*THIS PROJECT WILL OPEN FOR INVESTMENT AT 12PM ON TUESDAY 13TH JUNE*
Project Summary - Former B1 commercial recording studio in Hackney - Demolish and rebuild Share Price - £1,000 Raise Amount - £850,000 to £1,550,000 Number of Shares Issued - 850 - 1,550 Projected Return on Investment - 55% to 69% Expected Completion Date - November 2018
Note: This project will go ahead when the minimum amount has been reached. Details of the projected return breakdown can be found in the Investment Presentation that is available for download. THE PROJECT
benefits from existing planning permission to demolish and rebuild the current
building, enlarging the plot with a rear extension to the boundaries and adding
an additional roof level.
site covers 5,997sqft/557.2sqm. Current
is for just under 5,600sqft of residential space on the first, second and third
floors divided over five apartments (three x
3-bed) and nearly 5,000sqft of B1 office commercial space across the ground and
Planning can be viewed on Hackney Council
The developers are going back to planning for an additional half level and to increase the
number of units.
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.