118-124 CHARING CROSS ROAD, WC2
£40.50 million / NIY – 2.99% / £1,035 per sq ft
39,115 sq ft
Private Asian Investor
Aberdeen Standard Investments
Acting on behalf of Aberdeen Standard Investments, CBRE was delighted to conclude the sale of this underdeveloped site in close proximity to Tottenham Court Road.
Following an extensive period of pre-sale due diligence that involved both professional and planning consultancy to explore asset management and massing opportunities, an identified group of target purchasers was approached in an off-market campaign. This ensured that transaction risk could be minimised, whilst generating competition amongst interested groups.