The Acorn Group is London’s largest multi-brand estate agency. We offer our clients the best brands, with the best people, in the best locations.

 

Close

Black Eagle Close, Westerham, TN16 Ref: 32181

We managed the sale of this modern office building in the centre of Westerham on behalf of a private investment company.

The tenants had expressed an interest in surrendering their lease early, and our clients were able to secure Permitted Development Rights to convert the building into 6 apartments. With parking provided undercroft, the rear car park was then surplus to requirements, and a planning application made for the construction of two houses.

We conducted an open marketing campaign which, as is usually the case with consented development sites, generated considerable interest. Terms were promptly agreed to a local developer previously unknown to us, and the matter completed in a timely fashion during the final quarter of 2022.

Our clients were delighted with the result having started from a position whereby they faced losing a longstanding tenant, they ultimately sold the property for a premium that the office investment would never likely have generated.

PROJECT ADDRESS: Falcon House, Black Eagle Close, Westerham, Kent TN16 1SE

Top