Project summary
- An HQ-style period office building providing 4,358sq ft over five floors, situated close to Buckingham Palace in Central London.
- Previous involvement relating to leasing advice following a Cat A refurbishment in 2019 and follow-on investment monitoring advice.
- Advice relating to future options, principally re-letting on lease expiry and subsequent sale as an ongoing investment opportunity versus sale with vacant possession aimed at exploring alternative use possibilities.
Solution
- We were instructed to dispose of the asset by way of private treaty through a targeted international marketing campaign.
Benefits
- We secured a premium price, having received competitive bids from investors, owner occupiers and developers seeking to change the use to residential.
