North London development site hits the market

By
Simon Creasey

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Pentland Group (Pentland) has put the 10.35-acre Finchley Lakeside site in Finchley, North London, up for sale.

Following Pentland’s relocation to a new headquarters in Farringdon in 2024, the site is now available with vacant possession. 

CBRE has been instructed to identify a development partner to deliver a residential‑led scheme on the site with initial capacity studies indicating the potential to deliver in the region of 550 new homes, alongside a mix of community, cultural and commercial uses at ground level.

Andy Long, executive director of Pentland Group, said: “Pentland has deep roots in North London and for almost 40 years this site and the Finchley community have played a vital role in our growth. As we look to the next chapter for Finchley Lakeside, its important to us that whoever takes the site forward recognises its history and shares our ambition to create something that genuinely benefits the local community for generations to come.”

Adam Cradick, head of London living land at CBRE, added: “Finchley Lakeside is underpinned by its long-standing connection to the local community. With positive pre‑application engagement already undertaken and a clear, community‑informed vision emerging, the site presents a compelling opportunity to deliver a residential‑led scheme of real placemaking quality.”

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