Page Street, Victoria

EPF identified the potential to unlock value from this prominent freehold block in the heart of London’s prestigious Victoria.

Surrounded by major office occupiers - including Burberry's worldwide HQ and major Governmental departments - and affluent residential occupiers, the vacant commercial unit offered a unique opportunity for leisure and retail operators seeking presence in this popular central London location.

EPF set about letting the vacant unit, sourcing the most vibrant, effective operators and agreeing a letting to one of the most sought after international operations for it's UK debut. The tenant, Jacu , gained almost instant national fame for its impressive style and offer, which includes "The Uk's most expensive cup of Coffee"- a £30 Jacu coffee brewed from the excrement of a rare South American bird: http://www.epfgroup.com/news/54/26/uk-s-most-expensive-coffee-lands-at-epf-s-westminster-landmark

Through ownership of the freehold, EPF retained all longer term asset management potential. 

Investment Rationale and Asset Management

• Acquisition of undervalued freehold and leisure space in prime central London location.

• Purchase price reflecting vacant-value, with immediate potential to increase value.

• Letting to highly-sought-after, renowned international operator.