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Sale instruction received to dispose of Unit F, Tiber Way, Meridian Business Park, Leicester on behalf of LondonMetric Property plc
Sale instruction received to dispose of Unit F, Tiber Way, Meridian Business Park, Leicester on behalf of LondonMetric Property plc
Completion of high-quality and detailed marketing presentation.
Given political activism at the property, particular care was required in organising photography and on-screen information, balancing to ensure investors were able to appreciate the quality of the investment whilst at the same time keeping appropriate information discrete.
A clicktopurchase® instance was created, including complete legal package, thereby enabling interested parties to be in a position to execute quickly and easily.
The data room was organised to ensure full information was made available at launch of the sale. This information included measured survey, environmental survey, RAAC survey and complete legal package including the contract.
The investment was listed at singervielle.com.
Interested parties were vetted prior to being allowed to inspect the premises and also for gaining access to the legal data room.
13 parties expressed interest in the investment.
3 parties were fully cleared in terms of identity checks to meet anti-money laundering regulations.
5 inspections organised
The leading interested party was in a position to progress, having reviewed the legal package, on 1st November 2024, just over two weeks from marketing launch. This party decided not to proceed as they became aware of the political activity at the property. However, the property remained fully on the market during the process.
A client meeting on 15th November 2024, 4 weeks from the commencement of marketing, confirmed instructions to proceed with whichever of the remaining interested invested submitted a legal offer online first.
A clicktopurchase® binding legal offer to treat was submitted by an investor on Tuesday 19th November, less than two working days after the client meeting.
The offer was accepted resulting in a legally binding exchange of contracts the same day.
Offer accepted online. Electronic contract note formed.
Completion of sale – 3rd December 2024
Activity recorded in the SV International Network Client Dashboard.
A challenging property to sell given the political activity at the property which deterred a number of investors. Singer Vielle’s presentation enabled engagement by purchasers local and distant from the property, whilst the extensive reach from the SV International subscriber database ensured obscure and relatively unknown investors became aware of the opportunity.
The uncertainty of execution was removed by the online process of sale.
Singer Vielle first adopted an online approach to property marketing in 2006 at the infancy of the internet. Shortly afterwards we understood the power of the internet and data collection, moving from a traditional approach for selling property to one of capturing contact information of investors, both in the UK and internationally.
We developed our own sales platform and associated technology, to not only identify purchasers but to enable the purchase process to conclude quickly and easily, as has been demonstrated with the sale of the Leicester property.
In recent years we have expanded the marketing reach by creating an expanding international agency network. We are currently established in England & Wales, Scotland, Ireland and South Africa. Data collected on investors in each location is shared across the SV International Network to further boost marketing reach for all those involved in the Network.
Recently, the SV International Network has created a Marketplace to enable service providers to market their offer to the international subscriber lists, as well as for agents who do not have a marketing reach, on a per-property basis.
We remain unique in our approach, understanding the power and importance of a technical approach to marketing and execution.
Property Address will be displayed here ...
Before you can submit a legally binding offer through clicktopurchase®, verification is required in order to meet money laundering regulations. Please complete the form accurately; the selling agent will be in touch to complete the verification process.
Please arrange for the Buyer’s Solicitor to return the Money Laundering Certificate to the selling agent.
A unique transactional platform where purchasers, owners and agents conclude the property sale process online. It provides the facility for a legally binding exchange of digitally signed contracts to be conducted.
*note: variations may occur depending upon territory.
clicktopurchase® uses hash and encryption technology as part of the creation of the transactional audit trail; this is then recorded in the clicktopurchase® Blockchain.
Our unique and modern approach, available to all members of our network, delivers significant and proven advantages over the traditional methods.
A unique transactional platform where purchasers, owners and agents conclude the property sale process online. It provides the facility for a legally binding exchange of digitally signed contracts to be conducted.
*note: variations may occur depending upon territory.
clicktopurchase® uses hash and encryption technology as part of the creation of the transactional audit trail; this is then recorded in the clicktopurchase® Blockchain.
Our unique and modern approach, available to all members of our network, delivers significant and proven advantages over the traditional methods.
A unique transactional concept where purchasers, owners and agents conclude the property sale process online. It provides the facility for a legally binding exchange of digitally signed contracts to be conducted.
*note: variations may occur depending upon territory.
