Aigburth residential investment sold above asking price

Published on: 21st February 2017

Acting on behalf of Duff and Phelps, our Manchester team has sold a freehold residential investment in Aigburth, Liverpool.

The Victorian property, located on Alexandra Drive, comprises of ten apartments, and was sold to Helena Partnerships for over £815,000.

Craig Watson, property advisor in our Manchester asset advisory and recovery team said, “We are pleased to have completed the sale of this residential investment in excess of the asking price. The price we achieved reflected the property’s location in an affluent suburb of Liverpool, and a strong gross yield.”

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February Deals Update

Our strong end to last year has been followed by an equally strong start to 2017 with a number of deals being completed across our network of offices. In London, we have been involved in a number of deals, including the letting of a prominent corner restaurant in the heart of Chelsea to Baretto Lounge, a new Italian restaurant and aperitif bar. We have also sourced a number of showrooms in and around London for Magnet, the British kitchen retailer.

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Our strong end to last year has been followed by an equally strong start to 2017 with a number of deals being completed across our network of offices.

In London, we have been involved in a number of deals, including the letting of a prominent corner restaurant in the heart of Chelsea to Baretto Lounge, a new Italian restaurant and aperitif bar. We have also sourced a number of showrooms in and around London for Magnet, the British kitchen retailer.

[fulltext] =>

We were delighted to announce that City Point office building in Leeds reached full occupancy for the first time, after we let the second floor to Blacks Solicitors, on behalf of Redefine International. In addition we sold freehold office investment Hetton Court, in Leeds for over £2million while acting on behalf of Canada Life Investments.

We have also seen a lot of interest in the Grade I listed Leeming Building, once renovations are complete the iconic Leeds building will offer a unique collection of stylish workspaces.

Following the expansion of our nationwide lease consultancy team last year we were appointed by Co-op to provide lease consultancy services for its Yorkshire and North East region. 

In the North East we have been particularly active with our Teesside-based agency team assisting in the opening of Middlesbrough FC goalkeeper Dimi Konstantopoukous’ new restaurant on Linthorpe Road, Middlesbrough.

In Newcastle our office agency team were appointed as joint office agents on One Trinity Gardens, one of the North East's most desirable offices buildings. In Walkergate, Newcastle Upon Tyne our investment agents sold a property comprising a retail unit, car showroom and residential flats to Cairn Group.

In the North West we have recently completed a number of deals for Cheshire East. With the council looking to consolidate their assets we were on hand to complete a series of property disposals worth over £1.25million. Our Manchester agency team were also involved in the sale of a 4,912 sq ft office space in Altrincham business park.

Our asset based lending team assisted Matchmakers International Limited, by completing valuations and advisory work we were able to secure an innovative funding deal for the market leading equestrian business.

Our planning team have also welcomed in the new year with a number of successful jobs. In particular we obtained planning approval for the variation of a number of inconvenient conditions attached to a major leisure development in Bleadon, North Somerset.

At the start of 2017 we launched our specialist holiday and caravan park division and you can see a number of their recent deals here.

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Asset Advisory

With one of the country’s largest dedicated teams of surveyors and valuers, we have more than 25 years of experience in the corporate recovery and turnaround sector providing specialist advice on property, plant and machinery assets and corporate recovery and restructuring. Our teams react swiftly and effectively to all forms of recovery situations, whether these involve one local entity or multiple locations spread across a wide geographic area. We offer a full service from confidential, initial pre-formal insolvency appraisal, through formal valuation, to realisation of the assets via private treaty, tender or auction sale. Our partner led team act regularly as Fixed Charge and Law of Property Act Receivers, in relation to both property and plant and equipment. Contact Us

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With one of the country’s largest dedicated teams of surveyors and valuers, we have more than 25 years of experience in the corporate recovery and turnaround sector providing specialist advice on property, plant and machinery assets and corporate recovery and restructuring.

Our teams react swiftly and effectively to all forms of recovery situations, whether these involve one local entity or multiple locations spread across a wide geographic area.

We offer a full service from confidential, initial pre-formal insolvency appraisal, through formal valuation, to realisation of the assets via private treaty, tender or auction sale.

Our partner led team act regularly as Fixed Charge and Law of Property Act Receivers, in relation to both property and plant and equipment.

Contact Us

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Agency - sales & lettings

Our award winning property agents provide transactional services across the UK to owners, occupiers, investors and developers. Our agency teams specialise in regions and industries around the country, providing local insight and technical knowledge that's relevant to your business, property and location. We add value by offering commercially astute advice, and alerting you to the opportunities and threats that might affect your transaction. We'll also work with our property and building consultants to advise you on planning, valuations, business rates, dilapidations, building surveys, lease and rent reviews, as well as talk to our in house architects about any fit-out requirements.   Contact Us

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Our award winning property agents provide transactional services across the UK to owners, occupiers, investors and developers.

Our agency teams specialise in regions and industries around the country, providing local insight and technical knowledge that's relevant to your business, property and location.

We add value by offering commercially astute advice, and alerting you to the opportunities and threats that might affect your transaction.

We'll also work with our property and building consultants to advise you on planning, valuations, business rates, dilapidations, building surveys, lease and rent reviews, as well as talk to our in house architects about any fit-out requirements.

 

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