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London, 29th July 2013 - The Ministry of Defence (MOD), advised by Jones Lang LaSalle has announced it will be selling one of its central London sites at 206 Brompton Road, after the property was declared surplus to military requirements.
A 0.32 acre site - equating to some 28,000 sq ft, the property is currently occupied by the London University Air Squadron (UAS), the London University Royal Naval Unit (URNU), and 46F Squadron Air Training Corps (Air cadets), all of which will be found alternative accommodation before the sale.
The site is located next to the Grade II* listed Brompton Oratory, Brompton Square and is just metres away from Harrods.
Facilities at the property include a drill hall, garages, offices and mess, but the site also includes below-ground areas previously used as part of the former Brompton Road Underground station.
The Defence Infrastructure Organisation (DIO), which is responsible for the management and maintenance of MOD land and property, has appointed London-based property agents Jones Lang LaSalle to manage the sale.
Simon Hodson, Residential Land Director at Jones Lang LaSalle commented:“This well located prime central London site provides an excellent redevelopment opportunity and we are expecting a high level of interest from a variety of purchasers when we bring this to the market in September.”
John Taylor, Estates Surveyor for DIO said: “The MOD keeps the size and location of its bases under constant review to ensure the Defence estate is no larger than necessary to meet operational needs and provides value for money for the taxpayer.
“The property at Brompton Road has been declared surplus to requirements by the MOD and DIO is pleased to be working with Jones Lang LaSalle to find an appropriate buyer for the site.”
Notes to editors:
Felicity Young - PR
+44 (0)20 7087 5108