London, Aug. 06, 2006
Ashok Gupta
NRI Gopichand Hinduja, billionaires have made an
offer of about £60 million for the Crown Estate
(Queen Elizabeth's property), a former head office
in Carlton House Terrace, near Buckingham Palace.
The Crown Estate, includes many of Britain's finest
buildings, ancient forests, farms, parkland and coastlines,
which has a £6 billion property portfolio managed
for the Queen by a board she appoints with the Prime
Minister, moved out of the sumptuous John Nash building
and into purpose-built offices in Mayfair this year.
"It can return to residential userather than
office use, would be the preferred option for the
property. The sale could be highly contentious as
the businessmen plan to convert the 19th-century building,
which overlooks The Mall and St James's Park and was
commissioned by King George IV, into exclusive flats"
said spokesman
There is possible sale of numbers 13-16 Carlton House
Terrace with Kash Chandarana, a senior negotiator
for the Hindujas, who already own properties in the
terrace.
This property is exceptional property which include
residents such as William Gladstone, the reforming
Victorian prime minister, and Weetman Dickenson Pearson,
the 1st Viscount Cowdray.
