Approximate Total Project Value: £30m
Vendor: MOT Centre / Lewisham Council
Bluecroft purchased this site unconditionally with plans for a commercially led mixed use scheme. Using an upmarket architect, the plans will re-provide high quality commercial units to replace the existing run-down buildings with residential apartments above.
The site is located in an employment priority area, which with Bluecroft’s expertise we have been able to realise its full potential to meet the vendors’ expectations.
The acquisition also required complex negotiations with Lewisham Council in order to come to an agreement to include their land in the regeneration.