Riverside Capital has achieved planning permission to make improvements to its student properties in Newcastle.
The permissions will allow for the addition of six bedrooms, bringing the total number of bedrooms across the Newcastle element of the portfolio up to 50.
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Riverside Capital has commenced works to improve Sherborne House, 119-121 Cannon Street.
The rolling refurbishment programme has begun with improvement works to the reception and lift renovations.
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Riverside Capital has achieved planning consent to improve and extend Sherborne House, 119-121 Cannon Street.
This permission will allow us to gain an additional 4,167 sq. ft. of lettable floor area at 5th and 6th levels as well as new roof terraces to each of these floors.
In addition, the planning consent will enable us to improve the reception area, and provide communal cycle storage and shower facilities to the building.
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Riverside Capital has moved offices to occupy a new corner of Mayfair.
One Heddon Street, a brand new building provided by the Crown Estate, is the company's new home.
Riverside Capital is enjoying its new location in the heart of the West End and is happy to support sustainability and healthy places and habitats, in occupying one of the first WELL approved buildings in the area.
We look forward to welcoming friends of Riverside Capital to our new location, details of which can be found here.
Riverside Capital has completed another purchase for the Student Housing Portfolio in the second of its target cities, Newcastle.
3-6 Portland Terrace - comprising eight, five and six bedroom apartments spanning a continuous row of four properties - was purchased by Riverside Capital investors for £2,925,000 million, or £66,477 a room.
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Riverside Capital has let a retail unit in Leeds, part of its 2016 forward funding project comprising three retail properties, to One Below Limited.
The unit, previously occupied by Poundworld Retail Limited, has been let for a ten year term with upward only rent reviews.
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Riverside Capital has achieved planning consent from Hackney Council to extend and improve the office areas on the fourth floor of Old Street Works, 197-205 City Road.
The permission grants us the ability to add a potential 1,000 sq. ft. extra to the space, which would add significant value to the property.
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Riverside Capital has completed on nine student houses in Liverpool; the first properties in its Student Housing Portfolio.
The houses, purchased for £3,330,600, are all currently let to students and sit within the popular Wavertree area.
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Riverside Capital has exchanged contracts to purchase the first properties in its Student Housing Portfolio: nine student houses in Liverpool.
The properties, all currently let to students, sit within the popular Wavertree area.
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Riverside Capital is pleased to announce that the 1st floor at Sherborne House, 119–121 Cannon Street, has been let.
The new letting is the first lease to be signed following the purchase of the 57,777 sq. ft. asset by Riverside Capital investors in June this year.
Kellan Group PLC, a market leading recruitment company with six offices in London and other major UK cities, has taken a 10 year lease to occupy the 8,388 sq. ft. space.
The AIM Listed company operates three recruitment brands: RK, Quatica and Berkeley Scott servicing the Information Technology, finance and hospitality sectors respectively, and provides a valuable addition to the tenant mix at Sherborne.
Riverside Capital continues to roll out its asset management plan for the building to improve the 5th and 6th floors and let remaining space to strong covenants.
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