Office in Mayfair sold to make way for residential development
CLS Holdings have recently sold an empty office in Mayfair at a reported figure of ┬ú2.23m – a 17.4% increase on its December 2008 valuation. The value increase offers yet more positive news for the commercial property market.
According to Property Week, the Mayfair property was sold to Knightsbridge residential developer, Malcolm Paul Atkins.
Based on Deanery Street, on the corner of Hyde Park, the property occupies a highly sought-after location in the heart of Central London.
Hyde Park Corner and Green Park tube stations are just a short stroll away, while prestigious hotels and venues including The Dorchester, The Ritz and the London Hilton are close by.
For more details on office space in Mayfair, visit our website to find and compare offices, or contact our London office space specialists for free expert advice.