Chigwell Development Site Sold
The earlier our team can become involved in a project, the more opportunity we have to add value and ensure that decisions are taken which maximise potential.
Following the unconditional acquisition of this former retail parade by our clients Landhold Developments, Kingsbury provided on-going valuation and asset management advice whilst our clients secured planning consent to redevelop the site.
This property occupies a prime position directly opposite Chigwell’s Central Line station and benefits from consent for a new build scheme 13 luxury apartments for private sale, along with retail space and car parking.
Following a comprehensive open marketing period, contracts were exchanged with an overseas developer at a price in excess of our £3,000,000 guide, with our clients retaining the newly built retail unit as part payment for the site.
If you are considering acquiring a property for redevelopment and would like to see how we can add value, please contact a member of our team.
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- Sold for £3,250,000
- 181 High Road Chigwell Essex IG7 6NU
- Mixed use site of 0.27 acres
- Planning permission for a new 4-storey building for 13 apartments
- Affluent Chigwell area
- Final sale value in excess of guide price
We use Kingsbury for pre acquisition advice and for disposals. They have a thorough knowledge of the London market, know whats going and know how to maximise the value of property related assets.