February Auction
Lot 6
Lewes
BANK
Attractive town centre building entirely let to Bank of Scotland Plc (T/A Halifax) at £62,000pa. Lease expires 2031.
SOLD
£1.22m
4.80% NIY
Lot 7
London, SW6
RETAIL
Café with garden and large maisonette.Total rent £58,760pa (rising to £60,755.12pa in Year 3.) Future redevelopment opportunity.
SOLD
£1.7m
3.31% NIY
February Auction
Lot 67
Leicester
RESTAURANT
Well located city centre restaurant entirely let to McDonalds Property Company Ltd at £109,000pa.Lease expires 2036 (no breaks).
SOLD
£2.7m
3.79% NIY
Lot 76
Reading
RETAIL
Well located Parade of Five shops with offices (part vacant) above in pedestrianised position near Waitrose. Let at £252,865pa.
SOLD
£3.5m
6.78% NIY
February Auction
Lot 78
Bournemouth
MOTOR TRADE
Tyre and exhaust depot let to Kwik Fit Holdings Ltd at £34,778.22pa. Reversion 2027. Future redevelopment opportunity.
SOLD
£730,000
4.52% NIY
Lot 96
Bury
OFFICE
Prominent corner office of 5,800 sq. ft. entirely let to an established firm of Solicitors on a new 15 year lease (no breaks) at £47,400pa with RPI linked reviews.
SOLD
£905,000
4.96%
March Auction
March Auction
Lot 11
Brighton
LEISURE
Newly fitted restaurant let to Patty & Bun Ltd at £105,000pa on a new 20 year lease (no breaks). Well located in The Lanes.
SOLD
£1.8m
5.49% NIY
Lot 15
East Harling
MEDICAL
Dental surgery let to Whitecross Dental Care Ltd at £14,000pa until 2024. Parking at rear.
SOLD
£245,000
5.57% NIY
March Auction
May Auction
Lot 19
Orpington
RETAIL WAREHOUSE
Trade Counter Warehouse unit let to Multi Tiles Ltd on a new 20 year lease (no breaks) at £100,000pa.
SOLD
£1.78m
5.29% NIY
Lot 21
Wetherby
BANK
Well located town centre Bank of Scotland let at £28,000pa until 2031without breaks in historic Yorkshire town.
SOLD
£630,000
4.23% NIY
May Auction
Lot 67
Worcester
INDUSTRIAL
Industrial unit let to Specialist Building Products Limited (t/a Permadoor) until 2031 (No Breaks) at £76,000pa with guarantee from Epwin Group Plc.
SOLD
£1.2m
5.98% NIY
Lot 76
Bolton
GROUND RENT
Ground rent on site of 1.9 acres on which is light industrial/office park. Let until 2106 (87 years) at £29,500pa.
SOLD
£660,000
4.25% NIY
May Auction
Lot 90
Beaconsfield
RETAIL
Attractive Corner Property, let to W H Smith Retail Holdings Ltd at £77,500pa on a lease expiring 2023. Large upper parts.
SOLD
£2.06m
3.54% NIY
Lot 91
London, N22
RETAIL
Two well located shops plus offices above with residential conversion potential. Total rents £95,000pa.
SOLD
£1.725m
5.19% NIY
July Auction
Lot 12
Enfield
BANK
Entirely let to Bank of Scotland Plc (t/a Halifax) let at £95,000pa until 2031 without breaks. Includes upper floors with residential potential subject to planning.
SOLD
£2.13m
4.2% NIY
Lot 17
Skipton
RETAIL
Well located Estate Agents in attractive market town. Let at £41,000 until 2028.
SOLD
£690,000
5.64% NIY
July Auction
Lot 91
Mitcham
Investment
Detached building (6,641 sq. ft.) with car parking providing a private school let at £108,440pa. Popular South London area.
SOLD
£2.27m
4.49% NIY
Lot 94
Tunbridge Wells
LEISURE
Attractive restaurant in affluent town entirely let to Azzurri Restaurants T/A Zizzi until 2041 (no breaks) at £72,990pa.
SOLD
£1.81m
3.8% NIY
July Auction
Lot 108
Grimoldby
RETAIL
Convenience Store let to Co-operative on new 15 year lease from May 2018 (no breaks) with RPI increases. Rent £72,000 pa.
SOLD
£1.42m
4.78% NIY
Lot 110
Barking
INDUSTRIAL
5,673 sq. ft. of industrial units on site of 0.41 acres within 50 metres of North Circular. Let on 2x new 10 year leases at total £86,965pa.
SOLD
£1.7m
4.82% NIY
