Garages at Regan Way
London, N1 6FU
An assembled site of 7 garages in Hoxton involving multiple landowners.
Two-year option exchanged on behalf of clients.
This off-market site was identified by us as having development potential for a small residential scheme. After complex negotiations between the five landowners and our client, terms were agreed and the option exchanged.
Our client has subsequently gained planning approval, exercised the option and completed the transaction.
Investment Summary
Planning Status:
Subject to Planning
NIA:
3,600 Sq Ft
No of units:
6 Apartments
Site area:
0.1 acres
Est GDV:
£3,000,000
Land Value:
£750,000
