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12th January 2012
Hello $$firstname$$
This week's email comprises 3 new investment properties while the prices has been reduced for both Ashton–under–Lyne – Unit 1, Tameside Park & Southampton – 98 Above Bar Street – see below for details
To access all recently marketed investment property click here
To use Showcase Investment Listings to market your property sales to potential buyers call Richard Goff or email rgoff@costar.co.uk
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Investment Property |
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BLACKPOOL – 86–94 Church Street & 1–3 Abingdon Street
*Prime, prominent investment with good growth prospects*
Town centre building providing two retail units & a restaurant
Well secured with 85% of the income from Ladbrokes &
Pizza Express restaurants with long unexpired terms
Price: Offers in the order of £2,000,000 Net Initial Yield: 7%
Agent: White Druce & Brown
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UXBRIDGE – 268–270 High Street
*Fully let retail/office investment – new leases from 2011*
Modern 3 storey building providing two retail units on ground
floor and offices on the 1st and 2nd – 11 car parking spaces
Fully let on new leases in 2011 producing £134,925 pa rising to
£135,925 pa on 1st Feb. ‘12 – see details for further info.
Price: £1,760,000 Net Initial Yield: 7.25%
Agent: Simon Williams
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LIVERPOOL – The Kiddy Factory, Estuary Commerce Park
*Well located nursery investment opportunity*
Constructed in 2006, a modern single storey children’s day
nursery configured to a high standard
Let to Kiddy Factory Limited until April ’26 (no breaks), rent
reviews: min. 12.5% or open market review (whichever higher)
Price: £710,000 Net Initial Yield: 9.98% (Offers considered)
Agent: WHR Joint Agent: Matthews & Goodman
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Price Reduction |
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ASHTON–UNDER–LYNE – Unit 1, Tameside Park
*Well let, prominently located, freehold warehouse investment*
Constructed in 1997 a modern 3 bay warehouse with
integral 2 storey offices
Site area: 1.53 hectares Low site cover of 31%
Let to Ball & Young (trading as Vitafoam Limited) until May ‘22
Price: £2,835,000 Net Initial Yield: 8.5%
Agent: WHR Property
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SOUTHAMPTON – 98 Above Bar Street
*Well secured retail investment – occupied by Burger King*
Mid terraced building arranged on ground & two upper floors
Entire property is let to Caspian Food Services Ltd trading as
Burger King until June ‘23
Price: £1,400,000 Net Initial Yield: 7.43%
Agent: Reid Rose Gregory
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Last Week's Properties |
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BIRMINGHAM – Apex 5 & 6, Harborne Road
*Established prominent office location – ‘5A1’ rated covenants*
Two self–contained office buildings, 17,420 sq ft over 2 buildings
Let to Lombard North Central Plc and The Royal London Mutual
Insurance Society until Dec. ’15, total passing rent: £353,502 pa
Available together or individually.
Apex 5: £1,600,000 Net Initial Yield: 12.85%
Apex 6: £1,050,000 Net Initial Yield: 12.15%
Agent: Colliers International
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MANCHESTER – Unit 17B Cobra Court, Trafford Park
*Modern office building let to a strong covenant*
Semi-detached, self–contained office building, constructed in
2006 – 4,068 sq ft with 15 car parking spaces
Let to Daikin Airconditioning UK Limited until Jan 2016
Price: £388,000 Net Initial Yield: 10%
Agent: Jones Lang LaSalle
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