The fourth Acuitus auction of 2015 will take place on July 9th and the catalogue for the sale can be viewed online here. The May auction saw the sale of £49m at a 90% sale rate. Acuitus has now sold more than £1bn of assets on behalf of clients. The July auction offers 60 lots encompassing a wide range of retail, office, industrial and leisure assets producing current total rental income in excess of £4.3m. The assets for sale represent a wide geographic spread across the UK and a similarly extensive range of investment opportunities with guide prices from £75,000 to £5.375m.
Lots featured in the auction have been entered by vendors including Legal & General, CBRE Global Investors, Wesleyan Assurance and Heron Foods together with major banks, administrators and LPA Receivers including JLL, Deloitte, Smith & Williams, DTZ, Moorfields and Fairacre. The sale will include two major lots that are being offered with guide prices in excess of £5m.
United House in York is a 43,468 sq ft office building which is offered with vacant possession and planning consent for residential conversion a guide price of £5m. Five Temple Square in Liverpool is a 40,737 sq ft office building with tenants including BDO, Wealth At Work and Armstrong Solicitors. The current income is £513,537pax and the guide price is £5.375m.
Other lots in the auction include:
The auction will take place at The Radisson Blu Portman Hotel, 22 Portman Square, London, W1 at 1.30pm on July 9th.
