Development Opportunity – Mayflower House Armada Way Plymouth PL1
Off-Market Development Opportunity
- Off market
- Building held on a long lease for a term of 125 years from 4. September 2013 with Plymouth City Council being the freeholder
- Planning consent for demolition of existing building and erection of an 18 storey building comprising 490 student bedrooms and associated facilities, office accommodation and retail accommodation (use A1/A3)
- The property is within 0.3 miles of the University Campus
- Valued in 2019 at £5.3m
- OIEO £4m.
We will require a buy side fee.
Where we act as a seller’s mandate, we represent the vendors. Our clients wishing to sell their property off-market benefit from impartial advice and a personalised service tailored to their requirements and circumstances. More importantly, we offer sellers unparalleled access to qualified buyers and we ensure that we address the right audience.
In order to achieve the best possible sales result, your property is presented to individual and corporate purchasers, whose buying behaviour and buying power can be backed by a Letter of Intent (LOI) and Proof of Funds (POF). We will provide vendors with professional support throughout the entire process and beyond, including RICS valuations, coordinating viewings, assessing incoming offers, and protecting your interests during sales negotiations.
For further information, luxury property, off-market, off-plan, developments or investments, marketing or help finding your next property please contact us anytime.
Office: +44(0)330 2236988
#investments #developments #residentialdevelopments #residentialinvestments #trellows #trellowsinvestments