Comprised of 2 sites  80,000 sq. ft. | Site size of 3.5 Acres.

Private Treaty Sale & Leaseback From Owner Occupier

Purchased from owner occupier and simultaneously leased back to them on flexible lease terms.

Deal structure released working capital for the occupier and assisted in facilitating their move to a modern, purpose built, storage & distribution facility.

Strategy likely to involve refurbishment and leasehold disposal of site A and a comprehensive redevelopment of site B.

Vacant.

9,700 sq. ft.

Listed in Allsop auction and bought prior.

£750,000

Purchased from Topps Tiles whom formerly occupied as regional head office.

Exchange of contracts took place 1 day from acceptance of offer. With completion taking place 30 days thereafter.

Purchase price reflected low capital value in strong office location.

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Freehold.

Part Vacant.

40,000 sq. ft.                 

Bought at auction from Acuitus.

Property Purchased at auction.

Under-performing office park.

*50% vacant.

*break-up opportunity.

*Required comprehensive refurbishment and marketing program.

Freehold.

Vacant.

16,000 sq. ft.

Private Treaty

Purchase with Vacant Possession.

£525,000.

Purchased from private landlord.

Simultaneous Exchange and Completion within 6 weeks.

Property bought with vacant possession, purchase price reflected very low capital value.

Occupied.

2,090 sq. ft.

Listed in Pugh Auction and bought prior.

£235,000.

Purchased via Pugh prior to auction.

Exchange of contracts took place 7 days from acceptance of offer.

Income at point of purchase reflected yield of 13%.

PLC tenant in situ but on short lease.

Regear opportunity.

Freehold.

3,000 sq. ft.

Private Treaty.

£313,000.

Purchased from large holder of McColls Investments.

10 years secure income to excellent covenant.

Income at purchase reflected yield of 8.8%.