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Commercial Case Study No.2
Local commercial specialist agent unable to secure a buyer for this substantial property nor secure a tenant for them in over 2 years!
The freeholder contacted Belvoir to see if they would be able to succeed where the local commercial specialist had failed.
Belvoir’s motivated team quickly re-introduced the property to the market, and also pitched the property to their extensive database of applicants, businesses & investors.
Belvoir’s comprehensive marketing created a buzz of interest and, after a very short time, secured a buyer for this substantial property that is made up of a commercial unit & 6 residential apartments.
The seller said “The team at Belvoir worked tirelessly to find a buyer for our property. Although Belvoir had managed the flats for us, the commercial unit had been with a local commercial agent. As the previous agent had had no luck finding tenants for the shop or buyers for the building, we decided to give Belvoir a try.
Within a month or so they had introduced us to a property investor looking to expand their portfolio. They went on to buy the freehold of the property which left us wondering why we did not choose Belvoir in the first place!”
The buyers, buy to let property investors, said “Belvoir have assisted us in growing our portfolio over the past few months which now consists of residential & commercial property.
Once we had purchased this property, we instructed Belvoir to find commercial tenants for the vacant unit which they promptly found, at the full asking price. The tenant they secured for us is a franchised care business already successfully established in North Hampshire which was looking to expand into Andover.
“We are delighted with the service that Belvoir have given us and will go on using them for property related assistance in future.”
If you have a commercial property that you need to sell or let, please contact us to arrange a comprehensive marketing package for your property.
Residential landlord adds commercial property to his portfolio