Modest refurbishment programme of commercial and residential.
Project Description
More Information
A mixed use building in a good location that has been poorly managed.
- Opportunity identified to add value by securing vacant possession of the shop and flats.
- Planning obtained for A3 use.
- Modest refurbishment programme of commercial and residential.
- A pre-let of the shop was concluded with 5A1 covenant Wickes for 15 years at an initial rent of £90,000p.a.
- The upper parts were refurbished and four flats sold for owner occupation on completion.
- GDV circa. £3.5m.
Project Details
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Location:
London - Muswell Hill
