LONDON-Compco Holdings has ought the freehold of Staple Inn, a group of listed buildings in Holborn, London WC1, from the Prudential for £14m million ($20.5 million).
The listed buildings, with one of London's best preserved Tudor facades which dates back to 1545, comprise 1-10 Staple Inn, Staple Inn Hall, Staple Inn Buildings North and South, 1-4 Holborn and 335-338 High Holborn, and have been owned by the Prudential since 1886.
The properties provide 42,000 sf of offices together with five shops, producing a current income of £961,500 ($1.41 million) which Compco says is significantly reversionary. Tenants include the Institute of Actuaries, the Chartered Institute of Patent Agents, Vodafone and Sketchley.
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