We were instructed to act on behalf of a private client to sell this multi let office building. We identified the opportunity to convert to residential and add extra floors, we commissioned an architect’s study to explore this potential so that this could be demonstrated to potential buyers.

Following comprehensive marketing we identified a suitable purchaser and sold the property for £16.55M, reflecting a net initial yield of 4.4%, to a residential developer who planned to convert the offices to apartments and added additional residential accommodation. Our client realised a significant profit.