Threadneedle sells 73 Brook Street, London W1 (UK)

Threadneedle Property Investments Limited have sold the long leasehold of 73 Brook Street, London W1. The 14,500 ft² (1,300 m²) property was purchased by an overseas investor for the sum of £19 million (approx. €22 million).

The building comprises lower ground, ground and 4 upper floors of office accommodation with a residential flat on the top floor and is multi let to 6 tenants with vacant possession is achievable by June 2014.

The opportunity to refurbish/redevelop a property located on one of the West End of London’s most prestigious streets attracted strong interest from a variety of investors.

Threadneedle were advised by Montagu Evans.

Source: Montagu Evans

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