Farringdon Road Estate, EC1

The Farringdon Road Estate was purchased in 2012 on behalf of WELPUT. The Estate comprises an entire island site with four self-contained attractive Victoria former warehouse buildings: River House, Clover House, Lector Court and Scriptor Court.

Since purchase, Grafton Advisors has subsequently refurbished and re-let much of the accommodation on a rolling basis, providing original exposed brickwork, new comfort cooling with exposed services, LED lighting, solid oak flooring and new WCs. Office rents of up to 155% higher than the average passing office rent at purchase have been achieved. The estate’s proximity to Farringdon station – which is on the Crossrail/Elizabeth line route – has assisted with this rental growth performance.