Investment with development potential

This 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 at the point of sale to four tenants, the site produced £92,000 per annum, and had the benefit of an additional vacant office suite with a rental value of approximately £12,000 per annum.

Instructed on behalf of a major City-based investment fund, we employed a high profile 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 bought with the intention of negotiating new leases with the existing tenants, letting the vacant space and retaining the property as a long term investment.

We urgently require similar income producing investment instructions for disposal, and hold an ever increasing database of genuine cash buyers with an acquisitive appetite.