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JAMES STREET

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Project Info

“…CoveBurgess performed well from the design stage through to delivery and I’d recommend the practice for similar commissions.”



Mark O’Mullane, Fund Manager, Lothbury Investment Management Limited

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Project Info
Challenge
Existing building is in Covent Garden Conservation Area, in use as office space.
The challenge was to maximise values and minimise time back to market.
Response
Change of use from offices to residential to maximise value.
Increase nett area by removing secondary staircase with fire engineered solution.
Made a single planning submission with no pre-app, to reduce time in planning.
Results
Gained a planning consent in 12 weeks, with no conditions.
Increased retail area by 135ft2 in the same overall footprint.
Apartments fully let on completion, generating annual income to the portfolio of £210K.
Team
Client: Lothbury Investment Management
Structure: Walsh
M&E: Scotch Partners
QS: Gleeds
Agents: CBRE
Fire: Fire Surgery
Contractor: Virtus
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