We have been kept very busy in recent months selling commercial and mixed-use investment opportunities, and particularly those that are income producing with longer term development, or active management potential.
This particular property comprises an office building and two warehouses across approximately 0.3 acre, and forms part of an island site close to the O2 Arena. Part-let to four tenants, the site currently produces £92,000 per annum, and has the benefit of an additional vacant office suite with a rental value of approximately £12,000 per annum.
Instructed on behalf of an investment fund, we employed a national marketing campaign and generated a number of offers for the freehold interest.
The property was sold to a private investment company with a considerable portfolio in the Greenwich area. The buyer intends to negotiate new leases with the existing tenants, let the vacant space and retain the property as a long term investment.
We urgently require similar instructions to dispose of income producing investments, and hold an ever increasing database of genuine cash buyers with an acquisitive appetite.
Please contact our offices for a free market appraisal.
