1 Giltspur Street investment sold by City & Guilds Q3 2019
Daniel Watney have successfully sold the long leasehold interest in 1Giltspur St, London EC1on behalf of our long-standing client, City & Guilds Institute of London.
Nuveen Real Estate purchased the 150 year old lease (123 years unexpired) for £17,780,000, reflecting a capital value of £784 per sq ft.
The property was occupied by City & Guilds and sold with full vacant possession. Located close to Smithfield Market and Farringdon Station, the property offers a number of redevelopment or refurbishment opportunities.
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