Retail and Office Space

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.

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