Collingwood N19
Ace Capital Management acquired a 1930s office block known as Collingwood House, Mercers Road, Holloway, with Pure Gym occupying the ground, part first-floor and a car park for 30 spaces. After lengthy negotiations with Pure Gym, we managed to agree a new lease with a surrender of the car park and the first-floor space in return for £1.2m fit-out which included underpinning and extensive acoustic works to the gym. The completed scheme delivered 13 x high quality apartments, including the creation of a show home in one of the apartments, working extensively with local agents on the sale of all units.
DURATION 16 MONTHS
GDV £8,000,000
CONSTRUCTION VALUE £2,000,000
AREA 14,000 SQFT
UNITS 13 APARTMENTS