Commercial & Development, Elstree 2017

This is an example of the type of phone call we love to receive. A local residential agent was instructed on a commercial building with development potential. They did not have the type of buyer for this building on their database and the owner did not want any internet advertising. So, knowing that we act for varying types of clients, they called us to see if we had any buyers looking for such an investment. As it turned out we did and we agreed to buy the building for £1.5m. Contracts were exchanged within 48 hours by our very motivated buyer. The buyers have since gone on to obtain planning permission for a retail shop on the ground floor and 10 residential units on the upper parts. Similar properties always required!