Allsop and Tamarin/RER are delighted to announce that the Leicester Square Odeon site will be marketed jointly with two adjoining sites as a single entity.
Jon Gershinson and Simon Davidson of Allsop LLP as Receivers of Leicester Square Theatre, Leicester Square, have reached agreement with Tamarin / Real Estate Resolutions ( RER ) the owners of 2 adjoining sites to market the combined interests as a single entity.
Planning Permission was granted in October 2008 for the demolition of existing buildings and redevelopment of the Site to provide a two screen cinema (Class D2), a 245 bedroom hotel (Class C1), 33 residential units (Class C3), 4 restaurants at ground floor and 1 at ninth floor level (Class A3) . Total of 215,000 sq ft.
Knight Frank and CBRE have been appointed joint agents to sell the site and marketing will commence in September 2011.
Jon Gershinson, Partner for Allsop & Tim Farrow for Tamarin / RER commented “The Odeon Leicester Square site has recently been dubbed by the press as” London’s hottest development site”. This will offer a significant opportunity to investors and developers in a premier London location. “
Notes to editor
Allsop is an independent property consultancy with a market-leading reputation for high quality service, integrity and innovation. We are also well known as the UK’s leading property receivership service. Our success is built on over 100 years’ experience in commercial and residential property consultancy and sales.
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