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Sheds planned on Berkshire hotel site

Wharf Lane, the private company run by Douglas Maggs, is working up plans for a 400,000 sq ft shed scheme in Berkshire after buying a site from Persimmon Homes.

The company, advised by Holley Blake, paid Persimmon just under £10m for 104 acres at Sandford Farm near Winnersh.

It will shortly submit plans for a change of use from hotels to industrial. Persimmon was unrepresented on the deal.

In neighbouring Hampshire, sources said Rosemound was the frontrunner to buy the 116-acre Andover airfield.

Kier, Astral and UBS/Frobisher have been shortlisted for the Ministry of Defence site, presently used as a logistics centre.

It could house up to 1.4m sq ft of business space. Savills and Drewett Neate are advising the MOD.

References: EGi News 31/10/05

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