Guilbert House, Andover - Sold to McCarthy Stone

London & Scottish Property Investment Management Ltd (LSPIM) is a co-investing property development, property management and asset management business with over £1 billion of assets under management. Read more about how we worked collaboratively with LSPIM to deliver this property disposal project.

The challenge

We were initially appointed by LSPIM to dispose of a key 35,000 sq ft headquarters-style office on a 2.2-acre site located in Meridian Business Park, Andover.

Our approach

This is how we approached this project to ensure a smooth and streamlined process from start to finish:

  • Providing LSPIM with strategic advice throughout on the occupational market, i.e., demand, rental and capital values, building specification, etc., and potential for the property to be redeveloped by obtaining prior approval for conversion to residential flats to assist with the sale of the freehold. 
  • Undertaking a comprehensive marketing campaign targeting local and regional occupiers on both a leasehold and freehold basis and developers.
  • In conjunction with the joint agent Acuitus, introducing the buildings to McCarthy Stone.

The result

Working closely with Acuitus, we successfully negotiated the sale of the freehold of the property to McCarthy Stone. On the overwhelmingly positive completion of the project, Keith Enters comments, “Guilbert House is a prominent building and a rare freehold in Andover. The interest generated from the marketing campaign from a range of interested parties, including owner occupiers, investors and developers, demonstrates the strength of the market for prime freehold opportunities in the region.”

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Having worked on both sides of the fence with and for Curchod & Co I can confirm that they run an efficient, friendly business and are very experienced and tenacious.

Helen Hill – Solve Planning Ltd

We have developed excellent working relationships with Nick and the team over the last 20 years.  They provide excellent advice and are very knowledgeable of the market.

Lewis Trevellyan – Trevellyan Developments Ltd

Huge thanks to David Bowen for his unwavering commitment to the Henley Business Park scheme from the outset ensuring a highly successful and profitable development.

Nick Kay – Development Director, St Modwen PLC

Curchod & Co have represented QinetiQ to market the Cody Technology Park since 2009 and during this time have consistently delivered a high level of service.

Philip Holmes – Senior Estates Survey, QinetiQ