Over the past 43 years, Pinstone has developed and invested around 100 properties across the UK, with a primary focus on London and the south east of England.
Our past and existing activities cover:
- Residential portfolio growth
- Commercial-to-residential conversion
- Large-scale residential site scheme development (not build o
- Small-scale residential development
This site has been undeveloped for a number of years due to legal and contamination issues. Pinstone took full ownership of the entire site under an option agreement that allowed for the submission of a 325-unit lakeside scheme. The scheme will provide a full range of unit types, from detached houses to waterside apartments. The site is currently in the disposal phase.
White Hart Medow, Theale
Commercial planning exists at this site and a 110-unit residential scheme is being developed for submission to West Berkshire council in October 2016. This site was previously the local authority’s number one preferred site in the local area. On receipt of planning the site will be sold to a major house builder.
Here are examples of notable projects we have undertaken:
Fore Street, Wellington
The refurbishment and refreshment of 3 town centre flats which had been sitting vacant for over 2 years in a town with a need for additional accommodation. Following these works, including energy performance improvements, all flats were tenanted in a matter of weeks. The freehold has been retained, and the associated commercial premises is managed for the Pinstone pension fund.
Kings Road, Reading
Two offices buildings which were converted from office use to a mix of one and two bedroom residential apartments. Both blocks, totalling 14 flats have been retained and are let to the growing local rental market.
Southfield House, Henley on Thames
A small town centre office building scheme for 7 apartments with a single storey extension. This building has since been retained as an office, although the opportunity to redevelop continues to be viable in the future.
Farm Lane, Fulham
The complete refurbishment and extension of a London townhouse. A variety of contemporary materials and finishes were used throughout to create a unique family home.
Midas House, Woking
Pinstone acquired the site and obtained planning permission for 60,000 sq ft of offices. It was subsequently developed with a forward funding agreement in partnership with the British Gas Pension Fund. The adjoining 8,000 sq ft office building, Nova Scotia House, has been retained and is still owned as an investment.
55 Charter House St, London EC1
A major conversion of a derelict warehouse building to provide a 5,000 sq ft restaurant and offices totalling some 12,500 sq ft.
Valpy Street, Reading
A new 62,000 sq. ft. commercial development in Reading sold to the British Gas Pension Fund. Following site acquisition for £2m, planning was obtained and forward funding agreed. A development profit of £7m was made, with all commercial space leased to the Department for Environment, Food & Rural Affairs. An additional adjoining site was retained and later developed as 10,000 sq. ft of offices, which were subsequently let and sold.
Edric House, High Wycombe
Acquired as a commercial / residential development opportunity with short leases remaining. Planning permission for 18 apartments was obtained and the site sold to Wimpy Homes.
West Smithfield, London EC1
An office and retail investment acquired for £2m. Possession and planning for eight apartments and 10,000 sq ft of office space plus retail obtained. The site was sold to a large central London property developer.