11/05/2019
A 12 o’clock deadline and we submitted the offer at 11:58.
A tremendously busy few weeks working on a bid and offer for this beautiful building in . It is currently owned by a charity and took some careful planning to maximise the space.
As always there were some issues I spotted which gave this deal a significant upside (I shall reveal all once I find out if I am successful, but those who know me know I look for issue which can be solved to create upside). This has also created such a profit margin we have provisionally secured 100% funding for purchase and build. If you show the skill and eye for detail in the deal it proves attractive to significant investment.
The plan is 14 high end units with basement excavation to create some magnificent duplex appartments as shown by the initial plans and pictures.
A GDV of just over £5 Million and a 24 month project will keep me busy. Fingers crossed we are successful.