May auction launched

The Acuitus auction on May 26th will comprise 48 lots with guide prices totalling in excess of £42m. In addition to retail, banking, office and industrial investments, the sale also features two public houses, ground rent investments, a data centre and a chance to acquire a freehold in the heart of the City of London.

Notable lots include:

• Marks & Spencer, Gerrards Cross: Simply Food outlet let to M&S at £110,000pa (Guide price: £2.6m-£2.7m)
• 69 King William Street, EC4: freehold office investment producing £70,792pa (Guide price: £950,000)
• Middlefield Industrial Estate, Sandy: four ground rent investments with guide prices ranging from £5,000 to £275,000
• Exchange House, Portsmouth: a 16,750-sq ft data centre let to Cable & Wireless at £90,000pa (Guide price: £975,000-£1m)

• Arundell House, Windsor: a 5,845-sq ft medical/office investment currently producing £86,926pa (Guide price: £750,000+)
• The Star, Thaxted: 15th-century public house located in “Constable Country” producing £25,000pa (Guide price: £325,000)

Acuitus is committed to the highest level of service to both our vendor clients and auction buyers. So far this year our team has overseen the sale of more than £40m assets bringing the total sales at Acuitus auctions since we launched a year ago to over £150m.

We believe that the forthcoming sale provides excellent opportunities for a wide range of investors and would be pleased to discuss any of the properties featured.

Stuart Buchanan and the Acuitus Finance team can also quote financing terms for all of the lots in the May sale. Stuart can be contacted on 020 7193 2108 (stuart.buchanan@acuitus.co.uk)