A redevelopment opportunity opposite Estates Gazette’s HQ in the heart of London’s Holborn, has come to the market.
Tudor Toone has been appointed by UBS (on behalf of its Clova fund) to sell 30,553 sq ft Eagle House on Procter Street, WC1. Offers in excess of £19.8m – a 6.71% yield are sought.
Rental income at the building is £1.4m pa. It is currently let to law firm Mishcon de Reya which will vacate to nearby Africa House, WC2, next year.
The building has potential for a change of use or a refurbishment.
