Nightclub The End which made Fatboy Slim and Erol Alkan snapped upComments Off on Nightclub The End which made Fatboy Slim and Erol Alkan snapped up
The End, which remained a pilgrimage spot for clubbers until it closed in 2009, is part of a seven-building strong estate bought by investor group Triangle for £15.8 million.
The deal, which includes properties on New Oxford Street, West Central Street and Museum Street, follows Triangle’s £212.5 million acquisition of the neighbouring Holborn Links Estate last year.
Property agent Michael Elliott was hired by property firm Marcol to sell the New Oxford Street Estate in January.
Investors are being drawn to the area by the redevelopment of the nearby Tottenham Court Road station to incorporate the Crossrail link.
Triangle Group partner and director of asset management, Tunc Guven said: “Historically, the area has suffered from a lack of investment but the enormous regeneration is continuing to attract commercial tenants, particularly in the design, advertising, marketing and IT sectors, as well as retailers who are also anticipating increased footfall as Crossrail completes in 2018.”