Standford Properties

Waitrose, Parsons Green

12,000-sq ft Car Showroom – Parsons Green

Acquired, with a group of investors, a car showroom
Negotiated vacant possession whilst simultaneously obtaining planning permission for a supermarket
Negotiated lease with Waitrose
Subsequently sold the asset to Scottish Widows
Purchased for £5.2 million and sold for £8 million

We currently have a number of other supermarket developments where planning
applications are outstanding.