A freehold Commercial and Residential investment acquired with large upper parts and subsequently converted into eleven residential flats for rental investment purposes. Originally comprising as six self-contained flats and a public house.
The Cowell Group recognised the Archway Campus as a site of great interest which at the time of inspection had D1 use with limited potential.
After inspecting the site we understood that with the correct scheme there was huge potential for a residential development with the various buildings on the property comprising in excess of 180,000 sq ft.
A substantial portfolio of 32 properties located in mainly South London postcodes with planning issues and unauthorised occupiers. During the time of our ownership we valued each building individually and successfully sold and developed those assets as well as successfully asset managing and sorting out the planning issues and occupational tenants.
As part of the Cowell Group's strong asset management policy, we obtained planning permission for 5 flats above the existing building. Building works commenced in December 2021 and we aim to complete the development by December 2022. The flats will be retained for continued investment.
This is located in the “diamond district” of central London close to the City. It also backs on to Leather lane market which has excellent footfall.
The property was acquired for future development but Cowell Group have kept the upper parts for continued jewellery workshop use, which is important to the local community.
A freehold mixed use building we acquired for investment purposes during the height of Covid-19.
City fringe building acquired for investment purposes with asset management opportunities.
Abbey Wall is a rundown freehold terrace of unmodernised industrial buildings, with potential for a mixed use residential-led development.
When Cowell Group acquired this property it was a Ground Floor and Basement unit let to Nationwide Building Society with three vacant floors of offices above but at that time the area had not started its regeneration. Nationwide vacated the property and we successfully rented the property to Costa Coffee. We achieved a change of use from commercial to residential including an extra floor and by reconfiguring the staircase area we were able to build nine flats. All the flats have been retained by Cowell Group and continue to be rented within the portfolio.
Cowell Group were offered the opportunity to acquire the whole of St John’s Wood High Street, which comprised of an unbroken parade of 17 properties including 26 shops, 4 offices, 36 residential flats with assured shorthold tenancies, 29 flats sold on long leases, a gym and 16 parking spaces. Despite market instability caused by the UK banking crisis, Cowell Group had the confidence and ability to navigate and successfully complete the acquisition of the owning entity’s share capital.
A freehold unbroken parade of 12 shops with 28 self- contained purpose built flats, with associated parking and site with planning for 9 self-contained flats. This parcel was acquired from a vendor who had had ownership for many years. During our period of ownership we asset managed the site to implement the development of the nine new residential flats and which were subsequently sold onto the open market on long leases as individual self-contained flats.
A freehold leisure investment comprising a nightclub and 2 apartments. Acquired from LPA receivers for redevelopment and re-gearing of the existing lease. Cowell Group carried out the development of the flats above the nightclub for future rental use and also carried out a refurbishment of the exterior of the building.
Two substantial red brick terraced houses in prime Maida Vale. Comprising of 20 self-contained flats (14 let on ASTs and 6 Regulated tenancies). The 14 AST flats were subsequently modernised and sold to private investors. The regulated tenancies were held for continued investment.
A freehold unmodernised property acquired for investment and future development. The lower ground floor flat has been retained for future investment.
A freehold shop with upper parts acquired for refurbishment into three self-contained flats for future investment purposes.
A freehold shop with upper parts located in this busy thoroughfare acquired for investment and future development potential.
Mixed use unbroken freehold period building located opposite Edgware Road tube station comprising four ground floor shops with eight flats on the upper parts acquired with development asset opportunities.
A parade of shops and upper parts acquired for future capital growth and investment purposes. Parts of the property have been converted for residential use in order to increase income.
A freehold double shop let to Costa Coffee with residential flats above. We acquired the head lease to add value to the investment and subsequently the freehold interest.
A substantial freehold office block acquired with McDonalds restaurant on the ground floor and with vacant offices above for future rental and investment purposes.
A head leasehold investment of 2 shops and 9 flats situated on arguably the best high street in London and acquired for investment purposes.
A freehold shop and upper parts located in this popular thoroughfare - acquired for asset management and future redevelopment potential. The original tenants surrendered their lease which enabled us to redevelop into two self-contained flats.
A freehold shop with offices above located close to Earls Court station and acquired for future redevelopment purposes.
Located on this busy high road next to Chiswick Park offices and opposite Gunnersbury station is this substantial freehold comprising a pub with five residential luxury apartments above and four town houses at the rear. It was acquired with future development potential. We continue to run the property and have recently carried out a successful rent review.
A tenanted mid terrace freehold building made up of a retail unit with three flats which Cowell Group recognised as an asset management opportunity in a strong location. We re-geared the commercial lease with the existing tenant and utilised the flats for temporary housing.
