office acquired on the avenue

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Keygrove Chartered Surveyors are pleased to announce the acquisition of 17-18 The Avenue on behalf of Choice Financial Solutions.  The property was marketed by Goadsby and Aston Rose acting on behalf of the Ancient Order of Foresters Friendly Society.

The prominently located detached property comprises approximately 2,875 sq ft arranged over two floors.  The property benefits from excellent parking provision within a gated rear car park and strong communication links.  The sale price was £470,000.

Richard Nevines of Keygrove comments:- “It is such an interesting time in the office market. A lot of stock is changing use to residential but there is increasing demand for offices, so refurbishing characterful buildings is a worthwhile investment”.

John Quaif of Choice Financial Solutions said: “It can be immensely time-consuming to find and decide upon investment options from the hundreds that are available. This is what we have been doing for our clients in Southampton for 9 years. When it comes to property expertise we asked Richard Nevines at Keygrove to assist and he delivered a perfect property solution”.

Ben Welch of Goadsby comments ‘The property was jointly marketed by Goadsby’s commercial and land department due to it having received approval for a change of use to residential under permitted development. Following a very short marketing period it was clear that demand was strongest from owner occupiers, due to the lack of supply of good freehold offices for sale in the city.”

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