Developer Chancerygate and impact investor Bridges Fund Management have sold Harlequin Business Park in Hayes, West London, to property investment firm Ableprop.
Harlequin Business Park is a 90,000ft² of sustainable urban logistics development that comprises nine leasehold Grade A units ranging from 5,100ft² to 39,700ft².
The scheme achieved practical completion in early August this year. All values relating to the transaction are undisclosed.
The development features electric vehicle charging points with the ability to add more based on future requirements.
In addition, all properties feature air-source heat pumps and solar panels on their roofs which provide affordable green energy to run the buildings.
The units are also constructed from high-performance insulative materials with controlled air tightness which reduces CO2 emissions and increases energy efficiency.
These features have enabled the scheme to achieve an EPC ‘A+’ and BREEAM ‘Excellent’ rating and will support it being a net zero carbon for regulated energy scheme.
Chancerygate development director, Tom Faulkner, said: “Harlequin Business Park will meet the growing demand from occupiers in the West and Greater London area for flexibly sized, high specification accommodation with strong sustainability credentials.
“Its strategic positioning near established industrial locations and key infrastructure connectivity enables occupiers to serve markets easily throughout the locality and the wider South East region.
“The sale of Harlequin Business Park to Ableprop also evidences how our product’s characteristics and strategic positioning is attractive to both investors and occupiers.”
