JLL disposed of Asda’s Stamford Hill site achieving significant value for the client ahead of their financial year end
Client story
JLL closes sale of prime North London supermarket site
Size
1.25 acres (0.40 hectares)
Spotlight
With development potential for several alternative uses
Value
£12.5m (£10m per acre)
Ambition:
JLL disposed of the Site to achieve best value for Asda ahead of their financial year end.
The result:
The Site sale completed in Q1 2023. JLL is pleased to have reached an exceptional price for the client at a time when most of the market was seeing a decline in buyer interest as well as offers that were not only lower but generally subject to conditions.