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 freehold shop with residential upper parts was acquired in November 2015 in Notting Hill. The shop is distributed over ground and basement floors and comprises 2,250 sq.ft. The property was re-let on a 10-year lease to Young LDN, a new concept in the spa and beauty sector, from July 2018.
The unit is well proportioned with good ceiling heights, open plan accommodation with retail use on both basement and ground floors and has been well fitted-out by the occupation tenant.
A 2 storey flat above this unit has been sold off with the scope to be acquired in the future.