Argyll expands with Midtown London acquisition

London premium serviced offices provider Argyll has acquired 33 Chancery Lane, a 2,137 m² historic property in Midtown.

33 Chancery Lane

This marks Argyll's first acquisition since being acquired by Crosstree Real Estate Partners, reflecting the increasing demand for high-quality flexible office spaces in prime London areas.
The six-floor building will undergo a major refurbishment to create modern, discreet, unbranded workspaces for small teams. The new design will include private offices, breakout areas, wellness rooms, AV-equipped phone booths, a large open-plan lounge, ample bike storage, and an outdoor terrace for events and collaboration, catering to contemporary business needs.
With Crosstree's investment, Argyll plans to acquire more properties that fit its design-led, premium brand while also upgrading its existing portfolio with improved amenities, design, and sustainability features.
John Drover, CEO of Argyll, commented: “33 Chancery Lane is an ideal addition to Argyll’s portfolio of beautiful buildings across London. Positioned just moments from our property at Central Court, 25 Southampton Buildings, the building will offer small working groups even more choice of high-quality, flexible workspace in the highly desirable Holborn area.”
Philip Symonds, investment director at Argyll, stated: “This acquisition marks the next phase of growth for Argyll. We are looking to capitalise on high occupancy levels and sustained demand for high-quality, design-led flexible offices as we actively seek new opportunities in prime central London locations.”
Sean Arnold, founding partner at Crosstree Real Estate Partners, added: “Following the successful closing of the acquisition of Argyll in May, we are excited to be adding to the company’s owned portfolio for the first time in nearly 20 years.  We look forward to working closely with management on the identification and refurbishment of additional suitable buildings across Central London.”