Historically Longford’s has been active in residential development in the UK, primarily in Central London. In August 2003 LS&E expanded into Europe by acquiring a site in the South of France at Domaine Val des Costes, St. Laurent d’Eze, which is now approaching completion.
30/31 Devonshire Place, London W1
In mid 1996 LS&E entered into a joint venture with the Howard de
Walden Estate, the second largest estate landlord in London, to refurbish
30/31 Devonshire Place, London W1, a Grade II listed property. The
Estate created a new 125 year head lease on the property and placed
it in a new joint venture corporate structure with LS&E providing
construction finance. Subsequently a new planning and listed building
consent was obtained to create nine luxury apartments/maisonettes with
a total capital value of £5 million.
Queengate Terrace & 17/23 Gloucester Road, London SW7
The company developed 14 luxury apartments with underground car parking,
together with 3 retail units in a prime location in Kensington. An
18 month construction programme commenced in 1995. The development
comprised a newly constructed building behind an existing listed façade.
The project had a capital value of £6.5 million.
Wimpole Street, London w1
In 1994, the company acquired 24 Wimpole Street and 21/21a Harley Place,
London W1 on the Howard de Walden Estate, both being Grade II listed
properties. A highly sensitive architectural design treatment was required
to obtain planning and listed building consent. The development created
5 luxury apartments and 2 mews houses and was completed in January
1996 with a capital value of £3 million.
LS&E acquired 10 Lupus Street, London SW1 in 1994, a property of
some 3,500sq.ft. (325m2) A new planning consent was obtained to redesign
the interior and the property was sold to a publicly listed property
company prior to completion at a figure of £1 million.
In January 1994 LS&E acquired and totally refurbished a Grade II
listed building at 96 St. Georges Square, London SW1 to create
six apartments with a capital value of £1.5 million.