Two London offices have been sold to private investor SE Land & Estates Group for around a reported £12.5 million.
The linked West End properties are 35 Soho Square and 13-14 Dean Street. They total 13,499 square feet plus an 818-square-foot garage and are connected at ground and also lower-ground levels.
Avi Orenstein, of SE Land, says, “We’re delighted to announce the successful acquisition of 35 Soho Square and 13-14 Dean Street, marking two milestones additions to our London portfolio. Strategically located near Tottenham Court Road Elizabeth Line station, in the heart of Soho, these properties perfectly align with our strategy to target value-add opportunities in vibrant London sub-markets.
“This marks our tenth significant transaction in Central London in the last two and a half years and with another already under offer, we’re set to continue to grow our London portfolio.”
SE Land and Estates Group is working with architects Anomaly and also property specialists RX London aims to deliver best-in-class, flexible offices, with sustainability at the forefront, plus a flagship Michelin-star aspiring restaurant on Dean Street.
Hanover Green and Michael Elliott were instructed to sell the combined freehold and leasehold interests by Aviva and Lothbury.
The rent is understood to generate £334,235 a year. Tenants include Wimbledon Business Centre and B-Side Management.
