| This Month |
The EG Propertylink Investment Update returns with a selection of the newest and varied investments advertised on egpropertylink.com as well as a round-up of the latest investment news from the market.
Remember you can always visit www.egpropertylink.com to search over 1,200 investments. |
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| New Investments |
| !!Hot Property !! |
Lamb Arcade, High Street, Wallingford, OX10 0BX
The Lamb Arcade is situated in the heart of Wallingford town centre at the principal cross roads of High Street and Castle Street.
A substantial property comprising of a historic 15th Century Inn of 3 storey brick elevations with an 18th Century extension to the north of the property along Castle Street comprising rendered gable elevations and enclosing an inner courtyard accessed to the rear of the property along Castle Street.
The property is currently let to over 40 tenants with an approximate aggregate rent of £120,000 per annum. The freehold interest is available off a guide price of £1.5 million.
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| Price |
£ 1,500,000 |
| Agent |
Savills |
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Commercial Investment, Ash Road, Sandwich, CT13 9JB
Commercial investment currently comprising a commercial building let as a veterinary surgery and motor vehicle MOT workshop, together with an area of undeveloped land laid to grass. The property has a 73m frontage to the road.
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| Price |
£370,000 |
| Agent |
Caxtons Chartered Surveyors |
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Assist House, Bridle Road, Bootle, L30 4UE
Long Leasehold - 125 Years from 11 July 2004, subject to a ground rent of £12,000 p.a.. Refurbished office accommodation extending to aprpoximately 12,324 sq.ft. (NIA) initial rent £65,000 p.a. rising to £90,000 p.a in Year 5. 10 Year Lease from May 2008, with a 5 Year Rent Review and Tenant Option to Break.
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| Price |
£650,000 |
| Agent |
Fitton Estates |
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6 Commerce Road, Axon Peterborough Business Park, Lynch Wood, Peterborough, PE2 6LR
Part let nearly new detached two storey office building forming part of the favoured Peterborough Business Park lying immediately to the east of the A1 Great North Road at Alwalton. The ground floor is let to Reliance Security Services Limited and currently produces £23,500 par annum, exclusive whilst the first floor totalling 1,866 sq ft is vacant. The freehold is available for sale subject to the occupational lease of the ground floor. Consideration will also be given to a letting of the first floor accommodation at a commencing rental of £23,000 per annum, exclusive.
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| Price |
£495,000 |
| Agent |
Edward Symmons |
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11 Market Place, Wincanton, BA9 9LP
Located fronting Wincanton’s prime retail area. Shop 705 sq ft plus kitchen and lower ground floor storage. Let to Preview Fashions Ltd (trading since 2000) with personal guarantees. Full repairing and insuring lease to November 2018 at £10,500 pa. 999 year lease from August 2004 for sale. Guide Price £130,000 (reflecting an initial yield of 8%).
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| Price |
£130,000
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| Agent |
Greenslade Taylor Hunt |
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