Epping Portfolio Sold
The majority of our deals are transacted “off market” where our team’s intimate and up to date market knowledge, enables us to quickly match the requirements of buyer’s with the motivations of seller’s.
Following the sale of a business, we had a requirement from a private investor to reinvest cash into property assets, particularly within the town of Epping. Having previously provided advice to the owners of a portfolio of 11 shops and 15 houses and flats within a circa 1 acre estate on the High Street in Epping, this seemed to be a perfect match.
Terms were quickly agreed, and contracts exchanged at a price of £8,700,000 which reflects an initial yield of circa 6% and offers a wealth of asset management and development angles which will keep the new owners very busy!
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