Iconic Commercial Property in London – #2 The Gherkin

Read Part One Here:  The Shard

As expert commercial property agents within London, we know a lot about what makes a good investment when it comes to commercial property. Due to the fact we live and work in London, we see plenty of truly impressive properties on a daily basis. London is actually referred to as one of the top cities in the world for property investment and it’s not hard to see why!

Due to their impressive collection of brilliant buildings, we started an interesting series that looks at some of the most iconic commercial property in London. We’ve covered The Shard and now we’re focusing on The Gherkin.

City of London aerial cityscape

The Gherkin

The Gherkin (30 St Mary Axe) is a commercial neo-futuristic skyscraper in London’s financial district. Construction was completed in December 2003 and it finally opened its doors in April 2004. The building includes 33 floors of offices, with companies such as Standard Life, Regus and Kirkland and Ellis inside.  It’s definitely become an iconic symbol of London. Considering its status, how much do you actually know about the building?

For example, did you know that:

7,249 planes of glass were used when building The Gherkin. This is equivalent to 5 full football pitches.

The lifts are extremely high powered. They have the capability of transporting around 378 people at one time at speeds of 6m per second.

It’s three times the height of Niagara Falls.

Remains of a young Roman girl were discovered during construction. They were preserved at the Museum of London until they could be reburied.

The design of the building has won many awards, including the London Region Award and the Emporis Skyscraper Award.

Over 35km of steel was used during construction.

There is a private member’s only club on the top 3 floors. It’s one of the highest in the city. A non member would have to pay around £300 for a NYE ticket.

It has been featured in several films, including Harry Potter and the Half Blood Prince.

The building uses 6 large shafts as a huge ventilation system. This is used to cool the whole of the building.

It was designed by Norman Foster. He was also responsible for designing London’s Wembley Stadium.

The building has aircraft warning lights that glow red in the dark to alert every one of planes flying overhead.

 

There obviously aren’t a lot of buildings exactly like The Gherkin in London but there are some truly brilliant commercial buildings to consider when looking into property investment. We can offer advice on guidance to help you find the right one for you. Please contact us on 0208 863 8680 for further information.

Current Opportunities

Current Opportunity

Consented Development of 4 flats, Wandsworth

The Gardeners, Merton Road, London, UK View on map
2065 sq ft
£ 900,000

Broken Parade, Holloway Road

155 Holloway Rd, London N7 8LX, UK View on map
Gross Yield % 7.9
7435 sq ft
£ 3,000,000
Current Opportunity

Retail & HMO, Southall

2-6 The Broadway, Southall, UK View on map
6701 sq ft
Call for price
Current Opportunity

Tesco Express, Twickenham

246 Powder Mill Lane, Hounslow, UK View on map
Gross Yield % 5.5
4157 sq ft
£ 2,300,000
Current Opportunity
9968 sq ft
£ 450,000
Current Opportunity

Tesco, Shepherds Bush

Tesco Express, 31 Uxbridge Rd, London W12 8LH, UK View on map
Gross Yield % 5.5
3800 sq ft
£ 2,200,000

Vacant, Wokingham

68-70 Peach Street, Wokingham RG40 1XH, UK View on map
6242 sq ft

McDonalds, Wolverhampton

50 Dudley Road, Wolverhampton, UK View on map
10462 sq ft

Nail Salon, Chelmsford

33 Springfield Road, Chelmsford, Essex CM2 6JE, UK View on map
830 sq ft

Ladbrokes, Camberley

Park Street, Camberley, Surrey GU15 3PL, UK View on map
1000 sq ft