E&A Securities acquired the virtual freehold interest of commercial ground and lower ground premises of an existing mixed use development along with small outside area. The commercial premises fell under a defunct A2 use class (financial services) and was an unwanted element by the developer who was purely focused on the residential element and had little interest or experience in commercial projects.
E&A Securities successfully achieved planning permission from Westminster City Council for a change of use to B1 (office), then subsequently undertook a high quality comprehensive refurbishment of the space which extends to approximately 7,500 square feet.
Upon completion, the property was marketed and a long term deal agreed as the new Head Office for the Belgravia Centre. E&A Securities then returned to Westminster Council in order to vary our planning consent to achieve a dual B1/D1 permission which subsequently allowed the Belgravia Centre to operate with the use class flexibility they required.