Another PDR Deal Completed!

Another PDR Deal Completed!

Since the introduction of Permitted Development Rights (PDR) allowing the change of use offices to residential, Kingsbury have become established as market leaders in the acquisition, sale and management of sale of PD schemes, having already completed sales for in excess of 1,000 units.

One of our latest projects is the sale of Integris House in Sunbury-on-Thames; a 45,150sq.ft. office which benefits from PDR for 54 units.

Following several unsuccessful attempted sales, the owners, a private property company, instructed Kingsbury’s PDR team to manage the sale, where contracts were exchanged well in excess of the £5M guide price just 24 hours after the first viewing!

If you own an office premises which could benefit from PDR anywhere in England, please contact Paul Heale on 020 7183 2529 or for initial advice.

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