PROJECT PORTFOLIO

A retail unit on a busy secondary parade with high footfall. 

The owner wound-down the business due to retirement but after 7 months on the market, was still unable to sell the shop for the asking price.

Hoffen House acquired the site within 9 days of initial viewing. 

We paid an initial goodwill consideration of 2% to the seller, followed by the full asking price upon completion of development work to create a 2 new studio flats in the premises.

A once popular local take-away was forced to close due to unfortunate personal circumstances with tenant, and the landlord with stuck with an empty unit that was costing him money every month.

Hoffen House obtained planning permission to repurpose the unit into two retail units and convert the upper floor into a self-contained flat.

A residential plot of land on 0.3 acre, on a private road in Wimbledon. A stone’s throw from the iconic Centre Court. Due to a litany of botched planning applications, the plot lay empty for 12 years and suffered the stigma of being a lame duck site.

Our in-house architecture team scrapped the plans and started afresh with a new development angle

Our expertise of the planning system allowed us to get plans approved for a 9000sqft detached house. 

Then our in-house build team constructed it.

This oddly sized apartment was on the market for over 1 year and failed to sell. It was too big for the flat/apartment market and less desirable than a house. 

But it enjoyed an enviable position on the footstep of a major Crossrail hub station, just a 23 minute journey to Canary Wharf.

City Home Developments acquired the property directly from the vendor (no agent). 

After adding a second floor, we repurposed the property in a luxury 5-double ensuite room house for multiple occupiers. 

This resulted in a Monday-Friday home away from home for City workers.

The Surrey Police and Crime Commissioner came under pressure to find operational efficiencies in the face of Austerity cuts in 2014. 

As such under-utilised assets were disposed of as others were consolidated. The former police station came to make

market by auction and was acquired for redevelopment.

Planning consent achieved to switch use class from Sui Generis to C3 residential and super class E for commercial.

Further consent obtained to create 4 flats within the station footprint and a further 4 new build luxury terraced houses within the 0.42 acre site.

Site acquired off-market from the vendors, who were winding-down due to ill health. This small office block (approx 3,500sqft) occupied prime location on the High Street but was shackled by restrictive covenants stifling redevelopment.

After removing restrictive covenants, we used prior approval to convert the building into residential units. 

This resulted in the creation of two studio flats and an HMO with low carbon emissions. 

We retained a small lock-up shop for retail.

This river view site was a problem child and wouldn’t sell on the open market; being too big for a flat and too small for a house. Sitting in a conservation area, the development angles were limited.

We acquired the site and obtained planning permission for a title split to create 2 self- contained flats with Richmond Council, sized in excess of national space standards.

The strategy was to build, rent and hold for 5+ years or until such time that disposing made economic sense. 

For this to be feasible we needed to achieve a significant uplift on rent roll.