If you are having problems viewing this email, please click here
Showcase Investment Property
 
19th January 2012
Hello $$firstname$$
This week's email comprises 5 new investment properties while the prices has been reduced for Waterlooville – 19/20 Stratfield Park – see below for details

To access all recently marketed investment property click here

To use Showcase Investment Listings to market your property sales to 18,000 potential buyers call Richard Goff 0207 009 2875 or email rgoff@costar.co.uk
 
Investment Property
BOURNEMOUTH – Post Office Road
*Restaurant Investment with Student Accommodation above*
Impressive building providing a recently refurbished ground floor
restaurant, 2 floors above providing student accommodation
Ground floor let to Pizza Express Restaurants until Jan. ’36,
(71% of the income) 1st & 2nd Floors let to Kings School of
English (Tuition) Ltd) t/a Kings Colleges Bournemouth on a new
15 year RPI lease from Jan ‘12
Price: Offers in the region of £2,075,000 Net Initial Yield: 5.75%
Agent: Philips Lockhart
 
More Information    
LUDLOW – Foldgate Lane
*Hotel Investment – Ideal lot size for a private investor/SIPP*
Modern purpose–built Travelodge hotel constructed in 2006
providing 41 bedrooms over 2 floors – 47 car parking spaces
Let to Travelodge Hotels Ltd until Dec. '31 with 5 yearly RPI
rent reviews
Price: Offers in the region of £1,834,000 Net Initial Yield: 6.25%
Agent: Philips Lockhart
 
More Information  
NORWICH – Ketts Court, 1–7 St Stephen's Road
*Prominently located freehold retail investment*
11,014 sq ft of retail accommodation at ground floor level
arranged in 2 separate units.  Residential to above & rear.
Unit 1 let to Multiyork Furniture Ltd until March '21.
Unit 2 let to Subway Realty Ltd until March '21, with break
option in March '16.
Residential parts let to Elderhart Residential Limited until July
2131 at peppercorn rent.
Total income of £165,500 pa, rising to £167,500 pa in March '13
Price: Offers in excess of £1,850,000 Net Initial Yield: 8.5%
Agent: Cluttons LLP
 
More Information  
SALISBURY – 23 Catherine Street
*Well secured retail investment – Not VAT registered*
Two storey building providing a ground floor retail unit
Let to Barnardos until August ‘21
Price: £475,000 Net Initial Yield: 6.02%
Agent: Reid Rose Gregory
 
More Information  
WIGAN – 58/60 Market Place
*Prime retail location in pedestrianised town centre*
Pair of imposing retail units providing ground floor retail space
with ancillary office accommodation above – refurbished in ‘06
Let to Bank of Scotland Plc until February ‘17
Price: £2,200,000 Net Initial Yield: 5.8%
Agent: Hughes Ellard
 
More Information  
 
Price Reduction
WATERLOOVILLE – 19/20 Stratfield Park
*Self contained unit – On–site parking – Long term lease*
2 freehold 1980's constructed self contained 2 storey business
units which have been combined to provide a double unit
Let to Eurotech Fire Systems until June '21 – rent £52,500 pa
Price: £499,000 Net Initial Yield: 9.92%
Agent: Holloway Iliffe & Mitchell
 
More Information    
 
Last Week's Properties
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
 
More Information    
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
 
More Information   More Information
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
 
More Information   More Information
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
 
More Information    
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
 
More Information    
 
Contents
Investment Listings
Investment Property
Price Reduction
Last Weeks Properties
Property Related Websites
Propex Portal
Costar Group
Shopproperty
FOCUS
 
 
 
 
 
 
Subscribe to this email
If this email has been forwarded to you by a colleague and you would like to receive it on a weekly basis,
click here to subscribe
  Unsubscribe
To unsubscribe, click here and send an email with 'unsubscribe' in the subject line.
  New Email Address?
Are you changing your email address? If so, click here to notify us so you can continue to receive the Weekly Email.