Global commercial real estate advisor Avison Young has successfully advised on the sale of Finsbury House at 23 Finsbury Circus on behalf of the City Bridge Foundation charity. The building sold for £9.5m to Eatos Group Real Estate on a 155-year lease.

The 39,607 sq ft property, which is vacant and has been stripped back to shell and core, has full planning consent for future refurbishment, including the addition of a new roof terrace, offering a rare opportunity to deliver approximately 27,000 sq ft of best-in-class office space in the heart of the City.

Ahead of works commencing, Eatos Group has secured a pre-let to a flex office operator who will take occupation in early 2027 following completion of the refurbishment. The letting reflects continued demand for best-in-class flexible workspace in core City locations.

This acquisition demonstrates Eatos Group’s continued focus on value creation through active asset management, transforming well-located Grade B buildings into institutional-quality Grade A offices in prime Central London locations.

Originally constructed in the 1890s, the prominent corner site, which was redesigned by GPAD Architects, is located at the entrance to the newly landscaped Finsbury Circus, within 50 metres of the Liverpool Street Elizabeth Line entrance.

Finsbury House is well placed to meet the evolving demands of City occupiers seeking high-quality space in a prime location, and presents the chance to reimagine a heritage asset, balancing history and character with contemporary workplace design.

Avison Young acted for City Bridge Foundation and Colliers advised Eatos Group Real Estate on the acquisition.

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 transaction 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.”