As part of a joint venture we acquired 50-52 Paul Street, EC2A 4LB, a six storey office building in a prominent corner position at the junction of Paul and Luke Street, on a Freehold basis, for £9.25m (£376 psf), reflecting a net initial yield of 6.30%.
A short walk east of ‘Silicon Roundabout’, the building is currently 100% let to Select Services Partners Ltd.
We are seeking similar properties in this area and are keen to meet with local property owners to discuss options. As a private, family-owned company, we are able to act promptly when presented with appropriate opportunities.