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This week’s email comprise a development opportunity in Wembley and a selection of investments currently being marketed. - see below for further information
If you would like to use Open Market Listings to market your property sales to 28,000 potential buyers call Richard Goff tel: 0203 214 0175 or email rgoff@costar.co.uk
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WEMBLEY – 1 Beresford Avenue
*Potential mixed use development opportunity*
Warehouse/office building arranged over 3 floors. For the
building there is a proposed development scheme consisting
of B2/B8, B1/B2 affordable workshop units and a 100
residential units.
Let to a film production company for a term of 5 years outside
the Landlord & Tenant Act 1954.
Price: £4,500,000
Agent: Monopoly Estates |
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BARNSTAPLE - The Old Aerodome, Chivenor
*With potential for refurbishment & redevelopment (stpc)*
A range of buildings currently in commercial use, together with
a detached residential bungalow - rental income £75,050 pa
Multi-let - see tenancy schedule for further information
Price: Offers are invited in excess of £1,000,000
Agent: Stags |
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EDINBURGH – Mixed Residential/Commercial Portfolio
*High quality portfolio well located throughout the City*
Portfolio of 13 residential flats and one commercial unit, all the
flats have been recently refurbished to a high standard.
All flats have tenancies guaranteed for at least 12 months
from date of purchase – all rented to professionals/students.
The commercial unit is let until Sept. ‘10
Price: Offers
Agent: Shepherd Commercial |
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FAREHAM – 101 West Street
*Fixed rental increases due in Feb. ’09 & Feb ‘10*
Purpose built 2 storey retail unit
Let to New Fashion (Southern) Limited until Feb. ‘23
Price: £675,000 NIY: 2008= 6.31% 2009=6.65% 2010=7%
Agent: Hughes Ellard |
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ORMSKIRK – 80 Derby Street
*Freehold student accommodation in popular university town*
3 adjoining properties set around a courtyard providing 18
double bedrooms in total – property was refurbished in 2007
and offers further development potential
Currently let individually on AST’s to September ’08 – all
rooms are reserved for the next academic year at £62,340 pa
Price: £900,000 Net Initial Yield: 6.17% Rev. Yield: 6.55%
Agent: Spring 4 Joint Agent: J Fitton & Co |
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MAGHULL – 10 acre Eco-Retirement Village
*Joint development venture – silent partners opportunity*
10 acre site is in the pre-planning stage for an Eco-Retirement
Village with a significant care element. An opportunity exists
for a partner to join Priory Asset to progress the asset to a
proposed point of fruition within 24 months. A minimum
capital input of one hundred and fifty thousand pounds and up
to one million pounds would be considered. The current
proposal has a gross pre development value of circa ten
million pounds.
Price: Minimum capital input of £150,000 to £1,000,000
Agent: Priory Asset Ltd |
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SITTINGBOURNE – M-Real, Mill Way
*Prime Town Centre Development/Investment Opportunity*
Three freehold properties available, following the closure of a
paper mill, offering a key mixed use redevelopment
opportunity within the town centre of Sittingbourne forming
part of the regeneration of the town. The Mill site indicates
potential for between 400 and 900 units.
The Wharf site with its waterside location at the head of the
creek has the potential to be the focal point of regeneration of
a larger area.
Price: Offers to be submitted by midday 12th September ‘08
Agent: Strutt & Parker LLP |
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LEICESTER – Raw Dykes Retail Park, Raw Dykes Road
*Over 80% of income secured against D&B 5A1 covenants*
Purpose built retail warehouse split into three units
Let on three leases with 16 years unexpired with Staples and
17 years with Fitness First.
Price: £5,695,000 Net Initial Yield 7%
Agent DTZ |
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NORTH EAST OF ENGLAND – Two Doctor’s Surgeries
*Sale & Leaseback – assured NHS rental income*
Two Doctor’s Surgeries situated in the north east of the
England. With assured NHS rental income from two separate
15 year sale and lease back agreements, both with 5% initial
returns. One contract to increase gradually every year on one
rental contract and every 4 years on the other contract.
Price: £1,000,000 |
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