WELPUT sells former BHS HQ for £58.5m

north west house

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%.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now