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.