St Pancras Commercial Centre has been purchased by clients of Westminster Real Estate for around GBP 30 million. The property is located on Pratt Street in the London Borough of Camden.
Built in the early 1980’s, the property comprises twelve light industrial units (totalling 29,138 sq ft) and arranged in two terraces. The property sits on a site in excess of 1.2 acre and is within a 10 minute walk of transport links at Camden Town. Kings Cross and St Pancras stations are within a mile of the site.
Cushman & Wakefield advised Westminster Real Estate. BNP Paribas advised CBRE Global Investors.
Sean Howes, International Partner at Cushman & Wakefield, said: “St Pancras Commercial Centre offers an excellent opportunity. King’s Cross is fast becoming one of the most innovative places to work, shop and live in London, with significant development taking place over the last couple of years, and is becoming an entrepreneurial hub for media and tech businesses.”
