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

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.

It comes three years after Boohoo bought the office building for £72 million.

But the company put the site up for sale this summer after a downturn in sales and growing losses.

Boohoo said the move to........

© Shropshire Star