Sir John Madejski’s Sackville Developments, advised by Strutt & Parker, has sold the freehold interest in its 36,835 sq ft office development at Milton Park, Egham, Surrey, to Belron International Limited, the world’s leading vehicle glass repair and replacement business. The sale coincides with the office scheme reaching practical completion.
The property sits within 12.2 acres of mature landscaped grounds in the greenbelt yet is within close proximity to Egham town centre, Heathrow Airport and the M25. Designed by Architects Dunthorne Parker Consulting, the design breaks new ground in providing a future proofed building that will minimise energy consumption and maximise efficiency. The EPC rating was graded B and the assessor stated “this is one of the best air conditioned buildings I have ever inspected”.
Mike Bracken of Sackville, comments:
“In the current market conditions we regard the sale to Belron, being so close to practical completion, as a testament to the quality of the scheme and the uniqueness of its environment.”
Strutt & Parker’s Jamie Renison, Partner, National Markets – Office Agency, said:
“At one point we had two parties in competition for the purchase of this building which has not been seen since the technology boom. This is a market leading transaction for a unique property in the Western corridor. Developments of this quality are rare and Sackville produced an exceptional end product.”
Matthews & Goodman advised Belron International Limited
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