A 1.8 acre (0.75 hectare) site consisting of light industrial buildings ranging between 2 to 4 storeys in height and used in the production of theatre props and set design. Planning permission was applied for the demolish of the existing buildings and to redevelop the site to create 164 apartments plus 19,000 sqft of retail and office space.
Retail and Office Space
Subject to Planning Land Deal
Exchanged
Planning Granted
Purchase Completed
Agreed Purchased Price
Purchase Costs
Costs to Planning
Total
Sold to Hyde Housing
Net Sale Price
Land Sale Profit
Exchange to Completion
Completion to Disposal
—
20th December 2013
25th March 2015
3rd April 2015
£10,650,000
£813,700
£1,814,000
£13,277,700
9th September 2015
£19,975,000
£6,697,300
15 months
6 months