RX London advised on the sale of 95 New Cavendish Street in Fitzrovia on behalf of Abrdn.

The property was sold to LBS Properties and BauMount Real Estate Capital for £20.5m.

The building offers over 20,000 sq. ft of office accommodation arranged over lower ground, ground and four upper floors.

The property is let to Gleeds paying a rent of £1,000,000 pa (£48.36 per sq. ft) until December 2023.