Call Ediston Real Estate on:0131 225 5599

4-6 Copthall Avenue, London EC2

4 Copthall Avenue London4-6 Copthall Avenue is a newly refurbished property offering small Grade A office floor plates in a core City location, just north of The Bank of England, a short walk from Liverpool Street and Bank stations.

The property is located in a quiet central City street which has seen some significant improvement in recent years with the development of an Apex hotel, several office refurbishments and the development of the 290,650 sq. ft. Drapers Gardens, home of Blackrock Investment Management, which is immediately adjacent.


Ediston’s Opportunity Partnership (with Europa) acquired the property for £4.6m
Refurbishment costs: £120 per sq. ft.
Sale price: £11.33m


  • Secured a beneficial dilapidations settlement at expiry from Lloyds bank at circa £40 per sq. ft.
  • Secured planning consent for an increase in floor area by removal of a fire escape and the conversion of the ground floor to retail.
  • Completed the extensive refurbishment on budget and within two weeks of the expected completion date in Q1 2013.
  • Completed a letting of the Ground floor to Costa Coffee on a 10 year lease.
  • Completed a letting of the fourth floor to Agility Trains West Ltd. above ERV.
  • Completed a letting of the first floor to Iron FX above ERV.
  • Completed lettings of the second, third and fifth floors to Mace Ltd. above ERV.
  • Sold the property to a private client of Knight Frank for £11.33m reflecting a net initial yield of 5% and delivering an IRR to the fund 38%. >

Further information

Call Ediston Real Estate on:

0131 225 5599

Testimonial Gallery

“Ediston’s intensive and entrepreneurial approach to Asset Management is helping to deliver good results and enhancing the returns for the Europa/Ediston Joint Venture assets.  We like their approach to the management of real estate projects.”
Rob Sim, Partner, Head of Northern Europe, Europa Capital LLP
"The Ediston team are very active across the whole of the UK and we have worked together on a number of good opportunities over the last 6 years and are delighted to have been involved in the successes they have achieved"
Stuart Heslop, Regional managing Director, Real Estate Finance, Royal Bank of Scotland
“Ediston is a valued client of Santander. We are delighted to be working with this highly experienced and dynamic team of professionals. The business has gone from strength to strength and consistently delivers strong results, operating to the highest of standards.   We look forward to working with Ediston towards its future success.”
Nick Peet, Divisional Head - Real Estate Finance, Santander Corporate Banking