WHAT WE CURRENTLY WANT

What we generally look for comes next, but we have a very active requirement for freehold, or possibly long leasehold, buildings 4,000 sqft up to 10,000 sqft currently in any use. They must be in good quality Inner London areas including Knightsbridge, possibly Pimlico, Belgravia, Chelsea, Kensington, South Kensington, Fulham, Bayswater, Notting Hill Gate, Holland Park, St John's Wood and Hampstead.

These buildings can be vacant or let on very short leases as we will need them to be vacant within the next 36 months. Alternatively, buildings which are let but where we can buy the tenant out.

They will be used by our associated company, Navigator Medical Chambers LLP. We now have considerable experience in obtaining D1 medical planning consent and so are prepared to look at any existing use.

An absolutely crucial factor: We know that a quick decision as to whether or not we are going to be interested in buying a project is crucial to agents. We therefore make a point of reacting and analysing all opportunities quickly and giving rapid decisions. We try very hard indeed not to let our agent friends down.

Fees: We pay 1% onmarket acquisition fees and 2% offmarket acquisition fees. Quickly.

What? We look for buildings that are vacant, let or part let. We are particularly interested in tired or exhausted buildings with up to 5 years to go to expiry, but the shorter the better. These buildings will be in need of upgrade, ranging from simple refurbishment at one end of the spectrum to partial or complete redevelopment at the other. Reasonable capital values per sq ft are important.

We will consider all sectors, but have most expertise in the industrial, office, medical and retail markets.

All types of buildings suitable for conversion to residential use in London and the South East. Projects of this nature are always carried out jointly with a regular partner with years of experience in this sector.

Where? Anywhere. However, there are one or two special locations which we are targeting. In particular, St Pancras, Grays Inn Road and what we call North Bloomsbury. We are also very interested in Southwark.

How Much? £1 million to £15 million or up to £50 million in a joint venture with a regular partner, with whom we have a first class track record.

How Much Do We Want It? We will be very aggressive for the right property in the right location.

Contact Us

10 Knaresborough Place
Kensington
London SW5 0TG

Ivor A French FRICS
T 020 7244 4202
M 078 9999 1111
Email Ivor

David Coleman MRICS
T 020 7244 4214
M 079 5696 6677
Email David