Brock House and Telecom House, Prudhoe

In February 2022, Singer Vielle was instructed on behalf of administrators to sell an investment in Prudhoe, comprising an office investment along with a residential block of apartments.

In order to maximise flexibility and provide the widest audience to maximise the exit, the property was marketed as two opportunities. Given the high level of interest generated by the marketing, it was decided to close by Clicktopurchase® “Best Offers”, seeking offers for the entire property. The decision was taken to sell as a whole, a clicktopurchase offer for the entire property was accepted online and the contract exchanged.

A demonstration of the unique flexibility of approach available, selecting to close the sale by an online tender, and the certainty the clicktopurchase platform provided for both buyer and seller.