The asset, New Horizons Court, is situated in Brentford TW8. It is a landmark, self-contained office campus comprising over 140,000 sq ft arranged in four self-contained office blocks, with more than 527 secure underground parking spaces, together with nine courtyard office buildings of 31,000 sq ft which benefit from a further 69 parking spaces.
The self-contained office campus already had prior approval for conversion into 302 studio to two bedroom luxury apartments. The apartments are currently under construction with the majority of the units now sold.
The building was originally comprised of four self-contained office blocks and nine courtyard office buildings arranged in two terraces. The buildings were constructed in 1991 of steel frame with a mix of brick and reconstructed sane elevations.
The developer’s credentials are particularly robust, having undertaken over £160m of real estate trading and development transactions since January 2016.
The apartments will be eligible for the ‘Help To Buy’ scheme, with no requirement for an affordable housing element.
It is located in a pivotal position between the central London and western corridor office markets and benefits from excellent access to both, with central London just nine miles away, Heathrow Airport within 15 minutes and Waterloo Station within 30 minutes.
A number of major employers have their office headquarters in close proximity, including those of BskyB, GlaxoSmithKline, Cable & Wireless, Kraft, General Electric, EMC2, and JC Decaux, thereby enhancing the potential demand for residential units.