Artisan Food Halls

Vacant Retail Units – Strategic Land Acquisition and Planning Application for Artisan Food Halls

The 12,000 Square foot retail unit is situated in Cheshire. The site was acquired via an option as it lay vacant with no income, The advisor identified a strategic land holding for re positioning by implementing a change of use to A3/A4 Food use and completed an agreement to lease with an operator at a rental of £249,000 per annum. The operator has an option to acquire the building at £3M.

The site was acquired via an option and achieved a planning approval for A3/A4 food hall, the site been let and sold on an option.