Hemel Hempstead, Maylands Point

Maylands Point, Maylands Avenue, Hemel Hempstead, HP2 7DF

Overview

In competition, Chancerygate secured a mandate from Orchard Street Investment Management to provide redevelopment advice and then deliver this 58,000 sq ft institutional quality scheme in 2 units.

Chancerygate secured the letting of unit 1 to Selco prior to obtaining planning approval, resulting in the project being 60% pre-let.

Unit 2 was speculatively built and pre-let at the final stages of construction to Elliot Baxter.

The development was delivered 100% pre-let, on time and within budget.

Site Layout Plan

Site layout plan

Specification

Investor
Orchard Street Investment Management LLP

Chancerygate role
Development Manager

Total Size
58,000 sq ft

Units
2

Development value
£10m

Contractor
Parkway Construction

Architect
Graham Langley Associates

 

 

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