All the news from Keningtons.
Jeremy Sutton in the Swindon office is pleased to announce that acting on behalf of a private property company,Keningtons have completed the sale of Old Swan Yard in Devizes to another private property company. Old Swan Yard is a Grade II listed courtyard development containing 9 small retail units including a cafe and bakery, basement restaurant and two first floor office suites. The scheme was fully let producing an income of approximately £185,000.
The Swindon office are pleased to announce that they have been instructed by Swindon Borough Council to market a 0.785 acre development site in Stratton St Margaret, Swindon. The site contains a Grade II listed building and benefits from an adopted Development Brief which allows for the conversion of the Listed Building to a single dwelling and the development of 4 detached dwellings on the remainder of the site. The site could also be suitable for C2 uses or a continuation of the current B1 and D1 uses. Contact Jeremy Sutton in our Swindon office for further information.
Keningtons Valuation Team are instructed on several portfolio valuations for investor clients following the removal of the CGT exemption on commercial property held by non-UK residents. Formal valuations prepared round the base date (6 April 2019) will be beneficial in any discussions with HMRC on future disposals. For any enquiries please contact Jill Howells.
Keningtons Building Surveyors have recently completed a residential pre- acquisition survey in Greenwich, South East London. The property is a self-contained flat set within a Conservation Area and is part of a number of residential units designed and constructed by the ex RIBA president Eric Lyons CBE. Using modern design and materials the post war modernist property utilities cross wall construction techniques with open plan living and large sized fenestration. For further information please contact Tony Rellis, Head of Building Surveying.