What We Buy
Plato Estates typically invests in roadside or trade counter commercial properties within a 100 mile radius of our Chesham offices.
Investment Requirements:
Freehold only (no long leaseholds)
Lot Size – up to £1.75m
Within circa 100 mile radius of Chesham Bucks focused primarily on;
Bucks, Herts, Beds, Cambs, Northants
Berks, Oxon, Hants, Surrey, Middx.
Income producing investments in B1, B2, B8 uses or A1 convenience stores or other sui generis motor trade, petrol station, motor cycles or all other trade counter uses (inc tyre/exhaust car wash etc). We have also been very active with trade counter investments in the last 10 years.
Ideally with 10 ys+ secured income but we will consider reversionary properties with any length of lease income remaining that are in good prominent roadside locations or that have management opportunities.
Commercial premises only although we may also consider residential in upper parts if let on ASTs.
Also, we will consider sale & leaseback opportunities which we have done very successfully with a tyre & exhaust company (Formula One Autocentres) or car wash operators (IMO/Anduff Car Wash Co) and have a retained client seeking Open Storage sites.
Any reversionary property where there might be (say) an option to secure planning in the last few years of any lease and then demolish/rebuild/re-let into trade counter uses or other roadside uses.