The widening of the GPDO to allow the Permitted Development (PD) of B1 offices to C3 residential has proven a controversial subject, particularly with Local Authorities.
There have been some undoubtedly positive consequences though, with diminishing supply creating a renewed demand for office accommodation across the South East.
Office rents in Bromley town centre have almost doubled over the last 24 months, and demand is unprecedented, leading to a number of notable lettings. In this region, we've recently let Huntingdon House on Masons Hill to the London Probation Service. We achieved £22.75/sqft across 7,050 sqft.
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