Case Study: Selhurst Road, South Norwood


231/253 Selhurst Road, South Norwood

A commercial site comprising a ground floor and basement which had been vacant for a number of years, having previously been occupied by a bank. The property was held on a lease that had a break in 5 years’ time.


As the appointed consultants, we took over responsibility for the property through a leasehold liability transfer.
We then:

  • secured control of the site and appointed new leasing agents
  • commissioned local agents to market the property
  • agreed heads of terms for a new 15 year lease with a franchisee for the national coffee house Costa Coffee
  • agreed terms for the surrender of the head lease to allow the coffee house deal to proceed
  • resolved historic insurance issues
  • disposed of the property within 6 months


  • Leasehold liability transfer
  • Property management
  • Options appraisals
  • Disposals

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