Category Archives: 2016

  • Hove Sale

    Foundation’s FPC No.8 managed fund has completed the sale of the long leasehold interest in part of its Portland Road, Hove asset to a private developer. The property comprised of retail on the ground floor with vacant offices above. No.8 secured permission to convert the offices to 11 flats and established the ability to construct an additional floor above for further residential.

  •  Farnborough Sale

    Foundation’s FPC No.8 managed fund has completed the sale of its Farnborough site to a Housing Association after achieving planning for 10 x 2 bedroom starter homes.

  • Weymouth Purchase

    Foundation’s FPC Convenience No.1 managed fund has completed the purchase of a former petrol filling station in Weymouth. Planning has been submitted for 7,000 sf retail scheme split into 4 units and anchored by a major Convenience Store operator. Another joint venture with Box Property, our development manager partner.

  • Portslade Sale

    Foundation’s FPC Convenience No.1 managed fund has completed the sale of its Portslade convenience store to a private investor. The shop was let to the Southern Co-op at £67,500 pa on a new 15 year lease. The unit was sold by HRH for £1.1m, a 5.7% yield.