Property list

Key points

• Excellent opportunity to acquire two purpose-built student accommodation (PBSA) properties on an income strip.
• Located within the Moray and Highland regions of Scotland – Nairn and Dornoch – the sites offer strong communication links via the nearby A9 and A96 trunk roads.
• Each property provides 40-beds within cluster flats (38-beds) and studios (2-beds).
• Let to the University of the Highlands and Islands on 35 year lease terms, expiring in 2052, with no breaks.
• Total current passing rent of £280,028 following August 2018 RPI uplift.
• Both leases benefit from annual rent reviews on a RPI linked basis, subject to a collar of 0% and cap of 5%.
• Attractive running yield profile over the lease term.
• We are instructed to seek offers in excess of £5,025,000 (exclusive of VAT) for the benefit of the income produced. A purchase at this level would provide an attractive net initial yield of 5.25% following an allowance for purchasers costs of 6.11%..

Key points

• Prominently positioned in the town centre with dual frontage onto Chalon Way West and Linkway West.
• Purpose built leisure scheme totalling 57,510 sq ft with rights to park on 343 spaces.
• Freehold
• WAULT of over 15.9 years to lease expiries and 6.3 years to breaks.
• Total passing rent of £691,391 pa, reflecting a low average rent of £12 per sq ft.
• Secure income stream with 100% of the passing rent secured by Minimum Risk rated covenants (Dun & Bradstreet).

Key points

• 6,320 sq m (68,000 sq ft) of retail accommodation with 315 car spaces.
• Other Tenants on the Park include M&S Simply Food, Argos, Halfords, Brantano, Poundstretcher, Iceland and Family Bargains.
• Potential to develop A1/A3 unit of up to 4,000 sq ft.

Key points

• Located within the Moray and Highland regions of Scotland – Nairn and Dornoch – the sites offer strong communication links via the nearby A9 and A96 trunk roads.
• Each property provides 40-beds within cluster flats (38-beds) and studios (2-beds).
• Let to the University of the Highlands and Islands on 35 year lease terms, expiring in 2052, with no breaks
• Total current passing rent of £280,028 following August 2018 RPI uplift.
• Both leases benefit from annual rent reviews on a RPI linked basis, subject to a collar of 0% and cap of 5%.
• Attractive running yield profile over the lease term

Key points

• The property comprises a purpose built bingo hall extending to 3,281 sq.m. (35,337 sq.ft.) with 223 car spaces, let to Mecca Bingo Ltd (D&B rating of 5A1)
• The site extends to a total of 3.37 acres reflecting a low site coverage of c.21%.
• There has been significant investment in Dundee in recent times which forms part of a wider, longer term plan to regenerate and reinvent itself as a national cultural centre and hub
• Other occupiers in the immediate vicinity include Wickes Extra, McDonalds, ASDA, Pets at Home, Bensons for Beds and Archers Sleep Centre
• Heritable Interest (Scottish equivalent of English Freehold)
• Tenant has recently refurbished and agreed a new 10 year extension to their existing lease
• Let to Mecca Bingo Ltd subject to a schedule of condition at £319,864 per annum (£9.05 per sq.ft.) until September 2031 (12 years unexpired)
• Located in a well-established out of town retail and leisure zone on the North East side of Dundee city centre. Directly adjacent to Kingsway East Leisure Park which is anchored by Odeon Cinema (who have recently committed to a 10 year extension to their existing lease)

Key points

• Established trade park
• Located off Davies Road, close to the Four Pools Retail Park
• 0.5 miles north of the A46
• Tenants include; Screwfix, Buildbase, Tile Giant, Topps Tiles, City Electrical Factors and Toolstation.
• Dedicated yard/loading and car parking
• Glazed pedestrian entrance

Key points

• Located within walking distance from Reading town centre and Reading railway station
• Easily accessible by car from the town centre and the M4
• Tenants include Homesense, DFS, Sofology, Natuzzi, Bensons and Harveys
• Part Open A1 (inc food) and part restricted

Key points

• Development opportunity with the potential for circa 30 residential units
• 28-29 dwellings
• Offers are invited for the freehold interest on a Subject to Planning basis.

Key points

• Prime pitch in Chelmsford's £120m retail and leisure scheme
• Nearby occupiers include John Lewis, North Face, FatFace, Phase Eight, Everyman and Joules
• 6m glazed frontage
• Contemporary high quality specification - developed in 2016
• High ceiling heights

Key points

• Prime A1/A3/A4 Opportunity on Friary Street, Guildford, located next to the new McDonald's
• Neighbouring occupiers include McDonald's, Nandos, Five Guys and TK Maxx
• 6,237 sqft ground floor unit available with prominent frontage
• Ground unit can be split upon application

Key points

• Prime high street location
• Prominent corner pitch on the high street and market street
• Nearby occupiers inlclude House of Fraser, Superdry, Ted Baker, Khiel's, Gant, TM Lewin, Hugo Boss and Massimo Dutti
• Opposite the entrance to Tunsgate Square Shopping Centre

Key points

• Self containted site
• Prominence onto the A13
• Gatehouse HGV access
• 6 loading doors
• Building sits on 2.45ac

Key points

• Highly accessible location on the edge of the city centre, close to the A61, linking the property with the arterial ring road of Sheffield. Direct access to the super tram system providing rapid, city wide connectivity.
• Purpose-built foodstore of 40,576 sq ft (3,770 sq m) landlord GIA with a superb parking ratio of 1:119 sq ft
• Freehold site of 5.88 acres with a very low site coverage of 18%
• Highly secure income to Tesco Stores Limited for an unexpired term of over 14.5 years.
• Successful trading store with the tenant having recently entered into a 15 year reversionary lease in November 2018.
• Minimum contractual rent of £560,000 per annum, reflecting a very low £13.80 per sq ft. Subject to an outstanding rent review where an uplift is expected.

Key points

• Prime location on The Square
• Highly visible return frontage into Rams Walk
• Over 800 car parking spaces within the vicinity

Key points

• Freehold For Sale
• The site extends to 0.55 hectares (1.37 acres)
• A Former redundant Medium Secure Unit with 16 en-suite bedrooms on the ground floor with office accommodation on the first floor extending to approximately 11,937 sq. ft. GIA (1,109 square metres GIA)
• Separate Listed Cottage set in a walled garden.

Key points

• 5 retail warehouse units and 6 restaurants / pods comprising 156,592 sq ft
• Fully let to B&Q, Pets At Home, Halfords, Wren, Tapi, Creams, Subway, Domino's, McDonald's, KFC and Starbucks
• Prominently located of A1020 in one of the principal retail centres of east London
• Immediate area froms one of the largest critical masses of retail warehousing in the UK
• 3.57m people in a 30 minute drive

Key points

• Units of 5,000 sq ft and 10,000 sq ft available to let. Can be combined to provide 15,000 sq ft
• Recent lettings to The Food Warehouse and Bargain Buys
• Tenants include Currys PC World, Boots, Costa and Matalan
• Prominent location fronting the A61 Chesterfield Road
• Open class E food consent