Realised Investments

A selection of projects which the current Frogmore management team have handled:

Retail Investments

Port Arcades, Ellesmere Port

Port Arcades, Ellesmere Port

A district shopping centre located in the town centre, comprising 63 retail units occupied by a strong tenant mix with a high percentage of national multiples including Boots, Argos, Wilkinson and Costa Coffee.

St. Martin’s Walk, Dorking

St. Martin’s Walk, Dorking

A 27 unit retail scheme, anchored by Marks & Spencer, with 11,110 sq ft of offices and 10 flats. During ownership, Frogmore carried out a programme of cosmetic enhancements, let the vacant units and improved the tenant mix.

The Hart Shopping Centre, Fleet

The Hart Shopping Centre, Fleet

A 160,000 sq ft covered centre comprising 44 retail units and a 520 space car park. During ownership of the centre, Frogmore completed the lettings of most of the vacant units and carried out an extensive programme of redecoration and rebranding.

St. Nicholas Shopping Centre, Sutton

St. Nicholas Shopping Centre, Sutton

A 375,000 sq ft shopping centre owned for approximately 30 months. During that time, significant physical enhancements were undertaken, to include two new entrances and over 30 new lettings completed.

North Point Shopping Centre, Hull

North Point Shopping Centre, Hull

152,000 sq ft district shopping centre comprising 59 retail units, a market hall and 4 retail warehouses plus a 547 space car park.

Broadwalk Shopping Centre, Knowle, Bristol

Broadwalk Shopping Centre, Knowle, Bristol

A district shopping centre located in a large residential district of Bristol. Comprising 37 retail units with a high percentage of national multiples including Wilkinsons, B&M Home Bargains, Iceland and Superdrug.

Erith Riverside, Erith, Kent

Erith Riverside, Erith, Kent

A neighbourhood shopping centre situated on the south bank of the River Thames approximately 16 miles south east of Central London. Tenants include Matalan, Iceland, Wilkinson and Argos.

Belle Vale Shopping Centre, Liverpool

Belle Vale Shopping Centre, Liverpool

A district shopping centre located to the south east of Liverpool city centre, comprising 50 retail units and anchored by Wilkinsons, Argos and Morrisons.

Retail Developments

Post Office, Bath

Post Office, Bath

A joint venture to regenerate the listed building to create a retail scheme including a new unit for the Post Office.

Walton upon Thames

Walton upon Thames

A town centre redevelopment site with planning consent obtained for a c 240,000 sq ft mixed use retail and residential scheme to include a new supermarket.

The Triangle, Manchester

The Triangle, Manchester

The redevelopment of the former Corn Exchange, following bomb damage, to create a 150,000 sq ft lifestyle shopping centre with 40,000 sq ft of offices above.

Office Investments

50 St Mary Axe, London EC3

50 St Mary Axe, London EC3

A new development comprising 32,443 sq ft of high specification offices situated in a prime position in the City of London’s traditional insurance district, close to the iconic ‘Gherkin Building’.

Centre Point

Centre Point

A partnership with Almacantar SA in respect of a mixed use office, retail and residential complex totalling 244,000 sq ft. Built in 1966, the asset divides into three Grade II listed elements, the iconic 34 floor Centre Point tower, the Bridge Link and Centre Point House. Planning consent was secured for a change of use of Centre Point Tower from offices to high specification apartments.

Churchill House, Cardiff

Churchill House, Cardiff

A multi let city centre office building of c 80,000 sq ft which had asset management and refurbishment angles to enhance value

Wira Business Park, Leeds

Wira Business Park, Leeds

A multi let office and industrial complex of 110,000 sq ft offering refurbishment and income enhancement opportunities.

Old Street, London EC1

Old Street, London EC1

An office building totalling 168,000 sq ft, on a prominent site on the fringe of the City. The investment presented asset management and redevelopment opportunities from both the office and retail elements.

The Campus, Hemel Hempsted

The Campus, Hemel Hempsted

Five office buildings, totalling 156,000 sq ft, sold following the early successful implementation of the asset management strategy agreed on acquisition.

Foundation Park, Maidenhead

Foundation Park, Maidenhead

An office campus of eight buildings, totalling 237,110 sq ft, with scope to enhance value through active asset management and refurbishment activity.

