32 Sackville Street, Mayfair

32 Sackville Street, Mayfair
London, W1S

Cyril Leonard advised a private property company on the purchase of this prime Mayfair freehold office building in January 2016 for a price of £14.25m equating to circa £2,036 per sq ft. The property is let in its entirety to Hillpark Ltd, an accountancy firm, until November 2023 at a low passing rent of £350,000 p.a. / £49.98 per sq ft and is suitable for owner occupation or change of use once the tenant vacates. We sold the freehold interest for £18m equating to circa £2,500 psf in April 2016 after receiving an off-market approach from an overseas investor.

Location: London
Type:
Office
Value: £14.25m and £18m
Service(s):
Acquisitions & Disposals

Similar Case Studies

Golden Square 36 - North Side (2)

M&C Saatchi Plc, London

W1F 9EE

Size:
Value:
The Cowcross Estate

The Cowcross Estate, London

Size: 35,000 sq ft
Value: £43.75m
The Shepherds Building

Shepherds Building, Charecroft Way

W14 0EE

Size: 145,000 sq ft
Value: £125.3m

Our News

View all

ABTA, Newman Street – Sale

Cyril Leonard was pleased to advise ABTA, the association of travel agents and tour operators,...
Cyril Leonard - Our People

New management team takes helm at Cyril Leonard

Independent property consultancy, Cyril Leonard, has announced changes to its board and a new leadership....