Investment & Commercial Property
Commercial Property
We are responsible for the development of policy and strategy for commercial asset use and for reviewing the use of council property holdings to ensure best use of property assets. A specialist service is provided to all departments across the council, including the maintenance of the council's asset register, valuations, property acquisitions, and disposals, together with the collection of rent from the commercial portfolio. The latter comprises retail, industrial and business units, sports grounds and other assets in leisure use.
The commercial portfolio is managed by the property management team’s outsourced contractors, Avison Young.
Property Information Overview
- We only have a limited amount of property available to rent.
- There are currently no plots of land identified for disposal
- All council lettings and sales are open to market value
- If a council property becomes surplus to requirements, it will be sold either by tender to the highest bidder or at public auction
Commercial/Investment Property Portfolio
- Retail – We have a limited amount of retail properties mainly located on or close to residential estates. Please contact our managing agents, Avison Young on 07984 179 876 robert.reeve@avisonyoung.com to check availability
- Industrial units/offices – Derby Road Industrial Estate is the only industrial estate owned by Hounslow council. Please contact our managing agents, Avison Young on 07984 179 876 robert.reeve@avisonyoung.com to check availability
- Western International Market – Wholesale Market located close to Heathrow Airport. Please contact us at wim@hounslow.gov.uk or the Market Management Suite on 0208 583 2160 to check availability
Redevelopment Opportunities
Hounslow Council has recently been involved in some major redevelopment sites; Hounslow High Street Quarter and Brentford High Street. If you would like to discuss new redevelopment opportunities please contact Sam Tilby, Investment Property Manager on sam.tilby@hounslow.gov.uk
Private Property Compulsory Acquisitions
We can acquire land and buildings through compulsory purchase orders (CPOs) where they are required for the general public's benefit.
Private Property Voluntary Acquisitions
Local authorities may acquire land and buildings offered to them if there is a need for them to do so.
