Oxford Street, 4-20 Whitewalls & Union StreeT
|
|
- Alfred McDowell
- 5 years ago
- Views:
Transcription
1 SWANsea Oxford Street, 4-20 Whitewalls & Union StreeT Prime Retail City Centre Estate OPPORTUNITY
2 Investment Summary Swansea is Wales 2 nd City and the dominant commercial and administrative centre for South West Wales with a primary catchment of more than 549,000 people A City that is growing and benefiting from investment in tourism, leisure, retail and expanding Universities 100% prime pitch surrounding Swansea s historic market at the heart of the City Unbroken retail estate of 108,599 sq ft comprising 26 well configured retail units and a reversionary hotel Net income of 1,803,006 pa, 90% to national multiples on FRI terms including Lloyds Bank, Costa Coffee, Accessorize, Lush, Starbucks, O2, F Hinds, EE and Greggs Attractive WAULT of 11.7 years and WAULT to breaks of 9.9 years, with 17% of income secured to Lloyds TSB Bank plc & Whitbread Properties Ltd for over 40 years long leasehold providing 111 years unexpired on a side by side basis of 10% of the net income New owner will benefit from the recent roof works with assignable warrants for a further 11 years Rateable values for the retail element of the property have reduced by an average of 33.3% in the 2017 Draft Rating List Asset management opportunities to enhance income and maximise potential of unused upper parts Offers in excess of & exclusive of VAT 17,750,000 Subject to contract Net Initial Yield 9.52% Equivalent Yield 8.66% Reversionary Yield 8.65% Running Yield (2028) 8.93%
3 HEREFORD A470 A40 A40 A48 A483 BRECON BEACONS NATIONAL PARK A470 Location Swansea, Wales second City, is the commercial and administrative centre for South West Wales. The City is located 42 miles (69 km) west of Cardiff, 81 miles (131 km) west of Bristol and 187 miles (301 km) west of London. LLANELLI SWANSEA A465 M4 PONTYPRIDD PONYTPOOL A449 A470 M4 NEWPORT CARDIFF M48 BRISTOL The City has excellent road communications lying just 4 miles south of the M4 with access to multiple junctions. The M4 provides a direct link to Cardiff, London and the wider motorway network. Swansea train station provides a direct service to Cardiff, Bristol Parkway and London Paddington with a fastest journey time to London of 2 hours 55 minutes. Network Rail are about to modernise the service on this busy route with the electrification of the lines from the Severn Tunnel to Swansea which will reduce the journey time to London by 20 minutes. BRISTOL CHANNEL CARDIFF M5 WESTON-SUPER-MARE BRISTOL A38 Population & Economy The City of Swansea has a population of 241,300 people (2014) that is projected to grow by almost 12% to 270,000 by Swansea s catchment covers the majority of South West Wales. The primary retail catchment has a total population of 549,000, ranking the city 31 out of the PROMIS Centres. Swansea retail spend is supported by a vibrant student culture with over 24,000 students studying within the City at Swansea University (third largest in Wales) and The University of Wales Trinity St David. Swansea University are creating a new world-leading research, innovation and educational complex. Phase 1 ( 75m) completed in September 2015 by upgrading Singleton Park Campus and has already resulted in student and staff numbers increasing by 20%. Phase 2 ( 450m) is set to complete in 2020, potentially increasing the numbers of students in Swansea to 30,000. It is one of the largest knowledge economy projects in the UK and within the top five in Europe. The success of the city s football team, now a premier league regular, has boosted the local economy and enhanced the profile of Swansea. Retail expenditure is also supported by 4.56 million tourists visiting Swansea Bay in 2015 (2.1% increase on 2014), with an estimated spend of over 402 million (City of County of Swansea). Major employers in Swansea include; Admiral Insurance, BT, City Council of Swansea, DVLA, HM Land Registry & HSBC.
4 Swansea Retail Swansea City Centre provides approximately 1.65 million sq ft of retail accommodation and is considered the dominant centre in the region, ranking 29th of the PROMIS retail centres in the UK. 100% prime pitch is focussed on the pedestrianised section of Oxford Street running east to west between Union Street and Princess Way. Retailers situated here include Marks & Spencer, Next, H&M, Zara, River Island Topshop, Costa Coffee and Starbucks. The Quadrant Shopping Centre (440,000 sq ft of retail accommodation) located to the south of Oxford Street is anchored by Debenhams, Boots, Superdry and New Look. The Shopping Centre incorporates the city s bus station on its western side which is an important part of the retail circuit for the town. At the centre of the city and its historic focal point, between Oxford Street and the Quadrant Centre is Swansea Market, the largest indoor market in Wales. Open six days a week the market has been in its current position for over 100 years and provides a major draw for shoppers across the city s catchment. The council have recently completed a 1.9m refurbishment of the market including a brand new roof. The subject property is situated at the centre of the retail district for the City and effectively surrounds Swansea Market. The property provides retail accommodation across three shopping streets; Oxford Street, Whitewalls and Union Street. The Oxford Street section forms part of the prime pitch and occupiers include Costa Coffee, Starbucks, Card Factory and Lloyds Bank. Whitewalls benefits from strong footfall, generated from being on the main retail circuit between Oxford Street pitch and the Quadrant Shopping Centre. The presents of Primark on Whitewalls further increases the streets pull for shoppers. Pedestrianised Union Street also links Oxford Street into the Quadrant Centre and provides space for occupiers including Vodafone, Burger King and Santander. Town centre car parking is provided by the two main multi storey car parks, Quadrant Shopping Centre (565 spaces) and at the former St David s Shopping Centre (460 spaces) on the south side of St Mary s church. The St David s Shopping Centre was partly demolished in 2012 and in January 2015, outline proposals to redevelop it and the current civic centre site off Oystermouth Road to the south, into a predominantly leisure complex with retail, residential and a 3,500 seat arena were approved by owners Swansea Council. Rivington Land has been selected by the council to project manage the development which will further improve Swansea as a retail and leisure destination. Works are expected to start in 2017
5 NORTH Swansea marina SWANSEA RAIL Station National Waterfront Museum N Rivington Land/Council Leisure Development Site Multi Story Car Park (565 spaces) Swansea Market QUADRANT SHOPPING CENTRE Swansea Bus Station
