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IV Real Estate purchase Argo Studios, Kilburn

11 August, 2017

IV real estate founded by Liam Coughlan and Alex Jordan have purchased Argo Studios, 180 Kilburn Park Road from Jacob Loftus of General Projects for £7.3m.

The 13,100 sq ft vacant studio space is located in the heart of the Kilburn Quarter regeneration and is conveniently located within a few minutes’ walk of over and underground stations at Maida Vale, Kilburn Park and Queens Park, providing quick and easy access across London.

Kilburn Quarter regeneration will see an additional 2000 homes, shops and restaurants built as part of a scheme that restores traditional Victorian Street patterns and frontage.

The area will become known for its vibrant mix of amenities and fast transport links.

The expansive studio office space offers 3m high ceilings with full height glazing and exposed air conditioning services offering both a great working environment and low running costs as a result its BREEAM excellent rating.

Alex Jordan of IV Real Estate “We were attracted to the building as in our view there are very few locations left in London where you can lease competitively priced, new Grade A offices for under £40 per sq ft in zone 2.

There is a greater demand on tenants to have attractive accommodation that has excellent transport links in order to retain staff. We look forward to securing a tenant and creating a long-term future investment”.

IV Real Estate focuses on purchasing commercial buildings across London that can be repositioned and refurbished in areas that are well connected and are attractive in both rental profile and amenities for occupiers.

This purchase is part of a strategy for a £30m value add fund across non-core London.

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