7-8 St. Martins Place, WC2

7-8 St. Martins Place, WC2

All Properties

7-8 St Martin’s was purchased off market for £41 million in 2010 on behalf of WELPUT.

Grafton Advisors undertook an initial refurbishment/redevelopment feasibility analysis, prior to selling the building in 2014 for £65 million with the prospect of a change of use to a hotel. This price therefore crystallised a significant development profit, but avoided construction, void and letting risk.

Client: WELPUT
Village: Soho & Covent Garden
Tenure: Freehold
Uses: Offices & Retail
Size: 48,000 sq ft (4,500 sq m)
Status: Sold

Location

7-8 St. Martins Place, WC2

7-8 St. Martins Place, WC2
WC2N 4HA