Southampton Office Building in Millbank Street Awaits Demolition Approval Oct 3, 2023 A three-storey office building located at 16 Millbank Street, described as being in ‘disrepair’, is poised for demolition if plans are sanctioned. The property, situated in an industrial zone, has recently come under the ownership of Silmir Investments Ltd. The company has expressed intentions to dismantle the structure due to its deteriorating state. In a […] Posted by: Mya Driver Read more
New State-of-the-Art Elective Centre Approved for Bristol: Set to Increase Surgical Capacity by 6,500 Operations Annually Sep 28, 2023 A groundbreaking decision has been made regarding the healthcare infrastructure in Bristol. The city is set to welcome a new £49.9 million Elective Centre at Southmead Hospital. This state-of-the-art facility has been greenlit to provide an additional 6,500 operations annually, aiming to benefit patients across Bristol, North Somerset, and South Gloucestershire (BNSSG). The Department of […] Posted by: Mya Driver Read more
Buckingham’s Future: A Golden Opportunity for Developers Awaits Sep 26, 2023 As Buckingham stands on the precipice of significant transformation, developers might want to keep a keen eye on unfolding opportunities. On Saturday, 30th September, the Buckingham Community Centre is set to host an open consultation event from 10 am to 2 pm, marking the initiation of the Buckingham Future Scenarios Consultation. This isn’t just another […] Posted by: Mya Driver Read more
Bristol Airport announces £60m transformational public transport hub project Sep 26, 2023 Bristol Airport has commenced work on its largest capital project ever and is investing over £60m in creating a public transport interchange hub and multi-storey car park. This transformational project will enhance services and accessibility for customers whether arriving or departing from Bristol Airport. Customers using Bristol Airport will notice preparation and enabling works taking […] Posted by: Mya Driver Read more
LondonMetric sells £17m of long income and retail assets Sep 11, 2023 LondonMetric Property Plc (“LondonMetric”) announces the sale, in separate transactions, of four long income and retail assets, for £16.9 million. The combined price is in line with book value. The largest asset comprises a 27,000 sq ft Waitrose store in Malmesbury which has been sold for £9.6 million, reflecting a NIY of 4.66%. Acquired from […] Posted by: Mya Driver Read more
Former Portsmouth News Centre Scheduled for Demolition Sep 8, 2023 The former Portsmouth News Centre, located on London Road, is slated for demolition. First Bus has advanced plans for the site, with the aim of having the new facility operational by mid-2025. While the company has received clearance to proceed with the site’s clearing, the final plans for the depot are still under consideration. The […] Posted by: Mya Driver Read more
RO Group Finalises Sale of Taunton Travelodge for £3.9 Million Sep 7, 2023 The RO Group has confirmed the sale of its prominent Taunton Travelodge property. Located at the Riverside Retail Park, Hankridge Farm in Taunton, the hotel has been acquired by The Independent Order of Oddfellows Manchester Unity Friendly Society’s Unity United (Property) Investment Fund. The transaction was settled at £3.9 million, indicating a net initial yield […] Posted by: Mya Driver Read more
Bristol’s Ashton Gate Set to Usher in a New Sporting Era with Approved Developments Sep 4, 2023 Bristol’s iconic Ashton Gate Stadium is on the brink of a transformative phase, with the green light given for the construction of a state-of-the-art basketball arena, conference facility, hotel, residential flats, office spaces, and a parking structure. This ambitious venture, dubbed the “Sporting Quarter,” has received formal planning consent from the Bristol City Council. The […] Posted by: Mya Driver Read more
Plymouth’s Iconic Business Hub Set for Auction at £375,000 Sep 4, 2023 A landmark business facility in Plymouth, previously recognised as one of the city’s premier factories, is poised to be auctioned with a starting bid of £375,000. Located in Honicknowle, the distinguished Eurotech House stands as a testament to the city’s industrial legacy. However, with the surrounding region earmarked for a transformation into residential and commercial […] Posted by: Mya Driver Read more
Southampton City Council’s £20m Initiative: Four Housing Providers Join Affordable Housing Framework Sep 1, 2023 Southampton City Council has officially onboarded four housing providers to its Affordable Housing Framework. These providers, namely Abri Group, Hyde Group, Sovereign Housing Association, and Stonewater Ltd, will collaborate with the council to develop affordable homes on council-owned land throughout Southampton. The initiative, which began in April 2023, aims to address the city’s pressing need […] Posted by: Mya Driver Read more
