20 Water Street, L2 8UQ
The property comprised a 1950s office building which had been substantially refurbished in the early 2000s and occupied by the Home Office. The property was acquired with a UK Institutional Banking Partner for £6m.
As a result of meeting with the tenant it was apparent they required more space and we therefore secured planning permission for two additional floors.
The property sold for £7.7m. The hold period was two years.