May auction offers 90 lots

4th May 2018

The Acuitus auction on May 24th will feature 90 lots representing around £7m of rental income. 

Guide prices range from £50,000 to £5.75m with lots being entered for sale by a range of sellers including Wesleyan Assurance, Mapeley, The Co-operative Bank, Gala Leisure and Fixed Charge Receivers at CBRE, Savills and Alder King.

Among the investments being offered are a 15,220 sq ft Alid supermarket in Sheffield which is let on a lease expiring in 2033 at a current rent of £181,698pa with five-yearly RPI-indexed rent reviews (capped at 3% and collared at 1%). The guide price for the lot is £3m-£3.1m.

The sale also features major industrial investments at Watford and Bow which are being offered with guide prices of £5.75m and £1.95m respectively.

To view all available properties in the auction, please click here

The auction will take place at the Radisson Blu Portman Hotel (22 Portman Square, London W1H 7BG) at 1pm on May 24th.