6 100% prime pitch surrounding Swansea s historic market at the heart of the City
7 8 7 Description The prominent building occupies a site of approximately 1.00 acre (4,047 sq m) and forms the heart of Swansea City Centre surrounding the historic and popular market. It comprises three sides to the market site providing 11 retail units with frontage to Oxford Street, 10 retail units with frontage to Whitewalls and 5 retail units with frontage to Union Street. One of the retail units on Whitewalls is also the reception to the Dolphin Hotel which comprises three floors of hotel accommodation albeit only one floor has currently been refurbished and is in use. On all three frontages there are entrance points to the Market Hall which is owned by Swansea Council. The retail units are arranged over a combination of basement, ground, first and second floor retail accommodation. The retail units benefit from a glazed canopy which extends along the full perimeter of the ownership. TCBs LB 1 14 to Oxford Street Bank to The building extends to a total area of 108,599 sq ft and the individual unit areas are set out in the accompanying tenancy schedule. 5 to 6 Union Sreet Market 16 20a 20c 18 WHITE WALLS Tenure The property is held long leasehold from The Council of the City and County of Swansea for a term of 125 years from 25th December The total unexpired lease term is therefore approximately 111 years a b LB Lych Gate The head rent is the higher of; the base rent (currently 15,000 pa) or 10% of the gross rents received but net of shortfalls effectively a side by side basis. The base rent is reviewed every 15th anniversary of the lease start date at 0.7% of the property s rack rented value. The next base rent review date is 25th December Further information available on request. We calculate the current ground rent to be 200,618 pa. The red outline shows the extent of the property but the yellow shaded areas exclude the ground floor S
8 EST AG BAY NORTH ANN SUMMERS ACCESSORIZE JENKINS LUSH CAFFE LUCIA CARD CENTRE THE CREPE VINE STA GREGGS WARREN JAMES YOURS LLOYDS BANK MARKET EE CARD MARKET CEX STARBUCKS O2 VACANT CARD FACTORY COSTA F HINDS LIME FONE ZONE YORKSHIRE BUILDING SOCIETY CLAIRE S BLUE BANANA 17% OF INCOME secured to Lloyds TSB Bank plc & Whitbread Properties Ltd for over 40 years
9 Experian Goad Plan C For more information on our pr goad.sales@uk.experian.c Income Profile Gross Annual Income Tenancies The property is let in accordance with the tenancy schedule in the dataroom on effectively Full Repairing and Insuring terms. Tenants include Accessorize, Lloyds Bank, Lush, Costa Coffee, Starbucks, O2, F Hinds, Yours Clothing, Card Factory, Ann Summers, EE, CEX and Greggs. 2,073,500 Less Deductible Shortfalls ( 67,317) Less Head Rent at 10% ( 200,618) Less Non-deductible Shortfalls Net Annual Rent ( 2,559) 1,803,006 Income duration to to break Income duration breaks Income by OCCUPIER Income by Occupier 4% 6% 10% Holding Over 17% 12% 0-5 years Copyright and confidentiality Experian, Crown copyright and database rights OS metres 52% Oxford Street Whitewalls National Multiple 5-10 years 25% Income by Location Income by location Local Occupier 40 years + 22% 62% Hotel 90% Market Rent The city has seen a substantial re-basing of retail rents following the economic downturn and subsequent recession. During the height of the market rents on Oxford Street reached Zone A. The latest letting to Costa at 810 Oxford Street reflects 95 Zone A which illustrates a re-basing of rents by 44%. In our opinion, for the second largest City in Wales with a catchment of 549,000 people and a growing vibrant student population, this represents good value for retailers and provides a good basis for future rental growth. There are a number of recent open market lettings and lease renewals that support the following rental tone: Location Union Street ERV Zone A Oxford Street Whitewalls Union Street 65.00
10 Landlord Shortfalls The accompanying tenancy schedule sets out details of the landlord s irrecoverable shortfalls resulting from the vacant unit and inclusive lettings & service charge caps. WALES SECOND CITY WITH A PRIMARY CATCHMENT OF MORE THAN 549,000 PEOPLE Shortfalls from the Vacant Unit (808 Oxford Street): 46,906 Shortfall temporary from Letting (33/34 Union Street): 20,411 Landlord s management shortfall: 2,559 Total Shortfall: 69,876 Service Charge Landlords costs are recovered through a service charge provision. Costs are apportioned on a fair and reasonable basis as determined by the landlord. The service charge is currently recovered in arrears, based on expenditure. The service charge budget for the year ending December 2016 is 319,491 equating to an average service charge of 2.94 per sq ft. The service charge was considerably higher in 2015 and 2016 following an extensive refurbishment of the property s flat roof. These costs have been split over two service chargeable years. It is expected that the service charge should return to a level inline with previous years, prior to the works in There are 11 years remaining on the works warranties which are assignable to a new owner. Y/E December 2015 Actual - 319,326 Y/E December 2014 Actual - 28,851 Y/E December 2013 Actual - 30,875 Service charge accounts for previous service charge years and the current budget are available in the dataroom.
11 Asset Management Opportunities Let 808 Oxford Street and implement a series of re-gears to improve WAULT. The Dolphin Hotel s rent is in our opinion reversionary and the outstanding rent review should be activated. Whilst the space works well as a hotel alternative uses such as student accommodation should be considered and could release more of the ground floor for a café operator in isolation. Target successful retailers in the market that want to upsize from the relatively small units to Union Street, with a possible split of 33/34 currently occupied on a temporary letting. The 2017 draft rating list has been published by the VOA and the shops within the subject property have seen a reduction in their rateable values by 33.3% on average. This should result in occupational costs reducing from April 2017 which will be a considerable benefit to the retailers and help build a platform for future rental growth. Marriage value and more importantly control for future redevelopment would be gained from negotiating a purchase of the freehold from the council. Operating a more standard service charge with tenants paying upfront would improve efficiencies and potentially reduce management shortfalls. Planning We understand that the property is neither listed nor sits within a conservation area. Capital Allowances The vendor will retain the benefit of any capital allowances. RENT FREE S The vendor will top-up any outstanding rent free periods on completion.
