Commercial Development, London

Project Overview

This was a rare opportunity to acquire a landmark mixed-use building in a highly sought-after commuter town. The property occupies a highly prominent 1.4-acre corner site directly opposite the local railway station, providing direct access into Central London within 20 minutes.

Project Details

The existing building comprises 59,724 sq ft (NIA) over 8 storeys within the tower block and an adjoining 3-level podium. Across the ground floor level, there are 7,514 sq ft of retail accommodation with a prime frontage onto the main road. Multi-let to 6 tenants, with VP of the offices attainable by December 2024 (or earlier, subject to negotiation with the vendor), and a WAULT of 6.5 years on the retail element. Opportunity to realise a substantial increase in massing, with feasibility studies supporting a scheme of 143,309 sq ft GIA, subject to planning.