Town Centre Securities has bought a new London headquarters at 45 Weymouth Street, W1.

The move follows the sale of TCS’s previous Duke Street base in 2021 and is a part of the company’s ongoing portfolio diversification strategy and long-term capital growth plans.

The recently refurbished 4,760 sq ft Grade II listed building comprises residential space on the third floor, with office space on the lower ground, ground, first and second floors. It sits in the heart of London’s medical district, alongside Harley Street clinics and Princess Grace and Kind Edward VII hospitals.

Rob Thompson, asset manager at TCS, said:

“The investment aligns with our core acquisitions and investment strategy where long-term value can be added.”

Clifton acted on behalf of TCS in the acquisition.