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Off Market Purchase:

Prince’s House

London W1

Morley Fund Management were searching for a well-located multi-let West End investment that provided a mixed income profile.

We sourced and purchased Prince’s House off-market on their behalf, for £63,500,000, from a private investor.

The total size of this distinctive building is circa 78,012 sq ft, combining offices, retail, leisure and residential.

The offices were let to nine tenants with expiries/breaks between 2006 and 2016; Retail units were let to 17 tenants, also with expiries/breaks between 2006 and 2016, with tenants including Orange and Lladro; Leisure (including the exclusive Tramp night club) was let to 2023; a two-bedroom townhouse completed the mix.