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Great Suffolk Street developers double their money in a year

London SE1 website team

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.

Great Suffolk Street developers double their money in a year

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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