A stunning 60,000 sq.ft. freehold former town hall sold to a client of Allied Property and exchanged within 4 days from inspection (and within 48 hours from receipt of documentation). Allied Property Investments were instructed directly by the vendor to market the property which was eventually sold to our client on an unconditional basis. Although the building currently has a Sui Generis use and is Grade ll listed our client is confident they will eventually gain planning for a hotel / hostel / co-working / co-living concept with bars and restaurants etc.
Allied property have many buyers for unconditional deals. In these types of transactions our clients use 100% cash funds for purchase and are often able to pay more than the existing value in the hope of achieving future gains. We constantly seek unconditional deals throughout the UK for future residential / commercial / student and hotel development.