News

  • Portland Road, Hove Purchase

    Foundation’s FPC Convenience No.1 managed fund has exchanged the purchase of a 15,000 sf office and retail property in Hove with significant development potential. Part of the Ground floor is let to Sainsbury’s at a passing rent of £103,000 pa. An adjacent 2,000 sf corner unit will shortly be available to let. An application under Permitted Development rights will shortly be made to convert the vacant upper part to flats.

  • Cosham Sale

    Foundation’s FPC Convenience No.1 managed fund has completed the sale of its Cosham convenience store to a private investor. The newly developed shop was let to Co-op Group at £73,000pa on a new 15 year lease. The unit was sold by HRH for £1.2m, a 5.7% yield.

  • A28, Ashford Purchase

    Foundation’s No.88 managed fund has exchanged the purchase subject to planning of a vacant prominent 1.25 acre roadside site in Ashford, Kent. A retail or roadside restaurant led planning application will be submitted early in the new year.

  • Hermitage Lane, Mansfield Purchase

    Foundation’s Industry & Enterprise managed fund has exchanged the purchase of a 2 acre Trade Counter and Industrial site in Mansfield, Nottinghamshire. Planning has been secured for part of the site and a new application will shortly be submitted for an additional 20,000 sf trade counter development on the remainder early in the new year.

  • Windsor Road, Windsor Purchase

    Foundation’s No.88 managed fund has exchanged the purchase of a former petrol filling station , now trading as a car garage / showroom in Windsor, Berkshire. A convenience led development is proposed and a planning application will be submitted early in the new year.

  • Rochford Sale

    Foundation’s FPC Convenience No.1 managed fund has completed the sale of its Rochford convenience store to a private fund. The shop was let to Sainsbury’s at £78,750pa with the index linked review anticipated to be £91,400 in October 15. The unit was sold by HRH for £1.537m, a 5.6% yield based on the anticipated reviewed rent.

  • Year 2 of our Ethical Property Foundation Sponsorship

    Foundation Property & Capital are in the 2nd year of our 3 year sponsorship of the Ethical Property Foundation.

  • Brighton Purchase

    Foundation’s FPC Convenience No1 managed fund has completed the purchase of a mixed use investment property on Lewes Road, Brighton. The ground floor consists of a convenience store let to Morrisons & a retail unit let to Papa Johns. The property also includes 7 residential flats above all sold on Long Leaseholds.

  • Stock Lane, Oldham Purchase

    Foundation’s Industry & Enterprise managed fund has completed the purchase of a 1 acre trade counter and industrial site in Oldham, Greater Manchester. Planning consent has been secured for a 20,000 sf bespoke industrial facility and development will commence in early 2016.

  • Cosham Purchase

    Foundation’s FPC Convenience No.1 managed fund has completed the purchase of a Convenience store and residential development in Cosham by forward funding Box Property Group.

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