Property Acquisition

Marldon acquires properties and sites for development that need significant refurbishment or new construction. The company has its heart in the business of building and so typically, projects are acquired vacant, with or without planning permission, in order to create new properties from the foundation work all the way through to interior design of the finished space.

Prices for properties of interest to Marldon tend to be in the sub-£5m range, with proposed development costs of £2m-£8m.

Charlie Markes is the Marldon partner with responsibility for acquisition and through his broad base of contacts procures opportunities which may be ‘off market’, solely in central London.

Acquisitions include:
Leathermarket Street SE1 — purchased without planning, conversion and extension to apartments and offices.
Hatton Garden EC1 — offices redevelopment
Bowling Green Lane EC1 — former car park over disused burial ground, new build mixed use offices and residential apartments.

Turnmill Street EC1 — new build mixed use offices, apartments and apart-hotel.
Suffolk Lane EC4 — purchased without planning, conversion of listed Georgian office building to apart-hotel
Star Yard WC2 — purchased without planning, conversion of warehouse to family house.
Kennington Lane SE11 — conversion of former nunnery to residential apartments
Prescot Street E1 — purchased without planning, demolition of office building for new build scheme of offices and apart-hotel
Mansell Street E1 – purchased without planning, demolition of office building for new build scheme of offices and apart-hotel
Pelham Road SW19 – purchased with planning permission, demolition of former care home, construction of six new terraced family houses.

Marldon is always interested to hear about development opportunities whether it be residential, commercial offices or apart-hotel — please contact Charlie at cpmarkes@marldon.net