Certainty of Sale, Depth of Marketing

33/33a Lord Street, Wrexham LL11 1LS

Summary

An example of selling a high-risk investment, identifying an obscure purchaser, and enabling the sale to conclude quickly online.

Description

The property formed part of a block of three buildings within one ownership in Wrexham which Singer Vielle was instructed to offer for sale in 2023 at a price of £412,500.

The property was let to NatWest Bank plc. However, the lease had expired and the tenant was holding-over, hence no long-term security of tenure for a purchaser.

A private investor was identified during the course of our marketing. The purchaser submitted an online clicktopurchase® offer two days from inspecting. The offer was accepted and immediate online contract formed.

The method of sale removed all risk from the vendor that a purchaser would go “under offer” and fail to proceed.

High Yielding Retail/Office Investment, offered on behalf of Administrators

Wrexham, England & Wales

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