Catalogue launched for October sale

The catalogue for the fifth Acuitus auction of 2013 which will take place on October 17th can be viewed online  here   The sale will offer 60 lots encompassing a wide range of retail, office, industrial, leisure and ground rent assets currently producing total rental income in excess of £5.5m.

The assets for sale represent a wide geographic spread across the UK and a similarly extensive range of investment opportunities with guide prices from £10,000 to £2m+. Lots featured in the auction have been entered by a wide range of vendors including Spirit Pub Group, Fairacre, two major pension funds and LPA Receivers and Joint Fixed Charge Receivers GVA, Savills, Knight Frank, BDO, Colliers International, Zolfo Cooper and Jones Lang LaSalle.

Properties in the auction include:

• McDonald’s Drive-Thru, Romford: let until 2025 with no breaks and currently producing income of £82,500pax. Guide price: £1.3m

• Camden Walk, Islington Green, London, N1: freehold retail investment let to Ben Sherman Group and currently producing income of £90,750pax. Guide price: £1.5m
• Gresley House, Doncaster: 38,000-sq ft office building let to tenants including Aviva, Amey Rail and the NHS currently producing income of £456,862pax. Guide price: £2m
• Olympia House, Newport: major town centre block comprising 13 shops together with around 67,000 sq ft of offices above. Redevelopment potential and currently producing £202,950pax. Guide price: £1.5m+
• Regent Street, Leamington Spa: freehold let to Café Rouge Restaurants producing an income of £87,000pax. Guide price: £1.1m

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).    The auction will take place at 1.30pm on October 17th at The Millennium Hotel, Grosvenor Square, London W1.