Property conveyancing method is easy and simple to perform if hired conveyancers
The marketing of the 7,785 sq metre (83,800 sq ft) multi-let investment by Jones Lang LaSalle, generated strong competitive interest and resulted in close to £200 million of offers from a variety of bidders. Oriel House, 16-18 Connaught Place, London W2 is situated just to the north of Marble Arch in London's West End. The 1980's development comprises two adjoining office buildings providing, well specified accommodation let to tenants including Lex Services plc and Akzo Nobel subsidiary, International Coatings Limited. Rents in the building range from £10-£44 per sq ft with recent lettings concluded at around £30 per sq ft. The majority of income is secured for approximately 10 years.


Subject to planning permission, Stannifer Hotels has purchased 2.5 acres of development land at Northampton Business Park for a 106-bedroom Holiday Inn Express hotel. Commenting on Stannifer's anticipated arrival, Receiver for Northampton Business Park, Robin Addy from PricewaterhouseCoopers said, Stannifer will be a welcome addition to line-up of occupiers already in residence at the Park.

There are now over 3,500 staff working at Northampton Business Park and the Stannifer hotel will provide a much-needed on-site bar and restaurant facility. Guardian Properties and Morgan Grenfell have let Unit 11, Castle Meadow Retail Park, Nottingham to Furnitureland. The property totals 1,500 sq m (15,000 sq ft) and has been acquired on a 20 year lease at a rent of £310,000 per annum.

Simon Allen, Property Director, Furnitureland Ltd comments: Nottingham has always been a top requirement for Fumitureland and we are very happy to have secured such a well configured unit on the prime retail park. Conveyancing process is tough and lengthy to perform and if you are a new to this field of real estate then it is necessary to hire a conveyancer who will deal with your process.

Allport Freight Ltd, one of the country's leading specialist computer delivery organisations, has agreed a prelet of 5,852 sq m (63,000 sq ft) of business space at MEPC's Axis Park in Sutton Lane, Langley, near Heathrow Airport. MEPC will be developing a bespoke building for Allport to accommodate their rapid growth. Designed by architects, Scott Brownrigg and Turner, the development has a 12% office content with 7 loading docks and will be completed by Christmas 1999.

Westminster Council has given the go-ahead for the transformation of a key one acre island site, located midway between Berkeley Square and Piccadilly, into 24,628 sq m (265,000 sq ft) of modern Grade A office and retail space. The first phase will consist of an extensively refurbished and extended building, behind a retained facade, comprising 14,405 sq m (155,000 sq ft) of office space on eight upper floors and 3,717 sq m (40,000 sq ft) of ground floor and basement level retail accommodation on Berkeley Street.

This phase will get underway in July 1999 with completion scheduled for Autumn 2000 while a newly built 6,505 sq m (70,000 sq ft) office building on Stratton Street will form the second phase. Welcoming the decision, John Anderson, Burford's Chief Executive, said: The Berkeley Street refurbishment will be one of the West End's most striking office developments as it will feature a spectacular 60ft wide entrance and rooftop offices with floor-to-ceiling glazing and terraces overlooking Mayfair.