A residential led mixed use regeneration project with a GDV of c.£120m funded by Matrix Investors LP. It comprises a redevelopment of a formal MOD Royal Naval Headquarters site extending to 28 acres.
Since 2012, over 400 new homes have been completed providing a mix of houses and apartments on a phased basis situated in mature landscaped grounds.
Implementing an asset management strategy adopting a flexible approach to leasing, combined with appropriate capital expenditure to manage and complete a refurbishment to office suites to secure new tenants and increase net operating income prior to full redevelopment of this Grade II listed building.
The purchase at action of a dilapidated farmhouse and courtyard comprising 6 stone barns in need of complete refurbishment, together with additional land formerly in agricultural use in an Area of Outstanding Natural Beauty.
Following an extensive consultation with the local community and local planning authority, planning consent was granted for the construction of four new build detached houses which were completed in November 2024.
A planning and listed building consent was obtained for the change of use to residential of this former Grade II listed building. Situated within a Conservation Area, the building had been unoccupied for a number of years and was sympathetically restored and refurbished to provide 12 apartments and associated parking.
Planning consent was obtained for two retail units, one being a convenience store, on the ground floor of a multi-storey residential building, The smaller unit has been let to an independent wellness studio and the convenience store to Tesco Express. The long leasehold of the Tesco Express was subsequently sold to a UK investor.