Coming to us via a mortgagee in possession, this former hotel on Hasting's seafront had been converted many years ago into 29 flats. The bank in question wanted a quick disposal of the asset, which comprised of the freehold title along with 15 vacant units. Requiring significant investment and specialist building repairs, Property Experts recognised the potential of both the project and the local area and swiftly completed the purchase. Following major restoration works this landmark building has now been restored to its former glory, and having acquired 6 further units, all 21 are now successfully Let and Managed by our in-house management team.
"I have found Property Experts to be an excellent buying solution in the most problematical cases. Very approachable and easy to deal with."- Meta Panchamia, Head of Commercial Dispute Resolution and Insolvency – MW Solicitors -
"Due to the relocation of our business I needed to sell our existing premises. Property Experts approached me directly, wanting to buy both buildings and agreed creative terms which gave us the commitment and time required to plan our move."- Laura Ritchie, Director – Croham Services for Children -
"Having run my own construction firm for 40 years I wanted to invest in bricks and mortar. Property Experts introduced me to several development opportunities where I was able to obtain a healthy return on my investment."- Les Perkins, Investor – Perkins Builders -
Investment & Development Opportunities