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Mark has been in the property industry since 1983 and formed Newmark in 1995. Mark has many years of experience in the London and UK investment and development sectors, having completed Residential, Office, Industrial, Retail and Restaurant projects. Mark has formed numerous successful joint ventures, with institutions and high net worth individuals and continues to grow and manage the Newmark portfolio.
179-181 The Vale, Acton, W3
The building comprises a William Hill betting shop and Virgin data storage room at ground floor with 13 flats above.
The ground floor unit is circa 3,000 sq ft. The residential units are a mix of 1, 2 and 3 beds.
The existing building was in employment use throughout. Planning permission was granted to change the use of the upper floors to a mix of office and 9 residential flats, with a flexible A1-A5 permission on ground floor. A permitted development permission was subsequently achieved on the remaining office space to convert to residential. The residential flats were sold off on long leases and the ground floor let out.
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