Catalogue launched for July auction

20th June 2012

Acuitus has launched the catalogue for its next auction on July 10.

The sale will offer 50 lots representing retail, office, industrial and leisure investments with a total rental income of around £3.1m and can be viewed here.

Lots are being offered on behalf of clients including The Co-Operative Estates, Southampton City Council, Chancerygate Asset Management and a major institutional fund, together with administrators at Deloittes LLP, Ernst & Young LLP and receivers at Grant Thornton, Jones Lang LaSalle, Knight Frank and Wedlake Bell.

The properties in the auction represent a wide geographic spread across the UK and a similarly extensive range of investment opportunities with guide prices up to £2.7m.

Properties in the auction include:

  • London EC1 – Kinetic House, 44 Hatton Garden. A freehold retail/residential investment currently producing £60,650pax. Guide Price: £850,000.
  • Three LA Fitness Centres in Slough, Guildford and Leeds with combined rental income of more than £500,000 pax: Guide prices range from £550,000-£1.8m


  • York – A freehold bank investment let to Bank of Scotland plc until 2025 currently producing £183,000pax. Guide Price: £2.7m
  • Nine freehold retail investments let to Thomas Cook Travel currently producing total rental income of c£170,000pax. Guide prices range from £55,000-£450,000.
  • Farnham – A freehold bank investment let to HSBC plc until 2021 currently producing £97,500pax. Guide price: £1.6m.
  • Taunton – A freehold geared retail/leisure ground rent investment let to Eldridge Pope & Co on assignment from Tesco Stores Ltd until 2070. Producing £115,200pax. Guide Price: £1.65m+.
  • Bloomsbury, London – A freehold residential opportunity with vacant possession situated in the heart of Central London occupying approximately 203 sq m (2,185 sq ft). Guide price: £1.5m.
  • Northwich – A parade of 6 self contained retail units with tenants including Specsavers, Co-op Travel and British Heart Foundation. Currently producing £145,425 p.a.x. Guide price: £1.35m – £1.4m.

 Stuart Buchanan of Acuitus Finance can quote financing terms for all lots in the sale, and can be contacted on 07879 432868 ( The auction will take place at the Millennium Hotel, Grosvenor Square, London W1K 2HP at 2pm on July 10.