• Re-let Taylor Wimpey for 10 years, no breaks
• Let 11,500 sq ft to Cefetra for 10 years, no breaks
• Let 17,400 sq ft to Flavourly for five years, 3 year break
• Let 22,400 sq ft to NHS on a fully fitted out basis
• Constructed 200 space car park
• Future expansion through retail amenity.
• 100% let
• Rent on acquisition £709,342 risen to £1,692,448 pa

• Appointed an independent local property manager to get the service charge under control
• Appointed new agents to market the property.
• Changed the property name to ‘Craftworks’ and repositioned it in the market
• Refurbished the common areas to create a new identity
• Discreetly and directly found an off market tenant to lease the whole building
• Property fully let to The University of Glasgow on a 10 year lease with fixed uplifts

Investment value considerable more than acquisition and refurbishment costs delivering a healthy return to the investor.

• Negotiated lease surrender with tenant
• Let the newly acquired floor to existing tenant creating single let property
• Extended lease and moved rent base on

Property now secured to top covenant

• Negotiated surrender and tenant refit in lieu of dilapidations
• Let the vacant building
• Sorted out landscaping and car parking
• Extended leases on 2 pavilions
• Undertook rent reviews
• Moved rents from base of £10 psf to £15 psf

Building ready for sale on market

• Part let park needing repositioned
• We built an amenity block with gym, café and EV chargers
• Refurnished vacant buildings
• Carried out lettings

Sold at profit to Regional REIT

• Took over the business centre under the brand HOUSE
• Refurbished business centre and let it
• Refurbishing vacant traditional space

Business centre stabilised, vacant space under construction and under offer to pre let

• Sorted out tile and cladding issues
• Fixed building defects
• Split vacant floors
• Let 100% of the space

Sold at considerable profit to Regional REIT

• Negotiated lease surrender with tenant
• Let the newly acquired floor to existing tenant creating single let property
• Extended lease and moved rent base on

Property now secured to top covenant

• Negotiated early surrender of tenant in 90% of space but not in occupation
• Split floors up to be leased individually
• Let the vacant space to new tenants creating multi let asset with business centre
• Added new art work and murals  and amenity space

Building successfully sold by the Fund