12 VAT It is envisaged that the sale will take place as a Transfer of a Going Concern (TOGC). EPC s A full list is available in the dataroom. Dataroom Please contact us for access to the dataroom. Measured Survey Greenhatch Group conducted a full measured survey in 2015 which is assignable and will be made available to the purchaser. Pricing We are seeking offers in excess of 17,750,000 (Seventeen Million, Seven Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level would show the following yield profile: Net Initial Yield 9.52% Equivalent Yield 8.66% Reversionary Yield 8.65% Running Yield (2028) 8.93% FURTHER INFORMATION For further information please contact: James Pearson T: M: james.pearson@gcw.co.uk Oli Horton T: M: oliver.horton@gcw.co.uk 7-10 Chandos Street London W1G 9DQ T: F: Disclaimer - Whilst every effort has been made to ensure accuracy, no responsibility is taken for any error, omission or mis-statement in these particulars which do not constitute an offer or contract. No responsibility or warranty whatever is made or given either during negotiations or in particulars by vendor, lessor or the agent. Gooch Cunliffe Whale LLP. Registered in England No. OC Registered office: 30 City Road, London EC1Y 2AB. GCW: October Produced by Barbican Studio T:
24 BROAD STREET READING RG1 2BT 100% PRIME LLOYDS BANK INVESTMENT FOR A FURTHER 10 YEARS 5 MONTHS
24 BROAD STREET READING RG1 2BT 100% PRIME LLOYDS BANK INVESTMENT FOR A FURTHER 10 YEARS 5 MONTHS KEY INVESTMENT CRITERIA Reading is a strong regional retail centre currently undergoing significant redevelopment
More information14-17 BANCROFT HITCHIN SG5 1JQ PRIME FREEHOLD RETAIL INVESTMENT WITH DEVELOPMENT OPPORTUNITIES
14-17 BANCROFT HITCHIN SG5 1JQ PRIME FREEHOLD RETAIL INVESTMENT WITH DEVELOPMENT OPPORTUNITIES KEY INVESTMENT CRITERIA Affluent Home Counties market town Prime trading location in close proximity to Marks
More informationBLOCK 4, THE QUADRANT, ALCESTER STREET REDDITCH, B98 8AE HIGH YIELDING LEISURE PARADE INVESTMENT WITH DEVELOPMENT OPPORTUNITIES
BLOCK 4, THE QUADRANT, ALCESTER STREET REDDITCH, B98 8AE 020 7437 6977 HIGH YIELDING LEISURE PARADE INVESTMENT WITH DEVELOPMENT OPPORTUNITIES KEY INVESTMENT CRITERIA Affluent Midlands New Town Freehold
More informationHIGH YIELDING CITY CENTRE OFFICE INVESTMENT WEST GLAMORGAN HOUSE ORCHARD STREET SWANSEA SA1 5AD
HIGH YIELDING CITY CENTRE OFFICE INVESTMENT WEST GLAMORGAN HOUSE ORCHARD STREET SWANSEA SA1 5AD 1 WEST GLAMORGAN HOUSE ORCHARD STREET SWANSEA SA1 5AD Valuation Office Agency Virgin Atlantic Coastal Housing
More informationPROMINENTLY LOCATED RETAIL PARADE IN AFFLUENT LONDON SUBURB LET ON LEASES WITH RPI-LINKED INCREASES
KINGSTON (Units 1-4), 366, Ewell Road, Tolworth, KT6 7AZ PROMINENTLY LOCATED RETAIL PARADE IN AFFLUENT LONDON SUBURB LET ON LEASES WITH RPI-LINKED INCREASES KEY INVESTMENT CRITERIA Prominent new build
More information194,196 & 198 COMMERCIAL ROAD PORTSMOUTH
194,196 & 198 COMMERCIAL ROAD PORTSMOUTH PRIME REBASED HIGH STREET RETAIL STORE INVESTMENT OPPORTUNITY INVESTMENT SUMMARY Portsmouth is Hampshire s second largest city and a major commercial and retailing
More informationPrime Reversionary Freehold Retail Investment. Royal Tunbridge Wells 119 & 121/123 Mount Pleasant Road, TN1 1QR mountpleasantroad.co.
Prime Reversionary Freehold Retail Investment Royal Tunbridge Wells 119 & 11/13 Mount Pleasant Road, TN1 1QR 119-13mountpleasantroad.co.uk Investment Summary Royal Tunbridge Wells is an affluent spa town
More information14-15 COMMERCIAL STREET
PRIVATECLIENT 14-15 COMMERCIAL STREET NEWPORT, GWENT, NP20 1HE HIGH YIELDING PRIME FREEHOLD FLAGSHIP BANK INVESTMENT INVESTMENT CONSIDERATIONS Attractive and prominent corner building in a 100% prime retail
More information51 Queen Street CARDIFF
51 Queen Street CARDIFF Prime Retail Investment 1 Investment Summary Cardiff is the principal retail and commercial centre for South Wales The city is ranked in the top 6 for retail centres for the UK
More informationWELL SECURED, CITY CENTRE, RETAIL INVESTMENT. 2a, 2b & 2c Wulfrun Square, Wolverhampton
WELL SECURED, CITY CENTRE, RETAIL INVESTMENT 2a, 2b & 2c Wulfrun Square, Wolverhampton ð INVESTMENT SUMMARY Wolverhampton is a dynamic, thriving city in the West Midlands benefitting from a primary catchment
More information87-91 Albion Street & 23 Butts Court, Leeds LS1 6AG. Prime Mixed use Investment with Asset Management Opportunities
87-91 Albion Street & 23 Butts Court, Leeds LS1 6AG Prime Mixed use Investment with Asset Management Opportunities To w n H a l l The Light Park Row City Square St. Johns Centre The Property Victoria Quarter
More informationSWANSEA PRIMARK, ST MARY S SQUARE, SA1 3LP
PRIME RETAIL INVESTMENT LET TO PRIMARK FOR A FURTHER 62 YEARS SWANSEA PRIMARK, ST MARY S SQUARE, SA1 3LP INVESTMENT CONSIDERATIONS Swansea is Wales second city and widely regarded as the dominant centre
More informationHigh Yielding Mixed-Use Parade With Active Management Opportunities Westgate Street, Ipswich
High Yielding Mixed-Use Parade With Active Management Opportunities 37-49 Westgate Street, Ipswich +44 (0)20 7317 3700 I klmproperty.co.uk INVESTMENT LEASING INTERNATIONAL LEASE ADVISORY Investment Considerations
More informationFreehold Shopping Centre Investment Opportunity. the britten centre, lowestoft
the britten centre, lowestoft ð INVESTMENT SUMMARY Located in the busy town of Lowestoft with a primary catchment of 123,000 persons and an estimated shopping population of 63,000 persons. The town s only
More information100 ABOVE BAR STREET SOUTHAMPTON SO14 7DT. freehold, reversionary, high street retail investment
freehold, reversionary, high street retail investment Investment Summary Southampton is the premier retailing destination on the south coast with a primary catchment population of 731,000. A strong retail
