Croudace Properties has secured a further opportunity in central London having exchanged contracts for the purchase of 14,000 sq ft of offices at 71-73 Carter Lane EC4. The property was won in an informal tender against numerous other bidders.
It is located off Ludgate Hill, close to St Pauls Cathedral, and is well served by Blackfriars, City Thameslink and St Paul’s stations. The popularity of the historic Carter Lane area is increasing and benefitting from significant regeneration. A number of neighbouring properties are set to be redeveloped for office, residential and hotel uses.
"We are delighted to have secured this superbly located property in a highly competitive market" said Neil Scott, Director of Croudace Properties. "Vacant possession will be available in the spring when the existing owner/occupier relocates to nearby premises, and in the meantime we will be investigating the possibility of extending the building, prior to a full refurbishment".