Wareing and Company are pleased to announce the successful sale of 17 Trinity Street, a prominent local site offering a potential redevelopment opportunity.

The property, which had been occupied as a tile showroom, was brought to the market following the tenant company entering administration. Recognising the potential of the site, Wareing and Company provided strategic advice to the vendor on a range of possible future uses, including both commercial and residential redevelopment options.

The opportunity generated significant interest from a variety of parties, reflecting the strong demand for well-located sites with development potential. Following a competitive marketing process, interested parties were invited to submit their best and final offers.

After careful consideration, the property was secured by a special purchaser with plans focused on residential redevelopment. The vendor was delighted to proceed with the sale, which was successfully concluded at a level price and completed promptly.

Wareing and Company’s expertise in identifying opportunities, advising on alternative uses, and managing competitive disposal processes ensured a successful outcome for all involved.

The transaction highlights the continued demand for well-positioned local assets and Wareing and Company’s ability to deliver results through proactive advice and tailored marketing strategies.