Lock Warehouse, Gloucester Docks
We acquired the Lock Warehouse, a Grade II listed former grain warehouse, in September 2006. Following acquisition, in early 2008 we obtained planning permission for conversion and modernisation of the building to contain 26 apartments with retail/commercial space on the ground floor. Due to the global financial crisis, development was then put on hold until development finance was available to re-start the project in 2011.
Works commenced on site in November 2011 and were substantially complete by March 2013. The conversion won a Civic award for the quality of the restoration and alteration undertaken and the Lock Penthouse achieved the highest price for any apartment sold in the Docks.
The completed properties were mostly sold shortly after completion of works on site, although we retained a few properties within our investment portfolio.
167-169a Dawes Road, Fulham, London
We acquired this former commercial premises, with planning permission for conversion to residential use, in February 2008. Revised planning permission was obtained for conversion to three 2 bedroom flats in October 2008 and works commenced on site in March 2009 with the finished properties sold shortly after completion.
The Old Bakery, Bream, Gloucestershire
This site was acquired in October 2004 and it consisted of two stone cottages requiring refurbishment, a disused bakery and land plus a house on adjoining land. The two cottages were refurbished and sold during 2005. Works then commenced on the construction of three 3 bed houses in April 2007 and were completed in January 2008. The conversion of the Bakery into seven 2 bed flats commenced in Feb 2008 and was completed by December 2008. As part of this project, we also refurbished a further 2 bed cottage adjoining the development site.
27-29 Market St, Cinderford
This site was purchased in early 2003 and held as an investment while securing planning permission for its development. The project consisted of the redevelopment of two buildings originally containing six flats and two shops into eleven flats and one shop, along with the construction of four houses on land to the rear of the site.
Works consisted of the demolition of the majority of the above-ground elements of 29 Market St. The property was then rebuilt, using the remaining structural elements, into five flats and a shop. This enabled access to the land at the rear where the four houses were constructed. 27 Market St was then refurbished and converted into six flats. The project was completed in three phases, starting in May 2006 and finishing in July 2008.
Lords Gate, Coleford
This development involved the construction of 11 new detached and semi detached houses on Greenfield site in Coleford. Gloucestershire. The site was developed in three phases commencing in early 2004 and was completed by March 2006.