Track record

Letting of convenience store in Waterbeach, Cambridge

Waterbeach Land Ltd´┐╝

Secured a tenant, enabling the development to continue

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Agency

Service

Retail & Leisure

Industry

Richard Curry

Richard Curry

The project

Rapleys was parachuted in because board approval had expired on the previous deal. The building of the commercial element formed the S106 condition for the rest of the site, therefore a suitable occupier was required asap.

We used our market knowledge to approach specific end users and obtained best offers. We secured East of England Co-operative as a tenant enabling the development to continue in compliance with planning conditions.

Our solution

  • Our solution was to advise the client on the value achievable
  • Approached suitable occupiers to enhance the development and provide best possible value if then sold as an investment
  • Negotiated the transaction through the legal process resulting in exchange and agreement to lease subject to PC of the completed store in March 2023

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