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.
Vectis formed a joint venture partnership with several Swedish investors and acquired its first asset in May 2017 comprising an attractive retail and residential investment situated on a
prime position on Westbourne Grove.
The retail premises are let to the French high-end fashion retail chain, American Vintage to June 2030.
The upper parts comprise of three small apartments, two currently let on AST tenancies, with one sold off on a long lease.
The building totals 2,495 sq.ft. and offers asset management potential through the acquisition of the flats and partial refurbishment.