02 Aug Conduit House to be converted into £25m residential scheme
Mayfield Property Group plan to convert Conduit House, in Chiswick, into a £25million residential development after buying the site from Imperial Tobacco Pension Fund.
The empty three-storey 1960s building, on Chiswick High Road, was acquired with planning permission in place for a new-build scheme spanning 35,000 sq ft and comprising 21 apartments, a ground-floor retail unit and a basement car park.
The residential element of the scheme will be offered for sale off-plan in September and practical completion of the development is due in October 2019.
“Chiswick has great market appeal and we have already received great interest from owner-occupiers and investors alike,” said Joseph Mansour, managing director of Mayfield.