Steve Absolom and David Pike from Interpath Advisory were appointed fixed charge receivers over commercial property located at 51 Eastcheap, London, 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: “As occupiers continue their flight towards higher quality office space, both the fantastic location in the heart of the City and recent refurbishment mean we expect high interest in 51 Eastcheap.
“Over the coming weeks and months, we will be working closely with all stakeholders to ensure continuity in the operation and management of the property, while we assess options to bring it to market.”
