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Colliers International sells Horton Wharf, West Drayton, London, for over £10 million on behalf of Danescroft Land

Colliers International’s Residential Development team has completed the sale of the Horton Wharf, a 1.28 acre site in West Drayton, on behalf of Danescroft Land, to Shepherds Bush Housing Association, for £10.125 million. The former printing press has planning consent for 87 apartments and 110 sq m of retail space.

The scheme, which borders the Grand Union Canal, was designed by award winning architects BPTW Architects. It is supported by strong transport links to both Central London (21 minutes into London Paddington) and the South of England and the imminent Crossrail station also lie in close proximity. The surrounding area comprises primarily of established and new build residential accommodation, green parks and open spaces.

Andrew White, Director in Colliers International’s Residential Development team commented: “Average house prices in West Drayton have risen by 62 per cent over the last five years and outperformed the

Greater London average by 7.4 per cent over the past 12 months. It is forecast that West Drayton will experience some of the greatest price increases of any station along the Elizabeth Line. The site is situated in an ideal location, able to benefit from great transport links and prominence in an area that has undergone significant development in the last five years so Horton Wharf is a great investment.” 

Cushman & Wakefield jointly advised on the sale.

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Andrew White

Head of UK Residential & International Properties Asia

Residential - Development

London - West End

Andrew heads up the UK Residential & International Properties (Asia) Department at Colliers and is a specialist advisor in residential and mixed use developments.  He has been involved in some of the largest and most complex sites within the U.K.

The Residential Department at Colliers comprises a market leading  team of  surveyors and advisers who focus on London, The South East and the Regions, advising  clients on their options for maximising value for their assets, including planning, development consultancy, Build To Rent, investment and disposal strategy and New Homes & Project marketing, both in the UK and Internationally.

Andrew has worked in the sector since 1994  having started his career with a large multinational real estate agency, then running his own land agency for 8 years before joining Colliers in 2013. He has advised government bodies such as the NHS, as well as family businesses, funds, charities, developers and companies on their strategy for disposal of their land holdings and property assets.

Clients include, Legal & General, the NHS, Royal London Asset Management, The Diocese of London, London Square, Telereal Trilium, Threadneedle, Aberdeen Standard, Greggs, Rexel and PSA Group as well as other large corporate landowners.

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