Aberdeen Asset Management has sold the Chorus building in Wimbledon to M&G Real Estate. The quoting price was £30 million.
The mixed-use property comprises 47,250 sq ft of office and retail space, as well as 86 residential apartments.
The office space is currently let to the NHS, which has seven years left on its lease and a break clause in 2019. The retail unit is let to Sainsbury’s.
Chorus is located in Wimbledon town centre, less than a mile away from the train station. It was developed by Durkan Estates and completed in 2009.
At the time, it was the only new-build development in Wimbledon, which for a number of years had a chronic undersupply of grade-A office space.
Hanover Green advised Aberdeen on the sale.