We acted on behalf of an overseas private investor and sold the freehold to Schroder Property Investment Management Ltd/WELPUT for £65,000,000 reflecting an initial yield of 5.9%.

The office building comprises circa 135,000 sq ft and is let in its entirety to Warner Bros Entertainment Ltd until September 2014 producing an annual rental income of around £3,861,000, approximately £29 per sq ft.