Case Study: Lascar Works

LOCATION: 223-227 Staines Road, Hounslow TW3 3JL
SECTOR: Providing land promotion, residential and industrial space
VALUE: The end project value of these assets was £150m

In order to undertake this complex and highly sensitive process a joint venture was developed with Teesland IDG to form Howard Teesland Ltd.

Howard Teesland Ltd undertook remediation works on the 6.5 acre site to remove asbestos, hydrocarbons, Toluene and Japanese Knotweed.

Simultaneously, a project team including Hamiltons Architects and EC Harris was assembled to prepare a masterplan and a detailed planning application for a mixed-use residential and industrial scheme.

An application was submitted to the London Borough of Hounslow and planning consent was granted. A sale of the 4.6 acre residential site to A2Dominion was completed working in partnership with Hill Partnerships. The remaining two acres were acquired by Howard Group and subsequently sold to Ambit and Kames Capital for the development of the Hounslow Trade Park.

The key project objective was to secure the best possible return for the executors and beneficiaries of the estate, which included Corpus Christi College and a well-known independent school.

Howard Group is an established and successful property and capital investment business based in Cambridge with interests throughout the South East.