Craigard Investments – What A Difference 8 Months Can Make!
A lot can happen over the course of a year, and even more in eight months if you are Paul Foster. He has managed to return to his roots on the south coast from Warwickshire, set up his own business, Craigard Investments, and has now secured four properties worth £15million, creating a large wave in the property investment market. Pretty impressive stuff in a few months.
The acquisition of Hampshire House in Southampton is the latest property addition to the ever-growing client list. A 1960’s block just below Bar Gate, Craigard plan to refurbish and improve the original building. Their tenants include Barclays Bank, Solent Blue Line, Twilo the hairdresser, Universal Recruitment and Reed Employment. "This property showed enormous potential, and I believe that we will be able to sensitively refurbish the existing premises that will generate more business for the tenants, whilst enhancing the High Street" comments Paul Foster.
Hampshire House is not the only investment for this growing business, both the IO Centre on Segensworth Industrial Estate and the Mack premises on Nursling Industrial Estate have also been acquired by Craigard. "Both areas are very busy trading estates, and were a positive move for the company. By investing in these areas, we are steadily moving towards our first year’s goal – the beginnings of a diverse well structured portfolio full of opportunity. It was always going to be tough, but I think we will achieve," adds Paul.
"I have always wanted to move forward quickly with Craigard, but our success in acquiring these properties exceeded all my expectations for 2005."
So what of the future? Well Paul Foster intends to build on the start the Southampton–based company has already made. "I started Craigard Investments with strong market experience and a belief in the great potential offered in the South of England. Our initial success has proved it was the right decision but we are far from complacent; we are always on the lookout for future prospects and we now want to build a robust and substantial long term business."