Prudential is due to exchange contracts with UK & European Investments today for the £33m Euston House at 24 Eversholt Street.
Argyll Property Asset Management negotiated the sale on Prudential’s behalf, achieving a sale price £1m less than the asking price. The 10,420 sq m (112,120 sq ft) premises has been on the market since June and is currently let to software training company Learning Tree International. The lease has 19 years remaining and is subject to a reversionary rent.
Nelson Bakewell acted for Argyll.
Property Week 22/10/99 page 5
