Private investor Eatos Group Real Estate has acquired Finsbury House at 23 Finsbury Circus in the City of London from charity the City Bridge Foundation for £9.5m.
The building is vacant and has been stripped back to shell and core ahead of refurbishment
Eatos has secured a pre-let to a flex office operator that will occupy the space from early 2027, following a refurbishment of the vacant, 39,607 sq ft property.
The 1890s building has already been stripped back to shell and core, with full planning consent to create 27,000 sq ft of new, best-in-class workspace and a new roof terrace.
Eatos, which has acquired the property on a 155-year lease, has a track record of upgrading well-located grade-B buildings into high-quality, grade-A offices.
The corner office building, which has been redesigned by GPAD Architects, sits at the entrance to the newly landscaped Finsbury Circus, near the Elizabeth Line entrance to Liverpool Street station.
Avison Young acted for City Bridge Foundation and Colliers advised Eatos Group Real Estate.
Dominic Amey, principal, London investment at Avison Young, said: “Finsbury House stands out as a genuinely rare opportunity in the City: a landmark location with the flexibility to deliver something exceptional.
“We’re pleased to have helped bring the right buyer together with City Bridges Foundation and to see the building move into its next phase.
“This deal really shows that well-located, well-consented assets still attract serious attention. Finsbury House is exactly the kind of project investors want to lean into and we’re looking forward to seeing how Eatos Group Real Estate brings it forward.”
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