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More Offices Sold for Residential Conversion

Christopher Thomas acted in the sale of St Leonards House, St Leonards Road, Windsor, some 5,500 sq.ft. , acquired by Oakford Homes last week. The three storey office has plenty of on site parking and is in a town centre location. Permitted Development has been granted for conversion to residential use which is likely to comprise 6 to 8 apartments.

The rate of conversion across the town is effecting the supply of offices which is at a low ebb, the result of which will be increased office rents. Loss of local business due to the displacement of office occupiers in the town may become a problem. In the meantime the residential market seems to be gaining more and more momentum.

For further information about the latest market dynamics and values contact Chris Thomas Tel 01753 839390 or email ct@chthomas.com