All posts by pafAdmin
Situated over ground and five upper storeys, the building totalled 6,967 sq m (75,000 sq ft) of divisible office space, split into four wings. The offices benefited from a large reception area, complete with a fitted out cafeteria, along with 165 parking spaces.
We successfully sold on behalf of Lend Lease this prominent office building which is located on Northolt Road (A312), 200m from South Harrow Underground Station. The building has since been redeveloped to provide over 100 flats.
The site sits in a tranquil and attractive residential setting in Hitchin, close to local schools, nurseries and amenities. The town centre is within walking distance and provides a range of banking and retail facilities.
On behalf of our client, we are inviting offers both on an unconditional and subject to planning basis. Further information including title, TPO’s and a bid proforma is available upon request from Paul Adams.
The site sits within a tranquil and attractive setting in Bushey Heath, Hertfordshire (with wooded and open land to the rear) and is immediately adjacent to the Schopwick Medical Centre, existing allotments and a local park.
On behalf of our client, NHS Hertfordshire, we sold the former nursing home which included 1.05 hectares (2.6 acres) of surrounding land to Heronslea Group, The site has since been redeveloped to provide 51 homes, the majority being family houses.
The site sits prominently fronting Harrow View with Harrow & Wealdstone Station within close proximity providing access to overground (Euston 13 mins by fast train) and the London Underground (Bakerloo Line).
Harrow Town Centre is one mile to the south and the affluent and cosmopolitan centres of Pinner, Hatch End and Stanmore are a short drive to the north, where the M1 can be accessed at junction 4.
Outline planning consent has been granted for the construction of 350,000 sq ft of commercial accommodation, including a supermarket and B1 offices; as well as providing 985 residential units, the majority of which are houses.
For further information, please contact Paul Adams or Owen Flaherty by telephone (020 7494 1221) or e-mail.
We are advising Berkeley Homes on the commercial element of Kidbrooke Village, a sustainable new mixed use scheme in London SE3, regenerating a major brownfield site with high quality homes, commercial, retail and leisure space, well managed parkland, sports grounds, schools and other community facilities.
Take this first opportunity to be part of Capital Plaza at Kidbrooke Village, where Berkeley is offering an outstanding range of high quality commercial space to serve 4,800 new homes. A total of 220,000 square feet of space will be available on a leasehold or virtual freehold basis with occupation from 2014 for a variety of commercial uses.
The units are suitable for many commercial uses including supermarket (with service yard space), convenience store, hotel, restaurant, bar, café, gastro pub, crèche, nursery, gym, general retail and healthcare facilities. Ample parking will be available. Capital Plaza is located next to the new Cator Park in Kidbrooke Village and contains the new transport hub where there are train journey times to central London in as little as 15 minutes.
Further information on Capital Plaza can be found at the scheme’s website at www.berkeleygroup.co.uk/berkeley/kidbrooke-village/commercial.
Terms are available upon request – Tel: 020 7494 1221.
We are advising Berkeley Homes on the commercial element of their stunning 76 acre Royal Arsenal Riverside which has been transformed into one of London’s most exciting waterfront communities. Royal Arsenal Riverside is an exemplary mixed use urban development which is already home to a range of highly successful businesses, such as a Young’s Pub and Tesco Express.
Approximately 3000 people live at the scheme today, which is likely to rise to some 10,000 over the next 10 years.
The area benefits from excellent international and local connections by air, rail and river, including fast links to London City Airport, the City and the West End and The O2. The Crossrail station for Woolwich will also be located at the entrance to the development.
A selection of commercial units ranging from 1,000 sq ft to 40,000 sq ft is available for a variety of uses including leisure, retail and office.
Further information on Royal Arsenal Riverside can be found at the scheme’s website at www.royalarsenalriverside.co.uk/commercial.
Terms are available upon request – Tel: 020 7494 1221.
We are able to offer for sale a unique opportunity to acquire a 33.23 acres (13.45 hectares) freehold site which forms the major landholding in the comprehensive redevelopment at Amen Corner.
Our client’s site is capable of individual development to provide approx. 306 residential units (primarily houses).
Amen Corner is located to the south of the B3408 in Binfield and east of the A329(M) Berkshire Way, 10 miles from Reading and 39 miles from Central London.
The site sits prominently fronting the B3408 and is adjacent to the Coppid Beech Hotel, John Nike Leisure Centre (ski slope and ice rink) and the commercial centre which is home to companies including Hewlett Packard, Dell and Fujitsu.
Junction 10 of the M4 is approximately 3.5 miles from the site and Heathrow some 25 miles.
For access to the full website data, please contact Paul Adams on 020 7494 1221.
