Sale for residential conversion in Baldock

Sale for residential conversion in Baldock

Brown and Lee has recently acted for DPM Limited in the sale of its headquarters office building, and ongoing relocation to smaller accommodation.

DPM occupied a large building in Baldock of some 18,225 sq ft, which was formerly a convent, and is situated on a site of 2.72 acres. The site was sold with planning consent for conversion of the office accommodation, along with some new build at the rear of the property forming a small courtyard development. In addition to the main property there is approximately one acre of garden and a small gatehouse, currently occupied by a long term tenant.

Unsurprisingly the property attracted a lot of interest and was ultimately sold to a local developer, who plans to convert the prominent 20th century building into 12 flats for those aged 55 and over. A two-storey outbuilding on Green Belt land to the west of the building would be demolished to make way for two new homes and 12 garages.  The building, which has been also been used as a conference venue, would be altered and partially demolished as part of the proposed plans, which are considered to represent a high quality design that is respectful to its setting.

DPM LogoDPM itself then relocated to former converted farm buildings at Ladygrove Court, which were being marketed by Brown and Lee, and purchased the unit of around 1,700 sq ft from which to continue their business. Ladygrove Court is a mixed use development of residential and commercial properties, with attractive and unusual benefits of geo-thermal underfloor heating and communal gardens that owners and occupiers can use for their own purposes.

For your commercial sales and lettings advice, you can contact Mike Phoenix at
mike.phoenix@brownandlee.com.

For advice on residential development and conversion, Daniel Musgrove at
daniel.musgrove@brownandlee.com.  Or call our offices 01438 316655.