Neptune buys in Alperton

Salthouse_dock Neptune Developments has bought the 60,000 sq ft B&Q store on Ealing Road in Aplerton, just outside Park Royal, from Axa.

B&Q have a lease on the site until 2014, at £871,000 pa. The property is not open though, its most recent known use was by a charity organisation routing unwanted computers to Africa.

Neptune are a mixed use regeneration specialist, typically developing in urban sites with a significant amount of public realm or community facilities, such as the Mann Island site in Liverpool (pictured). It’s understood their plans for the Alperton site involve a significant residential element.

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