by ciprops | Dec 22, 2015 |
Hampstead High Street, London NW3: This property was purchased in 2014 with a Lease to Nat West coming to an end and with upper parts occupied as offices. A new lease was negotiated with Nat West and the upper parts were surrendered by the office occupiers. The upper parts did have the benefit of a Change of Use from B1 to residential but this was all and a new planning application was submitted to re-organise the upper parts to have a viable residential scheme and to also remove the very ugly 1970’s external staircase which ran the full height of the building. Planning Consent was granted at the end of 2014 and work began to convert the upper parts in January 2015, to create 5 new apartments (one per floor) with stunning skyline views across London. The works were completed at the end of...
by ciprops | Dec 22, 2015 |
Waverton Street: Together with joint venture partners, this property, which previously traded as The Red Lion Public House, was purchased in February 2009. In line with our current strategy to selectively make acquisitions, this was a purchase we made on an unconditional basis, with a view to submitting a planning application to convert the property to residential use. Accordingly a Planning Application was submitted and subsequently obtained, to retain the façade and demolish the reminder of the property to create a single house, measuring just under 9,000 sq ft net. Work commenced on site in July 2010 and was finished in July 2013. The house was finished to the highest specification and was sold fully furnished. Features included two roof terraces, five bedrooms with the master suite occupying the entire first floor, cinema, gym and swimming pool. The house was sold in...
