E&A Securities acquired the commercial long leasehold interest in the ground and basement of this building situated immediately behind City Thameslink station and a 2 minute walk to Blackfriars station to the South. The property had been operating as a large restaurant and late night venue, but its low footfall location away from the main streets had meant the venue eventually had to close.
E&A Securities negotiated the widening of the use classes within the headlease to include B1/D1 & D2 along with existing A1 and A3 use classes. Planning submitted shortly afterwards for change of use to B1/D1/D2 and this consent achieved within the 8 week determination period from City of London. The property is currently being comprehensively refurbished to a Grade A standard to appeal to high quality office tenants.