Client
Private Client
Role
Asset Manager and Corporate Service Provider
- Purchased in 2017 for £4.5M from an institutional asset manager
- Undertook comprehensive c. £1.9M two phase refurbishment and upgrade programme of all vacant office accommodation and common parts including the addition of new basement WC, shower and changing facilities
- Re-branded the property and all marketing material
- Implemented significant service charge efficiencies whilst implementing extensive planned preventative maintenance work
- Within first 21 months secured 7 new lettings totalling 14.4K sq ft
- Sold for £9.6M, 9 months ahead of Business Plan timing