BC Partners and Seaforth Land Bring The Wingate in Soho to Market for £79m+

• The Wingate, 93-107 Shaftesbury Avenue, Soho, is on the market with a guide understood to be above £79m, reflecting a 6.5% net initial yield. JLL and RX are understood to be acting for the owners, BC Partners Real Estate and Seaforth Land
• The building offers 73,522 sq ft of mixed-use space across office, retail, leisure and medical uses. Comprehensively refurbished in 2022

BC Partners Real Estate and Seaforth Land have formally brought The Wingate in Soho to market, seeking offers in excess of £79 million. The 73,522 sq ft mixed-use building, situated at 93–107 Shaftesbury Avenue, offers a diverse income stream across office, retail, leisure, and medical uses. BC Partners and Seaforth Land originally acquired the mid-century asset (formerly known as Wingate House) in late 2019 before executing a comprehensive design-led refurbishment completed in 2022. Joint advisory firms JLL and RX London have been retained to handle the sale process. At the targeted £79 million-plus guide price, the proposed transaction reflects a net initial yield of 6.5%. Underpinned by a WAULT of 7.2 years to expiry and 6.1 years to break, the asset provides a high-yielding, defensive income profile rarely available in the West End core.