RX London advised on the sale of 95 New Cavendish Street in Fitzrovia on behalf of Abrdn. After an excess of 70 inspections the property was sold to LBS Properties and BauMount Real Estate Capital achieving in excess of £20.5m.  

Located in a prime central London office location, the building offers over 20,000 sq. ft of office accommodation arrange over lower ground, ground and four upper floors. The office floors benefit from regular floor plates and light from three sides. There is significant potential for additional massing including additional floors and a roof terrace.

The property is currently let to Gleeds paying a rent of £1,000,000 pa (£48.36 per sq. ft). The lease expires in December 2023.

For further information please get in touch with John Olney or Paul Smith.