Location: Feltham
Size: 151,000 sq ft
Type: Industrial
Partner: Electricity Supply Pension Scheme c/o CBRE Global Investors

Description

A dilapidated multi-unit industrial estate comprising 151,000 sq ft of accommodation in 16 units on 6.5 acres.

Objectives

  • Formulated and delivered the business plan to comprehensively refurbish the estate for a higher end value trade counter use.
  • Disposed of 44,000 sq ft freehold prior to commencement of refurbishment programme and prelet 50% of the units.
  • Achieved a phased Practical Completion within 18 months of purchase.