We acted on behalf of the owner of this 1.43 acre industrial estate in the sale of the site to Shanly Homes for the development of 65 residential units.
We acted on behalf of Fairview New Homes acquiring this redundant Thames Water reservoir unconditionally in relation to planning. The site totalled 1.42 acres. Planning consent for 45 new homes was achieved.
We originally acquired this building as existing serviced offices, then entered into a JV with the adjoining land owner for the redevelopment of the whole 1.4 acre site. Planning was obtained at appeal for 58 units (including 25 houses and 33 flats) and we subsequently sold the site to Linden Homes.
We assisted in acquiring this 22.9 hectare (56.6 acres) residential development site on behalf of Barratt Homes from the Ministry of Defence for circa 100 prestigious homes.
The site consisted of circa 4 ha (10 acres), comprising redundant workshops and hard standing land surrounded by the Green Belt. Planning consent was granted for 78 houses. We acquired the land unconditionally on behalf of Barratt Homes.
We became aware that the tenant of this 11,148 sq.m. (120,000 sq.ft.) office building were keen to exit their 42-year lease. We identified the owners and subsequently acquired the freehold for Rotch Property Group, negotiated an outstanding rent review and surrender of the occupational lease, and acquired the property for Comer Homes for the development of 155 residential units.
This property was owned by one of our “in-house clients” and we subsequently acquired the property for Fairview New Homes for the development of 60 residential units.
This 1960’s office building was let on short-term leases. We acquired the property from British Land on behalf of Comer Homes and forward sold it to Barratt North London for the development of 116 apartments.
We identified that the owners, British Telecom, intended to vacate this prime site in North London. We entered into a direct negotiation and subsequently acquired the site on behalf of Berkeley Homes prior to receiving planning consent for 75 residential units.
We identified this 1960’s building as being poor Greater London quality office stock and established a dialogue with the American owners.
The property was subsequently acquired “off-market” for Barratt West London and planning consent secured for 120 residential units.
We represented the majority of tenants on this industrial estate in relation to acquisitions, disposals, rent reviews and lease renewals. The units ranged from 6,000 sq ft up to 25,000 sq ft.
We initially acted for the tenant in acquiring this 15,000 sq ft warehouse, then at subsequent rent review where we negotiated a nil increase on their behalf, before sub-letting half of the property to a third party.
We represented the owner in the review of this office and residential block, ultimately securing a substantial increase in the annual rent following arbitration proceedings.
On behalf of the tenant, The Automobile Association, we negotiated a new office rent at review and subsequently sub-let the vacant accommodation on very competitive terms. This allowed us to substantially reduce our client’s lease surrender premium on the entire 27,700 sq ft building.
After purchasing this 90,000 sq ft office investment on behalf of a client, we assisted with the asset management and carried out a number of rent reviews and lease renewals, resulting in a substantial increase in income and associated value.
This 67,000 sq ft 1960’s office building was owned by a property company with some 75 years remaining on the lease to Rank Plc, who were not in occupation. We acquired the property ‘off-market’ and subsequently negotiated a substantial surrender premium.
We are acted on behalf of the freeholder in respect of this majorly prominent redevelopment.
The 1.9 acre site included circa 100,000 sq ft of industrial buildings on it which was producing ‘short term’ income. The site offered a really interesting development opportunity as the London Borough of Waltham Forest was close to finalising an agreement to secure the reopening of the adjacent Lea Bridge Road Station in 2014; this made the site only one stop into Stratford to the South and Tottenham Hale to the North (both approx. 5 minute journeys) and radically enhanced the dynamics/values in the area.
The site was sold to Hill Residential (unconditionally in relation to planning); they are now seeking planning permission to build some 300 apartments.
We were appointed to act on behalf of the freehold owners in relation to their substantial landholding at the above. The site is located just off London Road (A327) with access gained from Goat Road and Mill Green Road. Mitcham Junction train station and tram stop is only 10 minutes’ walk away.
Sutton Council adopted its Core Strategy in December 2009, whereby the subject site under the Hackbridge Sustainable Suburb Masterplan had been allocated for employment (40%), residential and open space uses.
We sold the eastern site (circa 5 acres) to Redrow Homes with the benefit of planning for 120 units.
This office building was identified, as the tenant (British Gas) had seven years remaining on their lease but were not in occupation. We targeted the owners and acquired the freehold interest on behalf of Comer Homes, with a premium payment from the tenant for a simultaneous surrender of their lease.
Planning consent was subsequently secured for conversion to 160 apartments, plus health club.
On behalf of the owner, Rotch Property Group, we negotiated an outstanding rent review with the tenant showing a significant increase, and later agreed a surrender of the occupational lease leaving the 120,000 sq ft office building vacant, prime for redevelopment.
