Town Centre Securities (TCS) has acquired a new London head office on Weymouth Street for an undisclosed price. The recently refurbished 4,760 sq ft Grade II listed property replaces TCS’ previous base in the capital, which it sold in 2021.
Rob Thompson, asset manager at TCS, said: “The strategic acquisition of Weymouth Street further enhances our portfolio with the addition of this prime property in one of the capital’s most revered locations. The investment aligns with our core acquisitions and investment strategy where long-term value can be added.”
Jacob Ziff, investment surveyor at Clifton, which acted on behalf of TCS in the acquisition, added: “It has been great to work with TCS again to satisfy their London office requirement following the sale of the company’s Duke Street base last year.
“The ability to purchase this attractive freehold, so close to Marylebone High Street, is a rarity in itself and establishes a perfect base for the company to grow in the capital.”
