Farringdon Road

Address: Farringdon Rd, London EC1

Size: 230,000 sq ft


  • Acquisition of a 38,000 sq ft multi-let office building held on a long lease from The City Corporation
  • Light touch refurbishment of common parts and individual office suits as needed to generate income return
  • Planning consent obtained for redevelopment to provide Grade A office building of approx 230,000 sq ft NIA to include adjoining site owned by The City Corporation


  • Planning consent secured for 230,000 sq ft NIA
  • Property sold to a major UK developer
  • Very high equity multiple driven by the planning consent and the Crossrail effect


Current Position:           Sold

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