March auction catalogue online

2nd March 2013

The catalogue for the second Acuitus auction of 2013 on March 21 can be viewed online here. Please note that this auction will take place at The Dorchester Hotel, 53 Park Lane W1. The sale will offer 31 lots representing retail, office, industrial, ground rent and leisure investments with a total rental income of around £2.5m. The assets for sale represent a wide geographic spread across the UK and a similarly extensive range of investment opportunities with guide prices from £100,000 to £2.85m. Lots featured in the auction have been entered by a wide range of vendors including British Land; LPA receivers at Jones Lang La Salle and GVA; major banks and building societies; a pension fund; and a number of property companies. Properties in the auction include:

  • London EC2, The Red Lion, Eldon Street: A prime city freehold public house investment currently producing £75,000pax and with potential for alternative use (subject to necessary consents). Guide Price: £1.2m+
  • Cardiff, International Sports Village: Highly secure geared ground rent investment let to Toys R Us until 2256 with five-yearly fixed increases (2.5%pa compounded or RPI) and currently producing £65,076pa rising to a minimum of £70,405 pa in 2016. Guide price: £1.5m
  • Formby, LA Fitness Freehold health club investment let to LA Leisure Ltd until 2038 and currently producing £190,753pax. Redevelopment potential (subject to necessary consents). Guide Price: £1m+
  • London SW6, 55 Fulham Broadway Well-located property close to major shopping centre. Let to Foxtons until 2021. Producing £115,000pa. Guide Price: £1.7m+

Stuart Buchanan of Acuitus Finance can quote financing terms for all lots in the sale, and can be contacted on 07879 432868 (