Our commercial team were instructed to sell this D2 property in Eltham in Spring 2017. The property, which had served as a GP surgery for around 70 years, comprises large ground and first floors with a reception area and waiting room, W/Cs and numerous office/consultation rooms. With the NHS reducing the number of doctor's surgeries across the country, the Acorn Commercial team were delighted to assist the freeholder in maximising the value of their asset.
High quality sales particulars were circulated around our database of c. 12,000 applicants and the marketing campaign quickly generated strong interest and a number of competitive offers. A sale was ultimately concluded to a day care nursery operator for £700,000, a figure £50,000 in excess of the guide price!
Properties with a D1 use are a hot commodity and can certainly achieve a premium in today's market. We'd be delighted to hear from any vendors with similarly classed properties interested in disposing of their asset. Please contact Adam Hosking directly on 020 8315 5454 for forthright and bespoke advice.
PROJECT ADDRESS: 1 Alderwood Road, Eltham, London SE9 2JY
PROJECT DATE: July 2017
PROJECT VALUE: £700,000