Project Summary - Development opportunity of a former A1 art supply store in Hoxton Share Price - £5,000 Raise Amount - £500,000 - £1,000,000 Number of Shares Issued - 100 - 200 Projected Return on Investment - 47% Expected Completion Date - Spring 2018
Note: This project will go ahead with the minimum amount has been reached. THE PROJECT
The developers purchased this prominent building in Hoxton in September 2016. It was a former A1 art supply store over the ground and basement with ancillary residential space on the upper two floors.
Planning permission was granted to extend the basement and ground floor over the existing carpark. We have two offers for the retail space we
The planning application for the residential parts is due imminently. The developers are awaiting the viability report assessment from Hackney Council. Discussions with the planners indicate that the result will be positive.
ABOUT THE DEVELOPERS
Set up by Nicole Bremner in 2012, East Eight is a high-end investment management and property development company initially focused on the niche area around E8. Nicole’s first major London development was a dilapidated 4000sqft vicarage in De Beauvoir and she has since developed numerous sites in the area.
East Eight now invests and develops sites across London, however E8 still remains Nicole’s favoured area.
LONDON CENTRAL DEVELOPMENTS
As the development partner of East Eight, London Central Developments (LCD) is a joint venture between Nicole Bremner and seasoned property developer Avi Dodi. Together they develop stunning properties across London that people aspire to live in.
Design is at the forefront of LCD’s developments. Working with carefully selected design partners, LCD creates buildings that are architecturally unique and imposing. LCD’s strength is maximising the development potential of a site. Nicole and Avi enjoy the challenge of a property with planning issues, working together with planners to create residential and commercial developments that maximise usage and enhance the local area.