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LONDON- McKay Securities has paid £6,3 million ($8.9 million) for the freehold of 5 Old Queen Street and 6 Storeys Gate, situated closed to Bird Cage Walk and Parliament Square in London’s Westminster.

The property consists of two separate but adjoining buildings totaling about 16,500 sf, which are fully let to a range of tenants at average rents of £23.50 ($33.37) per sf.

Mellersh & Harding acted for McKay and Aberdeen Property Asset Managers and Strutt & Parker acted for the vendor, The Scottish Provident Institution.

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