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Trellows Investments

Portfolio/ Development Opportunity – High Street, Wickford, Essex, SS12

  • Off market
  • Freehold
  • The property is currently let to Poundland on a lease that will expire in a little under four years from now.
  • The current passing rent is £76,500 p.a.
  • The lease is outside the Landlord/Tenant 1954 Act which means that the tenant will not have an automatic right to renew the lease. In the event of PP being granted then there is a potential for the following
    • change of use of the existing first floor – 3 units
    • upward extension 2 floors – 17 units

Selling price £2.4m.

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@trellows.com
investments.trellows.com

#investments #developments #residentialdevelopments #residentialinvestments #trellows #trellowsinvestments

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