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Home » News » Catalogue for December auction launched

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Catalogue for December auction launched

15 November 2012

Acuitus has unveiled a 54-lot catalogue for its sixth and final auction of the year.

The catalogue can be viewed online here.

The sale will offer 54 lots representing retail, office, industrial and leisure investments with a total rental income of around £3.2m.

Lots featured in the auction have been entered by a wide range of vendors including PRUPIM; The Co-Operative Estates; Isis Waterside Regeneration; Soho Housing Association; Sue Ryder; Barts and the London Charity; other major institutions, Administrators and LPA receivers at Jones Lang LaSalle and BNP Paribas Real Estate.

The properties in the auction represent a wide geographic spread across the UK and a similarly extensive range of investment opportunities with guide prices from £75,000 to £2.9m

Properties in the auction include:

  • Four Trade Counter Warehouses in Leamington Spa, Ripley Nr Guildford, Birmingham and Kenley Nr Croydon let to Wolseley UK Ltd and Jewson Ltd With combined income of £386,745 pax.
  • Three Medical Centres in Liverpool, Birmingham & Crumlin Nr Newport let to Doctors and Local Health Board with combined income of £192,300 pax: Guide prices from £260,000-£1.5m
  • Southampton - 98 Above Bar Street. A prime freehold retail Burger King investment. Currently producing £110,000pax. Guide price: £1.05-£1.1m
  • Scarborough - 92-93 Westborough. A freehold Halifax Bank investment. Currently producing £104,500 pax. Guide price: £1.35m-1.4m
  • Leicester - 83 Humberstone Gate. A 2,768 sq. m.(29,794 sq ft) freehold office building. Currently producing £159,840 pax. Guide price: £850,000
  • Three LA Fitness Centres in Hove, Lincoln, Milton Keynes with combined rental income of more than £509,377 pax: Guide prices range from £575,000-£1m
  • Ilkeston - Derby Road. 1.18ha (2.9 acres) car showroom site. Lease guaranteed by Co-Operative Group until 2028.Producing £230,414pax. Guide price £2.8m-£2.9m
  • Five London investments in Covent Garden, Fulham, Brixton and Shepherds Bush.

Acuitus auctioneer, Richard Auterac, comments: "As one of the last opportunities to buy and sell before the end of the year, the auction promises to be busy and exciting. We hope that you find investment opportunities in the catalogue and would be pleased to answer any queries you might have".

Stuart Buchanan of Acuitus Finance can quote financing terms for all lots in the sale, and can be contacted on 07879 432868 (stuart.buchanan@acuitus.co.uk).

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    • Buyer firepower fuels May auction success 24.5.13
    • cPad May 2013: increased activity sustained 9.5.13
    • Catalogue launched for May auction 2.5.13
    • RPAI shows retail price falls slowing 30.4.13
    • New "consensus" drives buying at March auction 22.3.13
    • March auction catalogue online 2.3.13
    • EG podcast with Richard Auterac 26.2.13
    • Reality Check Q4 2012: most positive funding market since 2008 26.2.13
    • Demand pushes February total to £28m 15.2.13
    • Latest auctions reflected stronger demand 28.1.13
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