Hatton Garden heist: Raided deposit box store up for sale

The property targeted in the sensational Hatton Garden heist earlier this year has been put up for sale.

About £10 million in jewellery, plus cash and other valuables were snatched in the raid on 88-90 Hatton Garden in April.

Thieves managed to get to the safety deposit box store via a lift shaft and then drilled a 20in deep, 10in high and 18in wide hole in the vault wall.

The property has since been secured and agent Hoffman Partners has been hired to find buyers for the 1,293 square feet shop.

The decision to sell up comes just two months after Harold Sorsky and Stella Davis of Streets SPW were appointed joint liquidators of the owner, Hatton Garden Safe Deposit Ltd.

Owned by Sudanese father and son Mahendra and Manish Bavishi, Hatton Garden Safe Deposit shut down after trade slowed in the wake of the high-profile theft.

Davis confirmed that SPW had appointed Hoffman Partners to help with the sale of the leasehold, which includes more than 1,000 safe deposit boxes held inside a vault.

“It is the duty of a liquidator to achieve maximised realisations from the sale of any assets of the company for the benefit of creditors in liquidation,” Davis said.

She would not comment on how much is owed to creditors, but added: “The assets of the company consist of a long leasehold at a low rent. It is the intention of the liquidators to assign the lease to an interested party for value.”

Offers over £200,000 will be sought for the leasehold, which expires in December 2033.