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.
A second joint venture acquisition was completed in September 2017. The property occupies a prominent corner position on a principal retail pitch close
to Clapham and Wandsworth Commons.
The retail unit is let to Gail’s Bakery.
The upper parts comprise a vacant
2-bedroom flat which will be refurbished, and planning consent for the construction of a further 2-bed apartment over the rear extension has recently been granted. The project will start in November 2018 with an anticipated 9-month completion period.