South London investment opportunity snapped up by local business
Specialist business property adviser, Christie & Co has completed the sale of 47 Station Approach in Hayes, within the South London Borough of Bromley.
Ideally positioned along a parade of local shops opposite Hayes railway station, 47 Station Approach was sold as a mixed use investment opportunity to Zacks Properties Ltd, a local construction business.
The property comprises a ground floor retail unit, a separate first floor, a two-bedroom residential flat and a single-storey storage and workshop building to the rear, which offers potential for future conversion.
Nick Bywater, Director – Retail Investment and Valuation at Christie & Co brokered the deal and comments, “There was strong demand for the property from local investors and owner occupiers, with multiple offers that resulted in a sale at above the asking price. This demonstrates that there is still good demand for retail investments in low-risk, affluent neighbourhood locations, where occupancy levels are high. I am currently marketing a similarly low risk convenience store investment opportunity in the thriving village of Clophill, Bedfordshire and encourage interested parties to get in touch as soon as possible!”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Manager
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
Nick Bywater MRICS, Director – Retail Investment and Valuation
P: +44 (0) 7526 176 388 or E: nick.bywater@christie.com
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