Freehold retail unit with residential upper parts sold to a charity client of Allied Property prior to marketing.  The purchaser exchanged contracts within 48 hours of inspection and completed 3 weeks later.  The building has tangible opportunity to add an extra floor and to extend to the rear to increase both residential and retail areas.  Once developed the building will be held by the charity for long term investment.

Allied property act for a number of charities, not for profit developers and housing associations.  We are constantly looking for buildings with development potential on behalf of these clients who have reasonable profit and yield aspirations and who take long term views on the market.