For sale sign hoisted over homes development site in Fulham

A for-sale sign has been hoisted over a large redevelopment opportunity in Fulham, as new residential projects continue to look attractive to investors.

Hurlingham Retail Park, which has 146 metres of uninterrupted River Thames frontage, has been put up for sale by investor Royal London Asset Management and property firm Londonewcastle.

Planning permission is in place there for a approximately £300 million 4-12 storey mixed-use development development, comprising 269 flats, of which 45 would be affordable, and over 32,000 square feet of commercial space which could include shops and restaurants

There would also be a business lounge and landscaped gardens at the 3.2 acre site. Property agent CBRE is handling the sale of the site which is vacant.

Adam Cradick, executive director of residential land at CBRE said: “This is one of the last remaining riverside regeneration sites in this prime part of London, and one of only a few prime consented residential development opportunities to come to market in London in recent times.”

Last week part of Kew Retail Park was sold to a housebuilder in a £41 million deal.

A number of firms have recently committed to home building projects in the capital, in a vote of confidence that demand will continue to be strong post-pandemic.