10–11 Great Newport Street, London, WC2.

Aviva Investors UK Real Estate Recovery Fund c/o Aviva Investors, advised by Strutt & Parker has purchased the freehold of 10-11 Great Newport Street, London, WC2 for £10.25m reflecting a 6.37% net initial yield and a low capital value of £529 per sq ft.

Ideally situated in the heart of the West End's cultural and entertainment district, the building comprises 7 floors of office and retail space. The basement and ground comprise a retail unit, whilst the five upper floors are offices. Additionally the building hosts a central courtyard and roof terrace.

The property is currently let in its entirety to Euro RSCG London Limited, who acquired the lease on 25th December 1986, which expires on 24 December 2011.

The vendor was BMW UK Trustees c/o Legal and General Property Limited, who were advised by Knight Frank and King Sturge.