Dorrington has acquired circa 67,000 sq ft of office space across five interlinked buildings at 15-23 Lincoln’s Inn Fields in London for an undisclosed price.
Three of the buildings, which are located in the heart of Holborn, are Grade II listed and parts of the buildings date back to the mid-18th century.
Dorrington intends to draw up proposals for a restoration of the office space that “reveals the characterful original architecture of Phillip Webb and Alfred Waterhouse whilst adding a 21st century x-factor”.
Robert Harris, director and head of commercial at Dorrington, said: “These amazing buildings directly fronting London’s largest garden square – and next door to London’s smallest and, in my opinion best, museum The John Soane – are beautiful, but they could benefit from modernisation.
“Our job is to bring them back to their former glory without losing any of their character, and at the same time make them functional and fit for the 21st century. When we are finished, these buildings will be a wonderful place to work – steeped in history, but all the usual tick-boxes for a current occupier requirement will also apply.”
Jamie Pope, chair of Central London investment at Knight Frank, added: “Knight Frank conducted a comprehensive marketing campaign which received significant investor interest with the team conducting over 50 viewings, resulting in a number of rounds of competitive bidding and exchange of contracts within the agreed timetable set. We wish Dorrington all the best with their plans to restore this fantastic building and take it through the next phase of its lifecycle.”
Dorrington was advised by Savills and the private seller was advised by Knight Frank.
