We advised on the sale of this sale of this substantial asset located in the specialised and unique area of Hatton Garden. LSH was able to give the extensive knowledge required of the location and the asset to the prospective purchasers many of whom only invest in the location. The price achieved was 20% above valuation following competitive bidding. The asset was sold to Structadene Limited at a price of £12m reflecting a yield of 3.72%.
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