27 Dover Street, Mayfair, London W1
Published 1st September 2010
Property - Prime Mayfair offices
Floor area - 6,500 sq ft
Purchase price - c. £6m
Claymore Role - Acquisition & asset management
Acting on behalf of a major Qatari based propco, Claymore Group acquired 27 Dover Street, Mayfair, for c. £6m in July 2010. The property comprises 6 floors of offices, totalling 6,500 sq ft, in a modernised Grade II listed building dating back to 1800.
Claymore has been actively managing the property and recent lettings on around 4,000 sq ft to Saint Laurent and Rossi & Rossi have driven rentals from around £55/sq ft to £80/sq ft and assisted in enhancing capital value from £6m to in excess £12m over a 4 year period.