Altrincham Business Park

Altrincham Business Park

A business park comprising 264,742 sq ft of office and industrial accommodation, let to a variety of tenants, close to Altrincham Town Centre, approximately 8 miles south west of central Manchester.

Office Developments

Lucidus, Watford

Lucidus, Watford

A new development of c 50,000 sq ft of offices funded by Glasgow City Council through Aberdeen Property Investors. Three floors were let to Taylor Woodrow.

Portal West, London W3

Portal West, London W3

A development of ten, two storey business units, totalling 48,450 sq ft all sold on a freehold basis.

Vitro, London EC3

Vitro, London EC3

An office building of c 55,000 sq ft with new public piazza, adjacent to Fenchurch Street Station. The ground floor retail units were pre let to HSBC and Pret a Manger respectively. The building was sold on Practical Completion to Co-Operative Insurance Society Limited.

M11 Business Link, Stansted

M11 Business Link, Stansted

M11 Business Link, Stansted comprises six detached office buildings, set in attractive landscaped setting on a 1.8 hectare (4.44 acre) site.

Vanwall Business Park, Maidenhead

Vanwall Business Park, Maidenhead

A campus office development of five buildings totalling c 240,000 sq ft funded by Commercial Union through Morley Fund Management.

Waterside, Crossways, Dartford

Waterside, Crossways, Dartford

Waterside Court is a new development of nine, self contained, office buildings available for sale or to let on the prestigious Crossways Business Park near Dartford.

Lakeview West, Crossways, Dartford

Lakeview West, Crossways, Dartford

Enjoying a prime Thameside location at Dartford Crossing, Lakeview West is a prestigious office building ideally suited as a corporate or regional headquarters building.

Foundation Park, Maidenhead

Foundation Park, Maidenhead

The new construction of Building 4, the comprehensive refurbishment and extension of Buildings 7 & 8, each comprising c 22,500 sq ft of offices, and the construction of a café are part of the first phase of Frogmore's planned modernisation of Foundation Park

Industrial Investments

‘Big Foot’, Daventry

‘Big Foot’, Daventry

A 600,000 sq ft distribution unit purchased as part of a 16 property portfolio and comprising the largest asset. Following a lease expiry, dilapidation claim negotiations and the addition of a new roof, the unit was let to Tesco Stores Limited and sold to an investor. The transaction won the IAS/OAS Industrial Deal of the Year Award, 2004.

Industrial Developments

Schooner Park, Crossways, Dartford

Schooner Park, Crossways, Dartford

A new development of 24 self contained business units available for sale or to let on the prestigious Crossways Business Park near Dartford.

Gipsy Corner, London W3

Gipsy Corner, London W3

A 12.6 acre former industrial site with mixed use development undertaken to include;- A hotel for Ramada Encore New European HQ for The Carphone Warehouse Shurgard self storage unit Car showroom for HR Owen New factory for Remploy Portal West Business Centre - 10 two storey units 446 unit residential scheme with ground floor retail Planning permission for 90,000 sq ft of offices

Hinchingbrooke Business Park, Huntingdon

Hinchingbrooke Business Park, Huntingdon

A 40 acre mixed use development with planning permission for 560,000 sq ft on a greenfield site. Developed over a number of years, Frogmore built office and production facilities for a number of local companies including Anglian Water, Cambridgeshire Health Authority, Kitchen Range Foods and Marriott Hotels.

Springfield Business Park, Chelmsford

Springfield Business Park, Chelmsford

A 65 acre greenfield site with planning consent obtained for 850,000 sq ft of office, warehouse/distribution and production uses, funded by Royal London Asset Management. The site was developed to provide new facilities for Aldi, A-Z Supplies and Menzies Distribution Limited with speculative industrial units let to tenants including Parcelforce and Target Express.

M11 Business Link, Stansted

M11 Business Link, Stansted

A new development of 18 business units built adjacent to the M11, close to Stansted Airport, on a self-contained site. The development is highly visible from the M11 and has easy access to Junction 8, Stansted Airport and Bishop's Stortford.

Residential Developments

2 Millharbour, London E14

2 Millharbour, London E14

A 2.65 acre, cleared brownfield site in London Docklands close to Canary Wharf. The site is zoned for mixed use development and planning permission for a scheme comprising circa 900 residential units has been obtained.

