VECTIS

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 property was acquired in 2006 and comprises a restaurant unit with ancillary accommodation totalling 3,815 sq.ft.

The freehold is let in its entirety to Nandos Chickenland Ltd to June 2029
and offers good rental growth potential and alternative uses on the secondary accommodation.