More informationCEDAR HOUSE Spa Road, Gloucester, GL1 1XL SOUTH WEST OFFICE INVESTMENT WITH ASSET MANAGEMENT OPPORTUNITIES
CEDAR HOUSE Spa Road,, GL XL SOUTH WEST OFFICE INVESTMENT WITH ASSET MANAGEMENT OPPORTUNITIES INVESTMENT SUMMARY An extensive office building in central providing 38,427 sq ft (3,569.98 sq m) of Office
More informationPrime, well secured, freehold, retail investment Old Christchurch Road, Bournemouth BH1 1DR
Prime, well secured, freehold, retail investment INVESTMENT SUMMARY A prime retail investment, on Old Christchurch Road within close proximity to The Square and Commercial Road. An established retailing
More information211 HIGH STREET CHELTENHAM
PRIME SOUTH-WEST RETAIL INVESTMENT Affluent regency spa town on the edge of the Cotswolds in Gloucestershire. INVESTMENT SUMMARY Cheltenham is an affluent regency spa town on the edge of the Cotswolds
More informationSAUCHIEHALL STREET GLASGOW PRIME RETAIL INVESTMENT
202-212 SAUCHIEHALL STREET GLASGOW PRIME RETAIL INVESTMENT INVESTMENT SUMMARY Glasgow is Scotland s largest city, widely acknowledged as the UK s best retail centre outside London Glasgow has a catchment
More informationVICTORIA STREET & CORPORATION STREET, BLACKPOOL, FY1 4RW UNBROKEN RETAIL PARADE INVESTMENT OPPORTUNITY
VICTORIA STREET & CORPORATION STREET, BLACKPOOL, FY1 4RW INVESTMENT CONSIDERATIONS Modern Retail Parade providing a total area 2,113 sq m (22,743 sq ft) Located in 100% prime position in pedestrianised
More information57/61 ABOVE BAR STREET SOUTHAMPTON PRIME FREEHOLD RETAIL PARADE INVESTMENT
57/61 ABOVE BAR STREET SOUTHAMPTON PRIME FREEHOLD RETAIL PARADE INVESTMENT INVESTMENT SUMMARY z Southampton is one of the principal commercial shopping centres on the South Coast, with a primary catchment
More information36/40 NORTHUMBERLAND STREET NEWCASTLE UPON TYNE
36/40 NORTHUMBERLAND STREET NEWCASTLE UPON TYNE PRIME REBASED FLAGSHIP RETAIL INVESTMENT 76% OF THE INCOME WAS REBASED AT THE 2013 LEASE RENEWALS WHERE THE H&M AND WH SMITH RENTS DROPPED BY 26% 36/40 NORTHUMBERLAND
More informationSOUTH COAST : DAWLISH RETAIL & RESIDENTIAL INVESTMENT Piermont Place, Dawlish EX7 9PH
SOUTH COAST : DAWLISH RETAIL & RESIDENTIAL INVESTMENT 9-13 Piermont Place, Dawlish EX7 9PH Retail and Residential Investment Dawlish is a popular seaside town in Devon. The property comprises an amusement
More informationAlexander House, Excelsior Road, Cardiff, CF14 3AT PROMINENT OFFICE BUILDING FOR SALE
Alexander House, Excelsior Road, Cardiff, CF14 3AT PROMINENT OFFICE BUILDING FOR SALE Property Summary An opportunity to acquire a highly prominent and well located refurbishment / change of use opportunity
More information14/20 SOUTH STREET WORTHING BN11 3AA
14/20 SOUTH STREET WORTHING BN11 3AA PRIME RETAIL INVESTMENT LONG INCOME FREEHOLD DEPARTMENT STORE gva.co.uk/8619 INVESTMENT SUMMARY Freehold department store located in Worthing, the largest shopping
More information229 HIGH STREET & GANDY STREET EXETER EX4 3NE PRIME FREEHOLD RETAIL & RESTAURANT INVESTMENT FOR SALE
229 HIGH STREET & 32-33 GANDY STREET EXETER EX4 3NE PRIME FREEHOLD RETAIL & RESTAURANT INVESTMENT FOR SALE INVESTMENT SUMMARY Prime retail and restaurant investment situated in the historic Cathedral and
More informationSat Nav Ref: SO14 3HG 16 EAST STREET, SOUTHAMPTON HIGH-YIELDING INVESTMENT OPPORTUNITY IN TOP 25 UK CITY
Sat Nav Ref: SO14 3HG 16 EAST STREET, SOUTHAMPTON HIGH-YIELDING INVESTMENT OPPORTUNITY IN TOP 25 UK CITY INVESTMENT SUMMARY Southampton is one of the largest cities in the south east and is among the UK
More informationCHELTENHAM 20/22 PROMENADE, GL50 1LR WELL SECURED, SOUTH WEST HIGH STREET RETAIL INVESTMENT OPPORTUNITY
20/22,, SUMMARY Cheltenham is an affluent Regency Spa town located in the south west of England. The property is situated in a prime retailing location. Attractive Grade II listed building. Freehold Let
More informationUNITS 1-9 CENTRE COURT
ASHVILLE TRADING ESTATE INVESTMENT OPPORTUNITY VALUE ADDED OFFICE INVESTMENT OPPORTUNITY 1 UNITS 1-9 CENTRE COURT Meridian North Meridian Business Park Leicester LE19 1WD * ACTIVE MANAGEMENT INVESTMENT
More information16 18 HIGH STREET / CULVER STREET WEST, COLCHESTER, ESSEX, CO1 1DA
INVESTMENT SUMMARY Colchester is an affluent London commuter town located approximately 60 miles (97 km) north east of Central London. 100% prime pitch. 2 of only 8 dual fronted shops with active frontages
More information1 & 2 CHAPMAN S YARD, SCARBOROUGH. well secured, large space, freehold, retail investment
1 & 2 CHAPMAN S YARD, SCARBOROUGH well secured, large space, freehold, retail investment Investment Considerations A prominent location on Chapman s Yard connecting St Thomas Street to North Street Close
More informationDFS SWANSEA NEATH ROAD, MORRISTON, SA6 8ER LONG INCOME RETAIL WAREHOUSE INVESTMENT OPPORTUNITY
DFS SWANSEA NEATH ROAD, MORRISTON, SA6 8ER INVESTMENT CONSIDERATIONS n Freehold n Prominently located close to Junction 45 of the n Purpose built unit comprising 22,803 sq ft n Let to the D&B rated 5A1
More informationLONG LET HEADQUARTERS OFFICE INVESTMENT KING EDWARDS COURT KING EDWARDS SQUARE SUTTON COLDFIELD BIRMINGHAM B73 6AY
LONG LET HEADQUARTERS OFFICE INVESTMENT KING EDWARDS COURT KING EDWARDS SQUARE B73 6AY INVESTMENT SUMMARY Sutton Coldfield is an affluent commercial centre within Birmingham and the West Midlands conurbation,
More informationPRIME RETAIL RESIDENTIAL DEVELOPMENT OPPORTUNITY
PRIME RETAIL RESIDENTIAL DEVELOPMENT OPPORTUNITY INVESTMENT SUMMARY z Royal Leamington Spa is an attractive, affluent spa town located in the heart of Warwickshire, with a loyal and affluent catchment
More informationINVESTMENT SUMMARY. Freehold property situated on an island site within Bishop s Stortford s prime retailing pitch.
