Multi-let mixed-use development acquisition, Haringey | £7.5m
We advised a family office on the acquisition of a mixed-use development in Haringey comprising multiple titles and approximately 25 commercial and residential tenancies, with further development potential.
Our detailed analysis of title defects and lease issues revealed significant risks, which we used to negotiate a substantial price reduction. This protected our client's investment and improved returns from day one.
We coordinated closely with the client's managing agent to ensure a smooth handover on completion, then arranged development finance with Oaknorth Bank, efficiently navigating the property, corporate, and banking requirements.
The transaction was completed within 13 working days of instruction.
Client feedback: "Well done Safiyah, Avi and the team. A tough transaction which you expertly handled throughout."