The property was originally built in 1966 and is situated in Ealing Broadway, an affluent area of West London located only 8 miles west of Central London. Ealing Broadway has excellent transport communications with regular services to Paddington on the Great Western Main Line and regular services to the West End and City via the District and Central Underground lines.
The property forms an integral part of Ealing Broadway Underground station and comprises a c. 50,000 sq ft office building arranged over 10 stories to the North of the site with retail units at ground floor level. In addition, there is a 85 space surface car park located at Haven Green. The entire property is let to the BBC for a further 50 years.
Maxicorp is working closely with key stakeholders including Network Rail, Crossrail and Ealing Council to provide an architecturally outstanding major new Crossrail and Underground station at Ealing Broadway. Villiers House will become an integral part of the new Crossrail station and will benefit from a significant increase in commuter footfall. When the Crossrail line opens in late 2020 the journey time from Ealing Broadway to the West End (Bond Street) will be dramatically reduced to 11 minutes.
In the short term Maxicorp intend to enhance the office entrance and retail frontages of the property improving rental income. The property is a long term hold with a number of strategic asset management initiatives planned.