New Cross Regeneration Scheme
Our pro-active approach to site acquisition is highly regarded by our clients, particularly when sourcing and securing off-market deals in often a very competitive environment.
This was demonstrated by our recent acquisition of this key regeneration site on New Cross Road for our clients, JMH Group.
After a long battle with Lewisham Council, planning permission was won at Appeal for a new development of 44 apartments with ground floor commercial space. Shortly after this was announced we contacted the owners and despite a host of other interest, we were able to conclude an unconditional purchase in less than 7 days.
Our involvement in the project continues where we will be responsible for securing tenants for the commercial element, and managing the marketing and sale of the apartments.
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- Sold for £4,750,000
- 483-485 New Cross Road London SE14
- Off market acquisition
- 44 apartments plus retail space
- Expected GDV in excess of £16m
- Key regeneration site in South-East London
The guys at Kingsbury have secured us another fantastic site and play an important role in the continued growth of our business”