Location: Peterborough

Value: £450k asking price 

Type Of Property: Period Public House, Approx 18th century listed

Client Brief:

Cube were contacted by property investment company Lodgewood and asked to provide an array of bespoke surveys and services ahead of a possible acquisition of a commercial property.

Outcome:

Cube analysed the survey data and prepared a report that detailed not only the cost to restore the hotel but a further one that provided indicative costs for a possible reconfiguration of the building. Cube provided design sketches and advice as to approaches for securing outline planning permission. 

The outcome saw Lodgewood renegotiate the asking price with the vendor and achieve considerable savings from the original asking price.

Cube are currently preparing to meet the local planning authority to discuss development options.

Services Provided

  • Bespoke set of full building surveys

  • Cost Management Services

  •  Planning advice

"It is so refreshing to find a company like Cube. We have been investing poorly for over a decade and never before have we had such a thorough, open and honest survey. 

The amazing thing was, once Jim had completed his survey, we immediate him on site to go through all of his findings there and then. We were shown the issues, but more importantly Jim walked us through the solutions and average costs involved to rectify the problems. 

This was followed up with a comprehensive written inspection report, which allowed us to be able to confidently reduce our offer by £180,000 due to the actual works required, with the backup of real facts/figures and images. 

Cube totally delivered and I would highly reckoned them as your first choice building surveying services company."