Oxford Street development sells penthouse floor for £21.4m

A London developer and a separate estate agency have sold the entire penthouse floor at TCRW SOHO for £21.4m.

The TCRW SOHO is a development by Galliard Homes and estate agent Merchants Row introduced the buyer who purchased the penthouses.

It is understood that the buyer intends to combine the purchased units to create either one or two large penthouses. If combined into a single residence, it would provide almost 7,220 sq ft of living space complete with over 1,000 sq ft of private wrap around terraces.

Designed by architectural practice Hawkins\Brown, with specification and interior design by Argent Design, TCRW SOHO is scheduled for build completion in Q1 2023 and will comprise two new apartment buildings.

One is Art Deco in style providing 69 apartments and a 7,989 sq ft Oxford Street retail unit; the other Georgian-inspired in style, providing 23 apartments and 1,950 sq ft of new retail accommodation and kiosks.

David Galman, sales director at Galliard Homes says: “This landmark penthouse deal, the biggest sale on Oxford Street during 2021, underlines how Soho and Oxford Street are becoming one of Prime Central London’s most sought after residential addresses.

“Pedestrianisation, Crossrail and Electric vehicles are the three ‘game changers’ which will make the West End a cleaner, much less congested and quieter place to live.”

Waleed Mohammed, founder & director of Merchants Row says: “Merchants Row are delighted to have introduced the buyer for this major penthouse deal at TCRW SOHO.

“Our client liked the Prime Central London location of TCRW SOHO and was drawn to the development by the unique opportunity to buy off-plan and reconfigure the units into a bespoke residence or residences.

“The high quality of this flagship Galliard development and the specification by Argent Design make this one of the best residential opportunities in the West End.”

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