Southall Lane, Heathrow, UB2 5NH
The Square Heathrow was acquired as part of a Portfolio of four A40/M25 office Properties. The entire portfolio required Asset Management to re-position the assets. At the time of purchase the cost of the void space within the Square eroded the entire income.
The property comprised four lightly refurbished office buildings totalling some 68,200 sq ft.
The Square is approximately a ¼ of a mile from the Junction of the A312 (Hayes Bypass) which in turn is ¼ of a mile from Junction 3a of the M4 motorway.
We were appointed Asset Manager when the Park was some 30% let. Our principal responsibility involved the repositioning of the asset. We were involved in the rebranding and marketing of the property. The estate was subject to a marketing campaign, we approached occupiers in the area.
The buildings were subject to internal refurbishment to include new carpets. We secured a letting to a main contractor to the NHS providing doctors for house calls. One of the principle tenants took additional space. The asset was subsequently sold as part of a portfolio.