Somerford Real Estate 2018-19 A year of opportunity

£18.5 million

£18 million

Dace Road Hackney Wick | E3

Hamilton House 1 Temple Avenue | EC4

Somerford RE advised Southern Housing Group in purchasing this site in Hackney Wick’s trendy “Fish Island” for £18.5 million. The site has approved planning consent for a mixed-use development for 110 apartments and 58,000 sq ft of workspace separated across four blocks.

Somerford RE acted on behalf of Dorrington in purchasing the long leasehold interest of Hamilton House from the City of London Corporation. This iconic Grade II listed building occupies a highly prominent position of Victoria Embankment at its junction with Temple Avenue. The building totals approximately 29,300 sq ft of office accommodation arranged over basement – 5th floor. The building offers multiple asset management opportunities to enhance value and was purchased for £18,050,000.

£9.5 million

£8.25 million

23 Goswell Road | EC1

Acting on behalf of Boultbee Brooks Real Estate, Somerford RE purchased the Freehold interest of this 23,000 sq ft building for £9.5 million. The building is currently occupied by the Italia Conti Academy and offers many re-development and other asset management opportunities.

Drapers Court Kingston Hall Road | KT1 Somerford RE purchased the freehold interest of Drapers Court on behalf of Boultbee London Real Estate for £8.25 million. This 33,000 sq ft building was purchased from Kingston College who occupy part of the building. The building is multi-let and offers many re-development and asset management opportunities.

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