The final Acuitus auction of 2018 will feature 80 lots which produce total rental income in excess of £4.3m. Guide prices for the retail, office, industrial, ground rent and leisure assets range from £65,000 up to £2m.
The properties offered are presented on behalf of Morrisons, Mapeley, LaSalle Investment Management, Praxis, Watford Borough Council, The Goldsmiths’ Company Charity, Major Funds, Trustees, Major Property Companies, Executors and LPA Receivers at Knight Frank.
Properties at the auction include:
McDonalds Drive-Thru, Bradford, West Yorkshire: new reversionary lease with over 29 years term certain (no breaks) producing income of £64,950pax. Guide price: £1.1m
130 Allitsen Road, St John’s Wood, London: retail unit with three residential flats above all let on ASTs. Close to St John’s Wood High Street and producing income of £82,340pax. Guide price: £1.95m
2 & 4 Bell Street, 1 & 3 Hart Street, Henley-on-Thames: let to Monsoon Accessorize. Lease renewal for term of 10.25 years from December 2017 (subject to option) and producing income of £105,000pax. Guide price: £1.9m-£2m
Travelodge, Barnsley, South Yorkshire: let to Travelodge Hotels Limited until 2039 (no breaks). RPI-linked five-yearly uplifts and producing income of £77,485pax. Guide price: £1.2m
191/192 High Street, Northallerton, North Yorkshire: prime trading location. New five-year lease renewal from September 2018 (no breaks). Producing income of £100,000pax. Guide price: £1.35m
The auction will take place on Wednesday, December 5th at 1pm at the Radisson Blu Portman Hotel, 22 Portman Square, London W1H 7BG.