An office block in Sutton, Surrey London

posted by: Gavin Tokely in London

Approximate 27,000 sq.ft. It is fully let and producing an income of circa £250k per annum. Held in an offshore SPV. Client has just submitted a Permitted Planning application to Sutton. Council for conversion to residence. The building next door has secured planning and a development is now underway. Client has no intentions of exercising the development angle, and has applied to merely exercise their rights before the deadlines are imposed.

Price: £5.5 million GBP (would consider all genuine offers)