Commercial Auction Annual Review 2014
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2014 Auction Sale Highlights

February Auction

Lot 48 Wimbledon, London MOTOR TRADE Let to Kwik Fit Properties Ltd on a reversionary lease expiring 2029
SOLD £1.26m (5.25% NIY)
Lot 54 Finchley, London RETAIL Parade of four shops and a residential investment, with total rents reserved at £189,160pa
SOLD £2.6m (6.9% NIY)

March Auction

Lot 75 Norwich RESTAURANT Freehold restaurant investment let to Prezzo plc until 2024
SOLD £1.22m (5.5% NIY)
Lot 89 Manchester RETAIL Freehold shop investment let to Starbucks at £100,000pa until 2025
SOLD £2.24m (4.2% NIY)

May Auction

Lot 31 Stockport BANK Let to Barclays Bank plc at £210,000pa until 2026
SOLD £2.5m (7.9% NIY)
Lot 93 Westerham OFFICE Freehold office investment let until 2019 with total rent reserved at £98,280pa
SOLD £1.37m (6.8% NIY)

July Auction

Lot 116 Islington, London LEISURE Public house investment let to Slug & Lettuce at £124,696pa on a 25 year lease
SOLD £3.16m (3.73% NIY)
Lot 119 Taunton BANK Let to TSB Bank plc until 2020
SOLD £1.11m (5.45% NIY)

October Auction

Lot 75 Crawley LEISURE Grade II listed restaurant let to Ask Restaurants Ltd until 2024
SOLD £1.51m (6.4% NIY)
Lot 216 Bridgend LEISURE Drive-thru restaurant let to KFC until 2032
SOLD £1.05m (6.6% NIY)

December Auction

Lot 12 Luton GROUND RENT Ground rent secured upon 28 modern office / industrial units and one undeveloped plot
SOLD £1.41m (3.9% NIY)
Lot 100 Cirencester OFFICE Freehold office investment let on a new 20 year lease with total rent reserved at £117,165pa
SOLD £1.61m (6.8% NIY)