ONE GATE CLOSES, ANOTHER GATE OPENS

21st July 2016

Richard Susskind & Company acquired the freehold interest of a prime Holborn freehold office building, 8 Gate Street, London, WC2, for a private Hong Kong investor from Valad’s V+ UK fund for the sum of £11.45 million. This property, which measures approximately 11,678 sq ft, is arranged over lower ground, ground and 4 upper floors. The building was sold on the day that the EU referendum result was announced and is currently let to Cartesian. Knight Frank and Trowers & Hamlins acted for Valad Europe while Richard Susskind & Company and Herbert Smith Freehills advised the purchaser.

8 Gate Street