Investment sale of 7-storey mixed-use building in Stamford Hill

Clock House was a freehold property comprised of a 7-storey mixed-use building, with garages to the rear, forecourt and telecoms antenna to the roof. It is arranged as ground and first floor office space, with floors 2-6 being 20 residential apartments. All of the residential apartments have been sold off, subject to long leases of 125 years.

The property was launched in late 2022 and generated an overwhelming response from the market. Within a short time, we received over 80 expressions of interest and sent out data links to over 100 interested parties. Our brochure was viewed over 1,000 times on various portals and search engines, with 40 individuals attending viewings of the building.

There was strong competition among interested buyers throughout the bidding process, with multiple offers submitted and negotiations ongoing. However, our team navigated the complexities of the sale process, ultimately securing a final sale price of £4m.