EG Property Link Investment Update - October 2009.  In this issue the latest news headlines and the hottest properties for sale now...Forward to a friend | View as a webpage | Add us to your white list
EGPL Monthly Newsletter
EG Property Link Investment Update
October 2009
EG Events
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.
Investment News
> Regional office yields turn a corner
Prime office yields in the UK’s key regional markets strengthened in Q3 for the first time in more than two years.
> IPD: largest monthly capital growth for three years
The UK commercial property market delivered the largest monthly capital growth since June 2006 – climbing 1.1% in September.
> Shopping centre investment levels on the rise
Shopping centre investment volume increased by 74% from £175m in Q2 to £304.5m in Q3, according to Knight Frank’s Q3 shopping centre investment quarterly.
 
New Investments
!!Hot Property !!
108 - 110 City Road, Fenton, Stoke-on-Trent, ST4 2PH
Price: £1,750,000.00

Single storey industrial buildings of steel portal frame construction with approx 15 ft eaves, cavity brick in-filled walls under a sheet clad roof and concrete floors. The vacant unit benefits from multiple roller shutter access and a good size yard allowing ample parking and circulation space. Further parking is available to rent by negotiation, currently so at £2,400 p.a. The vacant warehouse area has fluorescent lighting, intruder alarm and fire alarm systems. There is also a two storey ancillary office area previously used for showroom purposes with gas fired heating. The premises are split with Unit 4, 112-114 being occupied by DHL Express (UK) Limited, unit 3, 108-110 City Road being offered with vacant posession.
Agent BJB Commercial
The Greaves Building, 3 Hartshead Street, Oldham, OL4 5EE
Price: £1,450,000.00

Investment portfolio for sale. Mix use investment stock of 14 properties currently producing annual income at £145,000 with the potential to increase to £165,000 when fully let. The properties are situated in the North Manchester area, Oldham and Saddleworth, on varying lease terms. The portfolio also includes two development plots - site with pp for 9 x apartments and site with pp for 2 x apartments and 2 x office units.
Agent Yorkshire Mills
Intex House, Aylesham Industrial Estate, Aylesham, Canterbury, CT3 3EP
Price: £1,000,000.00

The premise comprises three adjacent industrial units, constructed in the 1960’s. Two of the buildings provide accommodation over two floors and are of steel portal frame construction with reinforced concrete flooring to the ground and first floors. The third building is constructed with a concrete portal frame to the ground floor only. The origins of the complex were used for the manufacture and storage of fabrics with ancillary first floor office accommodation. A goods lift serves ground and first floors. In addition to the three main buildings there is an ancillary building providing workshop/ storage space.
Agent Cluttons

20-22 Lansdowne Street - 20 - 22 Lansdowne Street, Leamington Spa, CV32 4SP
Price: £225,000.00

Current Income £20,550 per annum. Net yield 8% after allowing for purchase costs ar 2.75%. Potential income growth in respect of the residential accommodation. ground floor tenant: Willstan Racing Ltd (trading as William Hill). 20-22 Lansdowne Street comprises a 2 storey mid terrace property having a substantial ground floor shop, having a floor area of approximately 1,460 sq.ft. On the 1st floor there is a large self contained centrally heated 2 bedroom flat, having its own separate access of Lansdowne Road, which runs parallel to Lansdowne Street.
Agent Bromwich Hardy
68 Western Road, Borough Green, Sevenoaks, TN15 8AH
Price: £225,000.00

Freehold Retail Investment For Sale with Living Accommodation. Retail Area: 45.86 sq m (493 sq ft). Rear Stores: 34.83 sq m (375 sq ft). WC. Total Area: 80.69 sq m (868 sq ft). Price: Offers in the region of £225,000 for the freehold investment. Terms: Current tenant is First Quench Retailing Limited trading as Threshers. Twenty year lease from and including the 25th December 1996. Current passing rent is £15,250 per annum exclusive. Next rent review is due 25th December 2011.
Agent Sibley Pares Chartered Surveyors.
Unit 4, Riverside Court, Lower Southend Road, Wickford, SS11 8BB
Rent: £12,000.00 PA

This end terrace ground floor lock-up retail unit comprises a retail area to front with rear kitchenette, WC and store facilities. The property benefits from good pedestrian passing trade.
Agent Kemsley LLP
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