We acquired this parade of four large retail units as we recognised the strength of trading position as well as the national covenants operating in resilient sectors.
This motorbike showroom with residential upper parts was acquired during the COVID pandemic. We recognised this as an asset management opportunity; agreeing a new lease with Tesco and providing a brand new unit shell and core.
This property is a rundown Freehold parade of "End of Life' shops and upper parts with potential for a mixed use residential lead development.
Freehold former pub premises acquired and rented to Tesco stores. Approximately 8,000 square foot with potential for redevelopment. Since the acquisition of this property we have achieved planning consent for a number of new apartments on the 1st, 2nd and 3rd floors which will be part of the future development of the Cowell Group. The apartments will be rented to fit in with our business model.
Freehold property acquired from LPA receivers with a substantial Boots stores on the ground floor. Let on a commercial lease with vacant offices on the upper floors which we successfully obtained permitted development for residential flats. Although Cowell Group purchased this for future investment purposes it made commercial sense to sell the Boots store and the residential development to separate owners.
Prominently situated next to Holborn Circus and the jewellery shops of Hatton Gardens. The London Diamond Bourse is next door to the property. The property was asset managed by the Cowell Group and the decision was taken to sell the property when the existing lease came to an end and has recently been upgraded to provide approximately 35,000 square foot of office space.
A prominent freehold comprising a McDonald’s restaurant on the ground floor and multi let offices above located in China Town and acquired for investment purposes. Acquired by Cowell Group investors.
Acquired long leasehold period property for Cowell Group investors and let as head quarter offices and banking for HSBC Plc held for investment purposes. At the end of the HSBC lease the property was sold for onward development.
A freehold prime investment acquired in Mayfair comprising retail on ground floor and offices above which we subsequently converted into residential flats for rental purposes. Acquired by Cowell Group investors.
An attractive corner freehold building comprising ground floor restaurant and flats subsequently converted above for resale in this prime central London location. Acquired for Cowell Group investors for investment purposes.
A parcel of commercial investments located in Wembley, Sidcup and Farnham rented and subsequently asset managed to add value for resale.
A modern building of approximately 150,000 square foot with 20 years FRI lease to a 5A1 covenant and the benefit of fixed annual rental uplifts. The property was purchased as a joint venture with a property fund and asset managed by Cowell Group. Through turbulent times ultimately we regeared the lease to a FTSE100 company in order to increase the value of the asset for onward sale.
A long leasehold store acquired with French Connection for future rent review and investment purposes. This was acquired by Cowell Group investors.
In the same family ownership for many years with 100% share capital – purchase of the owning company which comprised an entire mews of light industrial properties located behind high street shops. Acquired for a future planning gain for residential development.
Cowell Group acquired two unmodernised properties by private treaty on one of Hampstead’s most sought after streets, the old houses were being used as offices by a well-known charity.
The charity remained in situ for three years while they built a new headquarters building, after vacant possession planning was required to regulate the position and the offices were converted into 2 super luxurious high end houses.
