A site fronting onto the fashionable Kings Road in Chelsea.The proposed development is in 3 parts: Blocks A, B and C.
The site was purchased by our clients in 2007. Between then and our appointment beginning of 2012, various schemes proposed by other architectural practices had been rejected by planning committees.
Eventually, planning was granted for block C – 3 units overlooking the King’s Road, retaining the period post office facade, new build at the back. The remaining 2 blocks, consisting of a further 19 units, are at pre-application stage. The client has instructed us to proceed with demolition works and construction.
Re-sale values £65million-£70million at £2,500/sqft-£3,000/sqft Contract value in region of £12,000,000.