INVESTMENT SUMMARY Freehold property situated on an island site within Bishop s Stortford s prime retailing pitch. The property comprises three retail units with a dental practice at first floor level
More information243/247 HIGH STREET, HOUNSLOW UNBROKEN RETAIL PARADE INVESTMENT OPPORTUNITY
243/247 HIGH STREET, HOUNSLOW UNBROKEN RETAIL PARADE INVESTMENT OPPORTUNITY INVESTMENT SUMMARY y Hounslow catchment population is c. 2,361,000 ranking in the top decile of comparison goods trading locations.
More information26 HIGH STREET WINCHESTER SO23 9AX 100% PRIME, WELL SECURED, FREEHOLD, RETAIL, INVESTMENT OPPORTUNITY
26 HIGH STREET WINCHESTER SO23 9AX 100% PRIME, WELL SECURED, FREEHOLD, RETAIL, INVESTMENT OPPORTUNITY INVESTMENT SUMMARY Located in the most affluent of PROMIS centres in the UK whilst benefiting from
More informationFreehold Multi-Let Retail & Office Investment Carlyle s Court, St Mary s Gate, Carlisle CA3 8RY
Freehold Multi-Let Retail & Office Investment Carlyle s Court, St Mary s Gate, Carlisle CA3 8RY CARLYLE S Carlyle s Court, St Mary s Gate, Carlisle - Freehold Multi-Let Retail & Office Investment 1 GLASGOW
More informationPRELIMINARY PARTICULARS MODERN FREEHOLD OFFICE INVESTMENT OPPORTUNITY BELGRAVE HOUSE, MONUMENT HILL, WEYBRIDGE, SURREY KT13 8RN
PRELIMINARY PARTICULARS MODERN FREEHOLD OFFICE INVESTMENT OPPORTUNITY BELGRAVE HOUSE, 39-43 MONUMENT HILL, WEYBRIDGE, SURREY KT13 8RN INVESTMENT SUMMARY Weybridge is a prosperous Surrey town situated some
More informationNorth Street, Bedminster, Bristol, BS3 1JJ
freehold MIXED USE investment opportunity 227-231 North Street, Bedminster, Bristol, BS3 1JJ Investment summary Freehold Ground floor let to the strong covenant of Loungers Limited Unexpired term of 12.5
More informationINVESTMENT CITY CENTRE INVESTMENT GROUND FLOOR AND BASEMENT WESTLEGATE, NORWICH NR1 3LR LET TO EVANS CYCLES
INVESTMENT GROUND FLOOR AND BASEMENT 14-18 WESTLEGATE, NORWICH NR1 3LR CITY CENTRE INVESTMENT LET TO EVANS CYCLES INVESTMENT SUMMARY Norwich is a major UK city with a large and affluent catchment. Prominent
More informationUNIT 2B NEW STATION WAY FISHPONDS, BRISTOL, BS16 3LD
INVESTMENT SUMMARY Located in an established commercial area 4 miles north east of Bristol city centre. Modern trade counter unit totalling 4,003 sq ft with secure yard. Single let to Crown Paints Limited
More informationFreehold Car Dealership Investment FORD, VICARAGE LANE, BLACKPOOL, FY4 4ES
Freehold Car Dealership Investment FORD, VICARAGE LANE, BLACKPOOL, FY4 4ES Investment Summary Blackpool serves a population in the region of 260,000, together with being one of the major tourist destinations
More informationUNION STREET ABERDEEN AB11 6BB RETAIL INVESTMENT OPPORTUNITY
191-197 UNION STREET ABERDEEN AB11 6BB RETAIL INVESTMENT OPPORTUNITY INVESTMENT SUMMARY ABERDEEN is Scotland s third largest city, and consistently voted one of the Best UK Cities to Live and Work In Located
More informationThe Norham Portfolio. A High Yielding UK Retail Portfolio
The Norham Portfolio A High Yielding UK Retail Portfolio Norham Portfolio Investment Summary High yielding UK retail portfolio let to notable tenants including Carphone Warehouse, Monsoon, BrightHouse
More informationFor Sale. 473 Newport Road, Cardiff CF24 1RQ. Leisure Investment Opportunity
For Sale 473 Newport Road, Cardiff CF24 1RQ Leisure Investment Opportunity 473 Newport Road, Cardiff CF24 1RQ 02 Investment Summary Detached drive-thru restaurant fronting Newport Road, one of the main
More informationMillstream Way, Swansea Vale, Swansea, SA7 0AB. Modern Part-Let Grade A Business Park Office Investment
Millstream Way, Swansea Vale, Swansea, SA7 0AB Modern Part-Let Grade A Business Park Office Investment Investment Summary Opportunity to acquire Crucible Park, which is a modern development comprising
More informationPrime Well Let Retail Parade. Inverness 41/47 High Street
Prime Well Let Retail Parade Inverness 41/47 High Street Investment Summary Inverness is the retail, administrative and financial capital for the Highlands & Islands. The city is the dominant shopping
More informationFor Sale Park Street, Walsall. Prime Retail Investment. 102 Colmore Row Birmingham B3 3AG
For Sale Prime Retail Investment INVESTMENT CONSIDERATIONS Let to Barclays Bank PLC (14 years unexpired), and Republic Retail Limited; Rebased Zone A s 100% Prime Pitch Large well- configured shop units
More informationPRIME HIGH STREET RETAIL INVESTMENT OPPORTUNITY
01 PRIME HIGH STREET RETAIL INVESTMENT OPPORTUNITY NEXT 117-119 HIGH STREET DUNFERMLINE KY12 7DR 02 INVESTMENT SUMMARY Prime retail investment located in Dunfermline, the administrative, financial and
More informationMatalan, St Thomas Street, Scarborough YO11 1DY. Highly Secure Long Income Investment Opportunity
Highly Secure Long Income Investment Opportunity 2 EXECUTIVE SUMMARY Located in Scarborough which offers a significant catchment area. The site occupies a prominent corner location within the town s retail
More informationEDF ENERGY 334 OUTLAND RD
EDF ENERGY 334 OUTLAND RD P L Y M O U T H P L 3 5 T U L O N G L E A S E O F F I C E I N V E S T M E N T O P P O R T U N I T Y INVESTMENT SUMMARY r Prominent location on A38/A386 intersection, approximately
More informationHIGH STREET AYR
