The Langham Estate is a property estate in
Fitzrovia
Fitzrovia () is a district of central London, England, near the West End. The eastern part of area is in the London Borough of Camden, and the western in the City of Westminster. It has its roots in the Manor of Tottenham Court, and was urban ...
, London, and is owned by the Mount Eden Land Limited (
Guernsey
Guernsey (; Guernésiais: ''Guernési''; french: Guernesey) is an island in the English Channel off the coast of Normandy that is part of the Bailiwick of Guernsey, a British Crown Dependency.
It is the second largest of the Channel Islands ...
). The company controls 14 acres of real estate in central
London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...
.
Background
The Langham Estate originates from an entity first established in 1925 to manage a holding of 40 acres of land purchased from the
Howard de Walden Estate in central London.
The properties, acquired for £3m and located in eastern
Marylebone
Marylebone (usually , also , ) is a district in the West End of London, in the City of Westminster. Oxford Street, Europe's busiest shopping street, forms its southern boundary.
An Civil parish#Ancient parishes, ancient parish and latterly a ...
,
then passed through various owners, including
Sir John Ellerman's Audley Trust, before being acquired in 1994 by Guernsey-based Mount Eden Land Ltd for £51m.
Under Sir John Ellerman, the holdings covered almost all
Great Portland Street
Great Portland Street in the West End of London links Oxford Street with Albany Street and the A501 Marylebone Road and Euston Road. A commercial street including some embassies, it divides Fitzrovia, to the east, from Marylebone to the west. ...
, and much of streets alongside it (including
Hallam,
Bolsover
Bolsover is a market town and the administrative centre of the Bolsover (borough), Bolsover District, Derbyshire, England. It is from London, from Sheffield, from Nottingham and from Derby, Derbyshire, Derby. It is the main town in the Bols ...
, Margaret and
Great Titchfield Streets).
Numerous holdings on Great Portland Street were divested over the years.
The Langham Estate operates in an area noted for its media connections, restaurants, design showrooms and art galleries. The Langham Estate was described in 2017 as being one of London's ''16 Great Estates'' with its footprint of 13.8 acres of central London property. Many of the entity's original properties are still held—but now in the form of
freehold
Freehold may refer to:
In real estate
*Freehold (law), the tenure of property in fee simple
*Customary freehold, a form of feudal tenure of land in England
*Parson's freehold, where a Church of England rector or vicar of holds title to benefice p ...
as their long leases have been sold off.
Samuel Tak Lee of Hong Kong is said to be its owner.
Mr Lee reportedly sought control of
Shaftesbury PLC's neighbouring 15-acre estate until his interests in it were sold in June 2020.
Recent developments
The
Fitzrovia
Fitzrovia () is a district of central London, England, near the West End. The eastern part of area is in the London Borough of Camden, and the western in the City of Westminster. It has its roots in the Manor of Tottenham Court, and was urban ...
real estate market has been undergoing a renewal. The area has witnessed significant increase in
rents and
rates
Rate or rates may refer to:
Finance
* Rates (tax), a type of taxation system in the United Kingdom used to fund local government
* Exchange rate, rate at which one currency will be exchanged for another
Mathematics and science
* Rate (mathema ...
along with markedly higher occupant turnovers. Property values have increased in part due to changes in planning constraints, along with the impact of the
Cross Rail and
Oxford Street
Oxford Street is a major road in the City of Westminster in the West End of London, running from Tottenham Court Road to Marble Arch via Oxford Circus. It is Europe's busiest shopping street, with around half a million daily visitors, and as ...
projects, which were projected to increase commercial activity in the area.
The company markets some of its properties under the banners of ''Noho'' and/or ''FitzNovia'' to describe an area just north of
Oxford Street
Oxford Street is a major road in the City of Westminster in the West End of London, running from Tottenham Court Road to Marble Arch via Oxford Circus. It is Europe's busiest shopping street, with around half a million daily visitors, and as ...
and just west of
Regent Street
Regent Street is a major shopping street in the West End of London. It is named after George, the Prince Regent (later George IV) and was laid out under the direction of the architect John Nash and James Burton. It runs from Waterloo Place ...
.' The company website states the company holds a "1.3 million sq feet (29 acre) mixed portfolio of office, showroom, retail, restaurant, bar, residential and storage" properties.''
''
A neighbourhood plan is being developed for Langham Estate's
Fitzrovia
Fitzrovia () is a district of central London, England, near the West End. The eastern part of area is in the London Borough of Camden, and the western in the City of Westminster. It has its roots in the Manor of Tottenham Court, and was urban ...
area. This is being done in consultation with stakeholders, the Langham Estate and other local landlords, businesses and residents. The plan focused on improving the local amenity, affordable housing provision, poor broadband data services and air pollution conditions.
Gallery
File:Great Portland Street From Oxford Street Feb 2011.jpg, Many Langham Estate holdings are found at the southern end of Great Portland Street
Great Portland Street in the West End of London links Oxford Street with Albany Street and the A501 Marylebone Road and Euston Road. A commercial street including some embassies, it divides Fitzrovia, to the east, from Marylebone to the west. ...
File:Great Titchfield Street - Margaret Street junction.JPG, Numerous buildings on Great Titchfield Street
Great Titchfield Street is a street in the West End of London. It runs north from Oxford Street to Greenwell Street, just short of the busy A501 Marylebone Road and Euston Road. It lies within the informally designated London area of Fitzrovi ...
and Margaret Street are part of the Langham Estate
File:Great Portland Street prior to tree planting.jpg, Langham Estate historic holding on Great Portland Street
Great Portland Street in the West End of London links Oxford Street with Albany Street and the A501 Marylebone Road and Euston Road. A commercial street including some embassies, it divides Fitzrovia, to the east, from Marylebone to the west. ...
File:Hallam Street Marylebone - panoramio.jpg, Langham Estate properties on Hallam Street
Hallam Street is a road situated in the Parish of St Marylebone and London's West End. In administrative terms it lies within the City of Westminster's Marylebone High Street Ward as well as the Harley Street Conservation Area. Formerly nam ...
File:Bolsover Street Bikes - panoramio.jpg, Bolsover Street is the location of a number of Langham Estate properties
References
External links
The Langham Estate websiteMap of Langham Estate(Mount Eden Land Guernsey Ltd)
MyNoHo– The Langham Estate Blog
Langham Estate International*
Fitzrovia
Fitzrovia () is a district of central London, England, near the West End. The eastern part of area is in the London Borough of Camden, and the western in the City of Westminster. It has its roots in the Manor of Tottenham Court, and was urban ...
– Langham Estate area description
FitzWestNeighbourhood Forum for West Fitzrovia
Fitzrovia Neighbourhood AssociationSurvey of London South East Marylebone (Fitzrovia)– Langham Estate area history
{{Real estate in the United Kingdom
1925 establishments in England
British companies established in 1925
Real estate companies established in 1925
Property companies of the United Kingdom
Privately owned estates in London
Buildings and structures in the City of Westminster
Fitzrovia