On behalf of a developer client, we have recently acquired the freehold of a former chemist with vacant possession in the affluent London suburb of Putney.
Located in a busy local parade immediately off the A205 South Circular and in close proximity to a mix of local retailers and national multiple occupiers including Tesco Express, Ladbrokes and Brewers Decorator Centres, the property was secured by our client amidst competitive bidding.
An agreement For Lease was exchanged with a national multiple retailer during the agreed acquisition due diligence period, and the client is now in the process of undertaking works to both the shop unit and a vacant 2 bed flat above to prepare the property ready for occupation.
Similar assets are always sought so please contact me with any similar opportunities.