Case Studies

Grosvenor Gardens House

  • Prime Central London Grade II listed office building sold out of administration.
  • The property comprises circa 115,000 square feet (GIA) located on a freehold island site of circa 0.6 acres.
  • Planning permission granted and implemented for the extension and conversion of the property into 42 private residential apartments above 9 retail units with underground car parking, spa and leisure amenities.
  • Attractive acquisition basis – The property was acquired at a price equating to less than £600 per sq. ft. of proposed GIA and less than £900 per sq. ft. of proposed NIA.
  • Significant value creation opportunity – The completed units will sell for a price in excess of £2500 per sq. ft. of proposed NIA.
Address
23-47 Grosvenor Gardens, Belgravia, London SW1
Country
UK

Project gallery

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