Centre Point

Centre Point

A partnership with Almacantar SA in respect of a mixed use office, retail and residential complex totalling 244,000 sq ft. Built in 1966, the asset divides into three Grade II listed elements, the iconic 34 floor Centre Point tower, the Bridge Link and Centre Point House. Planning consent was secured for a change of use of Centre Point Tower from offices to high specification apartments.

Marconi House, Strand, London WC2

Marconi House, Strand, London WC2

A development of 86 high specification apartments with car parking located on the Strand in Central London, completed in Partnership with Galliard Homes Limited.

Southwark Bridge Road, London SE1

Southwark Bridge Road, London SE1

A new development of 99 apartments in association with Galliard Homes Limited and in a Partnership with HBoS.

Gaskin Street, Islington, London N1

Gaskin Street, Islington, London N1

A development of 16 apartments in association with Groveworld and in joint venture with HBoS.

Romney House, London SW1

Romney House, London SW1

A refurbishment of the former GLA Headquarters to provide 169 homes, a health club and retail units, in partnership with Galliard Homes Limited.

Drayton Park, London N5

Drayton Park, London N5

A new development of 254 residential units on the site of the Emirates stadium in joint venture with Galliard Homes Limited.

Alternative Investment Sectors

One Westminster Bridge, London SE1

One Westminster Bridge, London SE1

An office development site with detailed planning consent secured for c280,000 sq ft offices. Subsequently, a partnership was formed to develop a 913 bedroom apart hotel on the site

Enfield Data Centre

Enfield Data Centre

The conversion of a new warehouse into a tier III, six hall data centre totalling approximately 26,700 sq ft of net technical space.

South Place Hotel, London EC3

South Place Hotel, London EC3

Formerly two vacant office buildings totalling 35,985 sq ft located close to Liverpool Street Station and Finsbury Circus. Planning permission was obtained for an 80 bedroom boutique hotel with restaurant, brasserie and private dining facilities. The hotel was pre-let to D & D Restaurants Limited and was completed in autumn 2012.

Hive

Hive

A high specification student building constructed in 2009 comprising 203 student studio apartments with income generated on a direct basis from students.

Heyford Park

Heyford Park

A freehold site of 1,231 acres that comprises approximately 395,000 sq ft of residential accommodation in 314 dwellings and 2 million sq ft of commercial space. Planning consent was obtained for 1,075 homes on the site.

Britannia Parks

Britannia Parks

A portfolio of 20 residential retirement parks in 17 locations across the south of England with a total of 1,430 pitches of which 1,225 were income producing when purchased. The strategy enabled successful implementation of asset management and enhanced sales.

Leisure Developments

Crawley Leisure Park

Crawley Leisure Park

A 180,000 sq ft leisure development in Crawley town centre, developed in conjunction with the local authority and funded by Norwich Union. The scheme was anchored by Virgin Cinemas, Esporta, Hollywood Bowl and Brannigans with restaurants let to Pizza Hut, TGI Friday's and McDonalds.

Portfolios

Unilever

Unilever

Two office and three industrial properties sold 21 months after purchase following a series of lease renegotiations, rent reviews and regearing.

Equitable Life

Equitable Life

A portfolio of 15 office properties acquired for £106m in limited partnership with Equitable Life and financed through Nationwide Building Society.

Axa

Axa

A portfolio of 109 office, industrial and retail properties, located throughout the UK.

Meadow

Meadow

£124m portfolio comprising 16 office and industrial properties purchased in 2002 in conjunction with Macquarie Global Property Advisors (formerly Lendlease). Following early implementation of the asset management strategy by Frogmore, the final part of the portfolio was sold in March 2005.

Regeneration

Heyford Park, Oxfordshire

Heyford Park, Oxfordshire

A former US Air Force base which has been decommissioned since 1994.  The site covers 1,231 acres and has circa 1.4m sq ft of residential and commercial accommodation.  Many of the buildings have been given ancient monument status due to the historical significance of the airbase as part of the Cold War. In a Partnership with the Dorchester Group, Frogmore have prepared a new Master Plan which will bring a much needed facelift to the base.  The proposal is that many of the buildings will be retained and/or their uses changed to include a school, a cricket pitch and other community facilities to create a new village.  776 new homes (circa 396,000 sq ft) will also be built.

