Chester Properties sell last building on Stockley Park

Chester Properties and Carval Investors have sold 3 Roundwood Avenue, a 43,110 sq ft refurbished prime headquarters office building in Stockley Park, to Spelthorne Borough Council. The property is the fourth on the park to be sold recently by Chester and Carval. 

The building is located close to the amenity centre at the entrance to Stockley Park and was comprehensively refurbished and subsequently let. The tenants are air freight and logistics group Cargo Logic, for whom the proximity to Heathrow is strategically important and to Verifone, a leading electronic point-of-sale payment systems provider, who is re-locating its UK head office from Cowley Business Park, Uxbridge. 

Chester Properties and CarVal Investors were delighted to complete the sale, which marks the end of their successful involvement with Stockley Park, which has see the acquisition and refurbishment of 180,000 sq ft of offices in four separate buildings. Following refurbishment each building has been successfully let at record rents for the Park and subsequently sold.