Multi-million pound deal completed at Paddington Basin, London
Roger Hannah & Co has successfully negotiated compensation for the final long leasehold interests of residential flats in Dudley House, situated in Paddington Basin, London, in a deal which accumulates to millions.
Adjacent to Paddington Station and the Regent’s Canal, Paddington Basin has undergone major regeneration over recent year and now provides prestigious office, retail and residential accommodation. Compulsory purchase powers had been acquired in order to bring forward some of this redevelopment, however we were able to conclude the Dudley House acquisitions by Private Treaty.
Paddington Basin is located within the City of Westminster which boasts some of the highest residential values in the UK. Acting on behalf of all of the remaining long leaseholders enabled Roger Hannah & Co to achieve an enhanced offer from Westminster City Council.