Regal House

Being one of the highest buildings located adjacent to Twickenham Railway Station with commanding views from its upper floors it is a very well-known landmark to many yet the building and its fabric were reaching the end of its design life, rentals returns, and market interest was dropping as a result. The professional team was commissioned by Aviva Investors on behalf of Aviva Investors Pensions Ltd to produce a Feasibility Study for reversing this trend and to protect the value of the property and current income stream from a largely multi-let building.

The consultant team collectively worked to offer a selection of five solutions which, with varying degrees of intervention, sought to address tenant concerns and protect the asset value. Each option becoming more and more intrusive had a capital cost apportioned to it, so as to bear in mind and balance this with onward life cycle costs and the potential of increased net internal area.

One such solution was to replace and redesign the façade which, not only improved the thermal efficiency of the building and hence daily and lifecycle costs, would present a new image to improve marketing potential but, in so doing, would release an extra 6,900sqft of the lettable area dramatically improving Net: Gross efficiencies thereby making its own argument for refurbishment alone.