44 Welbeck Street, London W1
On behalf of Private Clients, Cyril Leonard have sold the virtual freehold of this attractive Georgian Grade II Listed office building arranged over basement, ground and three upper floors; having a net internal floor area of approx 3,130 sq ft. The lease permitted use as offices or residential.
The 900 year lease was purchased for £4.2m by a Family Trust for their own occupation. The price equated to £1,340 psf capital value.