Felixstowe Road, Abbey Wood, London
Brentford: Office Refurbishment
Felixstowe Road, Abbey Wood, London
Located between the new Sainsburys and the CrossRail station this circa 1 acre site has an existing consent for a 100 bed hotel and a 4 storey residential block but in response to economic drivers and emerging planning policy promoting high density residential development at major transport hubs Berkshire Investment Capital and Development Securities are currently re-planning the site to accommodate three predominantly residential buildings of between 8 and 20 storeys to provide up to 250 homes including Social Housing.
This modern 17,000 sq.ft. office building opposite GlaxoSmithKline’s Headquarters on the Great West Road in west London was acquired by Berkshire for refurbishment. A scheme was drawn up for improving the entrance hall and common parts and the building was sold to Novomatic, a pan European gaming company, for owner occupation.
Chessington: Industrial break up
Harrow Manor Way, London, SE2
Former Brabham Racing Car Factory, Chessington. This 35,000sq.ft. factory once home to Brabham racing cars part let to Carlin Racing was acquired by Berkshire from administrators.
A scheme was drawn up to split the existing building into 7 self contained freeholds for sale to owner occupiers. After a six month construction period overseen by Berkshire all the units were sold.
Cross Quarter Redevelopment – Phase 1
This 10 acre brownfield site adjacent to the Crossrail terminus in south east London was assembled by Berkshire and their joint venture partners Development Securities and Peabody and planning achieved for a 400,000 mixed used scheme. The first phase comprising of an 81,000sq.ft. Sainsburys was forward sold to Canada Life Assurance and was constructed by the partnership together with a 10 storey residential tower which was sold off plan.
Hayes: Industrial break up
This 30,000sq.ft. industrial unit was acquired vacant from a pension fund. It was subsequently,extended, subdivided and refurbished by BIC and all units successfully sold to owner occupiers.
The Hill Bar Restaurant. This 9,200 sq ft building in the trendy Clifton area of Bristol is let to Brewhouse and Kitchen.
It has been acquired as an investment.
Crawley: industrial break up
Former Thales factory, Manor Royal, Crawley. This 40,000sq.ft. factory was acquired from global engineering company “Thales Group” for break up into 10 freehold units for sale to owner occupiers. Just after construction work commenced, the entire scheme was sold to a single owner occupier.
A 6,300sq.ft. detached warehouse on a self-contained site at Priestly Way, Manor Park, Gatwick was acquired as an investment.
The property is currently let to Niton Equipment until 2024.
Wallington: office to residential
Former Body Shop Warehouse and Office HQ, Littlehampton.
This six acre site on the edge of Littlehampton was The Body Shop’s former HQ and comprised 100,000sq.ft of warehousing and 35,000sq.ft. of offices all let on acquisition to The Body Shop. A surrender premium was negotiated to gain vacant possession and a planning application was then made for just over 50,000sq.ft. gross food store, a petrol filling station and a 35,000sq.ft. enterprise hub for local business. Planning consent was achieved and the entire site was sold to Morrisons.
Former Canon Offices, Wallington. This 80,000sq.ft. office building opposite Wallington station in Surrey was acquired from administrators.
The building had previously been Canon’s UK headquarters but was acquired vacant with a residential planning consent about to lapse for 230 flats and 20,000sq.ft. of ground floor retail. There was also litigation running with the bank who owned the freehold. Berkshire settled the litigation, merged the long lease with the freehold and finessed the planning. The building was sold profitably to Weston Homes.
A prime town centre retail unit let to Carphone Warehouse in Bridgwater, Somerset – the town which will be “base camp” for the new multi billion pound Hinkley Point C power station.