Francis Grove, Wimbledon

Description: Multi-let office building, predominantly let to the UK Government, extending to 19,328 sq ft.

Strategy: Surrender of occupational lease and subsequent refurbishment of ground floor office area and common parts. Lease renewal to the Valuation Office Agency (VOA).

Acquired


Date: 2010 (*)
Acquisition Price: £6.64m

(*) Property acquired by the principals of Marchmont, prior to the formation of the business in 2011, after which it formed part of the assets under management.

Sold


Date: 2015
Sale Price: £11.50m