Key points

• Mansfield is the second largest settlement in Nottinghamshire with a population of 110,500 (2021).
• The property is situated 0.6 miles from Mansfield town centre and occupies a prominent position immediately off Nottingham Road (A60) and adjacent to occupiers including Sainsbury’s, Aldi and Currys.
• Large captive catchment population of 189,300 within a 15-minute drive time, increasing to 306,000 within 20 minutes.
• Purpose-built cinema and bingo anchored leisure park extending to 75,052 sq ft GIA with 561 surface car parking spaces (1: 134 sq ft).
• Fully let to tenants including Odeon, Club 3000, Nando’s, McDonalds, Bella Italia and Serenity.
• The scheme produces an annual rental income of £1,077,298 per annum, reflecting £14.35 per sq ft.
• 72% of the scheme's current income benefits from inflation-linked or fixed rental uplifts.
• WAULT to expiry of 11.1 years, and 10.7 years to break.
• Freehold. 7.14 acres (25% site coverage).

Key points

• Handsworth is an established inner-city suburb of Birmingham, the commercial centre for the Midlands region.
• Prominent position fronting Holyhead Road (A41), a main arterial road into Birmingham.
• Purpose-built retail warehouse extending to 26,960 sq ft GIA.
• Recently regeared and let to Wickes Building Supplies Ltd until September 2033, providing approximately 8 years unexpired.
• Passing rent of £282,860 per annum, reflecting an affordable £10.49 per sq ft.
• The rent is subject to a further upwards only rent review to open market value (capped at 3% pac) in September 2028.
• Freehold. 1.72 acres.

Key points

• We are instructed to seek offers in excess of £6,005,000 (Six Million and Five Thousand Pounds), subject to contract and exclusive of VAT for our client's virtual freehold interest.
• A purchase at this level would reflect an attractive net initial yield of 6.25%, assuming standard purchaser's costs of 6.63%.

Key points

• 0.61 acre freehold retail and development opportunity in Peterborough City Centre
• The Property comprises two vacant former retail units, totalling 90,907 sq ft (GIA) arranged over 4 storeys with additional basement plant and services.
• Highly prominent position on the corner of the pedestrianised Bridge St and Bourges Boulevard, within the heart of the cities vibrant retail hub.
• Residential redevelopment potential, with initial testing showing capacity for a minimum of 50 residential units
• Site allocation within the Peterborough City Centre for residential use (Site No. 50140)
• Offers for the Freehold interest are sought on an unconditional basis
• Subject to condition offers will be considered for redevelopment proposals

Key points

• Located approximately a 2 minute walk off Tottenham Court Road
• Self contained ground floor entrance
• Impressive 9 metre ceiling height on the lowest trading level
• 25 metre swimming pool

Key points

• Mixed-use site extending to approximately 0.18 acres with significant redevelopment prospects.
• Prominently located in the affluent commuter town of Brentwood, situated 115 metres from the Elizabeth Line station, providing direct access into Liverpool Street (39 minutes) and Bond Street (45 minutes).
• The property comprises 15,774 sq ft NIA (17,776 sq ft GIA) across ground and four upper floors. The ground floor retail is fully-let to two tenants whilst the uppers are largely vacant, with the last remaining office tenant holding over.
• The site is situated outside of an Article 4 Directive and could therefore be well-suited for residential conversion under Permitted Development Rights.
• Structural reports are supportive of a vertical extension which could be achieved via Class AB under PDR.
• 10 onsite parking bays located to the rear of the property.
• Offers are invited on an unconditional basis for the Freehold interest.

Key points

• Well located and vibrant town centre leisure scheme on a 2.84-acre freehold site, extending to 112,420 sq ft NIA.
• Located in Milton Keynes, one of the fastest growing cities in the UK.
• Strong housing growth with capacity for 16,500 new homes to be developed in the city centre.
• Large, densely populated catchment of 334,900 people within 20 minutes and 863,600 people within 30 minutes.
• Located in the core retail and leisure area for the city centre.
• The adjoining Milton Keynes Theatre, with over 1,400 seats, is one of the most successful regional theatres in the UK driving additional footfall.
• Fully-let to a diverse tenant mix of 20 restaurants, bars and entertainment operators
• Strong tenant demand with flexible unit sizes from 2,000 to 15,000 sq ft NIA.
• Attractive length of income with a WAULT to expiry of 10 years.
• Total passing rent of £1,518,026 pa, reflecting a low and affordable £13.50 psf. Net operating income £1,472,823 pa.
• 39% of income subject to fixed or inflation-linked rental uplifts.
• Asset management potential to further drive performance.
• We are instructed to seek offers in excess of £14,530,000 (Fourteen Million, Five Hundred and Thirty Thousand Pounds), subject to contract and exclusive of VAT for our client’s freehold interest. Assuming standard purchase costs at 6.73%, a purchase at this level would reflect an attractive Net Initial Yield of 9.50% and a low capital value of £129 per sq ft.

Key points

• Tenants include Homebase with Tapi as a sub-tenant and Halfords
• Scheme fronts Stukeley Road within an established out of town retail location
• 74,000 catchment population within a 20 minute drive time, 30% of which are in top AB social grade
• A1 Planning (non-food)

Key points

• Leisure scheme anchored by an 8 screen The Light and Premier Inn hotel
• Located directly opposite to The Crown Wharf Retail Park
• Strategically located on Wolverhampton Street leading into the city centre, just off the A4148

Key points

• Occupiers include Smyths Toys and Carpetright
• Strategically located off the A127 directly adjacent to 103,000 sq ft Sainsbury

Key points

• Occupiers include Smyths Toys, Poundland, Hobbycraft, Next Home and Pets at Home
• 444 customer car parking spaces
• Unrestricted Open A1 including food

Key points

• Scheme anchored by 63,000 sq ft ASDA
• Brynmawr draws on neighbouring towns like Abdergavenny, Pontpool, Ebbw Vale
• Tenants include Farmfoods, Poundland, Pets At Home, Halfords and Card Factory
• New letting to The Range which opened in 2023

Key points

• Benefits from full Open class E including food consent
• Mezzanine capability
• Let to Homebase, Poundstretcher and Carpetright
• Located in close proximity to Halfords, Jollyes, Tesco Extra, Lidl and Aldi

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

• 3,631 sq ft prominent standalone restaurant unit to let fronting Dunwoody Way (subect to vacant possession)
• Adjacent to Odeon and Mecca Bingo
• 304 shared parking spaces
• Phoenix Leisure Park is a busy and vibrant leisure scheme
• The development sits in the heart of Crewe

Key points

• The scheme benefits from Open A1 consent
• Prominent location fronting the A38
• Immediately adjacent to 150,000 sq ft Sainsbury's and John Lewis at Home

Key points

• Tenants include Halfords, Pets At Home and McDonald's
• Prominently situated on London Road in an established out of town retail location

Key points

• Tenants include a number of national leisure operators; 16 screen Cineworld; David Lloyd, Hollywood Bowl, Nandos, McDonalds, Prezzo, Frankie & Benny’s, Ask, Chiquito and newly opened Coast to Coast.
• The scheme comprises a total floor area of 199,314 sq ft.