Foxtons has quietly closed its Sutton branch, confirming the news to EYE this week, but has made no mention of the closure within its official communications to investors or the industry.

The Sutton office was opened in the first quarter of 2016, along with branches in New Malden, Sutton and Fulham (Bishops Park), increasing the network to 62 branches at the time, after the firm identified ‘significant opportunities’ to expand its network across the capital with a focus on outer London territories with strong growth potential.

In a Q1 2016 trading update, Nic Budden, CEO of Foxtons at the time, said the firm’s “expansion strategy” included plans to increase its market share in outer London, with a view to opening more offices in the coming months.

However, Foxtons’ total office network count has now dropped to 57 following the closure of the Sutton branch.

A member of Foxtons’ call centre, based at its head office in Chiswick Park, advised us that prospective buyers, sellers, landlords and tenants in and around Sutton seeking an in-person service with Foxtons should now look to visit the company’s Kingston branch – located about eight miles away.

A spokesperson for Foxtons acknowledged EYE’s request for comment on Tuesday, but has not yet issued an official statement.

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