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Old Park Lane block on offer

A Saudi-based investor has put a £70m property on Old Park Lane, W1, up for sale as a rare refurbishment opportunity of scale on the famous thoroughfare.

Cushman & Wakefield has been appointed by Meridan Properties to market the 46,372 sq ft, nine-story period office block at 7 Old Park Lane for around £70m.

The asset, located between Green Park and Hyde Park, near Hyde Park Corner, is multi-let to such firms as including Albermarle Asset Management, Caledon Capital Partners and Onyx Financial Advisers.

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