Our Office Advisory team has successfully advised a UK institution on the sale of Chalfont House.
Chalfont House is a 23,090 sq ft vacant office building in Denham, which successfully traded 15% ahead of the asking price for £3,500,000. Set on a 1.35-acre site, the property attracted strong interest due to its prime location, good transport links, and redevelopment potential.
The property is located in the sought-after village of Denham, offering excellent transport links. It sits just 0.5 miles from the M40 and 1 mile from the M25, with direct train services to London from Denham Railway Station and further connections via the Metropolitan and Piccadilly lines at Uxbridge.
The site benefits from prior approval for conversion into 41 residential units under Permitted Development Rights. It was initially marketed for lease, but high demand for the freehold led to a full marketing campaign that resulted in 17 first round bids and a final sale well above the £3,000,000 guide price.
Jay Moore, Director at Lambert Smith Hampton, commented: “Fantastic way to kick off the year being part of the sale of Chalfont House. Achieving well above the £3,000,000 guide price after creating a competitive sales process highlighting the strength of the Permitted Development (PD) market and the strong demand we’re seeing for well-located office buildings with residential potential on London’s outskirts.”
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