58 commercial property
Haslams secures retail and leisure tenants for
new scheme in Reading Jansons Property has received detailed planning consent from Reading Borough Council for a 39,817 sq ft retail and leisure redevelopment
The £11m mixed-use scheme at Basingstoke Road, Reading, has been pre-let by Haslams Chartered Surveyors and Rapleys for a 16,512 sq ft Aldi supermarket, a 16,305 sq ft Pure Gym and a 7,000 sq ft Greene King pub. There will be 200 car parking spaces and pedestrian and cycle access to Gillette Way at the back.
Work is due to start on the project in January 2015 with completion expected by the autumn. The development will replace Millennium House, a light industrial scheme. “We are pleased to have been involved in this important development for south Reading. This redevelopment will provide new
Saying it with flowers
Based in Finchampstead, 22-year- old Lucy Clifton has set up her floristry business, The Flower Fairies. A childhood dream, the business turned into a reality after training at The Academy of Flowers, in Covent Garden.
Coming from a PR and estate agency sales background, floristry has always been a passion of hers. Lucy says she is very passionate about floral design and always looking for new challenges.
The Flower Fairies provides completion bouquets for renowned house developers, which involves designing beautiful hand-tied bouquets for clients after they have purchased and moved into their new home. The bouquets are wrapped in the developer’s brand colours. Other clients also include large solicitor firms and local gastro pubs and village shops.
The Flower Fairies also caters for personal flower requirements, such as weddings, funerals and
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local jobs as well as providing a valuable amenity for the area. We are working on other brownfield development sites in south Reading and hope this is the first of a number of new schemes in the area. Sustained tenant demand is crucial for commercial development and it does seem to be back across most sectors now we are through the recession. Transactions such as Basingstoke Road also demonstrates that we are plugged in to the whole commercial market which is crucial in advising clients on the different tenants that might suit a development site” commented Neil Seager, partner at Haslams Chartered Surveyors. Andy
Retail leisure redevelopment at 350 Basingstoke Road, Reading
Jansons, director at Jansons Property said: “The new retail and leisure outlets will bring additional choice, employment and facilities to the local area, as well as improving the appearance of the site from Basingstoke Road.”
Whitley councillor Kelly Edwards welcomed the scheme, which was unanimously voted through by planners. A public consultation was held a year ago. She said: “I am pleased there will be new job creation as well as leisure and shopping facilities for residents of Whitley and surrounding areas. “A number of residents have said to me that they support the new local jobs being created.
I look forward to seeing this development being built as soon as possible.”
It will be Reading’s third Aldi store and the second Pure Gym. There are also Hungry Horse pubs at the George and Dragon in Bath Road, Six Bells at Shinfield and the Wee Waif at Twyford. Completion of the scheme is scheduled for Autumn 2015.
Details: Neil Seager 0118-9211516
neilseager@haslams.co.uk www.haslams.co.uk
Land deal development plan to create 60 new jobs
Plans for an industrial site in Newbury are set to create 60 new jobs thanks to a redevelopment deal structured between Aviva Investors and commercial property experts at Vail Williams.
parties, as well as floral displays for office meeting rooms and receptions. Each design is bespoke and the flowers are freshly picked from the flower market on the morning of delivery. By not outsourcing delivery, The Flower Fairies offers a personal, friendly and reliable service.
“I have always wanted to run my own business and I am so proud that my wish has come true,” said Clifton.
Details:
www.theflowerfairiesonline.com www.facebook.com/ theflowerfairiesonline
Travis Perkins Group has purchased the quasi office/ industrial investment known as Silverbridge House on the Hambridge Road Industrial Estate. The site will be developed into a Wickes store and two other facilities under the Travis Perkins fascia.
Travis Perkins Group acquired the 0.88 hectare site on condition of gaining planning permission for a new 3,670 sq m unit divided into three separate business spaces, including mezzanine levels. The application was approved by West Berkshire District Council in June.
Vail Williams associate Charlie Nicholson said: “This is great news for Newbury’s local economy because it creates jobs, builds on
the UK’s economic recovery, and brings fresh investment and activity to the Hambridge Road area of Newbury.“
The new unit will be divided into three. Wickes will occupy the biggest space (2,462 sq m), and there will be two other 604 sq m facilities, both of which will be occupied by a Travis Perkins Group company.
As well as floorspace, the new development will feature external storage and display, servicing areas and parking for 67 cars and 18 bicycles.
Aqleem Khokhar, senior property acquisitions manager at Travis Perkins Group, said: “This is great news for Travis Perkins and for the wider area as it will bring jobs and business opportunities. The site is perfect for our operations and Vail Williams did an excellent job making sure the transaction progressed smoothly.”
Details:
www.vailwilliams.com THE BUSINESS MAGAZINE – THAMES VALLEY – OCTOBER 2014
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