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.