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Great Suffolk Street developers double their money in a year
Proof of the strength of the commercial property market in SE1 - if any were needed - is provided by the sale of a 0.7 acre site in Great Suffolk Street.
Londonewcastle bought the site on the corner of Great Suffolk Street and Lavington Street last year for £9.3 million.
Last month it sold the land on to student accommodation developer Unite Group for £19.4 million.
The site is currently used as a car park.
Archaeological excavations last year found a previously unknown 17th-century delftware kiln.
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