Large Two Storey Investment Property Successfully Sold

Knightsbridge Business Sales have successfully sold a large two storey property to private buyers as a planned investment.

The property, located in East London, was sold for £380,000 after Knightsbridge managed to generate plenty of interest. A total of 16 viewings and 4 offers were made before being sold, displaying the business as an incredibly sought after opportunity. The mid terraced property consists of a lock up shop on the ground floor and a 2 bedroom flat above in a densely populated residential area.

Knightsbridge negotiator, Alexandra Greenwood commented on her relationship with the client, stating that it was both ‘strong and lovely’.

Knightsbridge announces successful sale of Lancashire based Investment property, Union Mill

Located in Rossendale, Lancashire, Union Mill has been under the ownership of our clients for many years, seeing ongoing investment ever since.

The substantial stone mill building is now tenanted by 24 individual occupiers and attracts an annual rent of £61,332 per annum. These individual units are a mixture of office spaces, storage bays and dedicated partitioned units; with occupiers utilising these for a multitude of uses such as storage, art studios and manufacturing areas. This diversification of industry types, and our clients’ flexible approach to letting space, has meant that the mill has been almost fully occupied at all times.

Our clients advise that any units that become vacant are quickly filled as there is a small waiting list of potential tenants waiting for available flexible space.

The business was sold in August 2014 and Samantha Wright who negotiated the deal on behalf of our clients was delighted that a deal could be agreed, giving the vendors the exit strategy they had wished for.

Investment Property in Wolverhampton Sold by Knightsbridge

Occupying an excellent trading position within the busy Bank Street Industrial Estate in Wolverhampton, one of a dozen units, this 2,000 square foot premises comprises a single storey lock-up with an administration office and an open floor space covering approximately 1,200 square foot, which with a three phase electricity power supply, could be used as a site for industrial machinery.

Offering enormous scope for redevelopment and with discussions already in place for obtaining planning permission, the empty premises attracted the attention of private buyer Manny Gahir whose interest was to convert the property for alternative usage.

Leanne Boulding, a senior Sales Negotiator for Knightsbridge Business Sales who handled the sale, advised that the property attracted significant interest from prospective buyers, with 9 viewings and 4 offers in total. Leanne commented that she was pleased to complete the deal for our client within 12 months of coming to market with Knightsbridge, allowing our client to focus on alternative commercial interests. 

Knightsbridge Announce Sale of Two Investment Properties in Leigh

Knightsbridge are delighted to announce news of this whirlwind deal which completed on the 5th July 2013, less than 3 months of the business coming to market.

The opportunity is comprised of two substantial investment properties on the main route into Leigh town centre, with easy access to the M6 and A580 towards Manchester and Liverpool. Surrounded by local businesses, the area has been boosted by the recent major redevelopment of the town, including a new leisure complex and two new supermarkets nearby. These tenant occupied premises present significant potential for development or renovation, with scope for conversion of the site into apartments or a guest house.

Leanne Boulding, the sales negotiator responsible for the swift sale, advised that she was delighted to receive an offer after the very first viewing of the business from Mr Ali of Family Welfare Trust, a social welfare charity based in Bolton. This was agreed and the business was sold in less than 3 months, allowing our client a quick exit in order to relocate abroad.

Staffordshire based Investment Property Sold

Knightsbridge have successfully sold Select and Save, an Investment Property in Litchfield, Staffordshire, to Mr Khaliq, a private buyer for £275,000. 

The substantial premises, located in a residential through road to the town centre, have attracted excellent interest throughout, with an outstanding 15 viewing requests in the first week on the market. The sale completed in July, after only 4 months of being on the market, due in part to the buyer supplying all information requested in a timely manner. 

Mr Khaliq plans to trade within the substantial property, which offers spacious three bedroom accommodation at first floor level, a large shop floor, ancillary stock rooms and a large rear garden. Handling the sale was negotiator Samantha Wright, who would like to wish both parties all the best for the future.

Wirral based Investment Property Sold

Wirral based Investment Property, Enigma has been sold by Knightsbridge in a speedy transaction, completing in May 2012. 

Situated on The Broadway in the middle of a busy parade of shops, the spacious premises, with planning permission for a restaurant already in place, attracted the attention of buyer Helen Goodbody, via a “For Sale” board. 

Manager Gemma Moss on the negotiation team emphasises the positive response that having a “For Sale” board can bring, with greatly increased levels of interest, and hopes to see more clients considering this option in the future.