Levy Real Estate has advised on the £43.02m purchase of a prime residential development opportunity at 37-38 Golden Square in London’s Soho.

The property was bought from CBRE Global Investors and comprises a mixed-use office, retail and restaurant building totalling 28,152 sq ft arranged over lower ground, ground, and seven upper floors including the reception area.

There is an existing planning consent to convert the upper floors to 22 apartments with an additional 6,000 sq ft of floor space. The consent also includes the ability to reconfigure the ground floor retail units.