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 third acquisition in a prime position
of Notting Hill has been acquired on
Ledbury Road close to the junction
with Westbourne Grove. The property comprises a ground floor and basement retail unit let to the London based high-end fashion house ME+EM to September 2027. The retail premises offer very positive prospects for rental growth.
Accessed via a separate entrance is a
2-bedroom flat with roof terrace which is let on standard AST terms. The flat affords potential for refurbishment in the short to medium term to a specification in keeping with the remainder of the Vectis