Rushton Hickman has successfully appraised, marketed and sold 114-116 High Street, Burton upon Trent on behalf of our client Great Central Properties Ltd, within a timeframe of just two months!
Regional Contractors Ltd has acquired the freehold of 114-116 High Street, Burton upon Trent, with plans to redevelop the first floor into residential apartments and modernise the ground floor for retail purposes.
Taylor Millington, the surveyor responsible for the transaction commented “It is always positive news when a transaction progresses swiftly, resulting in a mutually beneficial outcome for all parties involved.”
“Given the significant amount of interest the property got within the first week, we were able to quickly negotiate a strong deal for our client along with an agreed quick turnaround.”
Taylor continued “The property requires extensive redevelopment to transform it into a mixed-use investment, but this is something that Regional Contractors Ltd were happy to take on. The modernisation of the retail shops will bring continued growth and addition to the busy high street and the repurposing of the upper floor into residential accommodation will help bring much needed homes to the market”.
Our client, Great Central Properties Ltd commented, “I cannot express my sincere appreciation for the outstanding work the team at Rushton Hickman have done in marketing and facilitating the sale of our commercial property.”