88-104 HIGH STREET AYR FOR SALE EXCELLENT RETAIL INVESTMENT OPPORTUNITY 66.75 YEARS TERM CERTAIN TO ESTABLISHED HIGH STREET RETAILER INVESTMENT SUMMARY An excellent opportunity to acquire an established
More information24/28 QUEEN VICTORIA STREET READING RG1 1TG
24/28 QUEEN VICTORIA STREET READING RG1 1TG INVESTMENT SUMMARY Reading is an important and affluent, regional retail centre with an extensive primary catchment population of 692,000 and total catchment
More informationLlys Castan Parc Menai Bangor North Wales. A well let investment opportunity Royal Mail & RSPB Unit 14 Llys Castan Parc Menai Bangor.
Llys Castan Parc Menai Bangor North Wales A well let investment opportunity Royal Mail & RSPB Unit 14 Llys Castan Parc Menai Bangor ForSale Location: Energy Performance Certificate: The historic city of
More informationRetail Warehouse Investment Opportunity
Retail Warehouse Investment Opportunity On the instructions of Alistair Wright & Simon Hunt Joint LPA Receivers Investment Summary Melton Mowbray is a historic and affluent market town in Leicestershire,
More informationPENTLAND HOUSE, EDINBURGH QUALITY OFFICE INVESTMENT
PENTLAND HOUSE, EDINBURGH QUALITY OFFICE INVESTMENT INVESTMENT SUMMARY Quality Office investment located in Scotland s Capital City Let to The Scottish Ministers with over 10 years unexpired Low passing
More information3-9 HOPE STREET WREXHAM LL11 1BG. well secured, freehold, retail investment opportunity
well secured, freehold, retail investment opportunity Investment Summary Wrexham is the largest town in North Wales as well as the principle commercial and administrative centre for the region. Wrexham
More information51-59 KIRKGATE & 7-19 QUEENSGATE BRADFORD. prime, high yielding, freehold, retail investment opportunity
51-59 KIRKGATE & 7-19 QUEENSGATE BRADFORD prime, high yielding, freehold, retail investment opportunity Investment Considerations A prime location on Kirkgate Opposite Kirkgate Shopping Centre and within
More informationFOR SALE PROMINENT OFFICE/RETAIL INVESTMENT
FOR SALE PROMINENT OFFICE/RETAIL INVESTMENT OFFERS OVER 655,000 (6.26% NIY) 40-44 ELM ROW, EDINBURGH EH7 5HN Sheridan Property Consultants Executive Summary: Rare opportunity to acquire an office/retail
More informationPORTFOLIO SUMMARY A PORTFOLIO OF FOUR, WELL SECURED AND FULLY LET, RETAIL PROPERTIES IN STRONG RETAILING TOWNS THROUGHOUT THE UK
PORTFOLIO SUMMARY PORTFOLIO SUMMARY CHELTENHAM 219 & 221 223 HIGH STREET CHELTENHAM THE ROTUNDA, MONTPELLIER STREET ABERYSTWYTH 24 GREAT DARKGATE STREET KINGSTON-UPON-THAMES 46 CLARENCE STREET 2 A PORTFOLIO
More information33 NEW CANAL SALISBURY PRIME, PROMINENT RETAIL INVESTMENT OPPORTUNITY
PRIME, PROMINENT RETAIL INVESTMENT OPPORTUNITY INVESTMENT SUMMARY Salisbury is a major retailing destination in Wiltshire benefiting from an affluent catchment population. Occupiers in the immediate vicinity
More information25 Clarendon Road, Redhill Freehold M25 Office Investment
25 Clarendon Road, Redhill Freehold M25 Office Investment Investment Summary Key southern M25 office centre Good position in the town s core office area. High quality building built in 1999, providing
More informationPrime Securely Let Retail Investment In A Busy East Anglian Town 46/48 Tavern Street, Ipswich
Prime Securely Let Retail Investment In A Busy East Anglian Town 46/48 Tavern Street, Ipswich +44 (0)20 7317 3700 I klmproperty.co.uk INVESTMENT LEASING INTERNATIONAL LEASE ADVISORY Investment Considerations
More information31-43 REGENT STREET WREXHAM, LL11 1RY
HIGH STREET RETAIL PARADE & CAR PARKING INVESTMENT WITH AN AWULT OF 24.6 YEARS TO EXPIRY AND 22.8 YEARS TO BREAK ON THE RETAIL ACCOMMODATION INVESTMENT CONSIDERATIONS High street retail parade and car
More informationHIGH YIELDING PRIME RETAIL INVESTMENT MURRAYGATE AND ALBERT SQUARE, DUNDEE, DD1 2BB
HIGH YIELDING PRIME RETAIL INVESTMENT 48 60 MURRAYGATE AND 37 41 ALBERT SQUARE, DUNDEE, DD1 2BB 0131 226 0333 www.lsh.co.uk Investment Summary Prime high street retail investment Let to Tesco Stores Ltd
More informationHSBC HSBC 56 QUEEN STREET, CARDIFF, CF10 2PX HIGH STREET BANK INVESTMENT OPPORTUNITY WITH ANNUAL RPI REVIEWS 3%-5% COLLAR & CAP
HSBC,, WITH ANNUAL RPI REVIEWS INVESTMENT CONSIDERATIONS Prime city centre high street bank investment totalling approximately 5,483 sq ft Cardiff has excellent road and rail communications with
More informationFreehold Investment For Sale
29-31 George Street Croydon Surrey CR0 1LB Retail / office investment opportunity with future development potential subject to vacant possession of the upper parts and necessary consents Multi-let to 4
More informationSat Nav Ref: BN21 3NR 2-8 SUSSEX ROAD, HAYWARDS HEATH HIGH-YIELDING MULTI-LET INVESTMENT IN AFFLUENT LONDON COMMUTER TOWN
Sat Nav Ref: BN21 3NR 2-8 SUSSEX ROAD, HAYWARDS HEATH HIGH-YIELDING MULTI-LET INVESTMENT IN AFFLUENT LONDON COMMUTER TOWN INVESTMENT CONSIDERATIONS Haywards Heath is a highly affluent town situated in
More informationFRENCHGATE & BAXTERGATE, DONCASTER, DN1 1QQ PROMINENT RETAIL PARADE INVESTMENT OPPORTUNITY
INVESTMENT CONSIDERATIONS Prominent and imposing retail parade providing a total area 2,493 sq m (26,800 sq ft) 100% prime pitch pedestrianised location with return frontage on Baxtergate Located opposite
More information48/50 Western Road, BN1 2EB BRIGHTON. Well-secured retail investment opportunity.
