Bristol
Situated immediately next door to the Eclipse apartment tower and Harvey Nichols department store in Bristol’s Cabot Circus, the Horizon development features over 100 units in a combination of studio, on and two bedroom apartments.
Delph purchased 25 units at Horizon in 2009, all to be retained in the company’s property portfolio. In 2013, when Delph were negotiating the purchase of the neighbouring Eclipse project by the same developer, it was discovered that 28 unsold units remained at Horizon and that negotiations between the developer and a potential purchaser had terminated. Delph promptly put forward a new deal offer to include the purchase of the Horizon units with the Eclipse units, therefore relieving the developer of its entire remaining commitment in the developments within the one transaction.
Delph purchased 25 units at Horizon in 2009, all to be retained in the company’s property portfolio. In 2013, when Delph were negotiating the purchase of the neighbouring Eclipse project by the same developer, it was discovered that 28 unsold units remained at Horizon and that negotiations between the developer and a potential purchaser had terminated. Delph promptly put forward a new deal offer to include the purchase of the Horizon units with the Eclipse units, therefore relieving the developer of its entire remaining commitment in the developments within the one transaction.
Development Name:
Horizon
Location:
Bristol
Tenure:
Long Leasehold
Horizon
Location:
Bristol
Tenure:
Long Leasehold
Number of Units Purchased:
53
Vendor:
Developer
53
Vendor:
Developer