70 Wilson Street, EC2

The virtual freehold interest of Summit House, 70 Wilson Street and 50 Worship Street, London, EC2A 2DB has been acquired by Low Carbon Workspace Partnership c/o Threadneedle Property Investments Limited from a private overseas client of Nightingale Partners.

The property is situated just to the north east of Finsbury Square and comprises an office building developed in 1989 on lower ground, ground and five upper floors, extending to approximately 56,962 sq ft. (5,291.8 sq m).

The property is held under a 999 year head-lease, and was formerly occupied by The International London Stock Exchange under 2 leases which expired in March 2014. The property was sold with vacant possession.

The purchase price of £21.50 million reflects an overall capital value of £377 per sq ft.

Nightingale Partners represented the vendor.