48/50 Western Road, BN1 2EB BRIGHTON Well-secured retail investment opportunity. Investment Summary Brighton is one of the dominant commercial, retail and tourism destinations on England s south coast.
More informationFor Sale. Hunts Court, Corporation Street, Taunton, Somerset. Leisure Investment Opportunity
For Sale Hunts Court, Corporation Street, Taunton, Somerset Leisure Investment Opportunity Hunts Court, Corporation Street, Taunton, Somerset 02 Investment Summary Prominent and attractive neo-classical
More informationWELL SECURED, FREEHOLD, RETAIL INVESTMENT STANDISHGATE, WIGAN
Investment Summary WELL SECURED, FREEHOLD, RETAIL INVESTMENT 22-26 STANDISHGATE, WIGAN Well secured, freehold, retail, investment occupying a prime pedestrianised position in Standishgate opposite Wilkinsons,
More informationBETHEL SQUARE, BRECON, LD3 7JP FREEHOLD PRIME RETAIL INVESTMENT
INVESTMENT CONSIDERATIONS Pre-eminent Town Centre Retail Investment in a highly popular tourist destination Brecon is the Northern Gateway to Brecon Beacons National Park attracting over 4 million tourists
More informationSt Paul s Chambers, Sheffield Prime City Centre Mixed Use
St Paul s Chambers, Sheffield Prime City Centre Mixed Use Investment Opportunity FOR SALE Investment Summary St Paul s Chambers is very well situated in the prime location of the city, forming part of
More informationWELL-SECURED FOODSTORE & RETAIL INVESTMENT OPPORTUNITY. Sainsbury s and Majestic, Haddricks Mill Road, South Gosforth, Newcastle-Upon-Tyne NE3 1SR
WELL-SECURED FOODSTORE & RETAIL INVESTMENT OPPORTUNITY Sainsbury s and Majestic, Haddricks Mill Road, South Gosforth, Newcastle-Upon-Tyne NE3 1SR INVESTMENT SUMMARY Prime Foodstore and Retail Investment
More informationProminent High Street & Shopping Centre Investment. Angel Walk Shopping Centre & High Street Tonbridge, Kent
Prominent High Street & Shopping Centre Investment Angel Walk Shopping Centre & 33-37 High Street Tonbridge, Kent Investment Summary 100% prime location on Tonbridge s High Street, the town s principal
More informationPRIME RETAIL/MIXED USE INVESTMENT. 33 & 37 High Street, Lyndhurst, SO43 7BE
PRIME RETAIL/MIXED USE INVESTMENT 33 & 37 High Street, Lyndhurst, SO43 7BE Investment Summary Lyndhurst is an attractive village in the heart of the New Forest National Park. Prime position along the High
More information83 & 83a BRIGGATE LEEDS, LS1 6LH WELL SECURED HIGH STREET RETAIL INVESTMENT OPPORTUNITY
SUMMARY Leeds is the administrative centre of Yorkshire ranking 4th of UK shopping destinations. Leeds has a primary catchment population of 1,057,000 with an impressive 660,000 shopping catchment. Located
More informationST PETER S QUARTER, BOURNEMOUTH BH1 2AD PRIME RETAIL, RESTAURANT AND STUDENT ACCOMMODATION INVESTMENT OPPORTUNITY
ST PETER S QUARTER, BOURNEMOUTH BH1 2AD PRIME RETAIL, RESTAURANT AND STUDENT ACCOMMODATION INVESTMENT OPPORTUNITY 1 INVESTMENT SUMMARY Bournemouth is an attractive and affluent south coast town, benefitting
More informationUNIT 2 BRUNEL WAY. Segensworth East, Fareham, Hampshire PO15 5TX INVESTMENT SALE
UNIT 2 BRUNEL WAY Segensworth East, Fareham, Hampshire PO15 5TX INVESTMENT SALE Investment Summary Fully let detached industrial/warehouse premises in close proximity to the M27. Regional Headquarters
More informationALMONDVALE BUSINESS PARK
MULTI-LET OFFICE INVESTMENT WITH VALUE ADDING OPPORTUNITIES 6 Livingston, EH54 6GA ALMONDVALE BUSINESS PARK INVESTMENT SUMMARY Multi-let office investment opportunity in the town of Livingston Prominent
More informationSTATION ROAD HARROW HA1 2DX. Well Secured, Prominent, Greater London Retail Investment Opportunity
304-308 STATION ROAD HARROW HA1 2DX Well Secured, Prominent, Greater London Retail Investment Opportunity INVESTMENT SUMMARY Harrow is an affluent suburb in north-west London and one of Greater London
More informationDevelopment Site Opportunity. East Street Shopping Centre, Southampton, SO14 3HX. For Sale (Long Leasehold) gva.co.uk/8771
Development Site Opportunity For Sale (Long Leasehold) East Street Shopping Centre, Southampton, SO14 3HX Highlights Gateway Development in Central Southampton fronting A33 ring road and adjacent to Debenhams
More informationNUNEATON 5/6 MARKET PLACE LET TO POUNDLAND LTD UNTIL AUGUST Sat Nav Ref: CV11 4EA
NUNEATON 5/6 MARKET PLACE LET TO POUNDLAND LTD UNTIL AUGUST 2022 Sat Nav Ref: CV11 4EA INVESTMENT SUMMARY Nuneaton is the largest municipality within Warwickshire county with a catchment population of
