Hackney site sold for redevelopment
Highfield Investments initially approached the land owner to ascertain if they had considered selling part of their freehold for significant redevelopment.
After consideration and instruction, our client’s preferred route of sale was an off-market unconditional sale.
Working with our overseas client and their UK Asset Management team, we agreed terms and exchanged at my clients solicitors within 4 hours of the buyers attending. Conditional on the current tenant (Iceland) surrendering the land in question from their lease.