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Town Centre Securities continues its north London acquisition streak

Property investment firm Town Centre Securities has announced another north London acquisition with the £1.25m purchase of 9 Cheapside in Wood Green.

The purchase is the fourth north London acquisition by the Leeds-based property investment company following its acquisition of 10-13 Cheapside last year.

It means the firm now owns four retail units with supplementary apartments in the Wood Green parade, and has already had planning permission approved to convert the upper two floors of Number 9 into residential accommodation.

The news follows last week’s confirmation that luxury watch specialist Titan Black will be relocating its global headquarters to the Town Centre Securities-owned 6 Duke Street, London.

Edward Ziff, Chairman and Chief Executive of Town Centre Securities PLC, said: “Since opening our London office, we have been actively monitoring investment opportunities in the London market. The Wood Green retail and residential parade presented an opportunity to add value to well-located properties in a popular area of London.”

The investment firm is looking to further expand its London operations following the £400k renovation last year of its base in the capital at Duke Street.