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Commercial Auction Annual Review 2015
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2015 auction sale highlights

February

Lot 44 Beckenham LEISURE Freehold shop investment, let to Nando's Chickenland Ltd at £90,875pa until 2033 (no breaks).
SOLD £1.69M 5.1% NIY
Lot 60 Enfield MOTOR TRADE Freehold tyre fitting depot investment let to Kwik-Fit at £60,282 pa with lease expiring 2027.
SOLD £1.07M 5.3% NIY

March

Lot 10 Bangor LEISURE Freehold drive-thru restaurant investment, let to McDonald's at £73,500 pa until 2025.
SOLD £1.24M 5.6% NIY
Lot 84 Lewisham, London SE13 MIXED-USE RETAIL Freehold parade of six shops and thirteen self-contained flats.
SOLD £5.02M 5.4% NIY

May

Lot 22 Cirencester OFFICE 9,986 sq ft modern office, lessees include BAe Systems and Smiths Gore, £146,064 pa.
SOLD £1.62M 8.5% NIY
Lot 106 Gatley OFFICE Let to Intervoice Ltd at £250,000 pa until 2016. Consent granted for 24 residential units.
SOLD £2M £73 PSF

July

Lot 101 Bristol MULTI-LET RETAIL Two newly built Freehold shop investments, let to WM Morrison until 2029 and Connells Residential until 2030
SOLD £1.52M 5.4% NIY
Lot 107 Falmouth RETAIL Freehold shop investment, let to Mountain Warehouse on a new 10 year lease at £75,000 pa. Review 2025.
SOLD £1.01M 7% NIY

October

Lot 75 Streatham, London SW16 RETAIL Freehold convenience store investment, let to Tesco Stores Ltd until 2022 at £81,759 pa
SOLD £2.09M 3.7% NIY
Lot 105 Leeds INDUSTRIAL Retail warehouse investment, let to Saint Gobain Building Distribution Ltd on a lease expiring 2023 at £87,500 pa.
SOLD £1.1M 7.5% NIY

December

Lot 77 Holloway, London N7 RETAIL Three modern restaurants. Ground floor shop let to Boots UK Ltd at £75,000 pa. Lease expires 2023
SOLD £1.5M 4.7% NIY
Lot 94 Widnes RETAIL Four modern virtual Freehold shops, let to Barnados, Subway, White Cross Vets and Bargain Booze. Whole let at £81,000 pa.
SOLD £1.1M 7% NIY
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