More than 90% of the income derives from a letting to LloydsTSB Bank on a lease expiring in March 2015 at a rent of approximately £60 ($86) per sf. The remainder is let to National Bank of Nigeria.
Strutt & Parker acted for the vendors and WJB Mondiale and Lewis Ellis advised the private investor. Simon Jones, Partner in Strutt & Parker's West End Business Team said: 'This sale demonstrates the continuing strength of demand from private investors for well-secured investments let on long leases in prime office locations.'
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