As planning has evolved over the last 5 years or so, so have our activities in the development sector of the market. Historically, entirely residential projects formed the majority of our workload, but increasingly our efforts involve mixed-use and commercial schemes. Having concluded large, mixed-use projects involving residential, hotel and commercial elements in Bromley, Sidcup and Bexleyheath over the last 12 months, we have recently acquired a similar site in East Grinstead on behalf of a private client. The former car dealership is located in the heart of the town centre, and had been marketed by a national agent for several years with only abortive sales resulting.
Our attention was drawn to the site by a major commercial operator with an interest in ultimately occupying part of a new development, and we moved quickly to introduceour client to the sellers, Caffyns, and their agents. An entirely unconditional sale was agreed and contracts exchanged in just 5 days! Although the site benefits from a historic consent for a large retail unit and 28 flats, our client proposes a landmark, entirely commercial scheme.
