A rare opportunity to acquire a well located office investment with huge potential and optionality just metres from King Street in the heart of Hammersmith, and only a 6 minute walk to both Hammersmith Broadway Underground Station & Ravenscourt Park Underground station. The property comprises seven individual buildings, constructed around a private courtyard and extends to 21,000 sq ft NIA. Part-let on low rents, the investment offered significant opportunities for added value and alternative use.
Working with Danescroft Land as joint venture partner we secured planning consent under permitted development rights to create 53 studio, 1 bedroom and 2 bedroom apartments. We managed the existing tenancies to line up vacant possession and began construction in 2017.
We have pre-sold all 53 apartments to a single overseas Investor and are due to complete construction in April 2019.