Welcome to

Our Knowledge Centre combines a unique set of useful tools to assist ALL office movers. Use our moving guides, office space calculator, dynamic rental map and other tools to get an idea of what type of office your company needs. We’ll make sure you get there.
Register for FREE now and get full access.


Central London office blocks converting back to mansions

21st November 2013

Central London office blocks converting back to mansions

The government recently introduced a change to planning laws so that the conversion of office B1 use to residential C3 no longer requires planning permission. As said by Christina Weguelin, one of the acquisition surveyors at Morgan Pryce, “Since the floodgates have opened to lessen planning laws to allow the conversion of office use to residential use, there have been major redevelopments across all of central London to bring back the once lived in mansions of areas such as Mayfair, Soho and Fitzrovia especially.”

The founder of Mayfair’s estate agent, Wetherell has noted how they have managed to sell over 100 office buildings in Mayfair in the past year, where the buyer’s intentions were to convert the use to residential. This recent change in planning law, coinciding with the ongoing rise in property prices in London has meant that not many buildings have been left for the use as an office, leaving the supply very tight. Not only is per square foot worth so much more for residential space than office but when it comes to the sale of rental of residential premised the Landlord has the ability to charge based on the gross internal area rather than the net internal area. 

The trend for big mansion town houses did originate in Mayfair, but it has spread to Soho, Fitzrovia, Marylebone as well as Tyburnia. This has left a major lack of supply around the west end and has seen rents for offices in Mayfair pushed up to £125 per sq ft. Many occupiers are now choosing to locate in other pockets of London as offices become more and more expensive. The western fringe is now more popular and speculative developments are on the increase to support the increasing demand.

This news was brought to you by Morgan Pryce, a specialist tenant acquisition agent with offices in Oxford Circus and the City. Morgan Pryce specialises in search, negotiation and project management and works exclusively for tenants.

Login and get FULL AND FREE ACCESS to our unique Knowledge Centre.

Morgan Pryce treats personal information safely and securely. Read more about how we store and protect information in our ​Privacy Policy​.

Forgot your password?

Please enter the email address used to create your account and follow the instructions to recover your password.

Didn’t receive an email? Check your spam inbox!

Create Your Account

Instructions have been sent to

Well Done!

Please check your inbox for a confirmation email.
You can manage your account details, email alerts and shortlists directly from your account.

or continue browsing


Thank you for confirming your email address! You are now subscribed to our Newsletters.

By continuing your browsing on our site, you agree to the use of cookies to perform visit statistics. Read more about our ​Cookie Consent Policy.