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| Knight Frank launches to market site in St John’s Wood, London London-based real estate firm Knight Frank launches to market the St John's Wood Barracks site, in North London, which represents one of the last remaining prime central London residential development opportunities of any scale. Offers in excess of £225 million will be considered. The site, currently owned by private family trust the Eyre Estate, has been occupied as a Barracks since 1804. The present occupiers, Royal Artillery's Kings Troop, will vacate by early 2012 as part of a planned move to a new facility in Woolwich. Prior to becoming a Barracks the land formed part of a farmed estate. The 5.5 acre (2.2 hectare) site is located in prime St John's Wood which is characterised by low-rise, high-quality villa housing. The area has excellent shopping facilities and amenities, benefiting from the close proximity of Regent's Park, Primrose Hill and London's West End shopping area. St John's Wood is regarded as a prestigious address and one of London's "golden postcodes" – it has been the best-performing area monitored by Knight Frank's Prime Central London Index (which tracks resale properties) over the past 12 months. write your comments about the article :: © 2011 Construction News :: home page |