BBFC buys Soho Square leasehold

23 May 2003

The Mercers' Company, as trustee for the Earl of Northampton's Charity, has sold a 125-year leasehold of 3 Soho Square (left), London W1, to the occupier, the British Board of Film Classification, for around £4.95m. The transaction reflected a net initial yield of 6.45%, and the freeholder retained a 10% ...

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