WELPUT sells former BHS HQ for £58.5m

By David Parsley2018-07-17T13:30:00

The former London head office of failed retailer BHS has been sold for the fourth time in four years, to an overseas investor, Property Week can reveal.

West End of London Property Unit Trust (WELPUT) has sold the 46,500 sq ft North West House at 119-127 Marylebone Road in London for £58.5m to a private overseas investor. The deal represents a net initial yield of around 4.5%.

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