Anglo Lamron Plc - Offices Development - Bracknell, High Street

Date: 17 Aug 2000

Anglo Lamron Plc's £12 million redevelopment scheme of the former post office site in Bracknell High Street, has been granted planning consent by Bracknell Forest Borough Council.

The developer has been given the green light to create 2,890 sq m (31,000 sq ft) of offices and two A3 units plus residential flats. The Post Office Counters will also be extended.

Whitbread has already agreed a pre-let of the leisure space on a 25-year lease at a rent of £75,000 pa. The brewing giant intends to transform the former sorting office into a Hogs Head.

Malcolm McPhail, managing director of Anglo Lamron Plc, says: "We are expecting a huge amount of interest for the site because there is a limited supply of high quality office space available, and an increasing demand by occupiers for space throughout the Thames Valley corridor."

Construction of the development is due to commence in the last quarter of 2000.

Jones Lang LaSalle and Campbell Gordon are advising Anglo Lamron Plc.

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