Residential & Commercial
Vectis Property Group owns a mixture of residential and commercial assets totalling approximately 15 freehold properties. The company invests in retail and residential opportunities and looks to refurbish residential properties for letting purposes. The commercial onus is on secure income to good covenants in affluent locations whilst the residential emphasis is on mixed size flats in popular letting positions.
The prime restaurant and office building was acquired in May 2017. The property comprises a basement and ground floor restaurant let to Pizza Express to December 2020 and provides 2,077 sq.ft of accommodation.
The building's upper parts comprise 3 floors of office space sold on a long lease. Potentially they afford scope for asset management enhancement in the future.