CASE DETAILS

Client Objective

The property at 20–22 High Street, Leatherhead, comprised a retail unit with residential upper floors (sold separately) and was let to William Hill on a lease with four years remaining. The client’s objective was to acquire the property with a view to regearing the lease in the medium term, securing a stable income while creating potential for future value enhancement.

A key challenge in securing this investment was the competitive market environment. We acted quickly, submitting a bid before the agents went to best bids, leveraging the client’s reputation and liquidity to establish a strong relationship with the selling agent. This approach enabled the deal to be agreed swiftly, avoiding a prolonged bidding process and mitigating the risk of losing the asset to competing buyers.

Our Approach

Our strategy involved early sourcing of the property, allowing the client to undertake thorough due diligence ahead of the market. This proactive approach ensured that all legal, financial, and market considerations were addressed before the transaction was completed, giving the client confidence and certainty.

The outcome was highly successful. The client secured the property at a yield of 7.75%, guaranteed for the next four years, providing a stable income stream and positioning them well for the medium-term lease regear.

A notable aspect of this transaction was the combination of early market engagement and strong client-agent relationships, which enabled a competitive deal to be agreed swiftly. This proactive approach highlights the value of speed, reputation, and due diligence in securing high-quality investment opportunities.

Case Study

Croydon Road, Beckenham

Croydon Road, Beckenham

Our client owned a mixed freehold investment on Croydon Road, Beckenham, comprising a tenanted retail premises on the ground floor and two long leasehold flats...

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