Unica Capital acquires 167-169 Wardour Street in Soho

Unica Capital acquires 167-169 Wardour St in Soho, London
Unica Capital acquires 
167169 Wardour St 
in Soho, London

Office in Wardour Street Soho London

Specialist real estate and property investment company Unica Capital has kicked off 2024 on strong footing, announcing the acquisition of 167-169 Wardour Street in Soho for £11.5m.

Wardour Street, Soho:
A freehold commercial building, totalling 13,628 sq ft arranged over six floors, is fully let with a restaurant occupying the basement and ground floors, with office space on the remaining four floors.

The restaurant space is occupied by modern Indian dining experience Tamarind Kitchen, while office tenants include sports management agency CAA Base Limited, documentary company Rogan Productions Ltd and London Power Networks Plc.

A lease has recently been renewed with the main office tenant, CCA Base Limited.

The property is located on one of Soho’s most popular streets, close to Mayfair and linking Leicester Square to Oxford Street.

With a portfolio of combined assets with a value of £380M, the acquisition forms part of Unica Capital’s core strategy to build an exceptional portfolio of stable, income-generating residential and commercial assets located in the capital’s best postcodes. Other properties include 2-4 Cork Street, 55/56 Poland Street and 35 Great Smith Street which was acquired in the middle of 2023.

Byron Baciocchi, Founder and CEO at Unica Capital, said:
“This acquisition epitomises our approach to sourcing the best buildings in prime locations with long term appeal.

London is currently an attractive buyer’s market for those who can act quickly and decisively on the right opportunities. Despite previous broader economic uncertainty, the combination of stagnant or falling prices and growing tenant demand make prime London property an enticing prospect for investors including family offices and ultra-high net worth individuals.

Following a strong and successful 2023, the acquisition of 167-169 Wardour Street marks the beginning of what will be a substantial growth year in 2024, with nine active acquisition projects underway in central London.”

Tydus Real Estate Ltd, Maurice Turnor Gardner LLP and Ashfords LLP acted for Unica Capital on the acquisition.

Published: January 11 2024
Author: Ricardo Gato

Office in Wardour Street Soho London

Unica Capital acquires an iconic building in the heart of Victoria

Unica Capital expands property investment portfolio
Unica Capital 
expands property 
investment portfolio

Unica Capital expands property investment portfolio in Victoria London

Unica Capital, a real estate & property investment company that identifies, finances, and manages commercial and residential properties across London, Geneva, Zurich and the Alps, has added another asset to its fast-growing London portfolio.

Unica Capital has acquired a commercial asset in the heart of Victoria, London. 35 Great Smith Street, early 20th-century building is close to the House of Lords, the British Parliament and Westminster Abbey.

Totalling 31,850 sq ft office accommodation, the building is arranged over six floors (lower ground, ground and four upper floors), and offers shower facilities and four underground car parking spaces.

At the time of purchase, the premises are let to a government agency – The Secretary of State for Housing Communities and Local Government.

Byron Baciocchi, Unica Capital Chairman and CEO said: “This acquisition follows the strong strategy that we set up last year, on acquiring historical buildings in prime locations while meeting our ESG commitment and new government environment guidelines in London. This underpins our strength in investing in future-proof commercial real estate.”

Based on studies carried out by architects, the fourth floor could be extended, and an additional level could be raised. Both could create outdoor spaces, improving the offering of the commercial building.

Published: June 7 2023
Author: Ricardo Gato

Unica Capital expands property investment portfolio in Victoria London

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