Prime 18,300 Sq Ft Freehold Sold On Clerkenwell Green, EC1

30th November 2011

Richard Susskind and Company are delighted to announce that we have sold 2-7 Clerkenwell Green on behalf of our client, Chaumiere Ltd. The Freehold was sold to Maurice Investments for £7,050,000 reflecting a NIY of 3.95% and a capital value of £385 psf.

Positioned in a prime spot on the south side of Clerkenwell Green, the property occupies a prominent position in this unrivalled location. Only a short walk from Farringdon Station, Clerkenwell Green is now one of Central London’s most sought after areas.

Jonathan Franks, who sold the building said “With rental values now hitting levels similar to the peak of 2007/8, there is increased demand for Freehold investments in the Farringdon / Clerkenwell areas. This sale is another example of investors looking to add EC1 properties to their portfolios” Richard Susskind and Company advised Chaumiere Ltd while Harris Associates advised Maurice Investments.

To see details of other properties which we are selling, click here.