We often act for property traders who maximise value, in the short term, in various ways including:
- Sub-selling
- Obtain planning permission to enhance value
- Use their experience to enhance value of properties by active management strategies
- Entering into joint ventures and commercial arrangements with landowners and occupiers
We understand the time-sensitive nature of many of these types of transaction and act quickly and commercially to enable our clients to achieve their aims in the desired timeframe.
Examples
We have acted on:
- Financing and purchase of a commercial site in Bromley for £13.35m, including the re-gearing of a lease and subsequent sale of half of the site nine months later, with the remainder of the site to be sold with the benefit of planning permission when obtained.
- Exchanging contracts to purchase a hotel whilst agreeing an occupational lease and an onwards sale agreement, to complete simultaneously with the original acquisition all within a tight timescale.
- Acquisition and financing of an office park in Bracknell for £14m in order to sell on with vacant possession and the benefit of planning permission.
