Mixed-use parade acquired on behalf of our clients

🔑 We are pleased to announce the successful exchange of a multi-let mixed-use high street parade directly adjacent to the station in West Byfleet, Surrey KT14 — acquired off-market on behalf of a retained client.

📍 The Asset:

4 x Ground floor commercial retail units (Nail Salon, Fast Food, Taxi Rank, & Convenience Store).

1 x Large 82 sqm upper-floor apartment (recently converted under Permitted Development).

Directly fronting Station Approach in a rapidly transforming commuter hub.

The Deal Angle & Asset Management Strategy:

On paper, this was an under-managed local parade with legacy rents, a tenant in arrears, and a highly reversionary rent roll. Here is how we structured the upside:

1️⃣ Reversionary Commercial Uplift: The high-performing anchor convenience store is trading well above its passing rent, offering over 100% rental growth potential on lease review.

2️⃣ Active Tenancy Restructuring: Resolving commercial arrears with immediate option to re-let into strong local occupier demand.

3️⃣ Residential Reconfiguration: Re-positioning the 82 sqm upper flat from a legacy single tenancy into a multi-unit / HMO layout (STP) to significantly enhance gross yields.

By securing this deal directly from long-term owners before it ever hit the open market, our retained buyer secured an initial yield approaching 7%, with a clear path to driving reversionary yields past 12%. With the multi-million-pound town centre transformation now complete, West Byfleet continues to be one of Surrey’s strongest commuter growth stories.

💼 Active Buyer Mandate:

We are actively seeking similar mixed-use parades, broken freeholds, and high-street assets across Surrey, West London, and the Home Counties (£500k – £5M).

📩 Do you have an off-market opportunity or a vendor seeking a quiet exit?

Contact Alec or Nicholas now.