Kendal Magistrates Court

Gross Development Value of the site in 2021
£15,798,461

Return on Capital Deployed
147%

Annual Rate of Return on investment
18.8%

Saleable floor area created
46,853 sqft

Residential units
64

Acreage
1.6

Kendal Magistrates Court was a former courthouse, located within the Flood Zone, acquired unconditionally from Homes England in December 2018, through a Joint Venture with Wren Properties Ltd.

Hampstead value add included negotiation with Environment Agency and flood plain remodelling works to provide acceptable form of redevelopment, part demolition and site clearance works, planning consent for 64 retirement apartments. The site was sold to Churchill Retirement Living Ltd in June 2021.