Forge Acquires Prime Marylebone Asset

Forge are pleased to have acquired 5 Paddington Street, Marylebone, on behalf of a private family, following a competitive on-market process.

The property is situated in a prime Central London location, occupying a prominent position on Paddington Street, just a few feet from Marylebone High Street.

The micro location continues to strengthen, supported by recent high-quality openings nearby, including the Michelin-star mediterranean restaurant Lita.

The building comprises five storeys of attractive, mixed-use accommodation, totalling 3,431 sq ft, with commercial space at ground and basement level and residential accommodation on the three upper floors.

Joe Baio commented:

“We are delighted to have secured this rare freehold investment in Marylebone following a highly competitive bidding process. The property’s mixed-use profile and well-established income stream aligned precisely with the objectives of our long-standing private client, making this a particularly satisfying acquisition to deliver. This transaction caps a notably active year for Forge in the Central London market, reflecting a breadth of activity across our investment, agency and lease advisory teams.”

For further information on this transaction, or to discuss Forge’s upcoming sales and investment opportunities, please contact Joe Baio or Jonathan Mills.