Hyundai have put their share of the Alfa Laval site on the market for around £20m. The site has consent for a car showroom development and a large digital advertising board.
The consent is the latest in a series for the site, which has been vacant and derelict for well over a decade, but remains a major opportunity on the Great West Road. Before Hyundai obtained consent for their car showroom led development, Concept obtained consent for a Sir Terry Farrell designed scheme including a 13-storey office building, capable of accommodating around 540 workers. It also included landscaping, including green walls and trees, and a ground floor retail or cafe space.
Prior to this a number of owners tried a number of mixed use schemes involving homes and hotels as well as commercial accommodation. The homes have now been built, but the tower remains empty.
Avison Young and TT&G Partners have been instructed to sell the freehold interest for the site, which still contains the original Alfa Laval tower, being sold in shell condition and potentially providing around 67,000 sq ft across 12 storeys on a 0.25 hectare site.
The site is allocated for mixed use development as part of the wider Alfa Laval site.