More informationVirtual Freehold Leisure Investment Kiss Gyms, Paramount Building, Princes Street, Swindon, SN1 2SD
Virtual Freehold Leisure Investment Kiss Gyms, Paramount Building, Princes Street, Swindon, SN1 2SD Kiss Gyms, Paramount Building, Princes Street, Swindon, SN1 2SD Virtual Freehold Leisure Investment Investment
More informationMARLOW HIGH STREET, MARLOW. 100% PRIME INVESTMENT IN AN AFFLUENT MARKET TOWN High Street, Marlow, SL7 1AW MARLOW: HIGH STREET
MARLOW: 12 14 HIGH STREET 12 14 HIGH STREET, MARLOW MARLOW 12 14 High Street, Marlow, SL7 1AW Investment Summary An affluent market town in the heart of the Thames Valley. A well configured retail unit
More information722 Prince of Wales Road
High Yielding Office Investment Opportunity is a large multi-tenanted office situated close to the ring road, motorway and Sheffield City Centre. INVESTMENT SUMMARY High Yielding multi let office investment
More informationRetail Investment Opportunity. Windsor Peascod Street, Windsor, SL4 1DE Peascod Street, Windsor, SL4 1DE
Retail Investment Opportunity Windsor - Peascod Street, Windsor, SL DE Investment Summary The affluent commuter and historic town of Windsor is a leading retailing, business and tourist destination The
More informationKINGS HEATH HIGH STREET BIRMINGHAM B14 7LG HIGH YIELDING, FREEHOLD, HIGH STREET, INVESTMENT OPPORTUNITY
HIGH YIELDING, FREEHOLD, HIGH STREET, INVESTMENT OPPORTUNITY 2 INVESTMENT SUMMARY Popular and busy residential suburb of Birmingham with excellent communications to the city centre. An established convenience-led
More informationHIGH STREET SUTTON PRIME REBASED GREATER LONDON RETAIL INVESTMENT FOR SALE
101-103 HIGH STREET SUTTON PRIME REBASED GREATER LONDON RETAIL INVESTMENT FOR SALE INVESTMENT SUMMARY z Sutton is an affluent London Borough with approximately 554,000 people living within a 20-minute
More informationTRAVELODGE EUROPE WAY, CUMBRIA CA13 0RJ LONG LET HOTEL INVESTMENT WITH RPI RENTAL UPLIFTS
INVESTMENT CONSIDERATIONS Freehold Hotel Investment Located in the Gem town of Cockermouth within the picturesque Lake District National Park 43 bedrooms, 20 seat restaurant totalling 19,432 sq ft (1,805.3
More informationRARE FREEHOLD OPPORTUNITY 5-6 Horton Road, Poyle, Heathrow SL3 0DF
RARE FREEHOLD OPPORTUNITY 5-6 Horton Road, Poyle, Heathrow SL3 0DF 16,905 sq ft (GIA) Detached self-contained headquarters office/ warehouse building Part let with income SUMMARY Freehold The property
More informationSUFFOLK CO10 1RB. Well Secured Prime High Street Retail Investment
SUFFOLK CO10 1RB Well Secured Prime High Street Retail Investment 2 INVESTMENT CONSIDERATIONS Historic and affluent market town 100% Prime pitch on North Street Over 10 years unexpired to a 5A1 covenant
More informationFOR SALE PRIME HIGH YIELDING RETAIL INVESTMENT
FOR SALE PRIME HIGH YIELDING RETAIL INVESTMENT 129-133 HIGH STREET, PERTH PH1 5UN OFFERS OVER 400,000 (14.32% NET INITIAL YIELD) EXECUTIVE SUMMARY High yielding prime retail investment opportunity; Total
More informationNeilston Road, Paisley, PA2 6NE. Prominent Convenience Store Investment
Neilston Road, Paisley, PA2 6NE Prominent Convenience Store Investment Executive Summary Prominent convenience store investment. Fronting one of the main arterial routes in to Paisley, in an area dominated
More information27-35 Victoria Road West Cleveleys, Lancs, FY5 1BS HIGH YIELDING, FREEHOLD, PRIME RETAIL INVESTMENT OPPORTUNITY
27-35 Victoria Road West Cleveleys, Lancs, FY5 1BS HIGH YIELDING, FREEHOLD, PRIME RETAIL INVESTMENT OPPORTUNITY Investment Summary Cleveleys is an attractive and affluent resort town on the Fylde Coast
More informationPRIVATECLIENT ADDRESS HIGH STREET, RYDE, ISLE OF WIGHT, PO33 2HT PROMINENT HIGH STREET, RETAIL INVESTMENT
PRIVATECLIENT ADDRESS INVESTMENT CONSIDERATIONS n Prominent town centre retail investment with residential uppers n Ground and part 1st floor retail unit of 5,754 sq ft (535 sq m) n 5 self-contained 1
More informationSAUCHIEHALL GLASGOW FOR SALE PRIME LEISURE INVESTMENT
FOR SALE PRIME LEISURE INVESTMENT INVESTMENT SUMMARY Prime multi let leisure and retail investment Iconic listed building in one of Glasgow s main leisure destinations Adjacent to the Glasgow School of
More informationOFFICE INVESTMENT FOR SALE KELVIN HOUSE BUCHANAN GATE BUSINESS PA RK STEPPS GL ASGOW G33 6FB
KELVIN HOUSE BUCHANAN GATE BUSINESS PA RK STEPPS GL ASGOW G33 6FB Executive Summary Successful and growing Business Park location which has attracted a range of high profile occupiers including Scottish
More information