Collingwood Street
Newcastle
Asset management of this Grade II listed Mixed Use Block for Our Retained Client. Having initially sourced this opportunity with our Local Agents. We were employed to oversee the Strategic Renovation of the Upper Floors to accommodate Grade-A Office Space for Local SMEs.
Prior to the Office Fit out, The Asset was disposed of to a Purchaser that we had locally sourced. Indo achieved a 105% return on Capital Employed for their client from Sourcing of Asset to Completion of Sale. It Handled the total project from Acquisition to Disposal, including Finance.
Client - JV with Investor
Funding - Lloyds Bank
Dates - 6 months
Build Scope - Asset Management and Renovate the upper floors to Grade A office space
Sale/Rent - Sale
The Vision
See what our designers have created specifically for this project.
Floor plans
Having worked with A Renowned Commercial Interiors to create a schematic for the Upper Floors, we employed a Local Agent to attract potential Tenants for these modernised and Best-in-class Offices.
“Thoroughly pleased with the outcome of this project for all involved; Indo dealt with the full project-cycle - sourcing to disposal, with the sole intention of Asset Managing this Grade II office building for small SMEs to occupy. The Asset was disposed of before any works were undertaken, reflecting a great level of return within 6 months of ownership. We are Thankful for all involved in this project.”
Vishal - INDO pc Founder
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