Hatfield Business Park

WMG has acquired for one of our core clients H.R. Owen, a 5.46 acre (22,115 sqm) freehold site in Hatfield Hertfordshire.

We are overseeing all aspects of the transaction including the appointment of professional firms, financing, legals and development management. We are managing the construction of a total of 280,000 sq ft (26,000 sqm) of car showrooms, workshops, offices and 2 storey (above ground) secure parking facility. This is a project with a GDV in excess of £50m.

Rolls Royce Car Showroom

Rolls Royce vacating their existing premises, H.R. Owen had been seeking suitable alternatives for some time but the availability of suitable premises within Mayfair is extremely scarce.

WMG sourced an off-market site for Rolls Royce for a flagship car showroom in Mayfair through our network of property connections. WMG identified and engaged directly with the property landlord to achieve a period of exclusivity to prevent the property from being openly marketed and ensured their support for H.R. Owen to replace the previous occupants (Sainsbury’s). WMG negotiated a highly complex series of legal documents and identified and advised H.R. Owen on all commercial risks and mitigants and led negotiations with all relevant parties including the landlord, the agents acting for the landlord, the agent for Sainsbury’s, planning consultants and lawyers, and supported H.R. Owen in its strategy for gaining planning consent. Simultaneously WMG identified and analysed other potential sites as a backup.