The City investment team at global real estate advisor, Colliers International, has advised Gladius Holdings on the £9.95 million disposal of the freehold interest at 10 Gough Square, London EC4 to Hex Park.
Located close to Ludgate Circus, the 10,5000 sq ft multi-let office building is currently let to lawyers, Dewar Hogan, and events company, Active Communications.
The sale represents a capital value of around £950 per sq ft and a 3.75 percent net initial yield.
Interestingly, the building benefits from its very own little garden square at the front of the property, held separately on a 999 year lease from the City of London Corporation.
Colliers International represented the vendor.
Coldwell Banker Commercial acted on behalf of the purchaser.