NEWS

The latest property stories coming out of the Thames Valley

09/28/2018

Aberdeen acquires Sixt site at Heathrow

Aberdeen Standard Investments has acquired car rental company Sixt’s Heathrow premises at Hatton Cross for just under £5 million. The deal will help the investor's strategy to support more use of automation and driverless vehicles. The acquisition by Aberdeen’s Airport Industrial Property Unit Trust (AIPUT) fund is of Sixt’s 1.5-acre site on the A30 which it will continue to use for both car rental and maintenance operations. Sixt has been onsite for more than 20 years and plans to upgrade
09/28/2018

Short term occupation: lease, licence or tenancy at will?

Rebecca Thomas, legal practice director at BrookStreet des Roches, explains the risks involved where leases are not formally documented. Owners of commercial property often want to allow someone into occupation without the time and expense of negotiating a lease. There is a tendency in these situations to just allow the occupation on an informal basis, not involving lawyers or thinking too much about the nature of the occupation. This is fine while the parties all agree on what they are
09/27/2018

New Look to stay at Broad Street Mall

New Look has changed its mind over closing its Reading store and is one of three retailers to sign new deals at the Broad Street Mall - and bosses at the centre say further major deals are imminent. The fashion store has renewed its existing lease on an 11,000 sq ft unit next to the former Argos store and is to bring its menswear section, currently in The Oracle, into its Broad Street Mall shop. Iceland is moving to a new 9,000 sq ft store which will take up most of the ground floor of the
09/27/2018

Meet new council boss Josie Wragg at Slough Social

October’s Slough Social will be the first public event for the borough’s new chief executive, Josie Wragg. Mrs Wragg, formerly director of customer services and localities at Wokingham Borough Council, will join a panel debate at the breakfast time meeting for business and property professionals on Friday, October 5. She will sit alongside Prof Geoff Rodgers from Brunel University, Chris Early from Telefonica and Paul Britton from Thames Valley Chamber for a session under the title University
09/26/2018

76-home plan for Sunninghill gasworks site

Plans have been submitted to the Royal Borough for 76 homes on the site of the former gasworks at Sunninghill. St William, a joint venture between Berkeley Group and National Grid, has applied to build 53 houses and 23 flats on the 2.36-hectare site in Bridge Road. The developer had applied for permission for 81 homes on the site a year ago and appealed against the application’s non-determination in April 2018 on the basis that officers planned to recommend refusal. After discussions with the
09/26/2018

Flats plan to replace Maidenhead industrial buildings

Plans are being drawn up for around 230 flats at Boyn Valley Industrial Estate in Maidenhead. Rok Planning, on behalf of PZR, has submitted a screening opinion request to the Royal Borough over the need for an environmental impact assessment ahead of a proposed planning application to replace 10 industrial buildings, totalling 5,389 sq m, with 230 ‘high quality residential units’. The current buildings are said to be near the end of their economic life. The site, between Boyn Valley Road and
09/25/2018

1,700 homes on the way for Wokingham

A scoping request ahead of planning applications for 1,700 homes in Wokingham, has been submitted to the borough council. Nexus Planning, on behalf of a consortium of developers, has asked if an environmental impact assessment is needed for four proposed applications which will come forward covering the majority of phase 2 of South Wokingham Strategic Development Location (SDL). The combined applications are also likely to include two two-form entry primary schools, a local centre and SANG
09/25/2018

350 homes planned for Bramley site

Plans for 350 properties on a farmland site near Basingstoke are being drawn up by Croudace Homes. Savills has submitted a screening opinion request to Basingstoke & Deane Borough Council on behalf of the Caterham-based developer to establish whether an environmental impact assessment is needed for the scheme at Upper Cufaude Farm in Bramley, Hampshire. Croudace Homes is the developer behind nearby Vyne Park which is currently under construction. A two-form entry junior school, community hall

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Independent Property
NEWS & VIEWS

Reporting daily from the Thames Valley tvproperty.co.uk

News

Aberdeen acquires Sixt site at Heathrow

Short term occupation: lease, licence or tenancy at will?

New Look to stay at Broad Street Mall

Meet new council boss Josie Wragg at Slough Social

76-home plan for Sunninghill gasworks site

Flats plan to replace Maidenhead industrial buildings

1,700 homes on the way for Wokingham

350 homes planned for Bramley site