Bidwells advised M&G Real Estate on the funding of a new 10 storey 180 bedroom hotel with ancillary bar and restaurant in Central Milton Keynes. The hotel is pre-let to Premier Inn Hotels Ltd for a term of 25 years with a 20 year break clause at £1.026m per annum.
Bidwells acted on behalf of Barwood Capital, Advising on the acquisition, repositioning, and marketing of 252 The Square a 23,000 sq ft office headquarters in the context of the local and regional office market.
Unit B and C, Castle Wharf is a circa 60,775 sq ft office building of steel portal frame construction with basement, ground and three upper floors, which was constructed by our
client circa 1998. Bidwells successfully provided a dilapidations settlement on behalf of Charles Street Building Group.
Bidwells was instructed to act as the employer’s agent and contract administrator on behalf of B/S/H and oversee the project delivery. The instruction also included undertaking a similar role to manage a coordinating refurbishment in Dublin.
Bidwells was instructed to provide design, project management and contract administration advice to separate the this iconic central Milton Keynes building into two lettable areas to provide commercial use.
Following Bidwells’ previous involvement to faciliate the sale of the building, we were instructed to gain permission for a fourth floor extension and the addition of fifth and sixth floors to accommodate an additional 24 apartments already secured under a change of use from office to residential, secured under prior approval.