A luxury residential development in Berkshire, where pop legend Sir Cliff Richard bought a £2.5m home, has been put up for sale by administrator PricewaterhouseCoopers.
PwC has appointed Knight Frank to sell the freehold interest in the Charters development in Sunningdale, Berkshire, and the remaining 20 unsold flats in the project for £27.5m.
The property’s owning company, Castleleigh Holdings, was placed into administration on 1 May after lender Royal Bank of Scotland called in its loan.
Charters, which comprises 34 flats set in 20 acres of landscaped grounds, sits next door to Tresanton, the property at the centre of a recently settled deceit claim against Savills.
Barry Gilbertson, real estate partner at PwC, said: “Charters has facilities synonymous with those found in a luxurious hotel in the centre of London, but with magnificent sweeping views over the Berkshire countryside.”
Gill Lamprell, partner at KF, added: “This high-end development is ideal for a UK or international audience, and we anticipate that the purchaser may have a long-term investment view.”
Charters is the redevelopment of the 1920s former home of the Pilkington glass factory, which later became the HQ of diamond company De Beers. It was also used as a bolt-hole by the Duke and Duchess of Windsor on their return to the UK from the US in 1947.
CB Richard Ellis has been appointed to sell 1112 and 1415 Grosvenor Crescent, SW1, by two private landlords. The Grade II listed terrace of Georgian townhouses will be formally brought to market early next year.
The 72,000 sq ft of properties are currently used as offices, let to tenants including the Institute of Quality Assurance, but there is potential to convert them back to residential use.
annabel.dixon@estatesgazette.com
