Eastdil Secured has been appointed by the fixed charge receivers of 51 Eastcheap to bring the property located in the heart of the City of London to market.
Steve Absolom and David Pike were appointed joint fixed charge receivers of 51 Eastcheap on 26 March 2024.
Located in the heart of the City of London, 51 Eastcheap is a contemporary development spanning 89,459 sq ft / 8,311 sq m, arranged over basement, ground and eight upper floors. Originally constructed in the 1980s, the building underwent a comprehensive ‘back to frame’ refurbishment in 2019 so as to provide serviced office accommodation. It is currently 100% let to WeWork.
Steve Absolom, joint fixed charge receiver and Head of Real Estate at Interpath Advisory, said: “Following our appointment as fixed charge receivers last month, we have already seen significant interest in this property, reflecting the groundswell of appetite in the market for quality office accommodation.
“Working alongside the team at Eastdil Secured, we expect a formal marketing process to commence in the coming days.”