1 Giltspur Street, London EC1 – Investment Sale
Daniel Watney were instructed to sell the long leasehold interest in this attractive office building located in the heart of Farringdon.
Our Role
Capital market advising, City & Guilds Institute of London Daniel Watney, jointly with Savills, carried out a Charities Act compliant marketing campaign to sell the long leasehold interest with Vacant Possession.
The sale provided a number of opportunities to the purchasers including full redevelopment, owner occupation or a comprehensive refurbishment.
In total, _ viewings were carried out, and _ bids received.
Result
Acting jointly with Savills, Daniel Watney sold the long leasehold interest of this 23,805 sq ft office building in the heart of Farringdon to Nuveen Real Estate, for £17,800,000 which reflects a capital value of £748.00 per sq ft Nuveen who have since let the space to Landmark Spaces
