Citrus Holdings - Peel House
Peel House, West London
This mixed-use building is situated on a busy high street location in West London, containing both commercial and retail elements with street frontage and parking for 14 vehicles to the rear of the property.
The property has two current consents associated with it:
1) Consent for a conversion of the existing building into 12 flats with no affordable housing requirement.
2) Consent for a new medical centre of 1,783m2 gross external which utilises the majority of the existing building allied to new build development.
Given the significant increase in building mass allowed under the medical centre consent, a far denser residential scheme than the current consented 12 units is feasible.
The building location is highly accessible being close to the target roundabout, Northolt tube station and numerous bus routes and as such is suitable for alternative uses. These include hotel and hostel use as well as offices.
With the consent for the medical centre allowing for a substantial increase in the built form on the site, there exists the opportunity to obtain planning consent for an enhanced residential scheme over and above the existing 12 flat consent. This may allow for up to 24 units.
Please Click Here to Find Details Regarding Planning Application for Peel House (submitted September 2009)
PROPERTY PART-EXCHANGE THROUGH CITRUS
Citrus now offers the provision of property part-exchange to house builders. We have been particularly active in the retirement market and have facilitated and enabled a number of individuals moving from their existing properties into new retirement homes through the process of part-exchange.
CITRUS TEAMS UP WITH APOLLO TO LAND £100M PORTFOLIO
Citrus Group, the specialist property development and investment group, has completed the freehold acquisition of 15 Care Homes in Northern England for £95.5 million through a joint venture with Apollo Real Estate, the international real estate fund manager.
CHELTENHAM
Detailed planning consent has been obtained for a 78 Bed Care home in Cheltenham.
