Dominus, the real estate investment, development and asset management company, has purchased the freehold investment of an office property at 233/237 Old Marylebone Road, London NW1 from a private investor.
The building is arranged over 7 floors and offers a net floor area of over 20,000 sq ft. Currently the property is let until December 2017.
Preet Ahluwalia, Director for Dominus, said:
This transaction represents a further step in the ongoing expansion of our portfolio of central London offices.
“The property has great potential for growth through proactive asset management and forms part of our wider strategy to expand our investment portfolio and development pipeline across the UK.”
The property is situated almost equidistant from Paddington and Marylebone railways stations and the tube stations at Edgware Road, Baker Street and Marble Arch.