Fidu Property is a niche investment and development advisor focussing on the acquisition and sale of land as well as commercial property assets throughout London and across the UK.
Operating across the main commercial property sectors, as well as land for commercial and residential development.
Fidu Property sources and delivers timely real estate opportunities that are quietly available or outside of the main market channels.
If you would like to find out how we can help you, get in touch today.
Fidu Property was founded in 2018 by Paul Wright following roles at a leading niche investment advisor as well an international consultancy.
Paul’s 18 years of experience in the commercial property market led him to establish Fidu as a real estate consultancy to serve a select group of clients, ranging from private equity groups to private investors, property companies, and property developers.
Some key transactions below that have been completed since inception of Fidu property.
Selinas Lane, Chadwell Heath
Off market acquisition of a freehold site of 13 acres on behalf of Bridge Industrial from Be First for a sum of £90 million. The land was acquired without planning for the purpose of industrial redevelopment.
Consent was gained for a B2/8 led redevelopment scheme within a period of 12 months following purchase. The consented industrial scheme has now been delivered and is marketed to let.
Hayes
Off market acquisition of a multi-let Industrial estate in Hayes, West London for Bloom, backed by Crosstree from A2D housing association for a sum of £30 million. The property comprised two terraces of b2/8 space totaling 102,000 sq.ft let to 4 tenants, with one vacant unit.
The asset was acquired as part of a value add strategy to refurbish the units, increase the EPC rating with the intention to drive second hand rental values for refurbished product West London from the low passing rent levels of £11/13 per sq.ft to over £20 per sq.ft.
Burnham Road, Dartford
Acquisition of a former car showroom unit measuring 22,000 sq.ft on a site of 1.8 acres in a prominent position close to the town centre of Dartford, Kent on behalf of Wrenbridge for a sum of £3.9mill.
The land and property was acquired for the purposes of industrial redevelopment. Planning has since been obtained and the unit is currently marketed to let.
Guildford
Off market acquisition of a solus retail warehouse investment with low site cover on behalf of Compound self storage from Savills IM for £7.0 Million, the asset was acquired for a self store redevelopment, planning has now been submitted following the tenant vacating the unit and a favourable outcome is anticipated.
Lawrence Road
Acquisition of a former owner occupied Industrial property on Lawrence Road, Tottenham for the purpose of obtaining planning consent. Following purchase a planning application was submitted to Harringey for a new build scheme of 42 flats, 5 houses and ground floor commercial space that was sold off market to a boutique residential developer for a sum of £7.95 million with planning consent in place. Fidu property acted at both acquisition and sale on behalf of client Highgate capital.
Beckenham
Acquisition of a short income single let office investment in Beckenham, south east London for a sum of £15 million. The property comprised an office building of 71,578 sq.ft on a site of 0.94 acre and was acquired for the purpose of ultimate residential conversion under permitted development rights.
Lawrence Road
Off market acquisition of an office building with planning consent in place for a residential redevelopment scheme comprising 69 units and ground floor commercial space for a sum of £9.25million on behalf of Vabel, a boutique residential property development company.
Clarence Street, Kingston
Off market acquisition of a short let department store in Kingston town centre on behalf of Highgate capital from Threadneedle. Asset of 54,930 sq.ft in total that was acquired for £10.50million on a un conditional basis to planning.
An application was submitted to Kingston council for a conversion scheme, with added mass that was granted planning, the tenant have since vacated the store at lease expiry and redevelopment is due to commence in the near future.
Croydon
Off market acquisition of a 2.38 acre Industrial site in Croydon on behalf of Bridge Industrial for a sum of £15 million from an owner occupier. Following acquisition an application was made to Croydon council for a redevelopment scheme comprising a single b2/8 unit on site that has now been constructed and is currently marketed to let.
Solihull
Acquisition of a multi-let office investment in Solihull near Birmingham on behalf of a midlands property developer for a sum of £11.95 million. The property was acquired from Caudwell properties.
Horsefair, Birmingham
Off market sale of a vacant office building with the benefit of prior approval close to the centre of Birmingham on behalf of London Green for a sum of £3.50million. Located in a prominent situation next to the popular 02 music academy, the disposal of this asset involved a number of technical elements regarding sound and vibration attenuation due to the proximity of the neighbouring music venue.
Hayes
Acquisition of a part vacant multi let office investment with short income. The property was sold for £15 million with the benefit of prior approval in place for conversion to a residential scheme of 157 units. The asset comprised a building of 54,929 sq.ft on a site of 0.9 acre on the edge of a prominent office park in West London.