31 London Street

Paddington, W2
Royal Mail Group
Disposal completed 2015
1.3 acres
Mixed use

Jones Lang LaSalle, Agents

DLA Piper, Property lawyers

Fletcher Priest, Architect

Watermans, Structural engineer

M3 was brought on board to develop and manage the disposal strategy for 31 London Street, a former Mail Centre with a consented high quality mixed use scheme in place. This included the consolidation and resolution of a complex array of property and technical issues ahead of marketing, involving the Mail Rail infrastructure, interfaces with Network Rail, London Underground and Crossrail, historic covenants and logistics around the retained façade. The disposal process was successfully completed, achieving target receipts.

Related projects
Royal Mail Property Strategy

Project highlights

  • Supporting dialogue with adjoining stakeholders, including Network Rail and TfL
  • Resolution of ambiguities in title documentation, to offer a “clean” title to market
  • Procuring disposal documentation
  • Managing bid and due diligence process