Acting on behalf of private clients, BC Commercial & Savills have sold the freehold interest in 5 Bloomsbury Square to a private client of Hurford Salvi Carr.
5 Bloomsbury Square is a Grade II* listed office building with planning consent for a change of use to a single residential dwelling. It comprises a net internal area of 2,986 sq ft and was in need of refurbishment.
The building was sold with full vacant possession and a price of £2,000,000 was achieved. This reflects a capital value of £670 per sq ft.