Town Centre Securities acquire new London HQ (GB)

Town Centre Securities acquire new London HQ (GB)

Town Centre Securities (TCS) has purchased a new London head office on Weymouth Street. This latest purchase forms part of the company’s ongoing portfolio diversification strategy and long term capital growth plans.

 

The recently refurbished, 4,760ft², Grade II listed property currently comprises residential accommodation to the third floor, with office space to lower ground, ground, first and second floors. This enables TCS to create a new, London base for the business following the sale of its previous capital base in 2021, with the remaining high grade office space offering unique opportunities that will appeal to a variety of sectors including medical and healthcare.

 

The building is located in the centre of the world’s most renowned medical district, moments from London and Harley Street clinics, as well as Princess Grace and Kind Edward VII Hospitals. In addition, the property offers easy access to Marylebone High Street, Bond Street and Baker Street underground stations along with the A40/M40.

 

Rob Thompson, Asset Manager at TCS, said: “The strategic acquisition of Weymouth Street further enhances our portfolio with the addition of this prime property in one of the capital’s most revered locations. The investment aligns with our core acquisitions and investment strategy where long-term value can be added.”

 

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