Finding a second home
Garrington were instructed to secure a substantial, family-orientated holiday home on the coast. The client was in no rush to find the property; the priority was to find the perfect second home.
The Search
The requirement was for a property that offered a sound long-term investment as well as sea views and proximity to sandy beaches. The property needed to work for the family, having adequate bedrooms and entertaining space.
Garrington were covering a large search area and kept in regular contact with local agents and other industry professionals to ensure that no suitable properties were missed.
Several houses were considered but none quite hit the spot.
Exclusive access
Through one of their established contacts, Garrington was introduced to a wonderful modern property.
Although it was going to be coming up for sale the timescales were unknown as the vendor had other priorities at the time.
The client was immediately taken with the property and instructed Garrington to secure it on their behalf.
Negotiation
Garrington established that, whilst the personal situation of the vendor was complex, a cash offer to include a swift and uncomplicated sale was likely to be attractive to them.
The initial offer was rejected but after lengthy negotiation and an increased bid, the vendor agreed to sell the property to Garrington’s client.
IT was agreed that the sale would include fixtures, fittings and furniture within the price.
Value Delivered
This was an ‘off-market’ purchase which meant our client was not in competition with other prospective buyers.
Despite the exclusivity, Garrington was still able to negotiate a substantial saving on the vendor’s original guide price.
The extension of negotiations to include the fixtures, fittings and furniture meant that the property offered a turn-key solution and an ideal second home for our client.