The Post Office, New Bond Street, Bath

The Post Office, New Bond Street, Bath

Situated in the centre of the World Heritage City of Bath, this Grade II listed former post office was largely unused for 10 years after the telephone exchange’s closure in the early 90’s.  The building was a landmark site and was given its listed status because of its historical and architectural importance. The 27,862 sq ft scheme was carried out in 2005/2006 in Partnership with Future Heritage.  The building was converted and extended to provide a new Post Office, 7 retail units and 10 residential flats on the upper parts whilst retaining the existing Georgian and 1920’s buildings.

The Tramshed, Beehive Yard, Bath

The Tramshed, Beehive Yard, Bath

Located within the main conservation area of the City of Bath, the tram sheds were originally built in 1820. Until the late 90’s, the former tram sheds and the foundry in Beehive Yard had been out of use for many decades. The redevelopment involved the gutting of the existing building, retaining the external brick walls, and incorporating five storeys of accommodation. This included 24 apartments (approximately 25,000 sq ft), 19,146 sq ft of offices, 5,865 sq ft of restaurant space and new workshops for local tradesmen. English Heritage were involved in the design of the development and Frogmore and Future Heritage were responsible for the delivery of the scheme through a Partnership.

Devington Park, Exminster

Devington Park, Exminster

Built in 1845 as the County Paupers Lunatic Asylum, the Grade II* listed landmark building is set in 11 acres of private gated grounds and served as a hospital until the mid-1980s. The buildings remained vacant, were badly neglected and fell into disrepair. Compulsory repairs were ordered and in a Partnership with Devington Homes, Frogmore redeveloped the buildings to comprise 112 apartments and town houses (76,428 sq ft) and 3,400 sq ft of office accommodation. HRH The Prince of Wales visited the development in 2004 in his capacity as Patron of the Phoenix Trust.

The Triangle, Manchester

The Triangle, Manchester

Originally the Manchester Corn Exchange, this historic landmark was given a new lease of life and developed into a high end shopping centre after the terrorist bombings of 1996 caused extensive damage. The Triangle’s transformation was part of a larger restoration of surrounding City Centre which was overseen by Manchester City Council. Frogmore purchased the building in 1989 and after the bombings used our in house planning and design skills to secure planning consent for a £20m mixed use redevelopment. The new centre comprised 150,000 sq ft of lifestyle retail and restaurant space and 56,000 sq ft of offices on the upper floors. The centre was opened in August 2000 by HRH Prince of Wales.

Inverforth House, Hampstead, London

Inverforth House, Hampstead, London

Inverforth House was built in the early 1800’s overlooking Hampstead Heath. The building had an interesting history thanks to its many illustrious owners. Most notable is Lord Leverhulme, the founder of Unilever who extensively remodelled and expanded the property and the grounds in 1904. It was subsequently awarded listed status. Lord Inverforth bought the estate in 1925 and bequeathed the house to the Industrial Orthopaedic Society where it remained in the ownership of the NHS until the late 1980's. Frogmore purchased the site and sensitively converted the mansion into nine luxury apartments restoring many of the original features totalling approximately 52,000 sq ft.

County Hall, Westminster

County Hall, Westminster

The former GLC offices were part of a larger redevelopment site of the Westminster Bridge environs. Once GLC relocated to More London, the offices and listed buildings all became vacant. In Partnership with Galliard Homes, Frogmore worked up a planning consent for conversion into 427 flats, and 170 new build flats (totalling 121,678 sq ft of residential space) and 36,950 sq ft of restaurants, shops and commercial space. All flats were sold and lettings included All Bar One, Bar Med and Fish. After 3 years negotiating with the Highways Department, consent was also obtained to peninsualise the site for the redevelopment of a 300,000 sq ft office building. This was called in by the Secretary of State and ultimately was developed as the Westminster Park Plaza Hotel.

Butlers Wharf, Shad Thames

Butlers Wharf, Shad Thames

Butler's Wharf was built 1871-73 as a shipping wharf and warehouse complex, accommodating goods unloaded from ships using the port of London. It contained what was reputedly the largest tea warehouse in the world. In 1972, along with the rest of the docks, the area fell into decline. In Partnership with Galliard Homes, Frogmore created a new masterplan for the 11 acre estate which included 800 new high class residential units, 50,000 sq ft of commercial space and 1,200 car parking spaces. A central piazza is the main focal point of the complex. The main road though the wharf, the strangely-named Shad Thames, still features the overhead goods gantries that once linked the warehouses together.