17th January 2012
John Somerville
Contents
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Before
- Grade II * Listed building full
- Low levels of maintenance
- Poor covenant low grade occupational tenancies
- Low service charge recovery
- Low net rent to gross rent ratio
- LPA Receiver appointed
- Less than 40% occupational level
The R H Remedy
- Mixed use regeneration scheme and upgrade
- Grant funding and investment
- New lettings and new occupational mix
The Present
- Award Winning Flagship Regeneration Property
- 70 Apartments
- Leisure Complex
- 60,000 sq ft Business Centre
- 70.000 sq ft offices
- 20,000 sq ft shopping village and craft centre
- Planned maintenance regime of space occupied
- 86% occupation level with over 35% by blue chip tenants
- Rent roll increase of over 400%
Please contact our expert team.
