Catalogue launched for first 2015 auction

The catalogue for the first Acuitus auction of 2015 which will take place on February 12th can be viewed here 

Acuitus auctioneer, Richard Auterac, commented:”We believe that this year will provide exceptional opportunities in the sale room and are pleased to offer a strong first catalogue for 2015″.

The sale will offer 48 lots encompassing a wide range of retail, office, industrial and leisure assets currently producing total rental income of approximately £3.5m. The assets for sale represent a wide geographic spread across the UK and a similarly extensive range of investment opportunities with guide prices from £50,000 to £1.85m.   Lots featured in the auction have been entered by vendors including The Defence Infrastructure Organisation, F&C REIT, Land Securities, Highlands & Islands, Northamptonshire County Cricket Club, Cordea Savills and Peel Holdings together with Major banks, Administrators and LPA Receivers. Properties in the auction include:

• 4x Freehold Kwik-Fit Tyre Depots in Darlington , Sheerness ,  Great Yarmouth and Helensburgh : Let until 2032 with tenant option to extend.  Producing a total rent of £204,805 pax.  Guide prices from £400,000

• Manchester, Little Hulton:  Modern 1030 sq m (11,089 sq ft) freehold retail investment let to Farmfoods and Iceland  at a current rent of £96,700 pax.  Guide price: £1m
• Modern office investment on The Enterprise Park, Forres, Inverness: On behalf of Highlands & Islands.  1,750 sq m (18,848 sq ft) let to Atos IT Services until 2028 (subject to option) at a current rent of £179,031 pax.  Guide price: £1.4m
• WH Smith, High Street, Newmarket: Prime Retail Investment.  Let until 2021 at a current rent of £90,000 pax.  Guide price: £1.4m
• Cobalt Square, Hagley Road, Edgbaston, Birmingham: Multi-let office investment.  17 storeys of approx. 6,682 sq m (71,923 sq ft).  Guide price: £1.85m
• St Peter Street, Derby: Substantial city centre investment.  On behalf of Cordea Savills, five retail units comprising 1,207 sq m (12,995 sq ft) let at a current rent of £325,733 pax.  Guide price: £1.6m

Stuart Buchanan of Acuitus Finance can quote financing terms for all lots in the sale, and can be contacted on 07879 432868 (stuart.buchanan@acuitus.co.uk).

Please note this auction will be held at 2pm at the Radisson Blu Portman Hotel, 22 Portman Square, London, W1.