The London Property Network

The London Property Network

7,383 members
  • Join

    When you join a group, other members will be able to see your profile and message you. The group logo will be visible on your profile unless you change that setting.

  • Information and settings

Have something to say? Join LinkedIn for free to participate in the conversation. When you join, you can comment and post your own discussions.


Royal Mail plans for Residential Development at its London sorting office

CEO at World In Property Ltd

As much as 6.5 acres of the 12 acre iconic Mount Pleasant site is planned for development into flats

The company is spending £32m on redeveloping Mount Pleasant both to catch-up with modern post sorting technology and to allow the development of the rest of the site, partly funded from the sale of another central London site, Rathbone Place, for £120m last year.

Royal Mail has already secured planning permission for a new development at its South London mail centre near Vauxhall, which includes over 1,800 residential units and a primary school. It plans to stop using the site later this year.

The group is also marketing a six-acre mail centre in Reading, which has permission for mixed commercial use, and said it is in planning talks with Westminster council about the redevelopment of an old mail centre in Paddington.

The full article can be accessed by following the link:

Momentum seems to be gathering with the privatisation of Royal Mail, which means that more of its valuable freehold assets may become available in central areas, ripe for commercial development. It is definitely one to look out for!

  • Comment
  • May 14, 2012
  • Close viewer


Your group posting status

Your posts across groups are being moderated temporarily because one of your recent contributions was marked as spam or flagged for not being relevant. Learn more.