NEWS

The latest property stories coming out of the Thames Valley

05/23/2017

1,400-home Longcross scheme moves a step nearer

A scoping opinion request has been submitted to Runnymeade Borough Council ahead of plans for up to 1,400 homes, a school, plus commercial, community and open space at the Longcross site at Chertsey. Barton Willmore, on behalf of Crest Nicholson and Aviva Investors, has submitted the scoping request for the long established Garden Village proposed at the former Defence Evaluation & Research Agency tank testing site to the west side of Chertsey. The northern section of the 87-hectare site
05/23/2017

Approval for 154 homes at Ash

Councillors have approved plans for 154 homes at Ash. An application by Copperwood Developments for a mix of terraced, semi-detached and detached homes on six hectares of land off Guildford Road, were approved by Guildford Borough Council’s planning committee on Wednesday, May 17. Each house has parking and a private garden and 54 of them will be affordable. The green field site is 200 metres from Ash railway station and close to schools and bus stops. Approval comes despite a series of
05/23/2017

Two new US occupiers for The White Building

Two thirds of the space in The White Building in Reading’s King’s Road is now let or under offer after its two latest lettings. Two deals with US occupiers totalling almost 19,000 sq ft have been secured by RARE, Lambert Smith Hampton and Savills on behalf of Boultbee Brooks Real Estate and CBRE Global Investors. Cyber security specialist Carbon Black has taken 5, 410 sq ft at £35 per sq ft while an unnamed US business has taken the entire 13,300 sq ft first floor for its UK HQ. Those
05/23/2017

Langford Locks unit for NAC

The Native Antigen Company (NAC) has taken a 5,000 sq ft unit at Langford Locks at Kidlington. The expanding business decided to move from Upper Heyford to be nearer the commercial science areas of Oxfordshire. VSL & Partners, representing the landlord, agreed a 10-year lease on an office at Building B at Langford Locks and NAC is converting it to laboratory space for occupation before the end of May. Dr Nick Roesen, chief strategy officer for The Native Antigen Company said: “It is certainly
05/23/2017

Plans to develop The Moat House Hotel after £12.5m sale

The Moat House Hotel in Sindlesham has been bought by Nine Group Hotels for more than £12.5m. And the new owners have announced plans to spend millions upgrading 9.5-acre site and the 129-bedroom hotel which is a converted grade ll listed mill. Vivek Chadha, founder and director of Nine Group, said: “The Reading Moat House is a very strategic and long term purchase for our group. We plan to spend millions on the refurbishing and development on this hotel to make it a one stop leisure and
05/22/2017

View from the Riverbank: Could Crossrail 2 be king?

While we all await the uplift the Elizabeth Line will give us, another great rail connection is heading the way of the Greater Thames Valley region. Crosssrail 2, due for completion in 2030, relies as much upon many of our region’s town and cities as it does the capital. At a breakfast seminar hosted by City of London-based lawyers, the managing director of Crossrail 2 (CR2), Michelle Dix, confirmed that CR2 is ‘not just for London, but is part of a south east discussion’ and will become a
05/22/2017

New gymnastics-based complex for Woking

Plans have been announced for a new leisure complex at Woking, based around gymnastics. Woking Borough Council and Woking Gymnastics Club have jointly announced a scheme for a council-owned site known as Ten Acre Farm, next to Smarts Heath Common. It is a response to the increasing popularity of the sport. Plans include: * Gymnastics hall with additional rooms including changing rooms. * Restaurant with terrace and picnic area for users of Smarts Heath Common. * New footpath to the common. *
05/19/2017

Winnersh Triangle 'up for sale'

Patrizia Immobilien has declined to comment on a report it is considering selling all its business parks including Winnersh Triangle. The 90-acre park, along with Chineham Park, Basingstoke and Watchmoor Park in Camberley, is among five UK business parks owned by a joint venture between Oaktree Capital Management and Patrizia. The others are Birchwood Park in Warrington, Cheshire and Hillington Park in Glasgow. Now Property Week has reported the JV is looking to sell all five individually and

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Independent Property
NEWS & VIEWS

Reporting daily from the Thames Valley tvproperty.co.uk

News

1,400-home Longcross scheme moves a step nearer

Approval for 154 homes at Ash

Two new US occupiers for The White Building

Langford Locks unit for NAC

Plans to develop The Moat House Hotel after £12.5m sale

View from the Riverbank: Could Crossrail 2 be king?

New gymnastics-based complex for Woking

Winnersh Triangle 'up for sale'