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LSH finds new regional home for residential developer Annington at Cranfield

National commercial property consultancy Lambert Smith Hampton (LSH) has found a London-based residential developer a new regional home in Bedfordshire, providing a more central location for the company to operate from.

wantspacegotspace.co.uk - LSH finds new regional home for residential developer Annington at CranfieldAnnington, one of the largest private owners of residential property in the UK, has signed a 10-year lease - with a break option in year five - for 4,000 sq ft of ground floor office space at Derwent House.

Derwent House is a two-storey detached office building located in Cranfield University Technology Park, Cranfield, Bedfordshire. The property has a high specification throughout and sits within an attractive, mature landscape with generous parking facilities.

LSH’s Milton Keynes office acted on behalf of Annington Homes to acquire its new office space, as well as providing building consultancy services.
Holly Dawson, associate director at LSH, said: “Annington Homes has relocated its regional office from the village of Warmington in Peterborough to Cranfield in Bedfordshire. The move allows the company to have better access to its UK-wide portfolio.”

Sally Parsons, property director at Annington Homes, said: “As we operate across England and Wales, we needed an office with strong transport links to our head office in central London and the national motorway network. Derwent House is centrally located and provides the connections we were looking for.
“LSH sourced a few potential properties in the area but Derwent House was the most suitable. The agents’ wealth of market knowledge ensured we secured favourable rent terms.”

LSH is a national commercial property consultancy that works with investors, developers and occupiers across the public and private sectors, and it is single-mindedly focused on UK and Irish property markets.

Annington became one of the UK’s largest private owners of residential property following the purchase of 57,434 homes from the Ministry of Defence (MoD) in 1996. They have since invested time, money and expertise to regenerate thousands of these homes and return them to the national housing stock. To date, the company has helped over 17,000 homebuyers, many of which were first time buyers and key workers.

Posted by The Editor (wantspacegotspace) on 13th April 2013 (updated 15/04/2013)

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