An office-led property development in Croydon, Greater London, is filling up quickly with new residents and is now almost one-third accounted for, it has been revealed.
The Croydon Gateway Limited Partnership (CGLP) owns the recently refurbished AMP House, which incorporates roughly 100,000 sq ft of office space, as well as 11,700 sq ft of retail space and close to 200 car parking spaces.
Schroder Property Investment Management has been advising the CGLP on its efforts to attract new tenants to the scheme, with the likes of Lloyds TSB, Kynetix Technology Ltd and the Royal College of Nursing now revealed to be among those to have already signed up.
Suites with between 500 and 2,000 sq ft of space are still available at the site, with managed offices among those on offer. The offices are said to be particularly in demand from small to medium-sized businesses and start-up tech companies.
The refurbishment effort focussed particularly on revitalising the building’s reception space and communal areas. It benefits from being located very close to East Croydon train station, from which Central London is only a 15-minute journey.
“The substantial refurbishment of AMP House has confirmed that occupiers still have an appetite for space in Croydon,” said Jack Burgess, investment manager at Schroders.
“AMP House provides a good quality, efficient business environment, easy access to local amenities and importantly proximity to Croydon’s fantastic transport links,” he said.
The Stanhope Group Plc was responsible for the redevelopment of AMP House and worked closely with Schroders Property to see the Croydon site’s office space enhanced and made newly available. Stanhope and Schroders are two of the UK’s largest property developers and asset mangers respectively with interests across London and various other parts of the country.