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McGrove Securities Ltd, a JV between Citygrove Securities PLC and McLaren Property Ltd, has entered into an agreement with John Lewis and the Royal Borough of Kensington & Chelsea to acquire the Clearings site on Draycott Avenue, Chelsea for a prime residential development.
As part of the proposals the redevelopment of the neighbouring Marlborough Primary School is being facilitated by the conversion of Clearings into a high quality interim school. The conversion is due to be completed and ready for students to move into in September 2015 after which the new school will be constructed.
JLL acted for John Lewis.
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