The catalogue for the third Acuitus of this year will offer 98 lots on Thursday, May 19th and can be viewed online here
The sale encompasses a wide range of retail, office, industrial, ground rent and leisure assets producing current total rental income of around £9m. There is an extensive range of investment opportunities with guide prices from £75,000 to £5m+.
Lots have been entered by vendors including Aviva Investors, M&G Real Estate, Heron Foods and Hansteen together with administrators and LPA Receivers at Deloitte, CBRE, Knight Frank, Colliers International, Bilfinger GVA and Chart.
Lots in the auction include:
- Warrington, Cinnamon House: 18,361 sq ft modern freehold office investment let to a Regus subsidiary until 2023 at a rent of £233,185 pax. Guide price: £2.30m
- Salisbury, Blue Bear Row: prime 22,278 sq ft freehold bank investment let to Lloyds Bank plc on renewed lease from 2011 at a rent of £230,000 pax Guide price: £3.35m
- Birmingham, Ace Business Park, Sheldon: 119,891 sq ft. (6.98 acre) multi-let freehold industrial estate investment of 15 units producing £244,6981 pax. Guide price: £3.25m
- Brightlingsea, Waterside Marina: 7.44-acre residential and retail complex including 133 homes producing £483,430pax. Guide price: £5m+
- Livingston, Houstoun Industrial Estate: four units totalling 74,331 sq ft let to tenants including Canon (UK) and Hertz (UK) producing current income of £304,000pax. Guide price: £3.1m
- Bradford, The Wardley Centre: 178,781 sq ft freehold investment mainly sub-let to Mecca Bingo until 2065 with RPI uplifts and producing £464,273pax. Guide price: £3.5m
- Canterbury, Odeon Cinema: 22,656 sq ft freehold investment let to Odeon Cinemas until 2032 currently producing £178,026pax with annual RPI uplifts. Guide price: £2.85m+
- Caldicott, Town Centre: freehold Ground Rent retail parade investment including 18 shops let on a 125 year lease producing £162,037pax with geared reviews. Guide price: £2.9m
- Halesowen, Hagley Street: 52,028 sq ft freehold retail investment mainly let to Wilko Retail producing £310,300pax Guide price: £2.5m
- Four high yielding multi-let industrial estates: in Huddersfield, Cleckheaton, Fleetwood and Dudley being sold on behalf Hansteen. Guide prices range from £325,000-£780,000
The auction will be held at the Radisson Blu Portman Hotel, 22 Portman Square, London W1H 7BG at 12 noon on Thursday, May 19th.
