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The Independent UK

Business

Henry Saker-Clark

Boohoo sells London office for £49.5m to pay off debts

Boohoo London Mike Ashley Mike Lennon United Kingdom Soho Frasers Frasers Group

Boohoo bought the building in Soho three years ago for £72 million (Ian West/PA) - (PA Wire)

Boohoo has sold off its London head office for £49.5 million to help pay down its debts.

The online fashion firm told shareholders on Monday it has sold the site, on Great Pulteney Street in Soho, to property fund Global Holdings UK.

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