This property was purchased in 2006 as a long-term investment and development opportunity.
The property comprises of an existing building with commercial office units split over three storeys, all of which are fully tenanted. There's a further disused 9 meter tall basement with a total floor area of 23,300 sq ft of commercial office space.
Currently let as office space, the building has a rich heritage including being used by a London power company to generate electricity and potentially by the MoD for production of munitions during WW2. We have various planning schemes in place to improve the internal building, bringing the quality of the offering up in standard whilst making it a more user friendly and sustainable development. The latest approved planning proposal was designed by Stanton Williams, it sought to increase the building volume to generate more useable space whilst creating a building of quality and merit to the area. The scheme adds an additional two storeys and revitalises a cavernous double height basement space enabling a creative and culturally rich space to be brought back to life in Covent Garden. We have a high quality design team on board for the design development of the proposal which is led by the Architects Buckley Gray Yeoman. We are targeting works starting on the property at the end of 2019.
2000-5000 sq ft Residential > 10000 sq ft Commercial