Clapham Road building gets new lease of life with Buccleuch Property and Wrenbridge partnership
Property development and investment business, Buccleuch Property, and joint venture partner, Wrenbridge, have purchased the LUMA building on Clapham Road.
It will provide 25,000 sq ft of Grade A office accommodation over seven floors and is constructed as part of a mixed use development by Notting Hill Genesis.
LUMA sits in a prominent position and has a number of unique qualities, including connections to London’s Underground, Overground and National Rail.
The project has been overseen and managed in conjunction with UK property specialists and asset managers Wrenbridge and incorporates ground floor retail with its own front door sitting alongside a generous reception.
Nick Waugh, commercial property director at Buccleuch Property, said: “This is one of the most exciting buildings in Clapham and provides an interesting opportunity for companies looking to move up or step into the area.
“It’s surrounded by great transport links, amenities and will provide an inspiring workplace due to the generous floor plates and light airy feeling the building offers with great views across London.
“Due to the building’s contemporary design and features, it has the flexibility and potential to appeal to a wide variety of occupiers looking for small suites up to 25,000 sq ft including food and beverage operators, retailers as well as creative industry companies.”
Located at 330 Clapham Road, it has views of Battersea Power Station and Canary Wharf.
Chris White, Wrenbridge’s director, added: “We are delighted to work in joint venture with Buccleuch on our fourth project in the past 24 months.
“We have developed a strong and successful working relationship which will be grown with the acquisition of 330 Clapham Road. We have just completed the refurbishment of the reception and look forward to launching the building this month.”
Buccleuch Property owns and manages ongoing real estate developments to the value of more than £250m.
Union Street Partners and PNP Paribas Real Estate have been appointed as agents.