines. Piccadilly Circus has the Bakerloo and Piccadilly lines, and Leicester Square has the Northern and Piccadilly lines. Almost every street is within five minutes’ walk of one of them.
Commercial Property for Sale in Soho: Small Buildings, Strong Demand
Commercial property for sale in Soho is mostly made up of small buildings. The area was laid out in the late seventeenth century on narrow plots, and that pattern survives. A typical building has a shop, restaurant or bar at street level and three or four floors of offices or studios above.
Ownership is concentrated. Shaftesbury Capital owns large holdings around Carnaby Street and Chinatown, and Soho Estates owns many buildings across the district. Both hold for the long term. The commercial space for sale in Soho therefore tends to come from private owners, family trusts and smaller investors.
Opportunities usually fall into these groups:
- Whole mixed-use buildings with a commercial ground floor and offices above.
- Upper-floor offices and studios sold on long leases.
- Former warehouses and workshops converted to open-plan creative space.
Owner-occupiers are often media and creative businesses that want a permanent studio or edit facility. Investors are drawn by the mix of uses, which spreads income across different types of tenant. Our office space calculator can help you size your requirement.
Buying Commercial Property in Soho: Points to Weigh Up
Buying commercial property in Soho brings some issues that are specific to the area.
- Mixed uses in one building. If the ground floor is a restaurant or bar, check the lease terms, extraction routes, servicing and opening hours, because they affect the offices above.
- Licensing and noise. Soho has a busy evening economy. Consider how this affects the way you will use the building and any future letting.
- Conservation and listing. The Soho Conservation Area covers most of the district and many buildings are listed. Alterations need consent from Westminster City Council.
- Access and floorplates. Narrow staircases, small lifts or no lift at all are common. Think about accessibility and how equipment will be moved in.
- Energy performance and tax. Older buildings may need upgrading to meet energy efficiency rules if let. Stamp Duty Land Tax applies and VAT may be charged, so take advice early.
Soho suits buyers who want character and a central location, and who are comfortable managing a building with more than one use.
Why Use a Commercial Property Agency in Soho That Acts Only for Buyers
Soho buildings vary a great deal from one door to the next. An agent working for you, and not for the seller, helps you judge each one properly.
- Market coverage. We monitor every commercial building for sale in Soho and approach owners directly where a building matches your brief.
- RICS-qualified assessment. We examine tenure, existing leases, condition and running costs, and set out the findings in a purchase report.
- Clear advice on income. Where a building is part let, we review the tenants and lease terms so you understand the income you are buying.
- Negotiation and completion. We negotiate the deal and work with your solicitor and surveyor until completion.
See our commercial property purchase and advisory services page for details.
Looking for a Commercial Building for Sale in Soho?
Good Soho buildings are often sold through private approaches. Share your requirement with us and we will search marketed and off-market stock across the district.
Call Morgan Pryce on 020 3987 6200 or book a free consultation. You can also read about the wider market on our London commercial property page.
FAQ
Most commercial property for sale in Soho is small mixed-use buildings with a shop, restaurant or bar on the ground floor and offices or studios above. Upper-floor offices sold on long leases and converted warehouse buildings also come to the market.
Shaftesbury Capital owns large holdings around Carnaby Street and Chinatown, and Soho Estates owns many buildings across the area. Both are long-term holders. Buildings offered for sale usually come from private owners, family trusts and smaller investors.
Yes. Soho is the established centre of London’s film, television, advertising and music industries, with post-production and media companies concentrated on Wardour Street, Dean Street and Golden Square. Owning a building gives a creative business a permanent studio in that cluster.
Review the lease of any ground-floor restaurant or bar, including extraction, servicing, licensing and opening hours. Check the building’s planning use, listed status and energy rating, and confirm access arrangements for the upper floors.
Morgan Pryce acts only for buyers. We search marketed and off-market buildings, provide RICS-qualified advice on value, tenure and condition, review any existing leases, and negotiate the purchase through to completion.
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